Cryptocurrency

Despite not yet having functional smart contracts on the layer-one, intrepid Cardano developers have recently hacked together methods to mint bootleg nonfungible tokens. These experiments in hosting unique data on the blockchain are reminiscent of the pre ERC-721 standard era for Ethereum — and, what’s more, so far they’ve proven to be enormously popular with

The Falcon and the Winter Soldier, a new Marvel Cinematic Universe show on the Disney+ streaming platform, incorporated a Bitcoin (BTC) bounty into its newest episode.  In episode three, “Power Broker,” one of the characters receives a text message which reads: “Selby dead. ₿1K BOUNTY for her killers.” The reference, which drops around the narrative’s

The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation. According to a Friday announcement, the Filecoin Foundation has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The grant is designed to

Former US Securities and Exchange Commission Chair Jay Clayton has stated that Bitcoin has not been classified as a security for a long time. But speaking on CNBC’s Squawk Box on March 31, Clayton warned that its status as a non-security still does not protect it from the imposition of new regulations which, he warned,

What started as a joke to celebrate April Fools Day has become yet another sign of a frothy, overeager market as a bonding contract designed to sell baseball cap vouchers sold 468 hats in just a few hours, raising over $100,000 and bumping the price per hat to $3700. Solana-based decentralized finance, or DeFi, platform

China has completed its first cross-border pilots of the digital yuan with Hong Kong. Wang Xin, director of the People’s Bank of China research bureau, said that the Hong Kong Monetary Authority and the PBoC have conducted technical tests on the cross-border use of China’s central bank digital currency.  The official announced the news at

Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public. Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited investors exclusively. The Bakkt App is the firm’s first retail-facing crypto initiative. Bakkt’s app was trialed by 500,000

Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead. Off The Chain Capital and Foundry Digital, a subsidiary of Digital Currency Group, contributed to the $75 million haul, Blockcap announced Wednesday. The funding will

Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China. According to a press release by R3, the news marks the first occasion of the BSN developer being able to resell enterprise blockchain technology from an

NBA Top Shot maker Dapper Labs has secured about $305 million in new funding round from investors. According to a report by Business Insider on Tuesday, past and present NBA stars like Michael Jordan, Alex Caruso, and Kevin Durant participated in the funding round. Other investors included The Chernin Group and Will Smith’s venture capital

Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and investors who do not rely on technicals have become optimists after Visa initiated a pilot to settle transactions in USD Coin (USDC) through the Ethereum network. Ether price in USD

Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement. News broke regarding PayPal’s rumored decision to accept cryptocurrencies early on March 30. Later in the day, the firm’s CEO, Dan Schulman,

E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei.  According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets Bitcoin (BTC) and Ether (ETH), lesser known cryptos such as Reddcoin and Bitcoin Gold,

Nischal Shetty, CEO of Indian crypto exchange WazirX, and other stakeholders in the industry are reportedly working toward convincing the government to adopt more nuanced cryptocurrency regulations. According to a report by The Economic Times, the country’s Blockchain and Crypto Council has drafted a presentation note highlighting recommendations for cryptocurrency regulations in India. The regulatory

The majority of Bitcoin (BTC) is mined outside of the United States using “dirty energy,” Miami Mayor Francis Suarez has claimed. Suarez discussed the environmental implications of Bitcoin mining in a March 26 episode of the Unconfirmed podcast with cryptocurrency journalist Laura Shin. The mayor said that the U.S. should mine more Bitcoin for to national

Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share.  One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM)

An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency. According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy first released in 1989 as a starting point to mine Bitcoin (BTC). Because the gaming console has no built-in wireless capabilities

It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym for a developer collective. However, after the launch of Bitcoin on Jan. 9, 2009, Nakamoto worked to improve the software by receiving feedback and opinions from several collaborators. Among them

One of the toughest puzzles in crypto is figuring out what to take seriously.  On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members. Some were predictable, such as oracle provider Chainlink and VC stalwart Blockchain Capital, but one name stood out in particular:

Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 ‘summer of DeFi’ as the primary catalyst for the rallies seen in Ether (ETH)  and Bitcoin (BTC).  In the beginning, investors were able to easily secure 4-digit annual percentage yield (APY) on an almost endless number of attractively

Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” —

Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however.  “IMO we are only ~4 months into the bull market and nowhere near the end of it,” PlanB tweeted

An unusually rowdy (and informative) virtual panel at the Security Token Summit yesterday reveals the fractious difficulties of bringing regulated assets on-chain — as well as the promise and progress of the tokenized real estate use case despite those hurdles.  Michael Flight of the Liberty Fund, Jude Regev of Jointer.io, and Mohsin Masud of AKRU

Just a few weeks before the filing deadline for U.S. taxpayers, cryptocurrency accounting and data company Lukka said it had raised an additional $53 million in a new funding round. In an announcement today, Lukka said it had completed a $53 million Series D funding round led by Soros Fund Management — a fund created

On March 25, concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400. The downturn was not a surprise for many traders and some called for a possible test of the $47,000 support level. Despite Bitcoin’s loss of bullish momentum, several derivatives indicators, including a

Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued to broaden.  RIOT declined by as much as 14.4% during Thursday’s session, extending its losing streak to four days. The stock has declined 29% over that stretch and is down over 44%

After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months. Theta is a blockchain-based video streaming platform that was gearing up for its official Mainnet 3.0 launch next

Crypto-powered esports streaming app Theta’s mainnet 3.0 launch has been delayed until June. In an announcement from Theta Labs, the company stated that its development team is still working “to incorporate some building blocks” for a non-fungible token, or NFT, marketplace for the Theta Mainnet 3.0. They are also working to ensure that the network

Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action. In a press release on March 24, the company confirmed that effective immediately, its access fee had been reduced to 0.3%. Bitcoin buyers pick their premium The move comes just days after

Elon Musk has announced that Tesla cars can now be purchased using Bitcoin (BTC). The electric car company’s CEO and “Technoking” said the firm would operate Bitcoin nodes directly, and would hold on to the Bitcoin it accumulates without converting it to fiat. You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk)