Bitcoin’s decentralization as popularly advocated by the coin’s proponents is now in check going by the revelation in a new research study. According to a report from the Wall Street Journal, citing a recent study conducted by The National Bureau of Economic Research, an American private nonprofit research organization, which shows that about 10,000 Bitcoin […]
Cryptocurrency funds manager, Bitwise Assets Management has launched the Bitwise Blue-Chip NFT Index Fund, an avenue for accredited investors from the United States to gain exposure to iconic Non-Fungible Tokens in the space. As detailed on the company’s dedicated page for the new offering, the index constituent is composed of 10 unique NFT collections, tagged […]
Vocal Bitcoin (BTC) investor, Peter McCormack has announced he has agreed to take over local football club Bedford FC from current Chairman Lui. Taking to Twitter to talk about the deal and the future ambitions of the club, McCormack said his desire is to push the outfit to the Premier through a thought-out process that […]
German apparel brand Adidas is launching its NFT collection tomorrow, further stretching its deep move to become a key part of the ongoing Non-Fungible Token revolution. For a number of “security protocols,” Adidas did not disclose what the NFTs in the collection dubbed Into the Metaverse will look like, however, the company said its Originals […]
Blockchain indexing startup, The Graph Foundation has awarded a $48 million grant to GraphQL core developer, The Guild who will help in developing SubGraphs for the broader The Graph ecosystem. The Graph is a blockchain systems indexing protocol that is essential in pulling web3.0 blockchain data, making them securely accessible to developers and users via […]
Polish crypto payment infrastructure service provider Ramp Network has raised $52.7 million in Series A funding, topping the initial funding projection of $30 million. The funding round was led by Balderton Capital and included existing investors NFX, Galaxy Digital, Seedcamp, and Firstminute Capital, as well as angels Taavet Hinrikus from Wise and TrueLayer’s Francesco Simoneschi. […]
Banking institutions specialized in providing savings accounts in German-speaking countries collectively known as Sparkasse are reportedly mulling the idea of floating Bitcoin (BTC) and Ethereum (ETH) related services in 2022. According to local magazine Capital, the savings banks are working on launching a dedicated in-house digital currency wallet and trading platform as part of the […]
One of the most Non-Fungible Tokens (NFT) in the Bored Ape Yacht Club (BAYC) collection has just been bought for 0.75 ETH (worth $3,066 at the time of purchase) instead of the 75 ETH ($300,000) that it was originally worth. As reported by CNET, the owner of the Bore Ape NFT, named Max accidentally listed […]
The Switzerland arm of Spanish multinational financial institution BBVA has announced it has added Ethereum (ETH) to its cryptocurrency trading services, creating a diverse offering for its private banking clients. As the bank announced, the addition of Ethereum trading and custody services by its Swiss franchise completes the pioneering offer for the digital currency trading […]
Creative Non-Fungible Token art studio, Palm NFT Studio has announced the successful raise of $27 million in a Series B funding round from investors led by Microsoft’s venture capital arm, M12. As announced by the company, the funding also enjoined participation from Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, the LAO, Warner Bros., […]
Ava Labs, the tech startup in charge of the Avalanche blockchain protocol has reportedly joined the Start Path Crypto program launched by financial payments giant, Mastercard. The blockchain startup will join other previously onboarded tech innovators in the program to advance the development of enterprise blockchain applications. Judging by the technological superiority of Avalanche in […]
Veterans from crypto-related firms including CEOs and executives were present on Capitol Hill to testify before the House Financial Services Committee with respect to the need to regulate the digital currency ecosystem. The crypto executives advocated for the introduction of clear regulations that can fuel the growth of the industry they represent which is approaching […]
Chiron Partners, a venture capital firm operating out of Hong Kong has launched a $50 million fund dubbed the Chiron Terra Fund I (CTI) and will help in bolstering the growth in the Terra ecosystem. According to the firm’s announcement, the funds will specifically target projects at the intersection of decentralized finance (DeFi) and “metaverse-linked” […]
Australian digital currency trading exchange, MyCryptoWallet has probably gone under after a number of the platform’s customers complained of being unable to access their funds. As reported by local news channels, the exchange is battling allegations of missing funds, with hundreds of thousands of dollars in crypto assets owed to users of the platform. The […]
Eric Schmidt, a business and tech veteran known to serve as the Chief Executive Officer of Google has joined Chainlink Labs as a strategic advisor. According to a press release shared by Chainlink, Eric’s role will be centered on helping the oracle startup to reach a more global and mainstream audience through the futuristic solution […]
The Bitcoin ecosystem has grown remarkably over the past year, and Grayscale has put some numbers to this growth through a recently conducted survey. According to a survey of 1000 Americans conducted by the digital currency asset manager, the number of Americans who own Bitcoin has increased to 26% in 2021 from 23% in 2020. […]
Against the broad call to regulate crypto as an asset class, Indian Lawmaker Nishikant Dubey has called on the government to ban digital currencies, stating that the supposed financial revolution is based on darknet technology. As reported by local news channels, MP Dubey raised the issue during the Zero Hour in the Lok Sabha and […]
Amidst a growing clamor amongst various monetary watchdogs on the creation of a Central Bank Digital Currency (CBDC), the United States Treasury Secretary, Janet Yellen said she has not formed any opinion on whether the US should develop a Digital Dollar yet. Speaking during a Reuters Next conference interview, Yellen noted that a potential move […]
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