In brief Kung Fury director David Sandberg is releasing a series of NFTs timed to Halloween. Each original character created for the NFTs could appear in his future films. The crowdfunded 2015 YouTube featurette Kung Fury was wild and wacky, ready-made for memes, and it cultivated an ardent fan basequalities that describe many popular NFT collections as well. Given that,…
Author: Crypto Superhero
Ethereum Captures New All-Time Price High ETH Market Cap Surpasses $510 Billion – Market Updates Bitcoin News
Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position. Ethereum Reaches New All-Time Price High The second-largest crypto market capitalization belongs to ethereum (ETH) with…
Bitcoin Personal Server Developer Umbrel Raises $3 million In Seed Round
Today Bitcoin personal server and node developer Umbrel announced it has raised $3 million in seed round funding. The funds will be used to accelerate development at Umbrel and to build out the team at the startup. Mayank Chhabra, cofounder and CEO at Umbrel commented, “The cloud doesn’t exist. It’s just someone else’s computer. As people de-cloud over this decade,…
Major Russian bank explores crypto investment amid strong demand
Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the banks brokerage portal is considering projects related to cryptocurrency investment but its too early to discuss specific ideas. The company is now working on…
Huobi closes crypto derivatives as part of wind-down for Chinese traders
Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned. Earlier this month, cryptocurrency exchange announced on its website that it will settle all futures, contracts, and other derivatives activities for all Chinese consumers today, as part of the larger plan to cease operations in the country. According to previous announcements, Huobi, China’s…
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest – Mining Bitcoin News
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next five years. Kazakhstan Makes Millions From Cryptocurrency Miners Kazakhstan’s growing coin minting industry has…
Decentraland Up 44% as Metaverse Tokens Surge in Wake of Facebook’s Meta Rebrand
Cryptocurrencies associated with the metaversea persistent, virtual shared universesaw double-digit gains over the last day, in the wake of Facebook’s announcement that it would rebrand as Meta, with a mission to “bring the metaverse to life.” Decentraland’s MANA token led the pack, with 24-hour gains of over 44.6%, bringing its price to around $1.15. The Sandbox’s SAND rose by 21.5%,…
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40 billion AUM
Grayscale could launch its Bitcoin (BTC) exchange-traded fund (ETF) as soon as July 2022, one of its executives has said. Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscales global head of ETFs, David LaValle, gave a nine-month timeline for approval by U.S. regulators. Grayscale: Now’s the time to file for ETF Grayscale, which runs the largest-volume…
Australian securities regulator issues guidelines for crypto ETPs
The Australia Securities and Investments Commission (ASIC) has issued its response to public consultation on cryptocurrency exchange-traded products (ETPs) alongside fresh industry guidance. On Oct. 29, the regulatorreleased a set of regulatory requirements for funds looking to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products, following months of industry consultation initiated in late June. According to the official…
Cream Finance Suffers $130 Million Hack – Bitcoin News
Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol has suffered in its history, being exploited for $36 and $29 million before, respectively.…