Category: Cryptocurrency

Mar 17
ApeCoin announcement surges BAYC floor price to near-ATH before correction

The BAYC native asset is claimable for a 90-day window, with each holder receiving 10,000 ApeCoins currently worth $72,000. 1366 Total views 18 Total shares The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gaming and commerce” within […]

Mar 17
Congress members concerned SEC stifling innovation with crypto scrutiny

“Overburdensome” — Eight members of Congress have expressed concern that Gary Gensler’s scrutiny of crypto firms is unfairly suffocating the industry. 4058 Total views 65 Total shares In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to United States Securities and Exchange Commission (SEC) Chairman […]

Mar 17
Internet Computer founder‘s $250M plan to help end the war in Ukraine

Williams‘ proposal is focused on using blockchain tech to counter propaganda and incentivize the Russian population via crypto rewards to get informed on what‘s taking place in Ukraine. 6340 Total views 48 Total shares Internet Computer (ICP) and DFINITY founder Dominic Williams has conjured up an oddball plan to speed up the end of the […]

Mar 17
‘We’re already buying’: Terra founder plans to obtain $10B BTC for reserves

Kwon also bullishly emphasized that its stablecoin TerraUSD (UST) backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” 5457 Total views 50 Total shares The founder of Terraform Labs (TFL) and Ethereum competitor Terra (LUNA) Do Kwon has outlined plans to accumulate a whopping $10 billion worth […]

Mar 17
Democrat division over crypto isn’t all bad news for regulation

The digital divide between those for and against cryptocurrencies is widening among U.S. policymakers. 1615 Total views 13 Total shares The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on digital currency. The lack of […]

Mar 17
NFTs liberate imagination: The gender gap that needs to be addressed

Nonfungible tokens (NFTs) have received a lot of media attention, but experts agree that their impact will go beyond selling digital artwork or tweets and alter how people communicate ideas forever. Despite its promise of shattering the mold, the worldwide NFT market is just as pale, male and old-fashioned as the conventional art industry. The […]

Mar 16
Bitcoin calls traders‘ bluff with fresh $40K fakeout as Fed decision day arrives

Bitcoin (BTC) tested traders‘ neves yet again on March 16 as a fresh spike over $40,000 ended in minutes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorts feel the burn after abrupt trip to $41,700 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly surging to highs of $41,700 on Bitstamp before instantly reversing. Two […]

Mar 16
Crypto startup employee quits after realizing telltale signs of failure

The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromise and underdeliver the big WAGMI dream. Back in December 2021, Redditor busterrulezzz thought they landed their dream job after being hired by a crypto startup […]

Mar 16
Ukraine’s president signs law establishing regulatory framework for crypto

The country’s National Securities and Stock Market Commission will determine policies on digital assets, issue licenses to crypto firms and act as a financial watchdog 1396 Total views 31 Total shares Volodymyr Zelenskyy, the president of Ukraine currently based in Kyiv, has signed a law establishing a legal framework for the country to operate a […]

Mar 16
$100M fund aims to support the growth of decentralized machine economy

The IoTeX Foundation will examine all DApp developers thoroughly to ensure that they effectively enable machine financialization. 1118 Total views 30 Total shares IoTeX, a blockchain platform focused on the Internet of Things (IoT), has announced the launch of a $100 million sustainable ecosystem fund. The new fund will back over 1,000 decentralized machine economy […]