Moonpay, a fintech company that is well known for building payments infrastructure for crypto, is reportedly having high expectations to reach a valuation of $3.4 billion after completing its first round of venture capital funding. The VC funding is being led by both Coatue Management and Tiger Global Management and will see them put funds […]
THORSwap Cross-chain decentralized exchange (DEX) THORSwap looks to be making its way to recovery after the THORChain network was shut down barely three months after its memorable launch. The Cosmos-powered network is looking to accept decentralized trades and transactions, carried out across different blockchain networks such as Ethereum (ETH) and Bitcoin (BTC). According to a […]
Facebook whistleblower Frances Haugen has said that she is more than willing to speak to Facebook’s independent Oversight Board anytime she’s called upon. Expressing herself in a series of daring tweets on Monday, Haugen insisted that Facebook has been repeatedly dishonest to the board, and now she is looking forward to being able to share […]
Lawmakers of South Korean opposition party, the People Power Party have lined up a fresh challenge to the proposed crypto tax law. If the reports by The Korea Herald are anything to go by, then the opposition lawmakers are presently clamoring for a one-year extension before crypto taxation begins in the country. According to a […]
A nonfungible token (NFT) trophy has been awarded to grandmaster Magnus Carlsen for winning the Meltwater Champions Chess Tour (MCCT). Although this is the very first time in the rich history of chess, that such an award is being given out, but according to the international chess tournament, MCCT’s main aim for minting a number […]
Bitcoin (BTC) is definitely on top form, and that’s quite in the literal sense as it heads into a new week, just about 15% below its all-time highs. It’s no news that analysts are expecting a very strong Q4 finale, owing to a number of indicating factors that have led analysts to confidently compare to […]
U.S. Senator Ted Cruz has shared his belief that the United States should rather be mining Bitcoin using natural gas instead of burning it. Senator Ted Cruz shared his opinion while speaking at Texas Blockchain Summit on October 8. Cruz insisted that Bitcoin mining can be an avenue to make money from energy produced through […]
The Bitcoin network has been experiencing quite the surge in recent weeks, and for the first time ever, the daily settlement value on the network reached a whopping $31 billion on October 6. That’s certainly an all-time high for values stored on the network in a single day. October 6 saw $31 billion worth of […]
Following the increase in Bitcoin’s value, global hashrate has also been on a steady rise, going even higher, week in and week out. As at Sunday, the hashrate for the Bitcoin network is circling just above the 155 exahash (EH/s) handle, and with that, Bitcoin’s price may have just given some mining rigs new life. […]
Republic is offering musical artistes and music fans the opportunity of benefiting from the creation, production, streaming, and licensing of music. The financial services company will achieve this, through its blockchain platform Opulous. According to Republic, listeners can invest $100 in what it calls Security NFTs (S-NFTs). These S-NFTs differ from other common NFT offerings […]
Venture capital (VC) firm, Divergence Ventures has been accused of “insider trading” after an analyst made 702 ETH on an airdrop from Ribbon Finance. Whereas, Divergence Ventures happens to be a backer in the DeFi project. Divergence Ventures Analyst Exposed for Farming Airdrop The firm is presently at the center of a major scandal, after […]
Multiple sources inside the White House are claiming that the Joe Biden led administration is proposing an executive order with regards to cryptocurrencies. According to Bloomberg, the draft proposal is still being considered, yet to be passed, and neither has it been officially confirmed. The draft for an executive order regarding crypto, is reportedly being […]
Buterin took to a Reddit thread to give his thoughts. Ethereum founder Vitalik Buterin has taken to Reddit to hit out at El Salvador over the country’s adoption of Bitcoin as a legal tender. In what is arguably one of the largest crypto adoption milestones to date, Buterin is all but impressed with the move. […]
While the fully electric Mercedes-Benz EQS is already a load of luxury and tech features, its range is not to be toyed with at all. At least, if the estimations of the Environmental Protection Agency (EPA) with regards to its range is anything to go by, then the Mercedes-Benz EQS is bringing the heat to […]
Google has partnered with popular digital asset marketplace, Bakkt in a bid to increase the latter’s cryptocurrency payment options. In the ever growing quest of Bakkt in looking for ways to expand its users’ options for the use of cryptocurrency, it has entered into another partnership yet again, and this time, it’s with Google Cloud. […]
Powercrypto Holdings, an arm of the blockchain software provider Powerbridge Technologies, has announced the launch of an eco-friendly cryptocurrency mining initiative for Bitcoin (BTC) and Ethereum (ETH) in Hong Kong. According to reports, the company hopes to use about 2,600 first-grade mining rigs in total, which would be comprising of 600 BTC mining machines operating […]
The central bank of Georgia is ready to take its own digital currency project a step further than most. While the monetary authority is getting set to launch its CBDC as early as next year, it also plans to use the blockchain-based version of the national fiat, the Georgian lari, in retails. Georgia to Introduce […]
Bitkraft VC has launched a $75 million token fund which it will use for investing in digital entertainment and blockchain gaming. According to the E-sports investment platform, the fund will be used to financially boost business start-ups in their early stages. Apart from that, the token fund will also be used in investing in nonfungible […]
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