Dapper Labs Partners With Chainalysis Dapper Labs, one of the foremost companies in the NFT industry, has partnered with blockchain intelligence company, Chainalysis, to improve its security in the NFT business. The NFT-based firm will be using the insights of Chainalysis to have a clearer understanding of each and every one of its users’ transactions. […]
The Geneva International Motor Show that was initially planned to hold in February 2022, will no longer take place. In all honesty, the canceling of the show is not exactly surprising, seeing as the COVID pandemic is still not totally under control. Moreover, there’s also the problem of global chip shortage presently facing the auto […]
Bitcoin market cap Bitcoin (BTC) took a downturn from $54,000 on Thursday, Oct. 7 as traders eagerly waited to see how much of a retracement of Wednesday’s $5,000 gains would go. Information from TradingView showed BTC/USD looking intentionally less confident Thursday, down 3% and approaching $53,000 — and its $1-trillion market capitalization — before finally […]
Russia is presently aiming to limit all transactions to crypto exchanges in a bid to prevent unskilled crypto purchases. According to local news Interfax, chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov has said that Russia must adopt new laws that will enable it to protect retail investors from losing their […]
Rocket Pool is delaying the initial plans to launch following a rival identifying a vulnerability in its code. Both the Eth2 staking service alongside another staking provider Lido, have been found vulnerable to the bug thats causing the delay. Rocket Pool delays launch after vulnerability is discovered by rival Eth2 staking provider Rocket Pool has […]
MakerDAO co-founder, Rune Christensen has shared his beliefs that the protocol could be the needed vehicle to address climate change. He shared this in a lengthy post submitted to the MakerDAO governance forum on October 5. MakerDAO co-founder plans to address climate change and pivot back to ETH According to MakerDAO co-founder Rune Christensen, he […]
Riot Blockchain, a U.S based public mining firm has revealed that its Bitcoin production has more than tripled compared to 2020. According to an official announcement on Wednesday, Riot has already mined 2,457 BTC (nearly $135 million) in the year-to-date — a 246% increase in comparison to what it was at this time last year. […]
Some US bureaucrats are suggesting the minting of a Trillion-Dollar platinum coin in order to magically boost the treasury with cash. This comes in an effort to help the situation, as U.S continue facing a serious debt crisis and the debt ceiling putting the country on the brink of default. But while many questions are […]
US Senator Warren has introduced a bill that will examine the role of crypto in ransomware. The Ransom Disclosure Act bill, looks to help the Department of Homeland Security gather important data on ransom payments in cryptocurrency and fiat. Seeing as the adoption of cryptocurrency continues to gain momentum in the United States, lawmakers want […]
CoinSwitch Kuber has become the biggest crypto company in India as its valuation reaches a whopping $1.9 billion. But according to an October 6 official announcement, its dominance is coming from raising $260 million in a Series C funding round. The funding round was led by Andreessen Horowitz and the venture capital arm of Coinbase, […]
The Central Bank of Uruguay has issued a statement regarding the path it would tow in the regulation of cryptocurrency assets in the near future. According to the financial institution, it has already put up a team that will decide on the best course of action in regulating these assets. And this will be done, […]
Series 2 MLB NFT Collection Topps, the American collectibles giant that also produces Bazooka chewing gum and candy has announced the launch of the second series 2021 Topps Baseball NFT collection. That is the latest non-fungible token product from Topps following the first series of 2021 dubbed “Inception.” According to the company, this launch is […]
MetaMask has entered into a partnership with 3 crypto-based custodians as part of a bigger plan to bring in more institutional capital, to the digital asset market. On Tuesday, the Decentralized finance (DeFi) wallet and browser extension announced its partnership with BitGo, Cactus Custody, and Qredo. And from the look of things, this collaboration is […]
Crypto-based payroll and invoicing company, Bitwage has raised $1.5 million within 55 hours of its latest round of funding. Bitwage’s aim is to use the funds raised, to improve its functionalities, seeing as it now has competition in Coinbase. The funding round saw participation from Max Keiser’s Heisenberg Capital and Draper Associates, making use of […]
Bitcoin (BTC) has beat stocks and other commodities, to become the best performing asset of 2021, as per official data. We are barely 5 days in October, and BTC already sees 15% gains, this clearly outperforming worldwide macro assets. Ultimately, this means that Bitcoin has seen a year-to-date return of just below 50% BTC Hodlers […]
Volvo, Swedish automotive manufacturer of luxury vehicles has said it would be producing only electric vehicles (EVs) by year 2030. Announcing its plan for an initial public offering, the Swedish automaker is hoping to raise more funds to accelerate its transition to an EV-only producing company. This announcement comes after last week’s reports that Polestar […]
Facebook Experience Worldwide Outage Facebook, WhatsApp, and Instagram are all down, in what appears to be too much of a coincidence, and users of the social media platforms are beginning to ask questions. The outage occurred at about 11:41 am ET, around the same time that Facebook’s Antigone Davis was live on CNBC defending the […]
Just like in Bitcoin, the price of gold has also seen an increase in percentage amid fears over US debt. Following a week of uncertainty, that saw the U.S. dollar yield and that of the 10-year Treasury nosedive this past week, gold is now up 1.32%. Gold’s Spike Linked to US Debt Fears and other […]
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