A major South Korean telecommunication company, KT Corp, has outlined plans to create a fully electronic documentation service, utilizing blockchain technology to contribute to environmentally conscious ambitions. The telecommunications firm currently provides around 90% of the nation’s fixed-line mobile networks, as well as a further 45% of broadband high-speed internet […]

The recent $200 billion market cap jump of cryptocurrencies has triggered massive liquidations across the crypto market. Bitcoin crossed $50,000 today while Ethereum jumped above $3,700 for the first time since 14 May 2021. The latest data published by the crypto analytics platform, bybt.com shows that more than $360 million […]

The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap new opportunities like nonfungible tokens (NFTs). The $25 million Series A funding round was led by Valley Capital Partners with the participation of Notre Dame Pit […]

The price of Bitcoin (BTC) has broken above the psychological $50,000 price level. Buyers are making a second successful attempt in ten days. The current bullish momentum has been holding for the last 48 hours as the bulls have broken above the $48,000 resistance. BTC/USD has a chance to reach […]

AnChain.AI, a security blockchain platform powered by artificial intelligence (AI), has announced a successful raise of $10 million in an oversubscribed Series A funding round and won an SEC contract to monitor crypto and digital assets. Founded in 2018 by cybersecurity and enterprise software veterans from FireEye and Mandiant, AnChain.AI […]

The Bitcoin balance on leading cryptocurrency exchanges is plunging again after a brief period of inflows in the last month. According to the latest data published by Glassnode, Coinbase saw massive BTC outflows over the last few days. The total Bitcoin balance of digital exchange Coinbase now stands at around […]

Broker-dealer app Robinhood could be in for a choppy ride if the latest comments from U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler are to be believed, indicating plans that could see the practice of payment for order flow outlawed by the regulator. In an interview published in Barron’s […]

The President of Belarus has recommended the government begin mining cryptoassets with spare electricity.  As Cointelegraph reported yesterday, using Russian news agency RBC as their source, President Alexander Lukashenko spoke at the opening of the Petrikovksky mining and processing plant on August 27, proposing that the state get involved with […]

A 12-year-old boy from London reportedly earned nearly $400,000 (290,000 pounds) by selling a series of nonfungible tokens (NFTs) during the school holidays. In an interview with Geo.tv, Benyamin Ahmed shared his excitement about being able to make money online by selling NFT artworks “without having a bank account.” Ahmed’s […]

After a 130% rally over the past month, Terra (LUNA) is one of the best-performing assets in the crypto market. At the time of writing, LUNA trades at $31.95, a little over a year ago it was barely breaking out above $1. The massive price appreciation is driven by a […]