Cyprus is becoming a hotspot for Blockchain technology. The VeChain Foundation has partnered with the accounting and consulting firm, Grant Thornton Cyprus. According to an announcement from the company, the partnership hopes to extend blockchain solutions to a variety of industries. These will largely be determined by the Cypriot company’s network of customers, but may […]
Continue Reading
Paris’ pet is forever immortalized as an NFT. Media personality and businesswoman Paris Hilton announced that she successfully auctioned a digital painting of her cat, Munchkin, for 40 ETH — worth almost $17,000. The sale was held through an Ethereum-based auction platform called Cryptograph. According to a tweet published by Hilton, money raised from the […]
Continue Reading
“You don’t have to be Dr Evil to scam someone via cryptocurrency. You can be a Mini Me.” The high-profile Twitter hack which saw malicious actors take over 130 verified accounts including Bill Gates and Elon Musk managed to be both technically brilliant and incomprehensibly stupid at the same time. It was a multi-person attack, […]
Continue Reading
That would give Bitcoin a market cap of at least $9 trillion dollars. Anthony Pompliano believes that by the end of 2029, the market capitalization of Bitcoin (BTC) will be higher than that of gold. Source: Twitter. The Morgan Creek Digital co-founder’s tweet provoked a reply from Peter Schiff: “By 2029 you’ll be lucky if […]
Continue Reading
Bitcoin price rallied to $12,470 and if $12,000 holds as support bulls will target prices north of $15,000. In the previous weeks, altcoins gained momentum while Bitcoin (BTC) was hovering against the psychological barrier at $12,000. After a few weeks of consolidation, the price of Bitcoin finally broke the resistance zone of $12,000. However, it’s […]
Continue Reading
Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability. With the coronavirus pandemic continuing to wreak economic havoc all over the world, China’s commitment to releasing its much-hyped digital yuan project — referred to as the Digital Currency Electronic Payment, or DCEP — […]
Continue Reading
Can teamwork bring together the fragmented crypto space? Huobi DeFi Labs has launched a global DeFi alliance, which is set to establish universal protocol standards for the DeFi space and improve communications within the DeFi ecosystem. The alliance will also conduct research on emerging DeFi protocols to help avoid future crises in the community. The […]
Continue Reading
A unified language for digital assets would provide the foundation for our decentralized economic and social infrastructure. Simplicity is directly proportional to efficiency; when there are fewer things to break, we expect that on average, even fewer things will do so. Asymptotically, decentralized systems are the embodiment of simplicity; they tend toward sustaining complexity and […]
Continue Reading
The company also happened to clear a Nasdaq and NYSE listing requirement in the process. Grayscale Investments, the asset manager behind the world’s largest Bitcoin trust, announced that its Bitcoin Cash Trust and Litecoin Trust are eligible for deposit at the Depository Trust Company, the largest securities depository in the world. The Depository Trust Company […]
Continue Reading
A sudden charge to $12,200 causes instant pain for shorters as one analyst described it as a “clear fake-out to take liquidity.” Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000. Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360 BTC price “clear fake-out” costs […]
Continue Reading