The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital …
Tag archives: Bitcoin
Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros
The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps, …
Gaming giant Razer is considering a crypto move. And it’s “not just NANO”
The founder of Razer Inc., Min-Liang Tan, tweeted that his firm is considering using crypto as a payment method. What’s more, Min-Liang said this could cover several cryptocurrencies, not just Nano. Accepting crypto as a payment method (not just Nano) is something we’re considering. — Min-Liang Tan (@minliangtan) July 11, 2021 Razer is already in …
Continue reading “Gaming giant Razer is considering a crypto move. And it’s “not just NANO””
Baby Doge Sheds Over 40% This Week Despite NASCAR Debut and Animal Shelter Donation
The popular meme token baby doge has slid quite a bit in value even after the token’s image was plastered all over Brandonbilt Motorsports’ No. 68 Chevrolet Camaro at the NASCAR Xfinity Series in Atlanta this past weekend. On Monday, baby doge statistics show the coin has dropped 42% in value over the last seven …
California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his …
Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that the contract “creates a mechanism that allows users to pay miners to reorg the Ethereum …
Continue reading “Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract”
Logan Paul called out for promoting alleged crypto scam Dink Doink
Popular YouTuber Logan Paul catches heat for promoting a dubious crypto sh*tcoin known as Dink Doink. Earlier this month, several influencers, including members of FaZe Clan and Ricegum, were accused of hyping a pump and dump token called Save The Children. Paul’s efforts have triggered a further discussion on the role played by social media …
Continue reading “Logan Paul called out for promoting alleged crypto scam Dink Doink”
Shiba Inu frenzy: ShibaSwap TVL surges to record $1.56 billion in two days
Banking on the Floki frenzy for attracting liquidity providers, Shiba Inu (SHIB) developer’s trading protocol recorded a massive inflow of funds, but its safety concerns raised red flags. Crypto’s most notorious influencer Elon Musk tweeted on the 25th of June his new Shiba Inu will be named Floki, which resulted in a frantic launch of …
Continue reading “Shiba Inu frenzy: ShibaSwap TVL surges to record $1.56 billion in two days”
Nigeria’s June P2P Bitcoin Trade Volumes Surged Again Despite Central Bank’s Crypto Restrictions
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is the only other period when P2P bitcoin traded volumes nearly surpassed the $38 million …
Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital
After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction on Monday, July 12, and net proceeds will go to …
Continue reading “Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital”
FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats
The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses in the process. Sim swapping, account theft and tech support staff …
Continue reading “FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats”
Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell Opoku-Afari, the BOG’s deputy governor, says approval for the use of the digital currency will depend …
Asset Manager Guggenheim Lowers Bitcoin’s ‘Real Bottom’ Price Prediction
Guggenheim CIO Scott Minerd has made another prediction about where the price of bitcoin will be, a lower estimate from his previous “real bottom” price prediction. The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, returned last week with another bearish prediction for bitcoin. Minerd is also the chairman of Guggenheim Investments, the global …
Continue reading “Asset Manager Guggenheim Lowers Bitcoin’s ‘Real Bottom’ Price Prediction”
Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares of Microstrategy’s Class A common stock (MSTR). The filing states: …
Bitcoin, catfishing, drugs: How a Tinder match almost led to crypto robbery
Bitcoin (BTC) self custody provider Casa warns about physical attacks against Bitcoin holders, as they publish a blog post describing details of a recent incident. Their client’s bad Tinder experience combines elements of social engineering, sim swapping, and a more old-school drugging and robbing attack. One of our clients was targeted on a dating app …
Continue reading “Bitcoin, catfishing, drugs: How a Tinder match almost led to crypto robbery”