Cryptocoins News / The Cointelegraph - 2 years ago
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.This week has been full of funding raises, innovations, service deployments and a bit of volatile technical price action — for a change.Axelar Network attains $1B valua...
Cryptocoins News / The Cointelegraph - 2 years ago
Nonfungible tokens (NFTs) have been largely acquired as proof-of-profile pictures (PFPs) that represent a brand, embody culture or ultimately, reflect as a static status symbol. Blue-chip NFTs like the Bored Ape Yacht Club or Cool Cats were not orig...
Cryptocoins News / The Cointelegraph - 2 years ago
Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own b...
Cryptocoins News / The Cointelegraph - 2 years ago
The Federal Open Market Committee, or FOMC, has approved rules that would ban senior officials at the Federal Reserve from purchasing and holding cryptocurrencies and other investments.In a Friday announcement, the FOMC said that starting on May 1, s...
Cryptocoins News / The Cointelegraph - 2 years ago
Upon the announcement that Francis Suarez, mayor of the city of Miami, took a $5.25 million disbursement from the MiamiCoin wallet, Cointelegraph inquired about how the city will use these funds.
Mayor Suarez pointed to the affordable "housing crisis...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) sold off along with the U.S. equity markets on Feb. 17 on reports that Russia expelled Bart Gorman, the second highest-ranking American official from the U.S. Embassy in Moscow and U.S. President Joe Biden cautioned that the threat of a...
Cryptocoins News / The Cointelegraph - 2 years ago
“DAOs, in a way, they are are a very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system,” said Silke Noa, core member of AssangeDAO, which recently raised $53 million in support of WikiLea...
Cryptocoins News / The Cointelegraph - 2 years ago
Four members of the Wyoming Legislature have sponsored a bill that would allow the state treasurer to issue a stablecoin.On Thursday, Wyoming state Senators Chris Rothfuss and Tara Nethercott with House Representatives Jared Olsen and Mike Yin introd...
Cryptocoins News / The Cointelegraph - 2 years ago
Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000...
Cryptocoins News / The Cointelegraph - 2 years ago
In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ($450 million) into the Anchor protocol's reserves...
Cryptocoins News / The Cointelegraph - 2 years ago
Recent research shows that decentralized exchanges that distribute tokens via airdrops see a big boost in user numbers and transactions. But, is building communities this way just crypto’s version of printing money?Airdrops — the disbursal of free to...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin falls to two-week lowsData from Cointelegraph Markets Pro and TradingView showe...
Cryptocoins News / The Cointelegraph - 2 years ago
On Feb. 9, the United States Bureau of Labor Statistics reported that the Consumer Price Index, a key measure capturing the change in how much Americans pay for goods and services, has increased by 7.5% compared to the same time last year, marking th...
Cryptocoins News / The Cointelegraph - 2 years ago
Ripple (XRP) addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the XRP/USD and XRP/BTC pairs in late 2020.The return of XRP 'mega whales'...
Cryptocoins News / The Cointelegraph - 2 years ago
Global cryptocurrency enthusiasts have expressed concerns over Canadian authorities freezing bank accounts and crypto wallets involved in funding local COVID-19 protests.On Thursday, Ontario Superior Court Justice Calum MacLeod issued an order freezi...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) continued its decline further into the week as BTC clung to the $40,000 support level on Feb. 18. BTC price up-down debate “mostly noise” While many analysts anticipated BTC’s price to fall toward $30,000 next, mostly based on technical...
Cryptocoins News / The Cointelegraph - 2 years ago
The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal. Russia’s finance ministry on Thursday filed two development n...
Cryptocoins News / The Cointelegraph - 2 years ago
KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predicting that decentralized finance (DeFi) will still be a significant trend in the crypto industry in 2022 and governance will be run through d...
Cryptocoins News / The Cointelegraph - 2 years ago
After eradicating crypto trading and mining in the country, the Chinese government’s next concern lies with the growing number of scams around metaverse projects.The Chinese Banking and Insurance Regulatory Commission issued a risk warning for the pu...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next?Whether long or short-term, the answer for many is simple: The range is still intact.Bitcoin wobbles after “moment of truth”...
Cryptocoins News / The Cointelegraph - 2 years ago
Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia.Binance announced Thursday its entry into the Association o...
Cryptocoins News / The Cointelegraph - 2 years ago
United States banking giant JPMorgan Chase has unveiled research on a quantum key distribution (QKD) blockchain network that is resistant to quantum computing attacks.QKD utilizes quantum mechanics and cryptography to enable two parties to exchange s...
Cryptocoins News / The Cointelegraph - 2 years ago
Dan Morehead, CEO and founder of leading blockchain venture fund Pantera Capital, stated that digital assets will be the “best place” to store capital following the potential fallout of interest rate hikes from the United States Federal Reserve. Inve...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows.On-chain analysis tool CoinWarz indicated on Friday that mining difficulty reached a new high of 27.97 trillion hashes. This is now...
Cryptocoins News / The Cointelegraph - 2 years ago
NFT developer Dapper Labs launched the UFC Strike nonfungible token (NFT) marketplace on Feb. 18, contributing to a 50% increase in NFT sales on the Flow blockchain over the last 24 hours.Dapper Labs is the company behind NBA Top Shot, CryptoKitties,...