Blockchain

Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset. The “Third

Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at $3,600. Still, derivatives data is signaling that pro traders are not concerned about the seemingly bearish market

Catch up on nonfungible token (NFT)-related news this week from restaurants to movies and music. Below is a roundup of stories you don’t want to miss.  Melania Trump’s eyes become an NFT Former first lady Melania Trump launched her own NFT platform and dropped her first digital collectible titled “Melania’s Vision,” which will be on

The United States Securities and Exchange Commission (SEC) continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices. On Dec. 15, the SEC postponed two major Bitcoin exchange-traded offering proposals, including NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF. The SEC

When people think of nonfungible tokens (NFT), the most popular collectibles such as CryptoPunks, Bored Ape Yacht Club and Decentraland usually come to mind. Beeple’s digital artwork that sold for millions will most likely ring a bell, and most recently, gaming came together with the Metaverse to usher in an altcoin season. However, one particular

Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion. Anchorage Digital announced Dec. 15 that it raised $350 million in a series D round led by equity investment giant KKR. According to the announcement, this is the first time for KKR to directly invest in

Tesla CEO Elon Musk believes that Bitcoin (BTC) is not that good for everyday payments as the meme-based cryptocurrency, Dogecoin (DOGE). Musk compared the world’s largest cryptocurrency, Bitcoin, to DOGE in a Time Magazine interview shortly after being named Time’s 2021 Person of the Year. “Bitcoin is not a good substitute for transactional currency. Even

Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet. In a Monday announcement, Chainalysis said the integrated partnership with Robinhood Crypto will help the trading app meet compliance requirements ahead of the launch of its crypto wallet, expected to

Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (POLY) blockchains. Soon after realization, AscendEX proactively warned its users about the stolen funds, confirming that the hackers were not able

The fan token market has been growing in value this year, surging around $157 million in terms of total market capitalization since June. According to data from major fan token website FanMarketCap, the market cap of all fan tokens is estimated to amount to slightly over $417 million at the time of writing. This is

A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy sources. A Dec. 4 report from Brazilian media outlet Seudinheiro explains that a series of new proposals from Brazilian lawmakers could reduce the criticism crypto gets in

Ongoing uncertainty around cryptocurrency regulation in India isn’t stopping domestic crypto companies from launching global offerings. Indian cryptocurrency exchange CoinDCX is preparing to move forward with its global crypto-to-crypto trading platform — dubbed Cosmex — in 2022, according to a senior executive at the company. Ramalingam Subramanian, head of brand, marketing and communications at CoinDCX,

Payments giants Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies.  The firm said on Dec. 8 that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out

The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering. With the motive

On Monday, Coinbase, the fourth-largest cryptocurrency exchange globally by trading volume, announced the creation of a novel cryptographic library, Kryptology, as a compendium of tools for blockchain developers. These include secure, audited, and easy-to-use APIs, as well as a repository of common issues and lessons learned throughout the history of crypto. Without cryptography, cryptocurrencies such

The endless cookie settings that pop up for every website feel a bit like prank compliance by an internet hell-bent on not changing. It is very annoying. And it feels a little bit like revenge on regulators by the data markets, giving the General Data Protection Regulation (GDPR) a bad name and so that it

The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 million people — have purchased some form of cryptocurrency, with more than 300 million crypto owners estimated worldwide. 

The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November. Salvadoran president Nayib Bukele announced the purchase of 150 BTC as the market price momentarily slipped below $50,000 after losing over 15% in market