The chief executive of one of the world’s largest tech companies has revealed that he owns crypto assets. In an interview with Andrew Ross Sorkin at the New York Times DealBook Online Summit, Apple CEO Tim Cook says he owns some crypto as part of his investment portfolio. Sorkin asked the CEO if he owned …
Monthly archives: November 2021
Ethereum-Based Altcoin Backed by Coinbase Ventures Surges 150% in One Day, Enters Top 100 Crypto Assets by Market Cap
An altcoin backed by Coinbase Ventures and Digital Currency Group is surging after a month of big milestones. Ethereum-based video streaming project Livepeer (LPT) soared to a new all-time of high today of $100.99, rallying more than 152% within a 24-hour period. Livepeer says it’s working to build “scalable and cost-effective” solutions for online video …
Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply
This week a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain projects a chance to show why they offer the most competitive solutions to the different demands that exist in the crypto sector. The ongoing Polkadot …
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PBoC governor says digital yuan to be more privacy-enhanced than payment apps
During a virtual video session at the Bank of Finland Institute for Emerging Economies’ 30th Anniversary Conference, People’s Bank of China governor Gang Yi discussed recent developments regarding the country’s central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Gang specifically addressed the issue of privacy surrounding the Digital Yuan in the …
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Climate Chain Coalition advocates for the creation of a green economy at COP26
Delegate representatives from the Climate Chain Coalition spoke at the United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland on Tuesday. The Climate Chain Coalition, or CCC, is a global environmental initiative consisting of 250 member organizations and individuals aligned to utilize blockchain, distributed ledger, or DLT, and other promising digital technology …
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UK Treasury and central bank will consult on CBDC, potentially launching by 2030
The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the possible rollout of a central bank digital currency starting in 2022. In a Tuesday statement, the Bank of England said the digital pound consultation with HM Treasury would consider design features, benefits and implications for users and …
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Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here’s Why
Shiba Inu (SHIB) could be in for some rough times ahead, says Mike McGlone, Bloomberg Intelligence senior commodity strategist. In the latest edition of the Bloomberg Crypto Outlook, McGlone refers to the popular memecoin as a “Dogecoin wannabe” and “an example of excesses among 13,000 cryptos.” SHIB made headlines in recent months due to jaw-dropping …
Morningstar Ventures Announces Acquisition of Portfolio Tracker Coin.fyi
November 9, 2021 – Dubai, United Arab Emirates Morningstar Ventures, an investment company focused on crypto assets and the blockchain tech sector, has announced its strategic acquisition of Coin.fyi, a widely used portfolio tracking app. Coin.fyi provides an intuitive and user-friendly portfolio tracker platform and news aggregator service that was implemented by a team of …
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Here’s How Ethereum Could Confirm Altseason, According to Closely Followed Crypto Analyst
A popular crypto analyst and trader says that Ethereum (ETH) could signal the start of a new altseason, but the second-largest crypto asset by market cap must set a new milestone first. In a new strategy session, pseudonymous trader Credible tells his 35,100 YouTube subscribers that a fresh altseason could come to life once Ethereum takes …
Largest cryptocurrency exchange in Latin America to develop renewable energy tokens
In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to implement two types of tokens. The first, set to launch in 2022, will …
Ethereum 2.0 node count drops to a one-month low as ETH price climbs to new heights
The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9. The number of Externally Owned Ethereum Addresses (EOA) fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake blockchain, …
Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now
Apple chief executive officer Tim Cook said he owns some crypto as “part of a diversified portfolio,” but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other tokens. Speaking at the New York Times’ DealBook Online Summit on Nov. 9, Cook said he would not use the …
Alexis Ohanian, Solana Ventures launch $100M Web 3.0 growth fund
Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web 3.0 and social projects, potentially setting the stage for the next wave of budding crypto startups. Ohanian announced Tuesday at the Breakpoint Conference in Lisbon, Portugal that his Seven Seven Six venture firm and Solana Ventures …
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Zimbabwe considers “unstoppable” crypto as legal tender
Local media reports that the Zimbabwe government is considering crypto as legal tender in the country. According to Bulawayo24, the country’s Director of IT and Communications, Charles Wekwete, said the government had opened dialogue with all stakeholders on the matter. The comment came as Wekwete was speaking at the Computer Society of Zimbabwe (CSZ) Summit, …
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Crypto.com’s own mainnet beta ‘Cronos Chain’ goes live on Cosmos
Crypto services firm Crypto.com announced the launch of Cronos mainnet beta yesterday, making it the first Cosmos EVM chain for supporting DeFi, NFTs, and the metaverse. https://t.co/vCNztABJoG Wallet Extension now supports Cronos Mainnet Beta! Connect your DeFi Wallet with DApps on Cronos via the browser extension 🔗 Other new features🔄 Network switching🖥 Balance, network, and …
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