A crypto user was able to net roughly $80,000 in less than a day after purchasing a CryptoPunk for less than a penny. According to blockchain records made available through Larva Labs, an unknown user purchased CryptoPunk number 3860 for 99 wei — worth next to nothing — earlier today after the artwork featuring a male …
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GK8, a cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking clients with institutional-grade blockchain solutions. The partnership centers around GK8’s enterprise-grade custody solutions, which will be made available to Securrency’s clients as the fintech company continues to build its tokenization infrastructure. Securrency’s main focus is tokenizing real-world assets such …
Bitcoin (BTC) price has recovered from its recent $37,500 low and the digital asset’s run back toward the $40,000 mark spurred bullish activity from many altcoins. Data from Cointelegraph Markets Pro and TradingView shows that the top gainers over the past 24-hours are XYO Network (XYO), Saffron Finance (SFI) and Quant (QNT). Top 7 coins …
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August 4, 2021 – Victoria, Seychelles KuCoin, a global leading crypto exchange, is proud to announce today its new Trading Bot service. As a free intelligent trading tool, it can help increase overall profitability for cryptocurrency traders. The Trading Bot solution is now available to all users on mobile and through the web interface. The …
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Federal authorities in Russia are moving forward with a plan to closely monitor cryptocurrency activity for illicit transactions and deanonymize crypto users’ identities. The Russian Federal Financial Monitoring Service, also known as Rosfinmonitoring, has selected a contractor for developing a platform for tracking cryptocurrency activity. According to data from Russia’s state procurement website, the country …
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Investment firm Victory Capital Management has filed an application with the United States Securities and Exchange Commission (SEC) for a cryptocurrency exchange-traded fund. In a Form S-1 registration filed Tuesday with the regulatory body, Victory said it intended to move forward with listing an exchange-traded fund, or ETF, tracking the Nasdaq Crypto Index. The index …
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MakersPlace, a nonfungible token (NFT) market dedicated to digital art, has secured $30 million in Series A financing, highlighting once again that venture funds are keen to back promising NFT plays. The funding round will be used by MakersPlace to scale business operations and acquire additional talent as it continues to attract new users and …
Continue reading “Pantera, Coinbase Ventures and Sony back NFT-focused MakersPlace in $30M Series A”
The price of Axie Infinity’s native token AXS surged on Wednesday despite a lackluster upward momentum elsewhere in the cryptocurrency market. The AXS/USD pair rose to as much as $44.96 following a 16.44% intraday jump. Nonetheless, the strong upside move came as a part of a sideways trend that saw AXS fluctuating inside the $36.48-$56.57 …
Continue reading “AXS price gains over 16% as Axie Infinity closes in on 1M daily active users”
As an EEA member, Aventus Technologies is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed CEO Alan Vey about how Aventus is helping the ecosystem achieve the potential impact of Ethereum. Please introduce your company and yourself briefly. I’m Alan Vey, …
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Internet giant Google’s new ad policy has gone into effect. The company now allows certain cryptocurrency ads, such as those promoting cryptocurrency exchanges and wallets. Advertisers must meet certain requirements and be certified by Google. Google Now Allows Some Crypto Ads Google’s new ad policy for financial products and services, announced in June, has gone …
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The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says crypto investors need to be protected from fraud and is encouraging more legislative oversight over the nascent digital asset space. Gensler, who taught a course titled “Blockchain and Money” at the Massachusetts Institute of Technology, says that he is “not neutral” with regard to …
Blockchains provide a trust-free anonymous intermediary for objective transactional actions, putting wealth transfer back in the hands of the individual and out of the hands of centralized control. This, unsurprisingly, has stepped on the toes of a number of governments. To make matters worse, supporting this technology can be misconstrued as taking a stance against …
Continue reading “In crypto, no one cares who you are: Here’s why that’s a good thing”
Bitcoin (BTC) hit 24-hour highs later on Wednesday as fresh comments from the United States regulatory sphere boosted flagging price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gensler bullish on Bitcoin’s “potential” Data from Cointelegraph Markets Pro and TradingView confirmed local highs above $39,000 on Bitstamp, with BTC/USD jumping more than 2% in an hour. …
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The bid to introduce human-readable addresses as an alternative to the usual lengthy alphanumeric crypto wallet address system is set to achieve another milestone following the recent partnership between Circle and Unstoppable Domains. According to an announcement issued on Wednesday, Unstoppable Domains, a blockchain domain name provider, and USD Coin (USDC) stablecoin issuer Circle are …
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Amid the chorus of stringent crypto regulations among several United States leaders, proponents such as Galaxy Digital CEO Mike Novogratz look to counter anti-cryptocurrency sentiments circulating in Washington. Tweeting on Tuesday, Novogratz described crypto as the “future of our financial systems” while adding politicians and regulators ought to do their homework before devising policies to …
Continue reading “Mike Novogratz blasts US officials for poor grasp of crypto industry”
