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Cardano founder Charles Hoskinson believes that digital assets may play an important role in offering financial privacy to Afghani citizens following the withdrawal of US forces. In a Wednesday interview with CNBC, Charles Hoskinson, a co-founder of Ethereum and founder of Cardano, expressed his expectation that “cryptocurrencies will play a […]
» Read more Dfinity’s Internet Computer has announced the release of 10,000 nonfungible tokens (NFT). Users are eligible to claim their free token Wednesday at 8 pm UTC. Conceptualized by brothers Przemek and Tomasz Chojecki, alongside Adam Stepnik, the trio was inspired to create the avatars following acronym comparisons to the 1990s hip-hop […]
» Read more Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies. In a Wednesday announcement, Standard Chartered said it would be joining crypto and digital finance industry membership body Global Digital Finance, or GDF, […]
» Read more The $4 million NFT depicting the original Doge meme is set to be fractionalized into ERC-20 Tokens, and auctioned off in pieces. The owner of the Shibu Inu depicted in the beloved meme, Atsuko Sato sold the Doge NFT for 1696.9 Ether, or $4 million on June 12 to art-focused […]
» Read more Just looking at Binance Coin’s (BNB) reported market capitalization, one might conclude that the token is the dominant asset when compared to other exchange tokens. Although there is no direct relationship between Binance’s exchange volume (or revenue) and token economics, traders seem to use it as a proxy. The controversial […]
» Read more Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin (BTC) continued to face headwinds and the digital asset trades at $47,100. The top altcoin Ether (ETH) looks poised to stage a […]
» Read more Bitcoin (BTC) continued to range below $50,000 on Aug. 31, the final day of the month, as analysts demanded higher levels in order to continue the bull run. $51,000 remains the deal-breaker for BTC Data from Cointelegraph Markets Pro and TradingView painted a dull picture for investors on Aug. 31 […]
» Read more The chief executive of crypto derivatives exchange FTX, Sam Bankman-Fried (SBF), has argued that derivatives are vital for the efficiency of the digital asset markets. In an interview with Forbes published Aug. 30, the crypto billionaire claimed that crypto derivatives are “misunderstood,” asserting that critics fail to recognise the vital […]
» Read more American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year. PayPal is looking to buy or partner with a broker-dealer to introduce its own stock trading service to compete with rivals like crypto-friendly stock trading app Robinhood, CNBC reported on Aug. […]
» Read more The decentralized finance project xToken has suffered another exploit over the weekend after hackers discovered a vulnerability in the smart contracts for its xSNX product. On Aug. 29, the xToken team reported that the attack had resulted in roughly $4.5 million worth of funds being drained from xToken’s xSNX product […]
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