Cryptocoins News / The Cointelegraph - 2 years ago
Okay Bears, a Solana (SOL)-powered nonfungible token (NFT), managed to top OpenSea’s 24-hour sales tracker for the first time earlier on Thursday, beating out all other Ethereum (ETH) projects on offer. It’s the first time a Solana NFT project has re...
Cryptocoins News / The Cointelegraph - 2 years ago
The Ronin Network and Sky Mavis have vowed to upgrade their smart contracts, offer lucrative bug bounties and ramp up security following the $600 million hack late last month. As Cointelegraph previously reported, the Ethereum sidechain developed for...
Cryptocoins News / The Cointelegraph - 2 years ago
BlackRock has officially launched a blockchain-focused exchange-traded fund (ETF) that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets. On Wednesday, the world’s largest asset mana...
Cryptocoins News / The Cointelegraph - 2 years ago
New York City Mayor Eric Adams has hit out at his state’s BitLicensing regime, claiming that it stifles innovation and economic growth.In a closing keynote interview at the Crypto and Digital Assets Summit in London on Wednesday, Adams suggested his...
Cryptocoins News / The Cointelegraph - 2 years ago
The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a recently released discussion paper about its retail central bank digital currency, e-HKD.
Many in the crypto industry believe that interest...
Cryptocoins News / The Cointelegraph - 2 years ago
Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its luxury abodes. DAMAC Properties was founded by colorful billionaire Hussain Sajwani in 2002, and the firm has...
Cryptocoins News / The Cointelegraph - 2 years ago
Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he played a pivotal role in the creation of privacy token Zcash (ZEC).A video from Zcash Media featured an interview with Snowden where he outlined his inv...
Cryptocoins News / The Cointelegraph - 2 years ago
Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses.The Reality Labs division — formerly known as Facebook’s Oculus division — has b...
Cryptocoins News / The Cointelegraph - 2 years ago
You’ll never have an excuse to miss another governance vote if the decentralized autonomous organization (DAO) calls or texts to badger you to vote. The Notifi Network is banking on this concept to help improve the abysmal participation rates in gove...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto community headed to Nassau in the Bahamas this week for the inaugural Crypto Bahamas conference. Like most conferences, panels fill up the agenda and on Wednesday the topics at Crypto Bahamas ranged from NFTs to crypto in sports and to ass...
Cryptocoins News / The Cointelegraph - 2 years ago
This week, the crypto community headed to Nassau in the Bahamas for the inaugural Crypto Bahamas conference. Like most conferences, panels fill up the agenda and on Wednesday the topics at Crypto Bahamas ranged from nonfungible tokens (NFTs) to crypt...
Cryptocoins News / The Cointelegraph - 2 years ago
Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees.According to a Wednesday report from TechCrunch, the payments firm...
Cryptocoins News / The Cointelegraph - 2 years ago
The Philippines will pursue a wholesale central bank digital currency pilot project, to be called Project CBDCPh, Bangko Sentral ng Pilipinas governor Benjamin E. Diokno announced Wednesday. Diokno spoke about the project last week at a roundtable of...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses i...
Cryptocoins News / The Cointelegraph - 2 years ago
Michael Hsu, the acting head at the United States Office of the Comptroller of the Currency, said stablecoins need standards comparable to the early internet.In a written statement following his appearance at the Artificial Intelligence and the Econo...
Cryptocoins News / The Cointelegraph - 2 years ago
Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blo...
Cryptocoins News / The Cointelegraph - 2 years ago
Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed Tuesday.In an interview with Bloomberg,...
Cryptocoins News / The Cointelegraph - 2 years ago
Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billio...
Cryptocoins News / The Cointelegraph - 2 years ago
Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior rounds of $100 million in October 2018 and $200 milli...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC faces off with the support zone to holdData from Cointel...
Cryptocoins News / The Cointelegraph - 2 years ago
The roughly five million residents of the Central African Republic, or CAR, will now reportedly be able to use Bitcoin in addition to the country's franc as legal tender. According to a Wednesday report from news outlet Agence France-Presse, Central...
Cryptocoins News / The Cointelegraph - 2 years ago
The first quarter of 2022 saw unprecedented growth in terms of venture capital activity in different blockchain sectors. In 2021, venture capitalists poured in over $30 billion into infrastructure, nonfungible tokens (NFTs), decentralized finance (De...
Cryptocoins News / The Cointelegraph - 2 years ago
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.The impe...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and United States dollar.In his latest blog post published o April 27, Arthur Hayes, former CEO of crypto derivatives g...