In brief Crypto.com and FTX have already said they’re running spots. Other platforms have hinted that they’ll be joining the Super Bowl party. Just about every year, the Super Bowl brings together over 100 million viewers—most of whom don’t know their Rams from their Bengals. But they can all agree that, “Hey, that one commercial was funny” and “Honey, isn’t…
Once hailed as the “Ethereum of China,” Neo’s token price has fallen on hard times ever since the world’s most populous nation introduced a series of acute bans on cryptocurrency operations last year. In an exclusive interview with Cointelegraph, Neo’s developers — who wished to remain anonymous — explained that partners run most projects sponsored by Neo Global Development, or NGD,…
Africa-focused blockchain internet company 3air has officially abandoned the Cardano blockchain in favor of SKALE, a network powered by Ethereum, after reporting a “massive talent shortage” for Haskell developers. The skillset for Haskell, which is Cardano’s primary programming language, appears to be in short supply, according to 3air CEO Sandi Bitenc. After spending months actively recruiting for senior Haskell coders…
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80% of the Supply The U.S. dollar-pegged stablecoin has grown exponentially during the last few years…
Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at $45,500. Currently, bulls are looking to shore up their defense at the $43,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that after making a run to a weekly high at $45,500 early on Tuesday, bears managed to drop…
Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain, and digital currencies. In a Tuesday announcement, PayPal said the addition of six members to its Blockchain, Crypto and Digital Currencies advisory council would help support its current and future products as well as its goal of creating a more inclusive…
The crypto world is buzzing over the news that the Justice Department has seized billions of dollars worth of Bitcoin stolen in the 2016 Bitfinex hack—and about the 31-year-old New York woman arrested in the case. According to the FBI, Heather Morgan and her husband Ilya Lichtenstein conspired to launder funds from the hack, and spent the proceeds on gold,…
Public bitcoin miner Core Scientific produced 1,077 BTC last month, a 315% increase year-over-year as its self-mining fleet reached 75,000 bitcoin mining rigs outputting 7.5 exahashes per second (EH/s) in hashrate capacity. Core Scientific’s production increased slightly from December when it mined 1,044 bitcoin. The miner deposited all of the bitcoin it mined in January into custody; it held 6,373…
Pablo Picasso NFTs? While that might sound like a sure thing to some collectors, the recent announcement gave way to a family skirmish over use of the name, and Picasso’s great-grandson, Florian, had to clarify that they weren’t official Pablo Picasso NFTs. And now the Ethereum NFTs inspired by the legendary artist aren’t selling. In January, Florian—a DJ and music…
The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. This is the DOJ’s “largest cryptocurrency seizure to date.” In addition, two people have been arrested in connection with the hack and stolen cryptocurrency. Bitfinex Hack’s Stolen Bitcoins Seized, 2 People Arrested The Department of Justice…
