The asset management firm Fidelity is reportedly weighing plans to bring Bitcoin trading to individual investors on its brokerage platform. If true, this would give 34.4 million retail customers at Fidelity access to the largest cryptocurrency by market cap. Fidelity’s Next Bitcoin Foray The claim is according to people familiar with the matter who were...Read More
The non-profit organization behind the development of the Algorand blockchain infrastructure – Algorand Foundation – has confirmed a $35 million USDC exposure to Hodlnaut. Additionally, it said it is pursuing all legal remedies to maximize asset recovery from the embattled crypto lender. Despite the hole in the balance sheet, the organization does not expect to...Read More
Ethereum’s pending transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) can trigger new risks for the troubled crypto lender – Hodlnaut. The Singapore-based company was one of several firms in the crypto industry that succumbed to the pressures of the downturn after the collapse of Terra ecosystem tokens. According to a new report, Hodlnaut has warned...Read More
Sam Padilla – a Web3 Customer Engineer at Google – said the world’s largest search engine launched a countdown clock that shows when exactly Ethereum’s Merge will be complete. The second-biggest cryptocurrency protocol is on its way to shifting from Proof-of-Work (PoW) to Proof-of-Stake (PoS), something unseen in the industry so far. The move is...Read More
The past week has seen significant gains for both Bitcoin and Ethereum, with regulatory news and ETH network update playing major roles. Over the last seven days, BTC has increased by more than 12%. Since then, the top cryptocurrency has recovered the $22,000 level as of publication, a level not seen since August. It’s interesting...Read More
When Bitcoin’s dominance decreases, it means that altcoins are performing relatively well and that the total cryptocurrency market capitalization is increasing. This usually leads to an increase in BTC price as well, since more money is flowing into the cryptocurrency market as a whole. As of now, Bitcoin is trading near the $22K price range,...Read More
Starbucks – the world-renowned coffee house chain – is taking its first steps into the world of web 3. In partnership with Polygon, the company is building a blockchain-based loyalty program called Starbucks Odyssey, allowing members to purchase non-fungible tokens (NFTs) representing digital collectible stamps. Starbucks to Integrate NFTs As announced by Starbucks on Monday,...Read More
[PRESS RELEASE – Please Read Disclaimer] On 31st August 2022, Seedify, one of the biggest launchpads within the crypto sector, released $SNFTS – the Seedify NFT Marketplace token. Seedify is one of the crypto industry’s leading notable launchpads and incubators. They empower innovators and project developers through access to funding, community and partnership building, and...Read More
[PRESS RELEASE – Singapore, Singapore, 12th September 2022] In an industry first, Diners Club’s corporate note was tokenized and issued with an Automatic Market Maker liquidity pool on DigiFT Security Token DEX. DigiFT will mint 100 NFTs to commemorate its inaugural security token listing. DigiFT, which aims to provide regulated decentralized finance solutions on the...Read More
The past couple of weeks has been particularly turbulent within the cryptocurrency industry, filled with tremendous volatility across the board. And the established market leaders in the face of Bitcoin and Ethereum chart mild gains, Terra Classic’s native coin – LUNC – is up a whopping 200%. As a matter of fact, the entire Terra...Read More
Tether will be launching its stablecoin (USDT) on NEAR Protocol. With this, the cryptocurrency will be circulating on a total of twelve different blockchains. According to a press release shared with CryptoPotato, NEAR Protocol will be the next to adopt the leading stablecoin by means of total market capitalization – USDT. Commenting on the matter was Paolo...Read More
This week is shaping up to be one of the most eventful in the cryptocurrency market in a while. With how event-driven the industry has been for the past months, it’s perhaps safe to assume that volatility is likely to expand. With this said, let’s have a look at three of the major events that...Read More
At the 6M and 1Y view, the Bitcoin price chart blares “crypto winter.” Last November, it commanded $68K. Since mid-June this year, however, it’s rangebound around the $20K level. But today, just over half of holders have a net unrealized profit on hand. The Bitcoin price rallied abruptly last week, starting Wednesday. The PoW king...Read More
BPOF is a company that lives on a multi-blockchain platform that aims to be ahead of its time by participating fully in the still underdeveloped Crypto Gaming World and NFT investments. BPOF has multiple purposes such as Creating and Developing play-to-earn Crypto Games, managing any revolutionary external NFT-based crypto game or idea and evolving blockchains...Read More
