Crypto-news

After months of waiting, the first Kusama Parachain auction went off without a hassle. The now active Parachain has already begun successfully processing transactions, paving the way for future slot auctions. The first Kusama Parachain auction could happen by mid-June. Gavin Wood, Polkadot and Kusama creator, posted on Tuesday the schedule for the long-awaited Kusama…

As many companies inclining towards cryptocurrency as an investment, Apoorva Bellapu at Analytics Insight observes crypto tendencies in 2021. Since the cryptocurrency market had fallen a few days ago, the rush to invest in digital coins raises like never before. Everyone estimates that the market would correct itself in a while and that the prices…

Bitcoin and most top cryptocurrencies continued their fall on Sunday amid investor concerns over Chinese regulatory risks. As China has blocked several cryptocurrency-related accounts on Weibo, a popular Twitter-like platform, this weekend, Goldman Sachs Group Inc.’s report warns that institutional adoption of the crypto industry may be a long process. The world’s largest cryptocurrency declined…

Payments company Square is considering creating a non-custodial hardware wallet for Bitcoin, the Square CEO, Jack Dorsey, said on Friday. Usually, cryptocurrency wallets can be stored offline or online at crypto exchanges, desks where Bitcoin can be bought and sold for fiat currencies or other virtual tokens. A non-custodial wallet gives you sole control of…

The president of El Salvador, Nayib Bukele, announced that the country’s government would declare Bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to a multiday conference Miami Bitcoin 2021, the president announced El Salvador’s partnership with Strike, a digital wallet company, to build the country’s modern financial infrastructure using Bitcoin technology….

Anonymous, a decentralized international ‘hacktivism’ movement known for cyber attacks against several governments since 2003, posted a video on Friday addressed to Tesla CEO Elon Musk. In the video, they called Musk “nothing more than another narcissistic rich dude who is desperate for attention” and accused him of “destroying crypto holders’ lives” and attempting to…