Browsing Category
News
4175 posts
Binance CEO: Bitcoin May Take a Couple of Years to Reclaim All-Time High
The CEO of the worldâs largest crypto exchange Binance has shared some rather bearish sentiments for the short-term for bitcoin. The digital asset which had touched $69,000 in November last…
Crypto Exchange Uphold Discontinues Service in Venezuela Due to US Sanctions
Uphold, a New York-headquartered cryptocurrency exchange and stock trading platform, has announced that it will no longer serve customers registered in Venezuela. The company, which has already had problems with…
Binance CEO Changpeng Zhao: “Bailouts donât make sense. Donât perpetuate bad companies”
Binance CEO Changpeng âCZâ Zhao said bad projects should be allowed to fail and Binance has no intention of offering âbailoutsâ to such projects. He believes some projects or companies are bad,…
CryptoPunks Trading Volume Spiked Over 957% Hours Before Noah Davis Joined
NFT guru Noah Davis announced that he was leaving Christie’s, where he helped organize Beeple’s record-setting $69.3 million Everydays sale, to head NFT collection CryptoPunks, which was bought by Bored…
China’s Stern Warning on Crypto: Bitcoin “will return to its original value, which is utterly worthless”
A Chinese Communist Party (CCP) newspaper has warned investors should be prepared for the bitcoin price to hit zero. Bitcoin and cryptocurrencies have been rocked by a huge $2 trillion crash…
Crypto Exchange FTX May Consider Buying Stake in BlockFi
Crypto exchange FTX is reportedly in talks to acquire a stake in BlockFi after the company issued a $250 million credit to the lending firm. FTX is currently in discussions…
Elvis On Chain: King of Rock and Roll Elvis Presley Enters Metaverse
The King of Rock and Roll Elvis Presley is entering the metaverse. The Elvis On Chain metaverse will allow fans to experience different Presley’s avatar. Elvis Genesis Key NFTs will…
Blockchain’s Decentralization is Questionable, Report
For a blockchain to be optimally distributed, the report said, there must be a so-called Sybil cost. There is currently no known way to implement Sybil costs in a permissionless…
Japanese Virtual IP Firm Raises $10M to Develop Its Metaverse Business
A Japan-based virtual IP business, Brave Group Inc., recently said it had raised $10 million in new funding, thus bringing the total raised so far to $18 million. The company…
Flowdesk Secures $30M in Series A Funding to Expand Trading and Market-Making Services
French crypto financial services firm Flowdesk raised $30 million in a Series A funding round that was backed by crypto exchange Coinbase, crypto wallet firm Ledger, French investment company Eurazeo,…
âBitcoin goes down, the next day the Dow Jones goes down,” Says Investor Mark Mobius
Billionaire fund manager and founder of Mobius Capital â Mark Mobius â represented cryptocurrencies as a âmeasure of investor sentiment.â He classified bitcoin as a leading indicator that shows how…
Goldman Sachs Raising $2Bn Funds to Buy Celsius Assets: Sources
Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, according to two people familiar with the matter. Goldman Sachs…
Screw Web3: my decentralized internet doesnât need blockchain: Web inventor, Tim Berners-Lee
Web inventor Tim Berners-Lee wants to rescue his creation from centralization. Berners-Lee want to build it on a platform he calls Solid – but you can call it Web 3.0.…
Cardenas Markets to Install Crypto ATMs at Its Grocery Stores Across 3 US States
Coin Cloud, a provider of Bitcoin ATMs and Digital Currency Machines, has teamed with Cardenas Markets – the largest Hispanic supermarket chain in the United States –Â to offer its…
Crypto Derivatives Platform DYdX Is Developing Its Own Blockchain
Decentralized Exchange DYdX based on Ethereum layer-2 blockchains is developing its own blockchain. The new product from dYdX plans to be based on Cosmos, using Tendermintâs proof-of-stake consensus protocol to…
British Ex-Chancellor Urges UK Authorities to Embrace Crypto Universe
Philip Hammond – a British politician who served as Chancellor of the Exchequer from 2016 to 2019 – urged the United Kingdom’s authorities to open their arms to the digital…
