Category: Cryptocurrency

Sep 13
Canadia’s new opposition leader is a Bitcoiner

The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance. 1065 Total views 10 Total shares Canadian politician and noted crypto advocate Pierre Poilievre has taken the helm of Canada’s Conservative Party, which looks set to give the current administration a run for its […]

Sep 13
Mean Girls set to make Web3 comeback as “crypto-collectibles”

Newly filed trademarks from Paramount Pictures suggest elements of the teen cult classic may come back in the form of “crypto-collectibles” and non-fungible tokens (NFTs). 73 Total views 1 Total shares According to tweets shared by licensed trademark attorney Mike Kondoudis, Paramount Pictures filed two trademark applications on Sept. 7 for the early 2000s teen […]

Sep 13
Tokenization of illiquid assets to reach $16T by 2030 — Report

The total size of tokenized illiquid assets, including real estate and natural resources could reach $16.1 trillion by 2030, according to the Boston Consulting Group (BCG). In a newly released report from BCG and digital exchange for private markets ADDX, authors including BCG managing director Sumit Kumar and ADDX co-founder Darius Liu noted that “a […]

Sep 12
Aussies already lost $242M to investment and crypto scams in 2022

People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams. 1935 Total views 164 Total shares Australians have continued getting duped by investment and crypto-related scams, losing 242.5 million Australian dollars to scammers so far in 2022, according to Scamwatch’s latest data.  From January to […]

Sep 12
Exchanges criticized for ‘nothingburger PR’ posts on upcoming LUNC tax burn

KuCoin, Gate.io and MEXC Global were in the crosshairs of community members as they expressed their support for the upcoming on-chain LUNC transaction burn. 3387 Total views 41 Total shares As the upcoming Terra Classic (LUNC) burning mechanism gained more hype, some crypto exchanges thought it would be a good idea to express their support. […]

Sep 12
Fireblocks records $100M+ revenue in subscriptions amid bear market

As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain and Web3 technologies. 1939 Total views 23 Total shares Fireblocks, a New York-based blockchain security service provider, made over $100 million in annual recurring revenue (ARR) this year, confirming the rising interest in the crypto ecosystem that contradicts negative investor sentiments. ARR relates […]

Sep 12
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses. After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back on the radar as a long bet. The end to an extended period of downside interspersed with sideways price action now […]

Sep 12
Indian authorities unfreeze millions in locked WazirX bank accounts

The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds. 376 Total views 18 Total shares The Enforcement Directorate of India (ED) unfroze the bank accounts of the Indian crypto exchange WazirX, according to a statement from the exchange […]

Sep 12
Crypto insurance a ‘sleeping giant’ with only 1% of investments covered

With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive. 949 Total views 9 Total shares While on-chain insurance has been around since 2017, only a measly 1% of all crypto investments are actually covered by insurance, meaning the industry remains […]

Sep 12
Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut

The Foundation stated that it is “pursuing all legal remedies to maximize asset recovery.” 1878 Total views 23 Total shares The Algorand Foundation has revealed a $35 million USDC hole in its balance sheet as a result of exposure to embattled cryptocurrency lending firm Hodlnaut, which has paused withdraws since Aug. 8.  Algorand is an […]