In 2021, cryptocurrency adoption around the world has significantly increased. The global trend is marching towards regulating digital currency.
NFTs in China are still legal, but they are in a gray area in regulation. Tencent, one of China’s tech giants, has been involved in this move.
Since April 30th, the trading of bitcoin and cryptocurrencies is prohibited by Turkish President Erdogan. The Country is making progress in developing a digital currency issued by its Central Bank. Now Tukey is oficially in a war against Bitcoin.
Uk Post Office will sell Bitcoins starting next week. The purchased vouchers can be exchanged for Bitcoin or Ethereum on the Swarm platform.
The SEC investigation of decentralized exchange Uniswap has began. Uniswap Labs claimed to be committed to complying with laws and regulations. Experts say the investigation is not synonymous with an SEC indictment.
El Salvador bought its first bitcoin with more investments in crypto announced. The operation with the cryptocurrencies was carried out through the Mexican exchange Bitso. The government would have invested more than US$20 million.
A week after EIP-1559 implementation, along with London Hardfork, ETH burning skyrocketed with the launch of several non-fungible tokens. Ethereum blocks issuing turned negative, days after the London hard fork.
There would be no guarantees that the perpetrator of the attack wiould return all of the stolen funds. The analysis firm SlowMist determined the vulnerability of the DeFi Poly Network that was exploited by the hacker. Now the Poly Network Hacker had returned more than US$256 Million in Cryptocurrency.
coin and Ethereum solidified support bases in June and July, says the Bloomberg report, and Analyst Mike McGlone maintains that bitcoin turned the US$40,000 level into new support and could be in its way to US$100,000