True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets. On Feb. 6, the decentralized autonomous organization of Ethereum Name Service, or ENS, asked users to weigh in on what actions, if any, should be taken against…
Valkyrie Capital’s Bitcoin Mining ETF focused on renewable energy has been approved by the U.S. Securities and Exchange Commission, and it’s set to go live Tuesday on the Nasdaq under the ticker “WGMI”—a crypto community acronym for “We’re gonna make it.” The Valkyrie Bitcoin Mining ETF primarily is focused on companies that use at least 77% renewable energy. According to…
sponsored Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT land plots, develop a new world, drive its economy and uncover the mysteries of the Moon’s dark side. The limited collection at the best possible value of 1000 land plots launches today. Launching today the first 1000 NFT lands…
The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave, Maker, and Compound. These platforms, however, still are facing issues when it comes to collateral requirements and volatile digital assets. Hashstack Finance…
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and more than 40 VC Firms…
Cash App has integrated the Lightning Network.All users can now instantly send bitcoin across the world.Spiral’s Lightning Development Kit is empowering Cash App’s integration. Users of Block’s mobile payments platform Cash App can now make instant and free bitcoin payments through the Lightning Network, the company tweeted on Monday. The integration of Bitcoin’s second-layer protocol for faster and cheaper transactions…
The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of several positive developments, including the announcement that “Big Four” auditor KPMG has added BTC and Ether (ETH) to its corporate treasury. Data from Cointelegraph Markets Pro and TradingView…
Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet. In a Monday report titled, “Cryptocurrencies — Too early or too late?” the banking giant referred to cryptocurrencies as “viable investments,” but hinted there was no rush…
FTX, a leading cryptocurrency exchange, said it’s giving away hundreds of thousands of dollars in Bitcoin through a tie-in with its Super Bowl commercial. Four contest winners, according to a series of teaser trailers posted Monday, will split a number of coins based on exactly when the ad appears in the Eastern time zone—so if FTX’s commercial airs at 9:02…
Cryptocurrency exchange FTX will give free bitcoin away during its upcoming Super Bowl ad on Sunday, the company said on a Monday tweet. “How much? $1 million worth?! $1.5 million worth?!!?! We don’t actually know yet,” FTX tweeted. “The later our Big Game ad airs, the more #bitcoin you can win. See you Sunday!” Four lucky winners will be selected…
