The Ethereum 2.0 Altair Beacon Chain update has gotten off to a successful start, with 98.7% of nodes already upgraded. On Oct. 27, Ethereum 2.0 developer Preston Vanloon tweeted that the Altair upgrade had been activated successfully. Altair is the first upgrade to the Beacon Chain since it went online in December 2020 and is likely the last before the…
Cryptocurrency exchange Crypto.com is rolling out a new ad featuring Hollywood star Matt Damon, which it plans to introduce to consumers worldwide. The fortune favors the brave ad, starring Damon amid a digital landscape of historic figures, including the Wright brothers and Sir Edmund Hillary, is aimed at reaching a global audience of potential crypto users and investors. According to…
In brief Environmental activists have claimed they were threatened by Dale Iwin, CEO of Greenidge Generation. The news follows a long and protracted spat between Greenidge and environmentalists in New York. Greenidge Generation, a company that mines Bitcoin in upstate New York, has long come under fire for allegedly harming the environment surrounding its mining facility. Now, two environmental activists…
El Salvador’s President Nayib Bukele confirmed via Twitter Wednesday evening that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market. The price of Bitcoin was around $58,800 dollars, down from breaking all-time highs to reach nearly $67,000 on 20 October, at the time of…
Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival Shiba Inu’s (SHIB) market. Notably, the DOGE price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB’s losses in the same period. On the other hand, the so-called Dogecoin Killerdropped almost 28%…
Central Retail Corp., a leading firm in Thailand’s retail industry, is testing a digital currency among its employees. After the sandbox phase is finished, the retail giant plans to extend the service to customers and the general public, according to a report by Bloomberg. The C-Coin, a blockchain-powered cryptocurrency, is being offered to 80,000 Central Retail Corp employees around the…
The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s GDP by $29 billion in ten years. Africa’s First CBDC President Buhari made bold remarks in his speech at Monday’s launch of the e-naira CBDC, stating: “Indeed, some estimates indicate…
ARK Invest, the investment firm led by Cathie Wood, moved to purchase a total of 2,240,680 shares of Robinhood on Wednesday, worth as much as $79.4 million. Data disclosed by ARK Invest shows that the purchase was spread out across the firms three actively managed exchange-traded funds (ETFs), with ARK Innovation ETF (ARKK) being the largest recipient (1,728,431 shares). A…
Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin suddenly abandons the bears Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD breaking back above $60,000 after tracking sideways since early Wednesday. The move meant that the pair cast firm doubt on recent bearish behavior, all…
The New York Stock Exchange (NYSE) continues listing Bitcoin (BTC)-linked exchange-traded funds (ETF), with Volt Equity becoming the latest company to debut such a product on the exchange. Volt Equitys Crypto Industry Revolution and Tech ETF will debut trading on the electronic securities exchange NYSE Arca on Oct. 28, the companys CEO Tad Park told Cointelegraph. The ETF will be…
