Possible ban on mining in the EU and bitcoin in Guinness World Records. Main events of the week

Oct 21, 2022

Possible ban on mining in the EU and bitcoin in Guinness World Records. Main events of the week

The most important industry news and detailed analysis of the cryptocurrency market in Getblock Magazine’s weekly review

House in the US sold as NFT for $175 000

Oct 19, 2022

House in the US sold as NFT for $175 000

The purchase was made through the marketplace of the real estate company Roofstock onChain

Kevin O’Leary predicts the growth of BTC after the adoption of the law to regulate stablecoins

Oct 17, 2022

Kevin O’Leary predicts the growth of BTC after the adoption of the law to regulate stablecoins

According to the entrepreneur, this could happen after November 8, when the midterm elections to the US Senate are held

SEC chair proposes to strengthen the CFTC’s control over stablecoins

Oct 15, 2022

SEC chair proposes to strengthen the CFTC’s control over stablecoins

Gary Gensler stressed that the vast majority of cryptocurrencies, including stablecoins, are securities and should be regulated by the SEC

Tether completely removes commercial paper from reserves

Oct 14, 2022

Tether completely removes commercial paper from reserves

The company noted that the assets were replaced with US Treasury bills

“Cryptocurrency is not an asset.”  Russia’s Deputy Finance Minister speaks about the dangers of digital currency

Oct 12, 2022

“Cryptocurrency is not an asset.” Russia’s Deputy Finance Minister speaks about the dangers of digital currency

Alexey Moiseev considers cryptocurrencies solely as a means of payment

USDC’s supply drops by $9 billion in three months

Oct 6, 2022

USDC’s supply drops by $9 billion in three months

The total supply of the stablecoin has dropped to $46,57 billion

More than half of BTC trading volume turns out to be fake

Oct 6, 2022

More than half of BTC trading volume turns out to be fake

Experts at BanklessTimes believe that exchanges manipulate the indicator to attract new customers

Tether cuts the volume of commercial paper to $50 million

Oct 3, 2022

Tether cuts the volume of commercial paper to $50 million

As of September 30, the company reduced the volume of its commercial paper to less than $50 million

EU re-proposes to restrict trade in non-euro-backed stablecoins

Sep 29, 2022

EU re-proposes to restrict trade in non-euro-backed stablecoins

If approved, such transactions will be subject to a limit of 200 million EUR per day

Circle announces the release of USDC on five new blockchains

Sep 29, 2022

Circle announces the release of USDC on five new blockchains

The stablecoin will also work on Arbitrum, Cosmos, NEAR, Optimism, and Polkadot networks