Fintech company and Investment adviser, Defiance has officially announced its launching of the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. The Thursday announcement also confirms the ETF to be listed under the ticker NFTZ, with a yearly management fee of 0.65%. Interestingly however, unlike the Bitcoin ETFs which […]
The founder of the defunct Silk Road marketplace, Ross Ulbricht has now announced in a Medium post, his plans to auction an NFT line. According to Ulbricht, the NFTs will highlight several important points in his life, including the lows of prison time. Auction Will Run From 2nd To 8th December — Ross Ulbricht According […]
Algorand may have just entered into a partnership with French environmental technology firm PlanetWatch, as Miami looks set to become one of the first major cities in the United States to start monitoring its air quality. Algorand and PlanetWatch to deploy air quality sensors all over the city of Miami Having received funding from the […]
In May, China placed a ban on Bitcoin mining, in a move that meant that mining firms would have to either close up shop or look elsewhere. And as crypto miners went in search of crypto-friendly locations, Kazakhstan was one of the welcoming places. In fact at a point, the government did say mining activities will […]
NFT game Guild of Guardians (GOG) has raised no less than $5.3 million from the sales of its native token (GEMS), which took place on Coinlist on November 30. The public token sale saw about 808,000 users registering, with over 10,700 from more than 100 countries, becoming new GEM holders. While there were many participants […]
In what seemed like a daring move on Tuesday, the U.S-based digital asset exchange Kraken has issued a bold statement that it will begin supporting the meme coin Shiba Inu (SHIB), on its platform immediately. Kraken Announces SHIB Listing, As Coin Surges Massively In the announcement, Kraken reveals the limits that will be involved in […]
CoinDCX, one of the largest crypto exchange in India, has revealed that it is in no hurry for a public listing, especially with so much unpredictability overshadowing the country’s regulatory environment at the time. CoinDCX pursuing an IPO depends on government regulation CoinDCX has announced that it is not planning to go ahead with an […]
Following news that the newly-discovered Covid-19 variant might be ‘mild’, Bitcoin alongside Ethereum, and the U.S. stock have picked up from their recent heavy losses on November 26. According to data from Coinmarketcap, Bitcoin (BTC) and Ethereum (ETH) are up 4.84% and 5.21%, respectively, as the global crypto market capitalization is up 4.01% in the […]
Ever since last week when the World Health Organization WHO announced a new variant of Covid-19 tagged ‘Omicron’, major markets have been plunging into the deep. But not all markets. In an interesting twist, a cryptocurrency that bears the same name as the new strain of Covid-19 is seemingly booming. Omicron ($OMIC) Doing The Numbers […]
In its recent Threat Horizon Report, Google has revealed the latest strategy being employed by hackers. According to the publication, these hackers unlawfully gain access to cloud accounts in order to mine cryptocurrency. Google Publishes New Crypto Hacking Method According to the report, the actors hack vulnerable Cloud accounts, and mine crypto from within. The […]
Panther Protocol has raised no less than $22 million in its public sales that happened on Tuesday, according to reports by Blockworks. And as confirmed by the CEO of the firm, Oliver Gale says the sales closed in under 1 hour, 30 minutes. Panther Protocol Joins Other DeFi Protocols In The General Boom of 2021 […]
Spanish regulator CNMV has issued a fresh warning to football legend, Andrés Iniesta for his posts which seemed to be promoting crypto exchange Binance. Spanish Regulator Wary of Iniesta’s Binance Promo Andres Iniesta, was arguably one of the best midfielders in the world in his prime, playing for Barcelona and the Spanish national team during […]
Palau has collaborated with the digital payment network, Ripple as it seeks to develop its digital currency. While the primary aim of this collaboration is to develop a USD-backed digital currency to enhance its cross-border payments for the Pacific island nation, there may be more to the partnership than meets the eye. Palau Not Necessarily […]
Following weekend reports that El Salvador is planning to fund its Bitcoin City initiative with Bitcoin (BTC) bonds, El Salvador’s USD bonds has nosedived to 64.4 cents to the dollar on Monday, November 22. Although, data from Bloomberg may suggest that dollar bonds have been on a steady nosedive since they topped $1.10 in April […]
Citi Bank is on a hiring spree at present as it looks to be building a formidable crypto team. The bank is hoping to build out the team and work with other Citi Bank branches to identify and develop products and capabilities for digital assets. So in line with these hiring plans, the institution has […]
UK Regulator, the Financial Conduct Authority (FCA) has put forward a contract seeking for external consultants that will help to train staff on the terrorism financing and money laundering activities that is presently ravaging the crypto industry. The FCA is set to spend £500,000 ($670,000) on these consultants amid growing concerns about how criminals use […]
According to a study that was released earlier by Ernst & Young, traditional alternative investors may slowly be warming up to cryptocurrencies. The accounting firm’s report details that about 31% of hedge fund managers, 24% of alternative investors, and 13% of private equity managers have all said that they are planning to add crypto to […]
As reported by TheCoinrise, ConstitutionDAO launched less than two weeks ago, and ever since then, the decentralized autonomous organization (DAO) has experienced a good number of challenges. Quickly amassing more than 17,000 contributors and $45 million in funds in such a short period, the DAO saw its first major heartbreak when it failed to secure […]
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