Billionaire investor and business tycoon Mark Cuban’s Ethereum wallet is becoming increasingly inundated with altcoin allocations. According to on-chain data, the Shark Tank star’s Ethereum wallet currently holds 115 altcoins, ranging from heavyweight frontrunners to relative unknowns. ADVERTISEMENT The wallet’s holdings don’t confirm that he’s invested in all 115 projects, however, as many of …
Category archives: Trending Crypto news
Rapper The Game facing $12M judgment along with execs in ICO case
Los Angeles-based rapper The Game, also known as Jayceon Taylor, is facing a $12 million judgment for his role in Paragon Coin Inc — a crypto firm alleged to have engaged in an unregistered initial coin offering (ICO) four years ago. Taylor publicly endorsed the Paragon Coin ICO on social media back in 2017. Paragon …
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El Salvador to airdrop $30 in Bitcoin to every adult citizen
The president of El Salvador has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country. The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government wil need to purchase the required BTC it intends to distribute adding more than $100 million in buying pressure on …
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Silk Road Prosecutor Spearheading $2,200,000,000 Crypto Fund – Here’s Her Case for the ‘Largest Crypto Fund Ever’
Former federal prosecutor Katie Haun is co-founding a new crypto fund. The Silk Road prosecutor was first introduced to Bitcoin seven years ago after spending her career investigating prison gangs, corrupt officials, and the mafia for the U.S. Department of Justice. ADVERTISEMENT She went on to create the government’s first cryptocurrency task force and …
Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2
Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan testnets at roughly weekly intervals — from which point the Ethereum community expects a date for mainnet …
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Beeple launches iconic ‘moments’ NFT platform with Time, Universal, and Warner
Pioneering digital artist Mike Winkelmann— better known as Beeple — has helped launch We.new, a platform selling iconic moments in sports, politics, art, and fashion as non-fungible tokens (NFTs). The platform is backed by industry giants from the world of journalism, sport, and music including TIME, Universal Music Group, Warner Music Group, Wasserman, and Endeavor. …
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Bulls on parade: Galaxy Digital and Alameda pundits tip market recovery
Senior traders from Galaxy Digital and Alameda Research are predicting the crypto market is set to recover once the recent wave of bad news stories subside. Markets have been in a downturn since mid-May, with Bitcoin (BTC) fluctuating between the low to mid $30K range. Speaking with streaming financial news provider Kitco News on June …
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Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador
U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines to establish a business model. The Chicago headquartered firm plans to invest more than $1 million to install cryptocurrency ATMs, targeting regions where residents receive …
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PlanB feeling ‘uneasy’ as 41% of his followers tip $100K BTC won’t happen this year
PlanB, the brainchild behind the Bitcoin stock-to-flow model, has revealed he is feeling “uneasy” about his renowned price predictions due to the recent downtrend in markets. The stock-to-flow (S2F) model, which has predicted BTC prices with some degree of accuracy over the past two years, has been called into question by some of his followers …
50,000 electric vehicle charging stations in Europe to offer crypto payments
Two payments firms have partnered to roll out crypto payments across 50,000 electric vehicle (EV) charging stations in Europe. The partnership is between Irish e-commerce and mobile payment solutions firm HIPS Payment Group Ltd and Vourity, a Swedish firm that specializes in unattended payment facilities such as EV charging stations. The integration of crypto payments …
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Top Trader Says He’s Buying Explosive Altcoin That’s Dramatically Outperforming Bitcoin, Ethereum and Crypto Markets
An analyst with a large following in the crypto space says he’s stockpiling an altcoin that’s significantly outperforming both Bitcoin and Ethereum during the major market downturn. The pseudonymous trader Capo tells his 135,000 Twitter followers that he is steadily increasing his supply of Constellation Network (DAG), an open source platform designed to allow developers …
Shanghai Man: China retains mining control? Alipay’s ancient NFTs and Amber’s big raise
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. So low you’ve got to reach up to touch the bottom This week in China felt like one giant mining-farm sized pile of …
Bitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill
Bitcoin (BTC) price received a boost as news that lawmakers in Paraguay plan to present a bill to make BTC legal tender spread across Twitter. Shortly after the unconfirmed news surfaced on Twitter, Bitcoin price rallied to $35,289 before slightly pulling back below the key short-term resistance level. Congratulations Paraguay • a bill has been submitted …
Portuguese national football team launches fan token with Socios
Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios. In a Thursday announcement from Socios, the platform said it will be dropping tokens for the Portugal national football team, also known as A Seleção or “The Selection,” within the next few days for local fans. As with …
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Undeterred: Ark Invest Purchasing 1,046,002 Shares of Grayscale Bitcoin Trust After Crypto Crash
Despite Bitcoin’s big sell-off, New York investment firm Ark Invest is continuing to load up on exposure to the world’s largest digital asset alongside other institutions. Ark Invest, founded by CEO and CIO Cathie Wood in 2014, has outperformed the market for years now, drawing attention from Wall Street as forward thinkers in traditional finance. …