Cryptocurrency asset managers Grayscale has released a report titled “An Introduction to Solana.” The firm gives a comprehensive assessment of the project, including its history, practical applications, and an overview of its potential risks. Solana – the success story of 2021 According to CoinMarketCap, on January 3, Solana was ranked 112th with a market cap …
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While more than a quarter of American retail investors already have Bitcoin (BTC) in their portfolios, this number would likely be much higher if the U.S. Securities and Exchange Commission (SEC) approves a spot-based Bitcoin exchange-traded fund (ETF), according to Grayscale Investments. Per the third annual Bitcoin Investor Study published by the crypto investment giant …
OpenSea could be the next crypto-related company to go public after its new CFO, Brian Roberts, revealed in a recent interview that the firm was looking to raise funds through an Initial Public Offering (IPO). OpenSea is going public During the interview, Roberts, the former Lyft CFO, revealed that going public was an option for …
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The Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters of the network’s Difficulty Bomb delay to June 2022. This will give the Ethereum network another six months until it leads to the “Ice Age” …
Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International (MTI), recently released a statement that suggested the scheme is owed as much as …
sponsored Eco-friendliness and mass market accessibility cited as major factors in choosing WAX. WAX Blockchain has been chosen by Sony Pictures and AMC Theatres (NYSE:AMC) for Sony Pictures’ Spider-Man: No Way Home NFT Promotion, the first ever NFT promotion between a studio and a major theatrical exhibitor. The decision to utilize WAX blockchain was based …
Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial Services for Crypto Assets The Central Bank of Russia (CBR), known for its …
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Craig Wright, an Australian computer scientist who gained mainstream exposure by claiming to have invented Bitcoin has just won a major court case that allows him to keep BTC worth $50 billion. The jurors of Miami have ruled in favor of Wright, saving him from paying his former business partner half of the Bitcoin stash …
The extreme volatility the crypto industry experienced at the end of November was further exacerbated by massive liquidations in the futures market. According to data from Glassnode, Bitcoin plummetted from its high of $59,000 to a low of $45,000 during the weekend, putting the market down by as much as 35% from the all-time highs …
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Since the previous article on Avalanche in September—”Avalanche Gains Momentum as Blockchains Battle Breaking Out” by Footprint — Avalanche’s TVL has risen from $2.3 billion to $13.9 billion. Footprint Analytics: Avalanche TVL 1. Sustained ecosystem support The Avalanche Foundation launched Avalanche Rush on August 18, a $180 million liquidity mining incentive program that drove Avalanche’s …
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Binance founder and CEO, Changpeng Zhao, recently revealed that the crypto exchange aims to become a registered service provider in the UK in six to 18 months, reported The Telegraph. Roughly six months after the Financial Conduct Authority (FCA) warned that Binance is operating in the UK without permission, the cryptocurrency exchange revealed plans to build …
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A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market is Coming,” states that due to the upcoming tapering, the …
Binance Smart Chain, one of the leading smart contract platforms in the blockchain market, has partnered with Animoca Brands, operator and investor of several NFT based games, to launch a joint $200 million gamefi (financialization of gaming) incubation program. The two institutions will invest $100 million each to fund and ease the development of new …
Bancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial regulator, the Superintendencia Financiera de Colombia (SFC). Customers of the Colombian bank will be able to trade bitcoin, ether, litecoin, and bitcoin cash. Bancolombia to Offer Cryptocurrency Trading to Customers in …
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Join us at “Bybit Next Level”, our very own live event, happening at 8AM UTC on Dec. 9, 2021. 2021 has been a huge breakout year for cryptocurrency, not just in terms of its performance but also in its adoption. The crypto market is now worth more than $3 trillion! So what’s next? Our CEO, Ben …
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