On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s …
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Chainlink and OVR Collaborate on a $65k Prize Distribution
sponsored After OVR announced its integration with Chainlink on June 10th, now the team is proud to explain all the rules of OVR prize distribution powered by Chainlink Verifiable Random Function. In fact, OVR decided to collaborate with Chainlink VRF to determine the winner of its $15k OVR token prize extraction reserved to treasure hunters …
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Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares
Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps predicting Bitcoin will reach a long-term …
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DOJ Seeks Trial Attorney With Extensive Blockchain and Crypto Knowledge
The U.S. Department of Justice (DOJ) is seeking a trial attorney to help with the federal executive agency’s Digital Currency Initiative. The DOJ posted a job listing on the justice.gov web portal and the hired individual is expected to serve as an “expert on digital currency and blockchain technologies for the criminal division.” DOJ’s Money …
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Harmony (ONE) to host even more Sushi DeFi products, incentives, and rewards
Harmony has extended its partnership with Ethereum DeFi dApp SushiSwap, as per a release shared today with CryptoSlate. Both platforms will soon introduce new product launches, liquidity mining incentives, rewards, and hackathons in the coming months. Full Suite Of Sushi DeFi Products As Harmony reaches the second year anniversary of its mainnet release, the platform …
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‘Tokenized’ Tesla, Google, and Apple shares are coming to Solana (SOL)
Digital Assets AG, a Swiss-based firm focusing on the design, structure, and issuance of tokenized financial instruments, today announced that it is bringing its tokenized stock infrastructure to the Solana blockchain. At launch, FTX will be the exclusive home for KYC’d buyers and sellers in permitted jurisdictions to buy, sell and withdraw the 55 free-floating …
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A Bitcoin ETF is now trading on the Brazilian stock exchange
Today saw the commencement of the trading activity for QR Capital Bitcoin exchange-traded fund (ETF) on the Brazilian Stock Exchange, reports showed. ETFs are regulated and publicly traded financial instruments that track the prices of an underlying asset or basket of assets. Such products pegged to Bitcoin have been introduced in several markets over the …
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Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products …
Q2’s Banking Platform to Enable Over 18 Million Users to Buy, Sell, Hold Bitcoin
Q2’s digital banking platform, which currently powers nearly 30% of the top 100 banks in the U.S., will allow more than 18.3 million registered users to buy, sell, and hold bitcoin. Q2 Holdings Inc. (NYSE:QTWO) provides digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies globally. According to the company, …
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ExzoCoin Will Make Cryptocurrencies Accessible to Anyone, Anywhere, and at Anytime
sponsored ExzoCoin is a blockchain project promising to make cryptocurrencies easily accessible to everyone. Among the services being developed by the ExzoCoin team are a decentralized exchange, a launchpad and a solution for the healthcare sector. ExzoCoin Will Bring Back Trust to Crypto ExzoCoin is developing a number of innovative tools to achieve its mission …
Binance NFT Marketplace Launches With Artwork From Dali, Warhol and ‘100 Creators’
Cryptocurrency exchange Binance launched its NFT marketplace on Thursday. The platform allows users, including artists, creators, and crypto enthusiasts, to mint and trade non-fungible tokens (NFTs). It employs Binance’s blockchain infrastructure and features various forms of digital artwork and collectibles. NFT Collection Brings Together Celebrated Artists in a ‘Genesis’ Auction The long-awaited Binance NFT Marketplace …
FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’
U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement and market oversight. 111 Unregistered Firms Operating in the UK Britain’s financial watchdog, the …
Duo vanishes with 69,000 Bitcoin, stash worth $4 billion at peak BTC prices
Two South African brothers made away with nearly 69,000 Bitcoin earlier this year, hacking one ‘Africrypt,’ their own exchange platform, and bagging one of the biggest crypto heists in dollar terms ever. Africrypt was set up in 2019 and advertised “bumper returns” for investors. But those hopes didn’t take long to turn into broken dreams. …
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The ‘crab’ market: Bitcoin hovers near $30,000, Ethereum fails to break $2,000
The ‘crab’ market: Bitcoin hovers near $30,000, Ethereum fails to break $2,000 Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Trading Bitcoin and Ethereum prices bounced back above key support levels as ‘bulls’ took advantage of oversold conditions yesterday. But …
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Norwegian Financial Regulator Cautions About Bitcoin Investing as Price Tumbles
The Financial Supervisory Authority of Norway (Finanstilsynet) has cautioned investors about investing in cryptocurrencies as the price of bitcoin plunged Tuesday. “There is a strong need for a legal framework and investor protection if cryptocurrency is to be able to become a suitable form of investment for consumers,” the regulator’s consumer coordinator wrote. Norway’s Financial …
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