Category Archive: Cryptocurrency, No picture
Ethereum Surges 10% as EIP-1559 Draws Closer
Key Takeaways Ethereum rallied 10.2% Sunday night. Much of the crypto market also saw gains, with Bitcoin rising 5.5%. Ethereum’s highly anticipated EIP-1559 update is due to ship in July. Ethereum has rallied 10.2% in the last 24 hours, breaking the key psychological resistance of $2,000. Ethereum Sees 10% Surge Ethereum surged over 10.2% Sunday […]
Elon Musk and Jack Dorsey Are Ready to Talk Bitcoin
Key Takeaways Jack Dorsey, CEO of Twitter and Square, has announced a Bitcoin conference called the “The B Word.” Elon Musk, CEO of Tesla, has agreed to discuss Bitcoin with Dorsey when the event takes place next month. The conference will take place on July 21, 2021. Two popular tech leaders are preparing to discuss […]
Meson Network Raises $3.5M for Bandwidth Marketplace
Another crypto project closes a successful funding round. Meson Network Completes Raise Meson Network, a project focussed on building an efficient bandwidth marketplace for Web3, has raised $3.5 million in a funding round. The round was co-led by Libertus, Mask Network, and Hash Global, while other participants included Digital Currency Group, Youbi Capital, Hashkey, Zonff, […]
Jay-Z Selling Debut Album NFT at Sotheby’s
Iconic auction house Sotheby’s today begins the auction of a Jay-Z-commissioned NFT titled “Heir to the Throne.” Jay-Z Marks 25 Years of “Reasonable Doubt” Shawn “Jay-Z” Carter is the latest celebrity to join the NFT craze. Sotheby’s and Roc Nation will auction a one-of-a-kind digital portrayal of the cover for Jay-Z’s debut studio album “Reasonable […]
Japanese Regulator Issues Warning to Binance
Key Takeaways Japan’s financial regulator has published a formal warning to Binance, the world’s largest exchange. The warning states that Binance engaged as a crypto exchange business without registering with the regulator. In 2020, Binance confirmed it would phase out its service to Japanese residents. Japan’s Financial Services Agency has issued a warning against Binance for […]
SEC Delays Robinhood IPO Due to Crypto Ties: Report
The SEC has reportedly delayed Robinhood from holding an IPO due to concerns over the trading’s app crypto business. Robinhood IPO Affected by Crypto The Securities and Exchange Commission (SEC) has stalled Robinhood from holding an IPO due to the firm’s crypto pursuits, Bloomberg has reported. According to sources quoted in the report, the U.S. […]
FTX Exchange Reportedly Looking to Buy into Stocktwits
Key Takeaways FTX is reportedly in talks with Stocktwits over a $20 million investment deal. The deal also comes with the option for FTX to obtain Stocktwits outright. The move follows a long list of previous sponsorships as FTX looks to promote its services to a broader audience. This Exchange News was brought to you […]
El Salvador to Distribute $30 in Bitcoin to Adult Citizens
Key Takeaways Every Salvadoran adult citizen who downloads the country’s official wallet will receive a free $30 worth of Bitcoin, President Nayib Bukele announced last night. The country’s Bitcoin law will come into effect on Sep. 7. If 4.5 million Salvadoran adults start using Bitcoin, it will represent a 2.5% growth in Bitcoin’s global user […]
Did John McAfee Put a Dead Man’s Switch on Ethereum?
Key Takeaways Tech entrepreneur John McAfee was reported dead yesterday after allegedly committing suicide in his Spanish prison cell. Some have speculated that McAfee had a dead man’s switch designed to leak government data upon his death. It is not clear that McAfee had such a plan, and if he did, it is unlikely that […]
Gitcoin Submits To Akita Inu Threats Over Donated Coins
Key Takeaways Gitcoin has changed its plans to sell 100% of the AKITA tokens it received from Vitalik Buterin. The Akita Inu team threatened Gitcoin with a token fork to prevent a liquidation. Under the new plan, Gitcoin will be set up a contract to sell and also burn Akita tokens simultaneously. Popular dog coin […]
