Category: Cryptocurrency

Jan 12
First DEX on Oasis Network hits $100M TVL in 24 hours

The successful launch of YuzuSwap on Oasis Network suggests that demand for decentralized exchanges continues to grow following a record-breaking 2021. Source: Cointelegraph

Jan 12
IMF: Bitcoin matured to ‘an integral part of digital asset revolution’

Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. 6247 Total views 107 Total shares Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin […]

Jan 12
Mercado Bitcoin operator acquires Portuguese crypto exchange

After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe. 2495 Total views 77 Total shares Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal. The company officially announced […]

Jan 12
Bitcoin exchange outflows see biggest daily spike since September 2021

Almost 30,000 BTC leaves major exchanges in a single day as buyers copy miners in taking the BTC supply off the market. 5747 Total views 43 Total shares Bitcoin (BTC) investors are voting with their wallets as one-day outflows from major exchanges near 30,000 BTC.  Data from on-chain analytics firm CryptoQuant shows that on Jan. […]

Jan 12
A third of Americans to buy Bitcoin by end of 2022, says Ric Edelman

The future’s bright for Bitcoin according to Ric Edelman, founder of financial advisory outfit Edelman Financial Engines. 2584 Total views 40 Total shares Bitcoin (BTC) bull and Edelman Financial Engines founder Ric Edelman has made some promising predictions about the future of the seminal cryptocurrency. In an interview on CNBC program ETF Edge on Monday, Edelman […]

Jan 12
Cash App integrates Bitcoin Lightning Network for faster BTC transfers

The Layer 2 protocol addresses the historic limitations of the BTC blockchain to improve speeds while reducing the costs associated with the transactions. 488 Total views 19 Total shares Popular mobile payment service Cash App has integrated the Bitcoin (BTC) Lightning Network as a part of an update, allowing faster and cheaper BTC transfers using […]

Jan 12
Tiny Bitcoin miner defies massive odds to solve a valid block

Despite having a modest hashrate capacity of about 126 TH/s, the lucky miner won the crypto equivalent of the lottery and took home 6.25 BTC worth about $266,000. 5161 Total views 40 Total shares A single Bitcoin miner from the Solo CK mining pool has defied the odds after successfully adding a new block on […]

Jan 12
Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs

“As an artist, we need a certificate of authenticity to connect to the art. NFTs act as a certificate of authenticity and create value and legacy,” said Jerome Baker Designs Founder and President Jason Harris. 930 Total views 45 Total shares Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a […]

Jan 12
Animal Concerts partners with Korea’s Klaytn: K-pop in the Metaverse?

The US-based Metaverse concert organizer Animal Concerts has partnered with South Korea’s Klaytn blockchain network to bring leading global music entertainment stars to the Metaverse. 652 Total views 84 Total shares Metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure to the Korean entertainment industry and […]

Jan 12
Meta poaches staff from Microsoft and Apple for Metaverse plans

According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft […]