As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as …
Monthly archives: August 2021
Retail Giant Walmart Hunts for ‘Digital Currency and Cryptocurrency Product Lead’
North American retail giant Walmart is on the hunt for a cryptocurrency product lead to take charge of the company’s digital currency strategy. The retailer’s job listing seeks a leader with at least a robust 10-year background in product or program management as well as technology commercialization. The chosen individual also needs to have previous …
Continue reading “Retail Giant Walmart Hunts for ‘Digital Currency and Cryptocurrency Product Lead’”
Dogecoin, Solana and One More Altcoin Could Ignite Big Rallies While Bitcoin and Ethereum Cool Off: Top Crypto Analyst
A prominent crypto strategist and trader says he’s expecting Dogecoin, Solana and one more altcoin to ignite huge rallies while Bitcoin and Ethereum take a breather. The pseudonymous trader, known in the industry as Pentoshi, tells his 291,000 Twitter followers that Dogecoin (DOGE) is poised to rally to $0.42 after taking out resistance at $0.23 …
Crypto miner Argo Blockchain goes ‘climate positive’ on greenhouse gas emissions
Cryptocurrency mining company Argo Blockchain announced Tuesday that it has reached an important milestone in its climate strategy, sending a strong signal that environmental sustainability remains one of its primary focuses. The company claims its crypto operations have become “climate positive” for Scope 1, 2 and 3 greenhouse gas emissions. According to Carbon Trust, a …
Continue reading “Crypto miner Argo Blockchain goes ‘climate positive’ on greenhouse gas emissions”
Inching closer to global agreement on taxing the sustainable digital economy
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. Since 2013, the Organization for Economic Cooperation and Development, or OECD, has been discussing the base erosion …
Continue reading “Inching closer to global agreement on taxing the sustainable digital economy”
The perfect storm: DeFi hacks will advance the crypto sector moving forward
The rise of decentralized finance, or DeFi, could be paving the way toward a fully decentralized financial ecosystem. Yet, given the innovative nature of DeFi, the sector remains in constant development and is therefore prone to a number of vulnerabilities. Unsurprisingly, one of the biggest challenges currently facing the DeFi sector is security threats. This …
Continue reading “The perfect storm: DeFi hacks will advance the crypto sector moving forward”
Solana is now in price discovery as SOL shows strength below $70 all-time highs
Solana (SOL), the in-house token of decentralized computing platform Solana, continued major gains on Tuesday to become a top 10 cryptocurrency. SOL/USD 1-hour candle chart (FTX). Source: TradingView SOL becomes top-10 market cap crypto Data from Cointelegraph Markets Pro and TradingView showed SOL/USD gain another 15% on Tuesday, briefly passing $72. Against weekly returns of …
Continue reading “Solana is now in price discovery as SOL shows strength below $70 all-time highs”
Cardano Among the Most Popular Crypto Assets in Singapore, According to Gemini Study
A study conducted by cryptocurrency exchange and custodian Gemini says Cardano is one of the most popular crypto assets in Southeast Asia’s city-state Singapore. ADVERTISEMENT In a report titled “The State of Crypto in Singapore 2021,” Gemini surveyed 4,348 Singaporean adults, ages 18 to 65, across varying income brackets. According to the report, 67% …
Bitcoin can see $55K breakout if last major BTC price resistance is broken — Analyst
Bitcoin (BTC) touched $47,000 on Tuesday as ranging behavior continued to hint at an attack on major resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Volatility narrows for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to exit the $46,000 range on Tuesday after heading lower as the week began. The area between …
Fitch Ratings warns El Salvador’s ‘Bitcoin Law’ will pose risk to local insurers
Fitch Ratings has become the latest global credit rating agency to warn El Salvador against adopting Bitcoin (BTC) as legal tender, expressing concerns that crypto assets could cause systemic risks for the Latin American nation. Citing the country’s lack of clarity in Bitcoin’s implementation in mainstream markets, Fitch Ratings warned about the inherent volatility and …
Continue reading “Fitch Ratings warns El Salvador’s ‘Bitcoin Law’ will pose risk to local insurers”
Thiel’s Valar Ventures leads 3rd raise for Bitpanda at $4.1B valuation
Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures. Raising $263 million and drawing in new investments from British billionaire hedge fund manager Alan Howard and REDO Ventures, the company is now valued at $4.1 billion. That’s three times its last valuation of $1.2 billion for …
Continue reading “Thiel’s Valar Ventures leads 3rd raise for Bitpanda at $4.1B valuation”
NFT gaming giant Axie Infinity (AXS) has grown 750x in just one year
It is fair to say that the play-to-earn economy is booming and NFT platforms are profiting from growing demand. Developed by Sky Mavis, a Vietnamese gaming studio, Axie Infinity (AXS) surpassed 1 billion in sales and is transforming the world of gaming. With over 1 million active daily users, this cleverly positioned NFT marketplace is …
Continue reading “NFT gaming giant Axie Infinity (AXS) has grown 750x in just one year”
XRP, Ethereum fall as popular index flashes ‘Greed’ sign
The crypto fear and greed index, a collective metric that estimates the current sentiment on the crypto market, remains in the “greed” zone, while most of the major cryptocurrencies entered the new week with a price uptick. The index reflects daily emotions and sentiments for Bitcoin (BTC) and other large cryptocurrencies, which are gathered and …
Continue reading “XRP, Ethereum fall as popular index flashes ‘Greed’ sign”
Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain Society Ghana) instead wants the central bank to emulate “financial projects that are …
Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto
A Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate with crypto that has been recorded in the country, but more properties are listed as accepting cryptocurrencies as a payment option in several real estate …
Continue reading “Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto”