Pavel Durov said that the TON blockchain, “picked up” by third-party developers after the American ban today it can be useful to…
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BTC and ETH Transfer Fees Decrease
As of August 22, the cost of the average transaction fee on the Bitcoin network was $0.825. The index fell below the…
Moscow exchange intends to create a product based on CFA
CIO and board member of the Moscow Exchange Andrey Burilov said that the exchange plans to launch a product based on digital…
USDT is 100% backed by fiat assets
After it became known yesterday about Tether’s new partnership with top 10 global auditors BDO International, the USDT issuer today reported on…
The largest Ethereum mining pool will not support PoW forks of the network
The largest Ethermine mining pool on the Ethereum network stated that none of the potential forks based on the Proof-of-Work (PoW). “After…
The ECB switches to the state digital currency CBDC
The European Central Bank (ECB) has said that the transition to a national digital currency will reduce risks to the financial systеm….
Stablecoins will become the backbone of financial services
Cryptocurrency exchange Coinbase believes that stablecoins backed by the US dollar and other fiat currencies will increase access to financial services and…
The US Federal Reserve issues new rules for crypto banks
The US Federal Reserve plans to expedite processing of applications from crypto banks for master accounts, as the current systеm is not…
What is KYC and AML?
KYC (Know Your Customer) — mandatory for financial institutions (banks, stock exchanges, bookmakers, etc.) procedure for identifying counterparties. Includes selection procedures (criteria…
What is Proof-of-Work and Proof-of-Stake?
Proof-of-Work and Proof-of-Stake are two of the most well-known consensus algorithms in cryptocurrencies. They offer proof-of-work mechanisms that differ in their structure….