Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT” was selected as Collins Dictionary’s word of the year for 2021. Given the…
Bitcoin 2022 is set to be the largest Bitcoin event in history, exploring the technological advancements, financial empowerment and countercultural influence that surround this open-source technology. To keep up with the latest news and impact that Bitcoin 2022 is having, check out the live stream above and Bitcoin Magazine’s ongoing coverage of all the biggest stories below. Bitcoin Pioneer Ross…
Binance.US, the American partner of Binance, the world’s largest cryptocurrency exchange by trading value, has completed its first-ever external funding from investors like Circle Ventures. Binance.US has raised more than $200 million in a seed round to reach a pre-money valuation of $4.5 billion, the firm announced to Cointelegraph on Wednesday. Circle’s venture arm Circle Ventures joined the funding round.…
In brief Binance’s US subsidiary announced a “seed round” of more than $200 million. The new funding signifies the company is serious about building out its North American operations. The U.S. subsidiary of Binance, the world’s biggest crypto exchange, announced on Wednesday that it raised more than $200 million from the venture wing of Circle and other investors, including VanEck…
Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers. According to Bloomberg, the service is known as BCAM and will serve institutions, family offices and high-net-worth individuals. BCAM was founded in collaboration with Altis Partners, a futures portfolio manager that also manages investment portfolios using blockchain technology. Blockchain.com is the underlying…
Ross Ulbricht, the former operator of early darknet bitcoin marketplace Silk Road, will be auctioning a collection of four original oil paintings and an animation consisting of 318 hand-drawn frames at Bitcoin 2022. He created the series, called “The Growth Collection,” as he continues to serve a double-life sentence plus forty years in federal prison for his role in Silk…
The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the Australian cryptocurrency exchange, the crypto market’s growth in 2021 was driven by utility. The BTCM Investor Study Report 2021 is an in-depth analysis of data from the BTCM exchange for the year 2021, divided…
The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies fail to address it. …
Marathon Digital Holdings, a Bitcoin mining company in the United States, has announced its intent to transition its existing facility in Hardin, Montana, to new locations with more sustainable energy sources. The move is part of the company’s commitment to reach 100% carbon neutrality by the end of 2022. “Marathon committed for our mining operations to be 100% carbon neutral…
The United Nations High Commissioner for Refugees (UNHCR), a UN agency for refugees, has accepted its first-ever crypto donations toward humanitarians aid for Ukrainians fleeing the war-torn nation. UNHCR accepted $2.5 million in Binance USD (BUSD) stablecoin donations from Binance Charity that would be utilized to rehabilitate and support refugees fleeing to neighboring countries from Ukraine. According to a report…
