California-headquartered Robinhood has submitted its amended initial public offering (IPO) filing with the SEC, showing that the broker is seeking a market valuation of as much as $35 billion in its upcoming public listing. The regulatory filing released on Monday shows that the brokerage firm will sell 55 million shares […]
Bitcoin, the world’s most valuable digital asset, lost nearly 2% of its value in the last 24 hours as its total market cap dropped below $600 billion. BTC is currently trading near its lowest level since 26 June 2021. The overall market cap of digital currencies touched a low of […]
As cameras flashed at tonight’s 27th amFAR gala at the Cannes film festival in the south of France, one-star continued to shine, the world’s second highest-selling living artist, Sacha Jafri. The lavish gala celebrated its 27th edition with host Sharon Stone as Alicia Keys gave a dazzling performance in a […]
The White House is determined to combat the perpetrators of ransomware attacks that have disrupted supply chains and other essential services recently. Though the Biden administration is considering a number of options, digital asset and blockchain-related regulation is likely to play a large part. Just as computer networks are regarded […]
Cardano price has been trending downwards. Although technical indicators predict a trend reversal, the public blockchain crypto is fighting to hold onto critical support. ADA price has also hit a monthly low of $1.15, as ADA has struggled to break over the $1.40 barrier. After a long period of bearishness, […]
“…at 21:21 UTC, in the 21st year of the 21st century on a network of 21 quadrillion units, there was a magically small exploit of US$21 on the BTC network, and nobody seems to care—at least not yet.” I wrote that line the day after someone’s BTC disappeared from their […]
IG Group has promoted its long-time employee Ilya Spivak as the Head of Greater Asia for the news and research portal, DailyFX. IG bought DailyFX in 2016, paying $40 million. The FX news and research portal was previously a subsidiary of FXCM. The acquisition deal came as a surprise at […]
Just before the antivirus tycoon John McAfee was found dead in Spain, he told the public from prison that U.S. federal authorities seized all of his assets and he had “nothing.” Now a biographer who is writing a McAfee-based biography has corroborated McAfee’s story. The author Mark Eglinton says that […]
This year’s Taobao Maker Festival — an annual event celebrating Chinese art and entrepreneurship hosted by the Alibaba-owned e-commerce platform Taobao — will showcase nonfungible tokens (NFTs) for the first time. This year’s event will see decentralized application platform Near Protocol team up with blockchain gaming firm Web3Games and Chinese […]
In economics jargon, a fungible token is an asset that can be exchanged on a one-for-one basis. Think of dollars or bitcoins — each one has the exact same value and can be traded freely. By contrast, a non-fungible object like an old house or a classic car, has its […]
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