Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of the company. SBI Holdings Launching Crypto Fund SBI Holdings Inc. has revealed its …
Continue reading “Japan’s Financial Giant SBI to Launch Cryptocurrency Fund”
Dfinity, the company behind the Internet Computer project, launched a non-fungible token (NFT) airdrop and saw each one of the 10,000 NFTs sold out in less than 30 minutes. According to an update posted by the company, the NFT collectibles called ICPunks were launched to test the blockchain and create demand for its products and …
Continue reading “‘ICPunks’ NFTs on Internet Computer sell out in 30 minutes”
A new report from analysts at JP Morgan has revealed that the entire crypto market is beginning to look “frothy” after the market witnessed one of its best periods, especially as spot market trading volumes once again top $1 trillion. The JPMorgan report revealed that the value of assets in the crypto markets, especially those …
Continue reading “JPMorgan blames Reddit traders for ‘frothy’ crypto, NFT markets”
Data shows that non-fungible token (NFT) assets continue to break record sales week after week as statistics show over $1 billion in NFT sales took place during the last week of August. Meanwhile, this week’s data shows $821 million in NFT sales have been settled so far, dropping a hair since the week prior. Weekly …
Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disappearance, the individuals thought to be managing Cryptoshares’ social media channels have similarly vanished. Unrealistic Cryptoshares Promises As …
Continue reading “Mastermind of Zimbabwean Bitcoin Pyramid Scheme Vanishes With $6 Million”
Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due for another increased difficulty change …
While the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things have also changed a great deal …
The President of Belarus Alexander Lukashenko has urged citizens to mine cryptocurrencies instead of moving abroad to pursue low-paying farming jobs. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko said that the country had ample energy resources that are waiting to be put to good use. He referred …
Continue reading “Belarus president calls on citizens to mine crypto”
Sanctor Capital a blockchain-focused investment firm that brings together missionary founders and successful entrepreneurs, announced today that it will be hosting its first Demo Day to showcase the inaugural cohort of projects graduating from its custom-tailored mentorship program, Sanctor Turbo. Project teams graduating as Sanctor Turbo’s Alpha Class were hand-selected by domain experts from industry-leading …
Crypto assets have seen significant gains over the last month and one such digital currency, solana (SOL) has propelled itself into the top ten rankings and recently flipped the crypto asset dogecoin’s market cap position. As of Friday, solana currently holds the seventh-largest market valuation out of all the coins in existence with a market …
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped in the last seven days. Sources from the report …
sponsored Evan Luthra is a prolific angel investor having been in crypto since 2014 and early discoverer in Eaze.com (Fastest growing on-demand Tech company in 2016) and Wheelys Cafe (over 1000+ coffee shops in 40 countries), more recently investing in the seed round of Hashgraph.com (The billion dollar Crypto Currency), Admix.in (Biggest Gaming AD Publisher), …
Continue reading “Evan Luthra Joins Soldex as Lead Investor”
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make them cheaper. Reserve Bank of Australia Teams Up With …
Half a billion dollars worth of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after last month’s Ethereum Improvement Proposal (EIP)-1559, data from multiple sources show. The EIP-1559, an upgrade designed to improve pricing mechanisms by including a fixed-per-block network fee that is burned, went live last month and has …
Continue reading “Over half a billion dollars worth of Ethereum (ETH) are now burned”
‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read → Go to Source
