In a massive boost for Cardano, data unveiled by multi-asset broker eToro shows ADA has taken BTC’s place as the most held crypto token on the trading platform. Due to its limited store of value use case, some believe it’s only a matter of time before Bitcoin loses its crown. Are we about to witness …
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This week on Cryptonites saw host Alex Fazel catch up with Peng Zhong of Tendermint, a developing and code maintaining company of high-speed blockchain Cosmos. Zhong has a long history in the Tendermint and the Cosmos ecosystem joining co-founders Ethan Buchman and Jae Kwon as Tendermint Inc’s first employees in 2015. His deep understanding of …
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The crypto industry keeps entering into mainstream venues via professional sports leagues, athletes, and teams this year. On Wednesday, the Boston Celtics revealed a partnership with the blockchain provider Socios.com. Socios.com to Serve as the Presenting Partner of the NBA’s Boston Celtics On July 7, Socios.com, the blockchain firm that offers fans a chance to …
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The cryptocurrency exchange Crypto.com has revealed the company has entered a partnership with Ultimate Fighting Championship (UFC) as the firm’s global fight kit partner. Reports stemming from people familiar with the matter say the partnership is a ten-year deal worth $175 million and the UFC’s largest sponsorship deal to date. UFC Names Crypto.com First-Ever Global …
In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to 300 digital yuan users. The banks are also giving away small …
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Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. Slower Rollouts and Sluggish Adoption Spotlighted by Critics Cardano, the fifth-largest cryptocurrency by market capitalization and self-titled third-generation blockchain initiative, has no shortage of …
Data from analytics firm Chainalysis shows that in May, Nigerians received a marked increase in crypto compared to last December. Observers say this is partly due to the central bank’s recent currency devaluation, which weakened the naira to its lowest ever level against the dollar. The resulting boom in crypto activity lends support to the …
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South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats arising from their interaction with the crypto space. A number of institutions are adopting unprecedented measures including the integration of blockchain technologies, Korean media reported. South Korean Banks Boost Cybersecurity …
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On Wednesday, the full-service entertainment company founded by influential hip-hop artist Jay-Z, Roc Nation, revealed the firm has purchased tokens from the Sensorium Corporation. The tokens Roc Nation bought are called senso (SENSO), the in-platform currency of Sensorium Galaxy, an entertainment-focused metaverse that fuses cryptocurrencies with virtual reality (VR). Roc Nation Enters Sensorium’s Blended World …
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The eccentric 75-year-old cybersecurity tycoon John McAfee’s death has spurred a lot of controversy and speculation since he passed. Now McAfee’s widow Janice McAfee is speaking out and she doesn’t believe the mainstream media’s reports of her husband’s suicide. Moreover, reports now say that McAfee was carrying a suicide note in his pocket when he …
sponsored 2021 continues to bear witness to the continual rise in non-fungible token (NFT) prevalence and innovation. Following on from 2020 – where the NFT market was claimed to have tripled in total transaction value – NFT sales in just the first quarter of 2021 reached over a whopping $2 billion. As the NFT market …
Continue reading “Musée – the User Owned NFT Marketplace and Gallery”
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. A limit on how much money citizens can pay …
Cardano (ADA) adds 50,000 new ‘staking’ addresses in just 3 weeks According to data aggregation platform PoolTool, Cardano (ADA) added more than 50,000 staking addresses in three weeks’ time, reflecting a substantial 8% growth in less than a month. 2 min read → Go to Source
Data compiled by Chinese journalist Colin Wu shows a sharp drop over the weekend in Ethereum reserves held on exchange wallets. The trend has continued downwards over the course of this week, leading some to ask, what is going on with the second largest cryptocurrency? Source: Twitter.com What is signaled by dwindling Ethereum exchange reserves? …
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Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried by local media explains, this threat from fintech services stems from their growing popularity with “tech-literate” customers. According to CMB …
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