Tag: cointelegraph

Jan 09
PayPal reportedly confirms plans to explore the launch of a stablecoin

The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. 11178 Total views 112 Total shares American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in […]

Jan 09
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?

Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion. Celebrities ape into BAYC For the uninitiated, BAYC is a collection of 10,000 cartoons […]

Jan 09
5 NFT-based blockchain games that could soar in 2022

After the popularity of DeFi, came the rise of nonfungible tokens (NFTs) and to the surprise of many, NFTs took the spotlight and remain front and center with the highest volume in sales, occuring at the start of January 2022.  Growing number of unique NFT buyers on Ethereum Source: Delphi Digital While 2021 became the […]

Jan 08
Finance Redefined: Terra expanding UST and LUNA, and Aave Arc seeks institutional adoption, Dec. 31–Jan. 7

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. The new year is upon us, and the expectations for DeFi innovation, utility and mainstream adoption are greater than ever. Read on to hear about the inaugural stories of 2022. Reading this article, you’re only receiving a portion of the content from our DeFi newsletter. […]

Jan 07
President Biden sends CFTC nominations to Senate

With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. president has the opportunity to completely reshape the CFTC leadership. 755 Total views 20 Total shares The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with […]

Jan 07
$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

Terra would provide over $139 million in UST and LUNA to several leading DeFi projects on Ethereum, Solana, and Polygon for at least the next six months. 5509 Total views 36 Total shares Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its UST stablecoin across five projects on Ethereum, […]

Jan 07
GameStop shares jump 26% in after hours trade after NFT division unveiled

GameStop has reportedly hired 20 members for its new NFT division, and is close to securing partnerships with two crypto firms for NFT game development. 6703 Total views 73 Total shares The share price of Reddit’s cult-favorite stock GameStop Corporation (GME) jumped by one quarter (in after-hours trading following a Wall Street Journal report on […]

Jan 07
SEC files complaint against operator of 'unregistered' $33M Crowd Machine ICO

ICO tokens from Crowd Computer were sold to Americans as “investment contracts” according to the SEC’s complaint, which classifies them as securities. 1460 Total views 51 Total shares The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset […]

Jan 07
Vitalik proposes new ‘multidimensional’ Ethereum fee structure

Calculating different gas prices for different resource usage may streamline the current fee structure for Ethereum according to Buterin. 53 Total views 3 Total shares Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network. The proposal titled “Multidimensional EIP-1559” was laid […]

Jan 06
Bitcoin fills $42K December price wick as analyst says ‘party just getting started’

Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Open interest remains high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping overnight to hit $42,000 for the first time since December. Although not the upside breakout that many had […]