Raise a glass today to the twin characters behind the famous “pomp eet” cryptocurrency meme. The French television presenters died within one week of each other aged 72. According to Le Monde, the two brothers were hospitalized on Dec. 15 and transferred to the intensive care unit of a Paris hospital after contracting COVID-19. Grichka died on Dec. 28, and…
A presidential candidate in South Korea, Lee Jae-myung, is planning to fundraise using NFTs, per Yonhap News. The strategy is financial and represents a bid to attract younger voters. “As the young generation in their 20s and 30s are interested in emerging technologies, including virtual assets, NFTs and the metaverse, this type of fundraising could appeal to them,” Kim Nam-kook,…
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19 pandemic showed the world that blockchain-based digital currencies are the future, the outages…
Another promising price prediction has appeared for Bitcoin bulls in 2022. Antoni Trenchev, co-founder and managing partner of Nexo said that Bitcoin could hit the $100,000 milestone as soon as the summer in an interview with CNBC. Despite BTC opening the year with bearish price action, while the fear and greed index shows “extreme fear,” the Bulgarian business mogul set…
Consumer electronics manufacturer Netgear is integrating crypto wallet MetaMask into its Meural smart picture frame, enabling the device to display NFT artworks. Unveiling the update at the Consumer Electronics Show (CES) in Las Vegas, Netgear announced that it will enable Meural owners to connect their MetaMask wallet to their smart frame and select NFTs held in the wallet for display.…
Decentralized finance (DeFi) liquidity provider WOO Network has secured additional funds in a Series A funding round. Incubated by quantitative trading heavyweight Kronos Research, WOO Network has pocketed an additional $12 million strategic investment in a a Series A+ funding round led by Binance Labs. The fresh funding, announced by Binance Labs on Tuesday, builds upon WOO Network’s $30 million Series…
British Members of Parliament (MPs) and campaigners are lobbying the UK government to adopt a stricter stance on the burgeoning crypto industry, per iNews. “It is the Wild West, this grey area between highly leveraged financial investments on the one hand and these products which could quite easily and sensibly be considered gambling,” Conservative MP Richard Holden told iNews. “There…
As China’s central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone app stores. The People’s Bank of China (PBOC) digital currency research institute developed the “e-CNY (Pilot Version)” app, which was available for download on Chinese Android and Apple app stores on…
The price of NEAR, the native token of Near Protocol, has skyrocketed and hit a new high of $17.28 on Tuesday. The token has slightly backtracked since. Still, the token is up 15.3% in the past 24 hours, trading at $16.84 by press time, per CoinGecko. NEAR is a smart contract-enabled blockchain that uses a proof-of-stake (PoS) consensus mechanism and…
It is now 13 years since the genesis block of the Bitcoin (BTC) blockchain was created, which marked the beginning of the chain. To commemorate the occasion, the third-largest Bitcoin whale appears to be back after the new year holidays, and he or she has just completed the first sizable purchase of 2022. On Jan. 4, the third-largest Bitcoin address…
