The bulls are on the march again and this time they’ve set their sights on a new all-time high for Bitcoin (BTC) price which is within striking distance of the $67,000 level. Data from Cointelegraph Markets Pro and TradingView shows that a late-night surge on Nov. 7 catapulted the price to an intraday high at $66,557 and at the time…
Month: November 2021
US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list
The United States Department of the Treasury has announced it will impose sanctions on the cryptocurrency exchange Chatex and its support network for allegedly facilitating transactions for ransomware actors. In an advisory update issued on Nov. 8, the Treasury Department Office of Foreign Assets Control, or OFAC, added Chatex as well as IZIBITS OU, Chatextech SIA, and Hightrade Finance to…
Brave to integrate with Solana blockchain on its privacy-enabled browser
During Solana’s Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users. We’ve partnered…
Mastercard launches crypto-linked cards across Asia-Pacific
Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region. In partnership with three cryptocurrency service providers, namely Amber Group and Bitkub in Thailand and CoinJar in Australia, Mastercard will offer crypto-funded payment cards that enable users to instantly convert their digital assets…
Fed board member to leave by 2022, leaving Biden to fill 3 seats
Randal Quarles has resigned his position from the Board of Governors of the Federal Reserve System, effective by the end of December. In a Nov. 8 resignation letter addressed to U.S. President Joe Biden, Quarles said he planned to leave the Fed during or around the last week of December of this year after serving at the government agency for…
FarmVille NFTs on the horizon? Zynga hires new VP for blockchain gaming
Nonfungible tokens (NFTs) scored another win with gaming giant Zyngas announcement of the upcoming integration of NFTs and blockchain into the publishers portfolio. San Francisco-based game developer Zynga, best known for its FarmVille and CSR Racing series, appointed marketing veteran Matt Wolf as its vice president to oversee the companys blockchain gaming efforts. With the addition of Wolf, Zynga will…
DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction
Decentralized finance protocol Acala announced Monday that they haveraised 8.5 million DOT (worth $451.8 million USD at time of publication) from over 53,000 participants. The protocol is also set to win the first parachain auction on Polkadot. Unlike typical crowdfunding rounds, Acala’s financing mechanism is a crowdloan, which means it will eventually need to pay back the “crypto debt” it…
BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, AVAX
Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko. Data from Santiment shows that Bitcoin whales holding between 10,000 BTC to 100,000 BTC in…
How My Proof Of Work Got Me A Bitcoin Job
Watch This Episode On YouTube Listen To This Episode: “Go to college. You won’t ever experience success if you don’t go to college.” I, as I’m sure many others have, heard this or variants of it hundreds of times. In a world where everyone is encouraged to attend secondary education, a large emphasis is placed on credentials and whether or…
BlockFi Files for Spot Bitcoin ETF with Neuberger Berman Group
BlockFi files with the SEC for a spot bitcoin ETF. The BlockFi NB Bitcoin ETF would buy and hold actual bitcoin through an undisclosed custodian. The offering sprung from a collaboration between the lending platform and Neuberger Berman Group, a $400 billion investment manager. Lending platform BlockFi filed today with the U.S. Securities and Exchange Commission (SEC) for offering a…