September 9, 2021 – Tortola, British Virgin Islands Gamified decentralized finance platform DeFi Land has completed its first round of investing valued at $4.1 million. Several dozen investors allocated capital to this project in recent weeks. The concept of gamifying investment action can make DeFi much more appealing and accessible. DeFi Land is a multi-chain …
Monthly archives: September 2021
Verasity Receives Notice of Allowance for Second Proof-of-View Patent
September 9, 2021 – London, United Kingdom Verasity, a leading company in blockchain-powered ad-tech, received a notice of allowance for the second patent of its blockchain ‘proof-of-view’ (PoV) system and method from the United States Patent and Trademark Office. Once the protocol and product layer platform for eSports and video entertainment pays the issuing fee, …
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Bitcoin Could See Extended Bear Phase if It Fails To Hold Crucial Support Area: Analyst Benjamin Cowen
Popular crypto trader and analyst Benjamin Cowen says Bitcoin could face a few months of bearish price action if it fails to stay above a key metric. BTC is trading at $46,143 at time of writing, down sharply from its weekly high of $52,774 after plunging on Tuesday, according to CoinGecko. ADVERTISEMENT However, the …
Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman
By his own admission, Lee Cooperman still does not understand Bitcoin, despite BTC being up more than 300% since early December 2017. Speaking to CNBC on Thursday, the billionaire investor alluded to people his age having a hard time understanding Bitcoin, adding: “I’d be very careful with Bitcoin; I don’t think it makes a great …
El Salvador’s largest bank partners with Flexa for Bitcoin payments
Bancoagrícola, El Salvador’s largest financial institution, is set to boost the country’s Bitcoin adoption policy following its partnership with digital payments gateway Flexa. According to an announcement by Flexa on Thursday, Bancoagrícola has inked a deal with the crypto payment network to enable Bitcoin (BTC) transfers for the bank’s customers including retail and merchant clients. …
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NFT sales and floor prices plummet as demand wanes and gas prices soar
The nonfungible token (NFT) sector has seen an explosion of interest all throughout 2021 and the month of August witnessed record-breaking trading volumes as one-of-a-kind digital collectibles sold for prices in excess of $1 million dollars on a regular basis. As is usually the case in the cryptocurrency ecosystem, hot sectors can cool down in the …
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BTC price crash: Why did it happen? Join Sam Bankman-Fried live on ‘The Market Report’
“The Market Report” with Cointelegraph is live right now! Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Yashu Gola. Today’s menu: the dramatic Bitcoin (BTC) price flash crash to $43,000 on Tuesday. What caused the crash? Was it market manipulation, leverage liquidations, El Salvador’s Bitcoin Law, …
Effecting Change in How the U.S. Federal Government Works with Ethereum-Based Projects
Companies seeking to work with the U.S. Federal Government in any capacity are required to meet their strict cybersecurity standards. To this end, the Federal Information Security Management Act (FISMA) requires an Authority to Operate (ATO) security authorization process. Achieving this authorization means ensuring compliance with requirements determined by the National Institute of Standards and …
Data: Institutional investor sentiment continues to increase for Solana (SOL), Cardano (ADA)
The latest digital asset fund report from CoinShares showed that investor outlook on Bitcoin has become increasingly positive. While last week’s report showed Bitcoin lagged behind altcoins, which saw their highest inflows in the past three years, the latest data shows the market has broken an 8-weel spell of BTC outflows. Market sees inflows across …
Data shows institutions, not retail, are driving crypto DeFi Adoption
On-chain analysis firm Chainalysis has stated that the interest of institutional investors in decentralized finance (DeFi) apps and protocols have overtaken that of retail investors. Institutional investors dominate Defi According to the report, DeFi has recorded a terrific year and has enjoyed widespread user adoption and usage amongst crypto enthusiasts. However, institutional investors like hedge …
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Super Bowl Star Tom Brady, Supermodel Gisele Bundchen Star in $20M Ad Campaign for Crypto Exchange FTX
Seven-time Super Bowl winner Tom Brady and his supermodel wife Gisele Bündchen are featured in a new commercial for cryptocurrency exchange FTX. The company plans to invest $20 million in the ad campaign. Tom Brady and Gisele Bündchen Star in Commercial for FTX Tom Brady and Gisele Bündchen are in a commercial for cryptocurrency exchange …
Binance Pay and GoCrypto Bring Crypto Payments Closer to Everyday Use
press release PRESS RELEASE. GoCrypto, a solution allowing merchants to accept, store, withdraw and buy cryptocurrencies, announced the integration of Binance Pay into the GoCrypto system giving crypto adopters more options to use crypto as the mainstream means of payment as they are intended to be. The GoCrypto solution, developed by Elly – a fully …
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India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker
The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.” Lawmaker Provides an Update on Crypto Legislation Jayant Sinha, a lawmaker of the ruling Bharatiya …
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Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses. Ukraine Legalizes Crypto Activities, Defines Virtual Assets Ukraine’s Verkhovna Rada, the country’s …
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Charles Hoskinson Predicts Many More Nation States Will Adopt Crypto As Part of Monetary Policy
Cardano founder Charles Hoskinson says that more nations are likely to adopt crypto after El Salvador became the first country to recognize Bitcoin as legal tender. The chief executive of IOHK, the firm behind the blockchain platform Cardano (ADA), says crypto has clearly won the market over. ADVERTISEMENT “Over a hundred million people, the …