Roughly one in five adults reported seeing something about Kim Kardashian’s Instagram post promoting the cryptocurrency Ethereum Max, according to data intelligence company Morning Consult. Morning Consult’s poll, which was conducted among 2,200 US adults in the days following Kardashian’s post, revealed that the share was even higher among crypto owners, at 31%. Crypto audience …
Monthly archives: September 2021
SEC Chair Gensler responds to Coinbase allegations of failing to provide crypto clarity
Speaking on CNBC, SEC Chair Gary Gensler responds to claims made by Coinbase CEO Brian Armstrong that his organization refused to provide clarity and threatened legal action. Armstrong’s allegations were in relation to the launch of Coinbase Lend, a yield earning program paying 4% on USDC deposits. Last Friday, the firm announced that they have …
Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency
The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia as the only legal tender in the country. Bank of Ukraine …
Continue reading “Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency”
Infrastructure Provider Blockdaemon Raises $155 Million With Participation of Goldman Sachs
Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others. Blockdaemon Raises …
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana. Solana’s Orca Gets an $18 Million Capital Raise On …
Best NFT Art and Games Marketplaces September 2021
NFTs are an interesting piece of the crypto industry. Today, some of the best NFT art and games marketplaces process millions in transactions and facilitate the trading of non-fungible tokens (NFTs) globally. In 2021 H1 alone, trading volumes for NFTs Your Capital is at risk. 2. Axie Marketplace Axie Marketplace is the NFT marketplace for …
Continue reading “Best NFT Art and Games Marketplaces September 2021”
Gold Investors Are Moving to Bitcoin and Ethereum, According to Bloomberg Commodity Strategist Mike McGlone
Gold is experiencing outflows as investors embrace cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), according to Bloomberg commodity strategist Mike McGlone. McGlone says in a new Stansberry Research interview that investors are “giving up on gold” and instead taking positions in the two largest cryptocurrencies by market cap. ADVERTISEMENT “The thing that I …
SushiSwap denies reports of billion dollar bug
The developer behind popular decentralized exchange SushiSwap has rejected a purported vulnerability reported by a white-hat hacker snooping through their smart contracts. According to media reports, the hacker claimed to have identified a vulnerability that could place more than $1 billion worth of user funds under threats, stating they went public with the information after …
Continue reading “SushiSwap denies reports of billion dollar bug”
Bitcoin.org goes offline after suffering scam attack
Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing. Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up a scam notice on the site. “Looks like Bitcoin.org got hacked and the entire site …
Continue reading “Bitcoin.org goes offline after suffering scam attack”
Dogecoin more popular than ever … even as TXs hit lowest level since 2017
The power of the Dogecoin meme is strong despite transaction levels of DOGE hitting the lowest they’ve been since 2017. Multiple firms have made DOGE adoption plays this week including Robinhood which confirmed that it will roll out a new crypto wallet feature on its app next month supporting DOGE deposits and withdrawals.The memecoin’s co-creator …
Continue reading “Dogecoin more popular than ever … even as TXs hit lowest level since 2017”
Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey
A new survey has revealed bleak insights into the apparent willingness of retail investors to follow digital asset advice from the social media accounts of celebrities and influencers. According to a Morning Consultant survey of 2,200 U.S. adults, 45% of crypto-holding respondents indicated they would be likely to seek exposure to a digital asset if …
Sports NFT gold rush as projects raise $930 million in a week
Tokenized sport collectibles projects have raised almost $1 billion in funding in the space of a week. On Sept. 22 Dapper Labs — the firm behind the Flow blockchain and the widely popular tokenized basketball collectibles, NBA TopShot — announced a further $250 million in a funding round led by tech-focused hedge fund Coatue. As …
Continue reading “Sports NFT gold rush as projects raise $930 million in a week”
69% of AMC cinema-goers say the brand should accept Dogecoin (DOGE)
One of the largest movie theater chains in the world, AMC Entertainment, is considering accepting Dogecoin (DOGE) for online payments. Following the announcement that AMC will begin accepting online payments in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) by the end of 2021, the company CEO, Adam Aron, has asked the community …
Continue reading “69% of AMC cinema-goers say the brand should accept Dogecoin (DOGE)”
Founder of controversial BitClout platform discusses the next big thing – “DeSo”
Former Google engineer and founder of BitClout, Nader Al-Naji, talks about the next revolution in crypto as he sees it – DeSo, or decentralized social. Al-Naji recently divulged that he is the brains behind the BitClout platform, which launched in March amid a flurry of controversy that continues to this day. Nonetheless, in taking blockchain …
Continue reading “Founder of controversial BitClout platform discusses the next big thing – “DeSo””
Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023
On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board of directors. Genesis Digital Assets to Bolster Bitcoin Mining Operations in the US and Nordics …