In brief The cryptocurrency market is down about 7% over the last 24 hours. Bitcoin and Ethereum have both seen losses around 8% each, while others have fallen even harder during the span. The cryptocurrency market is largely in the red today as leading coins like Bitcoin and Ethereum are both down several percentage points in value over the last…
This story comes out of PubDAO, a decentralized news wire. Last year was unprecedented for NFTs, from blue-chip collections to celebrities joining in to a huge influx of community members, the space has endured a meteoric rise compared with 12 months ago. Although that’s brought liquidity to the space, opportunities, and vast potential to grow, it’s also attracted potential scammers. Due to…
sponsored Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $380 million. Today its developers have announced that a new sales record has been set. Rome…
USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020. Circle announced Thursday that it had terminated its previous business combination terms with Concord and reached a new agreement that is expected to be finalized by Dec.…
In the emerging Web3 world, data is the most valuable commodity, and oracle solutions provide a valuable role in facilitating the accurate and secure transmission of data between blockchains and data sources. One project that is taking a different approach to developing oracles is API3 (API3), a project which harnesses application programming interfaces (APIs) to create first-party oracles through the…
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto regulation but the treasury intends to submit draft legislation despite their differences. Disagreements on Future of Cryptocurrencies Persist Between Finance Ministry…
The quick-moving volatility that the cryptocurrency market is known for reared its ugly head on Feb. 17 as ongoing tensions between Russia and Ukraine and the rest of the world walloped financial markets around and briefly plunged Bitcoin price below the $41,000 level. Data from Cointelegraph Markets Pro and TradingView shows that the crypto market was hit with a wave of selling…
Cointelegraph spoke about the nonfungible token, or NFT, market with Halsey Minor, CEO of NFT publishing platform provider Vivid Labs (VID), which is the parent company of the Live Planet production company founded by actors Ben Affleck and Matt Damon. Vivid Labs offers the VIVID NFT platform that allows creators to build NFT marketplaces on its native blockchain. According to…
Titan Mining has received a $250,000 private equity investment from Digital Finance Group.Titan operates bitcoin mining pools in different continents around the world, while DFG invests in bitcoin and cryptocurrency companies.The investment gives Titan Mining a broader reach in the industry with DFG’s portfolio of partners. Titan Mining, a next-generation bitcoin mining pool utilizing software to bridge efficiency with transparency,…
On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks the price of avalanche (AVAX)…
