Category Archive: Cryptocurrency, No picture

Dogecoin Creator Billy Markus Is Auctioning a New NFT

Dogecoin Creator Billy Markus Is Auctioning a New NFT

Key Takeaways Dogecoin creator Billy Markus has added a new token to his weekly series of NFTs, titled “Crappy Dogecoin Doodles.” The series has been published since early June; Markus has also created several other more serious NFT items. The NFTs are minted on the Ethereum blockchain, as Dogecoin itself does not have any NFT […]
Smart Contract Allows Ethereum Blocks to be Reordered

Smart Contract Allows Ethereum Blocks to be Reordered

Key Takeaways A new smart contract allows for Ethereum blocks to be reordered. The contract has sparked debate over the immutability of blockchain technology. Ethermine, the world’s largest Ethereum mining pool, said it will not use the new contract. A Solidity developer has sparked debate after releasing a smart contract that allows for the reorganization […]
Fidelity Digital to Expand Staff by 70% Amid Crypto Boom

Fidelity Digital to Expand Staff by 70% Amid Crypto Boom

The president of Fidelity Digital Assets said that many clients are particularly interested in Ethereum.  Fidelity Digital Assets Set for Growth  Fidelity Digital Assets is building out its operation.  The asset management unit, which forms part of institutional-focussed firm Fidelity Investments Inc., is planning to grow its team by 70% due to high interest in […]
Bank of Ghana Aims to Bolster Economy with CBDC Pilot

Bank of Ghana Aims to Bolster Economy with CBDC Pilot

Key Takeaways The Bank of Ghana has announced a CBDC pilot starting in September. Launching a CBDC in Ghana could help improve the economy and financial services. The central bank said cryptocurrency technology is “very laudable.” This news was brought to you by Phemex, our preferred Derivatives Partner. The Bank of Ghana has announced that […]
Synthetix Jumps 25% on Ethereum Layer 2 Launch News

Synthetix Jumps 25% on Ethereum Layer 2 Launch News

Key Takeaways Sythetix Network’s native token has surged 150% since hitting a bottom last month. The most recent surge of 25% came over the weekend after the team confirmed it would launch on Optimism this month. SNX is aiming for over 100% gains, pending a bullish consolidation around current resistance levels at $12. This news […]
El Salvador Bitcoin Move Could Clog Network: JPMorgan

El Salvador Bitcoin Move Could Clog Network: JPMorgan

Key Takeaways JPMorgan has published a report indicating that Bitcoin adoption in El Salvador could place pressure on the network. However, Layer Two solutions are already in place to reduce network congestion. Rumors suggest the Salvadoran government is launching its own Bitcoin wallet with Layer Two integration.  A team of analysts at JPMorgan has expressed […]
$8 Million Lost in Major ChainSwap Exploit

$8 Million Lost in Major ChainSwap Exploit

Key Takeaways ChainSwap suffered an exploit last night, resulting in $8 million worth of losses. The attacker sold several tokens available on the protocol through decentralized exchanges, meaning they tanked in value. ChainSwap has paused its Ethereum to Binance Smart Chain bridge and pledged to airdrop new ASAP tokens to holders. This news was brought […]
Opinion: Binance Won’t Be Harmed by U.K. Banks

Opinion: Binance Won’t Be Harmed by U.K. Banks

Key Takeaways Binance is unlikely to be harmed by U.K. bank restrictions. Binance saw normal variation in trading volume this week, while its native token outperformed BTC and ETH. The U.K. makes up little of Binance’s user base, and it is not clear that other countries will impose similar policies. This Exchange News was brought […]
Bullish to Go Public with $9 Billion SPAC Merger

Bullish to Go Public with $9 Billion SPAC Merger

Key Takeaways Bullish plans to list on the New York Stock Exchange through a business merger with Far Peak Acquisition. The merger values the exchange at $9 billion. It’s expected to take place by the end of 2021. Block.one has raised $300 in PIPE financing on top of previous capital raise for the SPAC deal. […]
Steve Wozniak: Bitcoin is “Amazing Mathematical Miracle”

Steve Wozniak: Bitcoin is “Amazing Mathematical Miracle”

Apple co-founder Steve Wozniak showed support for Bitcoin during a presentation at a tech conference Thursday. Steve Wozniak Believes in Bitcoin Steve Wozniak has expressed support for Bitcoin, calling it a “mathematical miracle” better than gold.  Talent Land Jalisco 2021, a conference for tech entrepreneurs, invited the Apple co-founder to be a main speaker at […]