Airdrops, DAOs, token issuance and public domains are the next frontier for NFTs
Innovation in the NFT space moves about as fast as the prices. Here’s a rundown of the most recent developments. Volatility continues to be the name of the game for…
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin. While Russia continues to enforce a ban on cryptocurrency…
IMF reiterates more oversight for crypto in latest report on financial stability
The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility. The…
Texas Democratic Party aims to use NFT sales for fundraising efforts
“We can’t wait to continue turning powerful, exclusive, behind-the-scenes moments into digital assets that help fuel progressive objectives,” said Front Row co-founder Parker Butterworth. Front Row, a marketplace geared toward…
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity
HIVE Blockchain is set to expand its data center campus in New Brunswick, Canada with 40 megawatts capacity. It is the first publicly-traded cryptocurrency miner, listing in Toronto on the…
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration…
Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain
Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased…
Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1,…
Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
ETH price is lagging behind BTC’s recent gains, but data signals that traders are confident in the altcoin breaking through $4,000 in the short-term. Ether (ETH) price is lagging Bitcoin’s…
Coinbase follows FTX and Binance in launching NFT marketplace
With 68 million verified users and 8.8 million monthly active users as of Q2 2021, Coinbase’s entry to the NFT industry could provide competition for established marketplaces like OpenSea. Major…
Bitcoin price is correcting, but what does futures data show?
BTC price rejected near $58,000, but derivatives data shows traders positioned neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021. Bitcoin had been underperforming against most altcoins ov…
Binance to launch $1B fund to develop BSC ecosystem
The announcement stated that the program is the largest ever announced in the crypto space. The Binance cryptocurrency exchange has announced a $1 billion accelerator fund to expand the capabilities…
Fantom Price at $2.19 after 6% Gains – How to Buy FTM
The cryptocurrency market has been experiencing a strong bullish sentiment. Yesterday, bitcoin managed to touch $57,000, which is a 5-month high for the coin. Altcoins have been trading in the…
Bitcoin’s Price Flash Crashes to $51K on Bitstamp
Bitcoin touched a fresh high of $58,000 on October 12 according to data from CoinGecko. At the time of writing, Bitcoin’s prices are at around $57,000, and it is still…
Bitcoin Retail FOMO absent, as Coin Reaches “Extreme Greed” Territory
Bitcoin’s price has gained by around 36% over the past two weeks. The coin has managed to hold the five-month high of $57,000, but this is yet to create an…