Crypto sustainability and green solutions highlighted at COP26

Cointelegraph’s Editor-in-Chief, Kristina Cornèr spoke at the United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland, on Tuesday about the positive impact of the cryptocurrency ecosystem on environmental objectives. Arriving in Scotland’s second-largest city following panel hosting duties at Lisbon’s Web Summit last week, Cornèr spoke on a wide range of topics ranging from …

These publicly traded firms are pulling institutions into crypto

Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors. From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto space has seen a …

Blockchain service provider Nansen to integrate Solana data analytics

Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in networks like the decentralized finance (DeFi) and nonfungible token (NFT) markets. Scheduled to commence in the first quarter of 2022, the Solana function is set to augment …

Former Citigroup CEO Says Every Large Bank Will Consider Trading Crypto Assets: Report

A former chief executive officer at investment giant Citigroup is predicting that all major financial institutions will consider trading crypto assets. Vikram Pandit, who led Citigroup from 2007-2012, says in a Bloomberg interview that in the coming years, he sees large financial players exploring the idea of offering services related to crypto assets. “[In] one …

Top Crypto Strategist Says One Ethereum Challenger Looks Insanely Bullish, Predicts Rallies for Four Other Crypto Assets

A closely followed crypto analyst and trader says one explosive altcoin continues to look bullish while predicting rallies for four additional crypto assets. Trader Scott Melker tells his 673,200 Twitter followers that he expects smart contract platform Avalanche (AVAX) to print a fresh all-time high above $100 after retesting key support around $80. “New all-time …

Russia to change laws for digital ruble, while central bank mulls 2022 prototype

On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters …

Retail-focused Singaporean CBDC to hedge against privately issued stablecoins

The Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative.  According to MAS managing director Ravi Menon, Singapore’s retail CBDC will be developed in a partnership with private entities, which “would be the digital equivalent of today’s …

Three Arrows Capital, Jump Capital back $40M Neon Labs token sale

Decentralized finance development firm Neon Labs has concluded a $40-million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on the Solana blockchain, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market. The private sale of NEON tokens was led by Jump Capital, …

Litecoin hits 6-month high as LTC price soars 20% in 24 hours

Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high, amid broad rally in cryptocurrencies. Low real yields, need for inflation hedges are shaping markets. pic.twitter.com/xN0Athssng — …

Here’s What’s Next for Shiba Inu, THORChain and Three Additional Altcoins: Crypto Analyst Michaël van de Poppe

Popular crypto strategist and trader Michaël van de Poppe is mapping out the potential path ahead for Shiba Inu (SHIB), THORChain (RUNE) and three other altcoins. The crypto analyst tells his 475,800 Twitter followers that he’s looking at two possible trade scenarios for Shiba Inu where the meme coin could bounce. “This one is in …

Discord community splits as CEO unveils pre-released Ethereum integration

Instant messaging platform Discord may soon launch support for MetaMask and WalletConnect integrations as evidenced by a pre-release screenshot shared by the platform’s CEO, Jason Citron. However, a portion of the Discord community raised concerns about the update while threatening to cancel its Nitro subscriptions. Citron’s announcement of the upcoming Ethereum blockchain integration came as a …

Nifty News: MADworld partners with Xtreme Pong for NFT drop, CryptoDragons NFTs sell out in 10 seconds and Beeple collector buys Rare Pepe meme NFT for 500K

Nifty News: MADworld partners with Xtreme Pong for nonfungible token (NFT) drop, CryptoDragons NFTs sell out in 10 seconds, and Beeple collector buys Rare Pepe meme NFT for 500K. NFT meets ping pong Animoca-Brands backed NFT developers MADworld has partnered with popular content creator Airrack to drop NFTs dedicated to his upcoming Xtreme Pong tournament. …

‘Clear skies’ for Bitcoin price discovery if giant $70K BTC sell-wall is scaled

Bitcoin (BTC) is clinging to $68,000 on Nov. 9 after traders declared it “clear for take-off” and ready to begin further price discovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin approaches “Great Wall of Finex” Data from Cointelegraph Markets Pro and TradingView has tracked a second night of impressive gains in a row for BTC/USD. …

Ethereum Name Service’s new token already has a fully-diluted cap of $3.1T

The official announcement on Mirror from ENS states that $ENS will be used to vote on a proposed constitution and govern protocol parameters. The first issues holders can vote on in the new ENS DAO are the price oracle, and how to allocate existing and future community treasury funds. Ethereum wallet users who have created …

Synapse Bridge prevents $8M USD hack

Cross-chain protocols are continuing to face challenges, with Synapse Bridge narrowly averting a multi-million exploit. On Nov. 7, Synapse Bridge announced on Discord they had prevented a hacker from draining approximately $8 million USD from the Avalanche Neutral Dollar (nUSD) Metapool. The hacker attempted to exploit a vulnerability using the bridge to transfer assets from …

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