Running crypto businesses is a difficult journey that is not for the faint of heart. However, according to Stephen Ehrlich, the co-founder and CEO of Voyager Digital, patience is the key, and the rewards will come in the long run. Many have invested time and money in developing crypto-related businesses. Reports detailing 2021 show that over $30 billion worth of…
South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission. South Korea is considered among the strictest crypto markets in terms of regulatory policy implementations and made regular headlines throughout 2021 for its new travel rule and Know Your…
Bitcoin (BTC) hit $44,000 overnight on Mar. 1 as a rally that began Monday sparked unexpected results. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders warns of “massive variables” for BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $44,250 on Bitstamp before consolidating, still above $43,000 at the time of writing. The move had come in two…
Binance, the biggest cryptocurrency exchange by trading volume, has announced a series of humanitarian aid actions it will take to support Ukrainians. The exchange stated it will donate a minimum of $10 million to help the Ukrainian people through the Binance Charity Foundation. Binance also announced it was kickstarting a crypto-first crowdfunding site to coordinate donations to the Ukrainian cause.…
Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a stronger-than-ever network hash rate. However, for the first time in history, global Bitcoin ATM installations in the first two months have slowed down when compared to the preceding year. Bitcoin ATM installations in the first two months…
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital Age An Islamic scholar or…
Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs). The collection, named CryptoGreymen, is on the Polygon (MATIC) Ethereum scaling network. Although each NFT is identical, they will be assigned a serial number of up to 7.9 billion to reflect the number of humans currently estimated to be living…
sponsored Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most highly regarded events of all time, one that continues to inspire over half a century later. Space travel is still far from universally available, such that even the planets and moons of our Solar…
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge…
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange. With this latest round of funding, VALR’s valuation has increased to $240 million, a 10X in growth since it raised its $3.4 million in a Series A round in July 2020. This round was led…
