Category : Blockchain

Blockchain

The Crypto Market Accumulates BTC, But Lacks Catalyst for Explosive Rise. Top DeFi Losers

As of this writing, BTC remains almost 39% off its November peak, and we have not seen any catalysts for growth to propel it to new all-time high. Cryptocurrency markets generally had a tough time as appetite for risk assets declined, amidst high i...

Hungarian Central Bank Governor Advocates EU Wide Crypto Ban

The Governor of the Hungarian Central Bank, György Matolcsy, recommended that all cryptocurrency-focused activities including trading and mining should be banned across the European Union. In a release on the Magyar Nemzeti Bank's (MNB) website, G...

Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?

Over the weekend, the crypto market was in the red, with Ethereum (ETH) dropping below the psychological price of $3,000. The second-largest cryptocurrency based on market capitalization was down by 2.14% in the last 24 hours to hit $2,866 during i...

Netflix to Release Documentary on 2016 Bitfinex Hack

American subscription streaming service and production company, Netflix Inc has it is going to release a documentary about the 2016 Bitfinex hack - a financial crime that can earn the tag as one of the biggest financial thefts in history. In the d...

Top 3 Coins to Watch this Week: BTC, AVAX and MATIC

The digital currency ecosystem experienced mixed volatility that was characterized by an equal dose of bullish and bearish trends last week. While the growth seen earlier on in the market the combined market capitalization above the $2 trillion be...

Ethereum Adoption Continues to Scale Heights

More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs. Market insight provider IntoTheBlock : “Ethereum adoption is not only about big players. The number of addresses holding...

NBA's LeBron James Becomes Face of Crypto.com

To get more limelight during the annual playoff championship game of the National Football League (NFL) called the Super Bowl, Crypto.com the NBA's four-time most valuable player (MVP) LeBron James as its new catalyst for mainstream adoption. LeB...

S. Korea Presidential Campaigns Support Crypto as Young Crypto Investors sees Growth

South Korea’s presidential campaigns have all cryptocurrencies as there is a growing number of young crypto investors in the country. There are more than 5 million individual crypto accounts across the country’s top three crypto exchanges, Edward...

S. Korea Presidential Campaigns Support Crypto as Young Investors see Growth

BlockFi to Pay $100M in Settlement to US SEC

BlockFi, an American crypto lending platform, reportedly agreed to a settlement deal with the United States Securities and Exchange Commission (SEC). The settlement as by Bloomberg citing people familiar with the ongoing negotiations will see the...

YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users

YouTube sees non-fungible tokens (NFTs) as stepping stones towards a stronger connection between creators and viewers, to Chief Product Officer Neal Mohan. Through YouTube’s official blog, Mohan delves deeper into this year’s new features, tools,...

Bitcoin Continues Trading above 50-Day MA, Indicating Bullish Sign

Bitcoin () remains above the 50-day moving average (MA), despite shedding off some value in the last 24 hours. The leading cryptocurrency was down 1.64% to hit $43,435 during intraday trading, according to CoinMarketCap. Market analyst Lark Davis...

Indian FM says Crypto Taxation is "Sovereign Right"

India's Finance Minister Nirmala Sitharaman came out guns blazing to clarify that cryptocurrency is a "sovereign right" and "corrective action". Sitharaman clearly noted that while the "profit emanating from transactions associated to cryptocurren...

Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics

At the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded Visa, according to a Wall Street Journal on Wednesday. At the time of the Beijing Winter Olympics, the Olympic Villa...

Adult Content Platform Onlyfans Launches NFT Profile Picture Feature

Online adult content subscription platform OnlyFans has a feature for users to display verified NFTs as profile pictures, Reuters reported on Thursday. OnlyFans CEO Ami Gan told Reuters in an interview that: "Our mission is to empower creat...

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Cryptocurrency Exchange (PDAX) raised $50 million on Thursday, Feb 10, from a Series B round led by Tiger Global management. Founded in 2018, PDAX is a that enables trading and settlement against the Philippine Peso. Philippine Digital...

Top Latin American Crypto Exchange Bitso Enters Colombia

Bitso, one of Latin America's largest cryptocurrency exchanges, said Thursday it will enter the Colombian market, hiring former Mastercard executive Emilio Pardo as its new country manager. As the new country manager in Colombia, Pardo will be resp...

FlamingoDAO NFT Portfolio Valuation Touches $1B

FlamingoDAO’s non-fungible token (NFT) portfolio is now worth an estimated $1 billion, members and reports from Forbes confirmed. FlamingoDAO now has a collection of 215 CryptoPunks, 22 Bored Apes, 246 Chromie Squiggles, 371 Cryptoblots, five Auto...

Canadian Lawmaker Introduces Bill, Seeking to Aid Crypto Industry's Growth

Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill that seeks to provide leeway for and their ecosystem to thrive in the country. to Bill C-249, cited as the Encouraging the Growth of the Cryptoasset Sector...

Samsung Launches New Phone, Featuring Crypto Wallet Equipment

Samsung is its growing interest in the crypto space with the release of its new flagship phone Galaxy S22 Ultra. The South Korean electronics company announced that the S22 Ultra is equipped with a crypto wallet and users would also be able to sto...

Binance Invests $200M in Forbes ahead of SPAC IPO

Binance cryptocurrency exchange, the largest in terms of trading volume worldwide, is investing as much as $200 million in Forbes, through a new venture that will see the media unicorn go public in a merger with Special Purpose Acquisition Company (...

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