Category: Cryptocurrency
Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. The Tezos network has seen impressive growth over the past 12 months in smart contract addresses and general adoption, primarily driven by non-fungible tokens (NFTs). Activity within the Proof-of-Stake ecosystem has had a spurt […]
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. 161 Total views 11 Total shares Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused […]
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India’s digital economy. 4231 Total views 76 Total shares In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022–23 as a means to boost […]
“The proposal includes very expansive language, which, together with the chair’s apparent interest in regulating all things crypto, suggests that it could be used to regulate crypto platforms,” said Hester Peirce. 770 Total views 22 Total shares Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission known by many in the space as […]
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. 4138 Total views 77 Total shares Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday. According to an official form with the United States […]
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. 1821 Total views 41 Total shares According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last […]
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties 5091 Total views 92 Total shares Fidelity, the multinational brokerage giant, released a paper on Bitcoin (BTC) titled Bitcoin First. The financial services provider calls for BTC to be treated separately […]
Bitcoin (BTC) is retaking market share from altcoins after its market capitalization dominance hit its highest since November 2021 last week. Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January. Bitcoin claws back market cap presence Having suffered on the way down from […]
The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. 3451 Total views 70 Total shares A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts. 20 […]
It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post. 545 Total views 23 Total shares Kanye West won’t be purchasing a Bored Ape Yacht Club nonfungible token (NFT) any time soon. In a strongly worded Instagram post made on Monday, Ye stated “Do […]