Blockchain software technology company ConsenSys has acquired Ethereum wallet interface provider, MyCrypto, to integrate it with its popular MetaMask wallet. ConsenSys Acquires MyCrypto Announcing the acquisition in an official blog post on Tuesday, the company noted that MetaMask and MyCrypto will combine their efforts to “improve the security of all the products and create a...Read More
Dune Analytics – a free blockchain research tool – recently announced an additional $69 420 000 in funding. The round was led by Coatue – a global investment manager focused on tech. According to an announcement from Dune’s blog, the funding will be used to empower another generation of “Dune Wizards” – aka Web 3...Read More
The government of El Salvador and the American financial technology provider – AlphaPoint – joined forces to improve the technology for the Chivo wallet. The feature allows access to bitcoin for millions of Salvadorans. Chivo Wallet With an Upgraded Version Last year, El Salvador put its name in the spotlight after becoming the first state...Read More
Bitcoin (BTC) may have fallen short of the $40,000 mark, but this week’s advances have aided in the formation of a more meaningful breakout for underlying price strength. Over the previous day, the worldwide crypto market cap increased by more than 1%. Advertisement Many people are thinking that another ‘crypto winter’ is on the way...Read More
The world’s biggest corporate bitcoin holder MicroStrategy has reported a $146 million impairment charge on its digital asset investment. MicroStrategy Loses $147 Million in an Impairment Charge The day after MicroStrategy CEO Michael Saylor announced that his company bought 660 BTC worth $25 million, the firm reported a loss of $146.6 million in an impairment...Read More
A recent estimate by the Russian government has revealed that locals currently own more than 16.5 trillion rubles ($214 billion) worth of cryptocurrencies. Russians Control 12% of Crypto Market According to a Bloomberg report on Tuesday, this figure represents approximately 12% of the total value of global crypto holdings or one-third of the market cap...Read More
Meta (formerly Facebook) started the development of its own stablecoin Libra in 2019. Facing public backlash, it tried rebranding it to Libra. Now, Zuckerberg’s company finally gave up, selling Diem’s intellectual property to an investment bank. The former Twitter CEO, Jack Dorsey, shared his views on the failed project with Michael Saylor, the man in...Read More
The government of the African country Botswana has reportedly passed a bill to impose a comprehensive regulatory framework on cryptocurrency trading. The initiative is part of its efforts to tighten anti-money laundering measures. According to a recent coverage by Bloomberg, Botswana will become the next nation to implement rules in its cryptocurrency ecosystem. The Virtual...Read More
The world’s largest digital asset manager, Grayscale Investments, announced today the launch of its first ETF. Dubbed Grayscale Future of Finance ETF, it will be the first equity ETF to track the performance of the Bloomberg Grayscale Future of Finance Index. The statement dated February 2nd informed that the new product’s ticker will be GFOF....Read More
Sam Bankman-Fried’s FTX will acquire Liquid Group and all of its operating subsidiaries. Among them is Quoine Corporation – one of the first digital asset trading venues in Japan. FTX Continues to Expand According to a recent blog post, the deal should be finalized in March this year as the regulators will take all closing...Read More
The Cardano price is currently undergoing a crucial phase where-in it is on the verge of breaking through the consolidation. And at the same time, the ADA price is also feared to undergo a serious squeeze that could hinder the rally, compelling it to hover within the consolidation itself. Hence the upcoming hours may be...Read More
Input Output Hong Kong (IOHK), the research and development company behind the Cardano blockchain, has announced that the network is on track to increase its block size by 11%. Increasing Cardano’s Block Size to 80KB Announcing the new update via a tweet on Wednesday, IOHK noted that the proposal will see the total block size...Read More
On Feb. 1, Solana Labs announced the launch of Solana Pay in a joint collaboration Circle, Checkout.com, Citcon, Phantom, FTX, and Slope. The announcement stated that the premise behind the new service is that the actual payment and its underlying technology “goes from being a necessary service utility to true peer-to-peer communication channel between the...Read More
21Shares AG – a Switzerland-based investment product issuer – announced the listing of three new cryptocurrency exchange-traded products on the BX Swiss. Aave, Chainlink, and Uniswap are respectively the underlying assets of the ETPs. Additionally, the global investment manager – VanEck – introduced its first multi-token cryptocurrency fund. Diving Deeper into ETPs According to a...Read More
Financial services company Circle, the issuer of USDC, has enabled support for the dollar-backed stablecoin on the Flow network, making it the eighth integration for the second-largest stablecoin on a blockchain network. USDC Now on Flow Network Circle announced the news of the USDC support on Flow via a press release on Monday (January 31,...Read More
As most of us were enjoying some R&R over Christmas break, Coinbase Cloud protocol specialist Elias Simos was scouring the web for the most interesting crypto charts of 2021: 69 of them to be exact. In the latest Around The Block podcast, we sit down with Elias and discuss some of the most interesting data...Read More
While Metaverse crypto coins are some of the most hyped-up niches in crypto, Meme coins are just as successful, with many seeing significant price gains. One of the best ways to hunt for underrated projects is to check the recently listed section on CoinMarketCap. Today we bring you ShinFloki, the latest meme coin listed on...Read More
Bitcoin in recent times is making some strong calculated moves that are working out. As the price is ranging high steadily despite some of the minor pullbacks which is short-lived. Advertisement The last fortnight witnessed a rise in the buying volume and hence the BTC price is planning its next plot accordingly. However, crucial zones...Read More
