The 19 millionth bitcoin has just been mined, data from Bitbo shows, leaving less than two million BTC remaining for miners to put in circulation as the Bitcoin network tick-tocks its way through a fixed issuance schedule until it reaches the 21 million supply limit and doesn’t create any new bitcoin ever again. The milestone demonstrates how Bitcoin’s creator, Satoshi…
In brief Fractal, a marketplace for Solana gaming NFTs, has raised a $35 million seed round. The platform was co-founded by Justin Kan, who previously co-founded Twitch. Justin Kan co-founded Twitch, the massive streaming video platform that redefined how many people discover and experience video games—and he believes that NFTs will have an even bigger impact on the game industry…
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a myriad of financial reports have noted that the U.S. dollar’s reserve currency status could be undermined. Moreover, there’s also the possibility of crude oil prices reaching upwards of…
The George Mason University Antonin Scalia Law School National Security Institute hosted a webinar Wednesday, March 30, titled “Crypto and National Security: How to Validate American Innovation and Verify U.S. National Security.” Journalist Laura Shin moderated the discussion. CEO of the Crypto Council for Innovation Sheila Warren, executive director of Coin Center Jerry Brito, and global managing partner and chief…
U.S. listed companies that act as custodians of cryptocurrencies on behalf of their users should account for those assets as liabilities and warn investors about the associated risk, the U.S. Securities and Exchange Commission (SEC) said on Thursday. The new guidance will apply to traditional firms such as banks or retail brokers that custody cryptocurrencies for their clients or provide…
2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis recently reported. Moreover, with the outbreak of the Ukraine-Russia war, ransomware’s use as a geopolitical tool — not just a money grab — is expected to grow as well. But, a new U.S. law could stem this…
Kraken is thrilled to announce its support for Bitcoin’s Lightning Network, which is now live for all clients. Finally, traders have an instant and inexpensive way to move bitcoin on and off the platform. Why use Lightning? While regular BTC transactions are limited by block times and can face high transaction fees, Lightning Network enables instant settlement and lower fees…
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin BTC fell for the third consecutive session on Friday, as the world’s largest cryptocurrency dropped…
Cointelegraph Magazine talks to some of the leading Metaverse founders to discover their secret sauce for Web3. Featuring co-founder of The Sandbox Sebastien Borget, co-founder of Upland Idan Zuckerman, head of metaverse growth of Unique Network Irina Karagyuar, chief marketing officer of Univers Peter Nguyen, co-founder of Alien Worlds Sarojini McKenna, co-founder of Immersys Daniel Knott, head of metaverse and…
A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin’s 70% drop in valuation in the past two weeks — and it may fall further in April. At the core of this bearish outlook is a rising wedge, a technical pattern that forms as the price consolidates upward inside a range…
