A number of states in the United States, including Kentucky, Texas, Alabama, Vermont, New Jersey and, most recently, New York have been cracking down on crypto lending. Depending on ones perspective, these can amount to acts of collective desperation or a foretoken of things to come. Asked about the clampdown on crypto lending firms like BlockFi and Celsius, Firat Cengiz,…
Category: News
NBA Team Dallas Mavericks and Voyager Kick Off Partnership With BTC Bonus – News Bitcoin News
The NBA team Dallas Mavericks has partnered with crypto platform Voyager and is offering its fans a $100 bonus in bitcoin to sign up and trade crypto on the partnered platform. “We’re going to come up with new ways to introduce Mavs fans to cryptocurrency and help them understand it,” said Mark Cuban, the owner of the Dallas Mavericks. Dallas…
How Lobster NFTs and a DAO Helped Give Crypto a Voice in Washington
This story comes out of PubDAO, a decentralized news wire. NFT collectibles can rapidly create communities around a shared interestor a cause. And the most pressing cause in cryptoland recently has been preparation for increased U.S. government regulation. Thats why one group took the millions of dollars it earned from NFT sales last month and gave it to a key…
Winklevoss-Backed Crypto Fund Targets $300M Investment
CMCC Global, a Hong Kong-based venture capital firm, is seeking as much as $300 million for its latest crypto fund. To achieve its goal, CMCC is attracting several investors, including crypto exchange Gemini founders Cameron and Tyler Winklevoss and billionaire Richard Li, Bloomberg reported on Friday. According to Charlie Morris, the co-founder of CMCC, a portion of the new crypto…
Users not able to sell Squid Game token clocking 45,000% gains
A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able to withdraw the token…
Axie Infinity, Decentraland, and ‘metaverse’ cryptos rally after Facebook rebrands to Meta
Facebook’s decision this Thursday to rebrand itself to Metato indicate its plans to build an avatar-filled metaversehelped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland,a virtual place with its own economy, currency (MANA), and social events, accessible to anyone with a web browser, saw its market valuation exploding from $1.44 billion to $2.08 billion…
Australia’s Top Securities Regulator Says It Will Approve Bitcoin ETFs
The Australian Securities And Investments Commission (ASIC) has given early approval to fund managers seeking to launch Bitcoin spot exchange traded funds (ETFs), according to Business Insider. Many Australian funds have already begun the application process after ASIC green lit the spot ETFs. After months of consulting with experts in the Bitcoin and crypto industry, the corporate regulators issued new…
Hackers keep getting smarter, but protecting your crypto is easier than you think
https://medium.com/media/e4067ab81f32f79dd8c2941827d8a50f/href Cybersecurity awareness month is coming to a close, but good security hygiene is a smart investment all year round. As crypto becomes more mainstream, cybercriminals who target crypto holders are also getting more creative and persistent. That’s why Coinbase’s security team has put together a simple guide for protecting your crypto and all the other valuable data you store…
Kung Fury Director’s Ethereum NFTs Let You Own Future Movie Monsters
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,…
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…