Mike Tyson bites the ear off NFTs Boxing legend Mike Tyson has dropped a series of tokenized collectibles on the heavyweight champion platform of the NFT world, OpenSea. The 55-year-old collaborated with digital artist Cory Van Lew to launch the “Mike Tyson NFT Collection,” which consists of 11 one-of-one NFTs up for auction, and six …
Category archives: Trending Crypto news
BlackRock ETFs hold $384 million of shares in Bitcoin mining firms
Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms. A June 30 filing submitted to the U.S. Securities and Exchange Commission, unearthed by Forbes, shows that BlackRock owns a 6.71% stake in Marathon Digital Holdings (MARA) and 6.61% of …
Continue reading “BlackRock ETFs hold $384 million of shares in Bitcoin mining firms”
Coinbase will buy $500M in crypto and invest 10% of all future profits in digital assets
Leading U.S. exchange by trade volume, Coinbase, has revealed plans to add half a billion dollars worth of crypto to its balance sheet. Coinbase CEO, Brian Armstrong, announced that the company’s board had approved the crypto spending spree in an August 20 tweet, adding that Coinbase also plans to invest 10% of all profits generated …
$100M funding round for Binance.us falls through on regulatory concerns
Regulatory concerns surrounding Binance.us and its owner, Changpeng Zhou (CZ), have reportedly culminated in investors backing out of a $100 million funding round. The failed funding round also prompted Binance.us CEO Brian Brooks’ surprise decision to step down after serving as its executive for just three months. Brooks, the former Acting Comptroller of the Currency and former …
Continue reading “$100M funding round for Binance.us falls through on regulatory concerns”
SEC boss says DeFi platforms are ‘highly centralized’ and will need to register
Gary Gensler, chairman of the U.S. Securities and Exchange Commission stated that DeFi is highly centralized in certain aspects and urged projects working in the sector to register with the SEC. Speaking to The Wall Street Journal on Aug. 19, Gensler suggested that the decentralized notions implied by the term DeFi were “a bit of …
Continue reading “SEC boss says DeFi platforms are ‘highly centralized’ and will need to register”
Bullish cup and handle pattern sets Cardano (ADA) price up for a new ATH
Smart contracts have been a revolutionary force in the blockchain industry because they have enabled the creation of decentralized finance protocols, nonfungible tokens and a new form of carrying out transactions without the need of a middleman. Cardano (ADA) is one of the many projects that has been gaining momentum throughout 2021 and now that …
Continue reading “Bullish cup and handle pattern sets Cardano (ADA) price up for a new ATH”
When Influencers and Crypto Meet: the Rise of the Tokenized Attention Economy
HodlX Guest Post Submit Your Post Starting in 2010, social-media influencers demonstrated how entrepreneurs could be born overnight by leveraging the reach enabled by YouTube, Instagram, and other online platforms. In many ways, these social-media mavens brought about the first wave of the internet’s democratization. Gone are the days when household-name celebrities were the only …
Continue reading “When Influencers and Crypto Meet: the Rise of the Tokenized Attention Economy”
Ethereum Creator Vitalik Buterin Joins Advisory Board of Revamped Dogecoin Foundation
Ethereum creator Vitalik Buterin is joining the advisory board of the Dogecoin Foundation, a non-profit organization that is relaunching to support the development of Dogecoin and its blockchain. The foundation is re-establishing as Dogecoin (DOGE) grows to become one of the largest cryptocurrencies with a market cap of over $39 billion. ADVERTISEMENT In a …
Coinbase creates support phone line for account takeovers
Coinbase has announced a new support phone line for customers who believe their account has been compromised by outside actors. Users will be able to speak to a live support agent, who can kick off an investigation immediately. In an industry where support tickets and emails are the standard method of communication, Coinbase expects that …
Continue reading “Coinbase creates support phone line for account takeovers”
Canadian regulator alleges OKEx operator violated securities law
The Ontario Securities Commission claimed Aux Cayes FinTech Company Limited, a legal entity in the Republic of Seychelles that operates crypto exchange OKEx, has failed to comply with the province’s law governing securities. In an Aug. 18 notice, the Ontario Securities Commission, or OSC, alleged that Aux Cayes may have engaged in illegal activity and …
Continue reading “Canadian regulator alleges OKEx operator violated securities law”
Prominent Crypto Trader Sees Bullish Continuation for Three Altcoins, Says Ethereum in Accumulation Phase
A popular crypto analyst and trader is calling for more bullish moves for three altcoins. In a new Twitter thread, the pseudonymous trader known as The Crypto Dog tells his 572,000 followers that Elrond (EGLD), which is up from around $100 to $150 in the past couple of weeks, is likely destined for bullish continuation. …
Man Says He Accidentally Deleted Keys to 20 Bitcoin Worth Nearly $900,000
A South African man who mined 20 Bitcoin (BTC) over ten years ago – when the flagship cryptocurrency was worth less than a penny – has lost it all, according to a report. Per the report by MyBroadband, the man pseudonymously named Mark Michaels acquired the 20 Bitcoin when he was in seventh grade. ADVERTISEMENT …
Continue reading “Man Says He Accidentally Deleted Keys to 20 Bitcoin Worth Nearly $900,000”
Bitcoin, Ethereum, Tron, XRP Worth $97,000,000 Looted in Massive Crypto Exchange Hack
Japanese cryptocurrency exchange Liquid Global just suffered a massive hack, losing control of tens of millions of dollars in top crypto assets, including Bitcoin (BTC), Ethereum (ETH), Tron (TRX), and XRP. ADVERTISEMENT Blockchain analytics firm Elliptic is tracking the hack and tallying up the numbers. The firm says $97 million in cryptocurrency has been …
Top Trader Predicts Monster 604% Cardano Rally, Goes Bullish on 2 Altcoins
A closely-followed crypto trader says he wouldn’t be surprised if Cardano (ADA) explodes 604% from current prices in a matter of months – under one condition. The pseudonymous trader known as Kaleo tells his 353,000 followers that if Bitcoin and Ethereum price action continues trending upwards, as many predict, Cardano will follow suit in a …
Continue reading “Top Trader Predicts Monster 604% Cardano Rally, Goes Bullish on 2 Altcoins”
Altcoins soar after Bitcoin price bounces off a key moving average
The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level. While most altcoins were …
Continue reading “Altcoins soar after Bitcoin price bounces off a key moving average”