In brief Solana NFT marketplace Magic Eden will accept payments in DUST and AURY for NFT purchases. DUST is the token of Solana NFT project DeGods, while AURY is the token of Aurory. Magic Eden may integrate other projects’ tokens as well. Magic Eden, the leading NFT marketplace on the Solana network, will integrate the native tokens of top Solana…
Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market. In prepared remarks released Monday for the Penn Law Capital Markets Association Annual Conference, Gensler said he had requested SEC staff to explore getting crypto platforms registered, having them subject…
On March 28, layer-1 coin WAVES was trading for under $32. By March 31, it hit an all-time high of $62.36. And just as quickly the price has headed back down to around $36, shedding 25% of its all-time mark in the last 24 hours alone. Simultaneously, the price of Waves-based stablecoin USD Neutrino has lost its peg to the…
The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears who managed to push Bitcoin (BTC) below $45,200. Data from Cointelegraph Markets Pro and TradingView shows that once the afternoon sell-off broke below support at $46,000, the price of…
The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among technologies that may require greater energy demands. According to a report released on Monday, the IPCC said cryptocurrencies, as part of the infrastructure around data centers and information technology systems related to blockchain, had the…
Intel today launched its “Intel Blockscale ASIC,” a second-generation Bitcoin mining chip announced in February. The chip features a 580 GH/s (gigahashes per second) hash rate, while consuming just 26 J/TH (joules per terahash), making it much more efficient. Hash rate measures how quickly a miner can generate answers to Bitcoin’s next block, while joules per terahash measure how much…
For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and the funds have never been spent since the first deposit on…
When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working group of seven state officials and eight trade association leaders…
Non-PFP NFTs had been cooling down over the past few months but now that Bitcoin and Ethereum have turned bullish again, altcoins and NFT-focused tokens are beginning to follow. Music NFTs are one sector of the ecosystem that is showing bullish signs this week, and Opulous (OPUL) protocol was the breakout star of the day. Opulous aims to bring aspects…
In brief Pierre Poiliviere, who is seeking to lead Canada’s Conservatives, has come out in favor of Bitcoin. He wants Canada to be the “blockchain capital of the world.” Pierre Poilievre, a front-runner to lead Canada’s opposition Conservative party, bought a shwarma sandwich on the campaign trail last week—and paid for it with Bitcoin. The move was part of a…
