Bitcoin News / Bitcoinist - 2 years ago
As the cryptocurrency market crashed, a Bored Ape themed restaurant Bored & Hungry has stopped taking cryptocurrency as payment. A restaurant called Bored & Hungry adopted the aesthetics of cryptocurrency trends, including adorning Bored Ape...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum energy consumption had been on the rise through 2021. Most of it had been triggered by the bull market which had brought renewed interest to the market. However, with the market now finally headed into the dreaded bear trend, the interest in...
Bitcoin News / Bitcoinist - 2 years ago
A new report from Morgan Stanley has revealed that if Ethereum switches to a proof-of-stake (PoS) consensus as planned, it will do away with the need for miners, reducing the demand for graphics processing units (GPUs), and significantly lower energy...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency market has been facing a second bloodbath without any gap for the first time in history, disrupting the blockchain industry to a vast extent. Consequently, crypto-oriented businesses, including exchanges and payment channels, reduc...
Bitcoin News / Bitcoinist - 2 years ago
Per a Bloomberg report, crypto exchange FTX is currently looking into ways to purchase Robinhood (HOOD), the U.S. trading platform that offers its clients access to the stock and crypto market. The report quotes sources familiar with the initiative....
Bitcoin News / Bitcoinist - 2 years ago
Past trend of the Ethereum value captured per byte metric suggests that a 50% drawdown from here is still possible for ETH. Ethereum Value Captured Per Byte Currently Stands At $0.30, Double The Previous Bear Bottoms As per the latest data released b...
Bitcoin News / Bitcoinist - 2 years ago
The U.S. Securities and Exchange Commission (SEC) Chairman Gar Gensler hinted at what could be the future of Bitcoin and crypto regulation in this country. In an interview with CNBC’s Market Alert, Gensler once again spoke about the “volatile” and “s...
Bitcoin News / Bitcoinist - 2 years ago
The drawdown in the crypto market has seen new trends emerge in the market. With the recent crash, bitcoin has seen some first-of-its-kind movement. The implications for these are vast given that the digital asset’s future movements are being recorde...
Bitcoin News / Bitcoinist - 2 years ago
Multiple news outlets have reported that Three Arrows Capital is under intense pressure to meet a Monday deadline and return more than $670 million in loans or face default. The likelihood of the crypto-focused hedge fund missing the deadline set by...
Bitcoin News / Bitcoinist - 2 years ago
Ethereum lending platform XCarnival confirmed a bad actor stole $3.8 million or 3,087 ETH. According to a report from on-chain security firm Peck Shield, a hacker exploited a vulnerability on the protocol’s smart contract by borrowing ETH and creatin...
Bitcoin News / Bitcoinist - 2 years ago
Unizen now has all the incentive it needs to further the cause of centralized-decentralized finance, having secured a $200 million funding commitment from the alternative investment group Global Emerging Markets. Unlike traditional funding rounds tha...
Bitcoin News / Bitcoinist - 2 years ago
A leaked investor call from Tuesday discloses that Morgan Creek Digital is attempting to collect $250 million from investors to acquire a controlling interest in crypto lender BlockFi. Through participation in BlockFi’s D series fundraise, the...
Bitcoin News / Bitcoinist - 2 years ago
Traditional industries are currently facing an ultimatum—either embrace new technology or succumb to old methods. Since 2008, blockchain technology has been central to this conversation. According to recent estimates, corporations will spend nearly $...
Bitcoin News / Bitcoinist - 2 years ago
When Facebook rebranded to meta, many people started taking notice of the Metaverse and its potential impact. Despite working hard behind the scenes, the company has generated little buzz regarding these ventures. That doesn’t mean the concept...
Bitcoin News / Bitcoinist - 2 years ago
Harmony Protocol wants its money back. Seriously – and without any charges. Harmony has offered a $1 million bounty for anyone who can provide information that can lead to the retrieval of the stolen funds from the hack of its Horizon bridge. T...
Bitcoin News / Bitcoinist - 2 years ago
Recently, the market has remained sluggish, and the crypto bear has been a great challenge to both individual and institutional investors. Over the recent period, it has been reported that many big-name VC funds sold off the tokens of the projects th...
Bitcoin News / Bitcoinist - 2 years ago
Ever since Bitcoin came to be, cryptos have been on a steady rise. Even the market crash couldn’t let the air out of Bitcoin’s lungs, and as prices drop, interest in the space is still high. So what does this mean for gambling? Simply put...
Bitcoin News / Bitcoinist - 2 years ago
As the bears continue to reign the crypto markets, we caught up with Cosmin Mesenschi, the founder and CEO of FirstByte Media, a company that allows crypto brands to gain customers, which is becoming increasingly important as a lot of people are appr...
Bitcoin News / Bitcoinist - 2 years ago
Crypto lending platform BlockFi has recently announced that it will be increasing its deposit rates spread across spread across a wide range of cryptocurrencies. It also mentioned that it has decided to rescind permitting the policy of one free withd...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency exchange Binance is now launching flagship platform for VIP and Institutional users. This flagship platform is called “Binance Institutional”. This the crypto exchange’s way of upgrading its operations by improvi...
Bitcoin News / Bitcoinist - 2 years ago
Over the last week, Shiba Inu has seen an upwards push as the returns of the memecoin stand at 48%, while competitor Dogecoin only observes gains of about 26%. Shiba Inu Manages Double The Weekly Returns Of Dogecoin Since the market-wide crypto crash...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The National Hockey League (NHL) and the Sweet, a non-fungible token (NFT) platform announced a multi-year partnership deal on June 23. This will bring the NFT marketplace to the League. As per their statement, the NHL, NHLPA, and NHLAA officially de...
Bitcoin News / Bitcoinist - 2 years ago
This is the slightly negative part of Bitcoinists NFT NYC report. For an intro, and the positive side of the event click here. Since we will quote this CNBC report later on, let’s paint a picture of NFT NYC with their words. “Inside the Marriot...
Bitcoin News / Bitcoinist - 2 years ago
Sadly, the NFT NYC conference took place at the beginning of what looks like a crypto bear market. The industry was blowing up when the estimated 15.000 attendees bought the tickets, which ranged between $599 and $1999. When June 20th arrived, most o...
