Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news, hitting a six-week low. Bitcoin Bitcoin fell by nearly 10% in today’s session,…
Global diamond mining firm De Beers has launched a proprietary blockchain-powered platform to manage its diamond production and distribution. The firm has long been at work on a blockchain system to trace, record and manage its diamond mining, production and distribution across the globe. The Tracr platform was first piloted and tested back in 2018, and the company has finally…
NFTs are taking yet another step further into the real world. Theta Labs, operator of the blockchain-based video streaming platform Theta, is teaming up with Sony to launch two types of 3D NFTs specially designed for use with the Sony Spatial Reality Display (SRD). Sony’s SRD, a tablet-like device that displays three-dimensional visuals in semi-physical augmented reality, permits users to…
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced. Central Bank of Georgia Talks Crypto Regulation With Market Players The National Bank of Georgia (NBG) is…
OpenSea, the popular marketplace for non-fungible token (NFT) projects, has reportedly fallen victim to a hack, with attackers promoting a scam within OpenSea’s Discord server. “We are currently investigating a potential vulnerability in our Discord, please do not click on any links in the Discord,” tweeted OpenSea on Friday. Do not click links in our Discord. We are continuing to…
Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot shared Friday shows fake collaboration news, accompanied by a link to a phishing site. OpenSea Support’s official Twitter account tweeted that the marketplace’s Discord server was breached Friday morning and warned users not to click the channel. Do…
May 5th was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7% while the NASDAQ slipped over 5%. Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin looks weak, one analyst and some evidence would suggest that Bitcoin is still on course to becoming…
Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour. The year-long season sees golfers compete for the top spot on Sunshine Tour’s overall leaderboard – the Order of Merit. Crypto platform Luno, which has a big footprint in South Africa…
Several NFT-adjacent cryptocurrencies, including ApeCoin and Axie Infinity, posted double-digit losses in the past 24 hours. ApeCoin (APE), the Ethereum-based token for the growing Bored Ape Yacht Club ecosystem, shed nearly 17% of its value in the past 24 hours and is currently trading at $13.30, according to data from CoinMarketCap. APE is now the 31st-largest cryptocurrency with a market…
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous organizations (DAOs), non-fungible tokens (NFTs), and Web3. GD1’s Web3 and Crypto Strategy In a boost for…
