Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and tokens in decentralized finance. In a report released on Oct. 26, Okcoin said it had seen a 450% increase in the number of institutional customers on its platform between September 2020 and September 2021, as well…
In brief The NFL legend sweetened a thank-you package to a fan by adding a Bitcoin Brady also said the ball the fan returned would be an NFT Tampa Bay quarterback Tom Brady threw his 600th touchdown pass on Sunday, but his tight end unwittingly tossed the historical game ball to a fan in the standsmeaning Brady and his team,…
The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy, sell and hold digital assets through custodial wallets. On the…
Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.” Lots of People Elon Musk Talks to at Spacex and Tesla Own Dogecoin Tesla and Spacex CEO Elon Musk revealed Sunday…
Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it may in the future restart the practice of transacting in cryptocurrencies, suggesting Tesla is eying resuming support purchases…
Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that reward and incentive programs are one of the best ways to attract new users and protocols to a project. One protocol that has recently seen its token price rally following the release of an ecosystem development grant…
Today, Crypto Twitter influencers and media began circulating rumors that China was regretting its crackdown on crypto after Bitcoin surged to new all-time-highs in the past week. As has been well documented, Chinas Bitcoin mining ban caused an exodus of miners out of China, which once controlled more than 50% of Bitcoin’s global Bitcoin hashrate. Those of us from China,…
The peer-to-peer Bitcoin trading platform, LocalBitcoins, announced today the launch of its mobile app. The app is now available to download on Android, with an iOS version still under development, according to a press release. The company did not provide a specific launch date for the iOS app. Founded in 2021, LocalBitcoins has played a leading role in providing a…
Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability to more easily add crypto services to whatever it is they’re doing.” Mastercard’s Network Integrates Crypto Mastercard (NYSE: MA) and…
As the world population increases (the global population passed the 7 billion mark in 2011), the percentage of people who live under a democratic regime decreases. It is estimated that if things continue as they are now, in the years’ time, those who live under democratic principles and the rule of law, will comprise merely 26% of the global population,…
