Crypto NEWS

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The Ethereum Foundation has posted an official Istanbul hard fork guide that describes how to activate the update and technical requirements. At the same time, the amount of daily rewards to miners sharply decreased in the Ethereum network - from 13,500 ETH to 12,500 ETH, as well as increased block production time and hashrate, which may indicate the activation of a complexity bomb.

Canaan Creative launched a dynamic bitcoin ad on the skyscrapers of Hangzhou along the Fuchunjiang River in honor of its US IPO.

The investigation ended in the case of a miner, whose cryptocurrency farm burned 53 million rubles worth of property in a residential building in the coastal city of Artem. Now he is awaiting trial.

PayPal CEO Dan Shulman explained his company’s exit from the Libra Association with the regulatory uncertainty of the project. In addition, changes in the PayPal roadmap, which required participation in Libra, became an obstacle to cooperation.

Chinese mining equipment manufacturer Canaan Creative has launched an IPO in the United States and has already raised $ 90 million. Today, the shares appeared on the NASDAQ exchange under the ticker CAN.

Venezuelan President Nicolas Maduro, speaking on television, promised to provide the national cryptocurrency El Petro with another 30 million barrels of oil from the state storage.

In China, a committee has been created under the Standardization Administration (SAC), which will unify the blockchain and fintech industries in the country in order to increase the effectiveness of the development of innovative technologies.

The authorities of the city of Shenzhen in China decided to tighten the fight against cryptocurrency trading and market manipulations under the Pump & Dump scheme.