2TM Group, the parent company of Brazil’s largest cryptocurrency exchange Mercado Bitcoin, reportedly acquired a controlling stake in Portuguese-based digital asset trading venue CriptoLoja. Last year, the latter became the first platform in Portugal with an official license as a “virtual asset service provider.” Pushing into Europe According to a January 12 report by Reuters,...Read More
The reality TV star, Kim Kardashian and the boxing legend, Floyd Mayweather, are among the targets of a recent lawsuit. Filed in a Los Angeles federal court on January 7, the suit alleges that the duo and other celebrities misled investors by promoting a digital currency known as EthereumMax (EMAX). Misrepresentation of Facts to Pump...Read More
Leading Ethereum layer-2 scaling solution, Polygon, announced today that the much-awaited Ethereum Improvement Proposal (EIP) 1559 upgrade will go live on the mainnet next week. Polygon’s London HardFork Set to go Live In an official announcement on Wednesday, the India-based project noted that the upgrade, which will initiate the burning of MATIC, is scheduled to...Read More
The coin market is now surfacing from the doom of bears, as the business recovers at a steady pace. The greener monetary statistics apace with the sprawling utility and developments have instilled faith of traders and diamond hands over digital assets. In contrast, the crypto town has now come across an unnatural event, as Polkadot...Read More
Speaking to CNBC on Jan. 11, the billionaire investor said he looks for utility when researching crypto investments. He followed up with “tokens trading are the least important part of crypto” in a Tuesday tweet. Decentralized platforms leveraging smart contract technology and DAOs are his preferred choices, he stated. Tokens trading are the least important...Read More
Jeff Zeller has been named by CryptoCom NFT as its Senior Director of NFT Partnerships and Business Operations, a PR from the exchange said on Wednesday. Zeller previously occupied senior positions at Sony Music and Apple and was the director of Entertainment Partnerships and Marketing at ESPN before joining the crypto firm. New CryptoCom NFT...Read More
The Gap – a worldwide clothing retailer – recently announced the launch of its first NFT collection through Tezos. The collection features a “gamified digital experience” for creatives and lets customers digitally own a collectible Gap hoodie. The Gap Apes Into NFTs The clothing brand announced its NFT project in a statement from its site...Read More
Decentralized Exchanges (DEXs) have peaked in popularity since the debut of Uniswap on Ethereum. Unlike their centralized counterparts, DEXs offer crypto users a permissionless trading ecosystem, allowing anyone across the globe to access crypto markets with ease. Today, some of the most liquid crypto trading environments are DEXs, with notable platforms such as Curve and...Read More
The pandemic has continued to plague many countries across the world, forcing companies into taking drastic measures, such as pay cuts or laying off workers, to mitigate the effects of the virus on their balance sheets. This has left many people unemployed and devastated as they hunt for legitimate ways to generate income to meet...Read More
[PRESS RELEASE – Palo Alto, California, 11th January 2022] Pledge Finance is pleased to announce Brian Brooks as a Strategic Advisor. Brian’s impressive resume includes time as CEO for both Bitfury and Binance.US, an experience that will help Pledge become the premier platform for building long-term lending dApps for DeFi. A graduate of Harvard, Brian’s...Read More
[PRESS RELEASE – Please Read Disclaimer] Binary Cat, a decentralized platform run on the Avalanche Network where users can bet on the price of crypto assets and the relationship between them, has announced the launch of its application for mid-January 2022. You do not have to worry about having advanced technical knowledge about blockchain technology...Read More
The crypto space appears to have to undergo a deep uncertainty well as the volatility has been witnessed on both sides. Bitcoin price keeps fluctuating heavily and hence the other traditional cryptos, mainly the top 20 tend to follow the trend. Polygon, the asset which made huge noise offsets kept the upward trajectory intact despite...Read More
Dorsey continues to work on new bitcoin-related endeavors by launching a new fund to provide legal defense for BTC developers. Called “Bitcoin Legal Defense Fund,” its first activity will be to assist in the ongoing Tulip Trading lawsuit. In an email sent to BTC developers, Dorsey described the new fund as a “nonprofit entity that...Read More
Itheum, a metaverse project based on the Elrond network, recently secured $1.5 million in funding from a single investor – Morningstar Ventures. This seed round would enable the project to pursue its roadmap. According to a press release shared with CryptoPotato, the funding round is part of a $15 million initiative from Morningstar, which launched...Read More
In what can be described as an uncommon scenario, a small bitcoin miner got the block reward of 6.25 BTC. An individual with computing power of just 126 terahashes per second (TH/s). The solo miner, even with the small hashing power, was able to win the block race and receive the 6.25 BTC reward. The...Read More
Fans of the metaverse – look no further. We’ve just listed four linear perpetual swaps, which are settled and margined in USDT.This is the first time MANA and SAND perpetual swaps have been listed on BitMEX.Please see below the details of the new contracts available. Contract Contract Type Contract Size Max Order Quantity Lot Size...Read More
Jerome Powell – chairman of the Federal Reserve – appears to have reversed one of his previous positions on the relationship between CBDCs and stablecoins. Testifying in front of the US congress, he suggested that both could co-exist, without the former replacing the latter. Allowing Stablecoins and CBDCs. Powell discussed the possibility of a Federal...Read More
