The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially. The crypto elite list now has 19 billionaires on it, which is seven more than last year and expands the list by 58%. The publication released its latest crypto richest on …
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Skybridge Capital founder Anthony Scaramucci believes the blockchain industry has a very bright future, but he is concerned about the “very weak leadership” in American politics. Scaramucci is a former Director of Communications at the White House and Skybridge Capital manages the $7 billion Skybridge Bitcoin Fund. He spoke candidly at the Australian Financial Review …
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Bitcoin software firm Lightning Labs has secured a large funding round enabling it to further develop the Lightning Network for faster, cheaper Bitcoin and stablecoin transactions. The $70 million Series B funding round was led by Valor Equity Partners, with participation from Baillie Gifford, Goldcrest Capital, and several other angel investors. Lightning Labs builds additional …
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BTC Price Holds Above Crucial Support as Bears Resume Selling Pressure – April 5, 2022 Since March 31 price slump, Bitcoin fell to $45,190 low as bears resume selling pressure. For the past week, the BTC price has been fluctuating between $45,400 and $48,000 price levels. The largest cryptocurrency has remained stable above the current …
Francis Suarez, Miami’s mayor, believes the city’s success as an upcoming tech hub is partially due to adopting crypto. He said this during an interview with Maria Bartiromo of Mornings with Maria on Monday. According to Suarez, crypto is part of Miami’s transitional brand from a city that was great to visit or retire to …
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Filings in 2022 indicate that one thing about the metaverse is that it will be well fed and well dressed. Companies with a combined market cap of around $1.1 trillion have filed for trademarks related to metaverse and NFTs this year alone. If you include Meta in this discussion, the figure rises to almost $2 …
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Binance CEO Changpeng Zhao, commonly referred to as CZ, believes Russia cannot use cryptocurrencies to circumvent western sanctions. He said this during a recent interview with Richard Quest, the host of CNN’s Quest Means Business. According to him, crypto is too traceable, a trait that makes it unsuitable for dodging sanctions. Zhao pointed out that …
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The US Department of Justice had announced that it had secured the biggest cryptocurrency forfeiture after a South Florida resident forfeited $34 million worth of cryptocurrency tied to illegal dark web activities. Federal prosecutors in the Southern District of Florida filed the civil forfeiture complaint and were successful. US gets biggest crypto forfeiture This came …
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When LooksRare started operating in January, it came with the promise of challenging OpenSea’s dominance in the NFT space. But three months down the line, it seemed to have developed a reputation for wash trading. According to CryptoSlam and cited by Bloomberg, about $18 billion or 95% of trading volume on the platform is wash …
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sponsored EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply and demand algorithm. EverLend.app is a protocol where users can play …
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges The chairman of the U.S. Securities and Exchange Commission (SEC), …
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on Twitter.” Elon Musk Joins Twitter’s …
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday: Macrostrategy has purchased an additional 4,167 bitcoins for …
Blockchain technology has arguably been one of the most popular key terms in search engines for the past few years. But despite its popularity, not many people actually know how blockchain technology works, much less how it’s used in cryptocurrency. However, if you plan to engage in any crypto-related transactions, it’s something you must definitely …
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Bitcoin retail buying rates have been surging in recent times. These metrics show how much Bitcoin retail investors are buying and at what prices they are purchasing these tokens. Now, this metric had hit a previous all-time high in 2017/2018 right at the peak of the bull market at that point. Since the same thing …
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