Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the company announced Friday. A community-elected developer council controls $5 million …
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But others, like Arca CEO Rayne Steinberg, had “mixed feelings” about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval — ending eight years of futility on the part of U.S. fund issuers — he had some misgivings about the product that finally met the approval of the SEC, specifically …
Continue reading “Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap?”
With Bitcoin reaching its all-time highs this week and the first Bitcoin ETF being approved by the American SEC, all eyes are on the coin. It’s safe to say that Bitcoin has broken through to the mainstream. With a market cap of nearly 1.2 trillion dollars and a value reaching an all-time high of above …
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On the heels of ProShares historic trading of the first Bitcoin futures exchange-traded fund (ETF) on the New York Stock Exchange (NYSE) yesterday, available information has shown that VanEck has also gotten approval from the Securities and Exchange Commission (SEC). VanEck Bitcoin ETF to begin trading next week According to a filing made by the …
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US retail giant Walmart will allow customers to purchase Bitcoin (BTC) via ATM kiosk at over 200 of its locations, thanks to a pilot project with crypto ATM provider Coinstar. The firm has earlier expressed its interest in the burgeoning crypto space and looks to include digital currencies as part of its everyday operations. An …
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Held from October 9-14th in the British Virgin Islands, Sir Richard Branson’s Oceans 4.4 retreat was designed to raise awareness for the water crises affecting the world, and highlight the efforts of founders and change-makers to fight these issues. Over the course of the retreat, different innovators presented their solutions for ocean conservation and fighting …
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Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through Coinstar kiosks located inside Walmart stores. Coinstar is currently offering bitcoin at more than 8,000 kiosks. Buying Bitcoin at Walmart Bitcoin can now be purchased at 200 Walmart stores in the U.S., …
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According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin” and added, “I feel like I’ve been underinvested in it.” Peter …
press release PRESS RELEASE. Night Life Crypto (NLIFE), the first platform to bring AAA style titles to blockchain games, is proud to announce an integration with the largest protocol connecting Ethereum-compatible blockchain networks, Polygon. Night Life Crypto will utilize Polygon’s chain to launch it’s very first series of integration NFTs, as well as use their …
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While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues as Accessibility Broadens With the first Proshares bitcoin exchange-traded fund (ETF) with ticker BITO opening …
Bitcoin (BTC) trading volumes on global payment service provider PayPal reached $145.60 million on Wednesday, just as the benchmark crypto rallied toward its record high near $67,000. The latest spike in volumes came out to be the highest since the May 19 Bitcoin price crash from around $43,500 to as low as $30,000. On the …
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Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value. According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas …
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It’s been said that “Blockchain technology is not as decentralized as we think” and that critical decisions are made, not democratically, but by a small group of “agents of influence” often including founders, software developers, miners and other parties with a monetary interest in the matter. This notion is open to debate, of course, but …
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Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million). Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million) in the sixth tranche of its Bitcoin mining-focused security token known as Blockstream Mining Note …
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World Blockchain Hackathon is once again here with another hackathon – Babylon Project 2.0 Hackathon. Blockchain Council is this year’s academic partner. All the blockchain innovators out there, brace yourself for a fun-filled hackathon. The term Hackathon has become extremely popular and synonymous with techies and computer professionals over the past several years. So what …
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