Bitcoin Blockchain and Cryptocurrency News Center
People have been investing in gold for centuries. While the idea has long since been ditched, every single piece of currency in circulation at one point would have been backed by physical gold sitting in a vault somewhere. Gold is one of those investments that has proven itself to be stable, even in the midst […]
Since the beginning of 2021, Ethereum, the second-largest cryptocurrency by market capitalization (ETH), has increased by more than 300%. It climbed from $775 on January 1 to over $3000 in late September. This recent rise is understandable given the high level of correlation between Ethereum and Bitcoin’s price histories and Bitcoin’s price swings. However, Ethereum’s […]
In early 2022, Eminem, the 49-year old rapper, spent close to $462,000 to purchase a non-fungible token (NFT) of Bored Ape Yacht Club. He also bought the NFT that resembles him for 123.45 Ethereum, changing his Twitter avatar to a photograph of his “NFT self.” Put simply, an NFT is a form of digital art […]
Do you want to know more about token swaps? Token swaps are a process of exchanging one cryptocurrency for another. You can use tokens to buy other tokens or sell them on an exchange. There are many different types of token swaps. They all work differently depending on the platform that is used. This article […]
Bitcoin and other cryptocurrencies have become increasingly popular over the last few years. The Bitcoin price jumped from $10,764 in September 2020 to $58,734 in March 2021, all throughout the COVID-19 economic downtown. As a result, bitcoin is becoming more mainstream and regularly spoken about in the media. Sadly, many people don’t have a clue […]
The decentralized finance (DeFi) space is continuing to heat up, with the world’s first ever exchange traded fund (ETF) launching this month. Hashdex, a Brazilian asset manager, is launching an ETF fund in collaboration with CF Benchmarks to track 12 DeFi tokens. The Hashdex DeFi Index ETF will be listed on the Brazilian stock exchange […]
OpenSea, one of the largest NFT marketplace has reported in a Twitter post that more than 80% of the NFTs created for free on its platform were plagiarized from other artists, fake, or spam. The company reported that users are misusing the free minting tools on the platform to commit fraud and create spam. OpenSea […]
In 2020, Wealthsimple dipped its toes into crypto by offering Bitcoin and Ethereum trading. Now, the online investment platform is fully embracing crypto by including capabilities like hosted wallets and several other coin options to trade. Of course, Wealthsimple isn’t the first financial services company to embrace crypto, signaling that digital currencies are becoming more […]
As debates continue in the financial world if a regulatory framework should be in place for the cryptocurrency ecosystem globally, the Bank Of England has gone one step ahead to ensure that a regulatory framework is implemented in the cryptocurrency ecosystem in England. Earlier this month, central Bankers from over 44 countries’ central bankers and […]
Cryptocurrency exchange FTX saw its valuation soar to $32 billion in a new funding round announced on January 31, underscoring continued appetite for the sector. The Bahamas-based company raised $400 million in a Series C funding round – its third round in the past nine months for a total of $2 billion in venture capital […]