Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $56,000 minimum BTC buy-in Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day. A rebound took the pair back…
In brief Non-fungible tokens (NFTs) are cryptographically unique tokens that are linked to digital (and sometimes physical) content, providing proof of ownership. They have many use cases, including artwork, digital collectibles, music, and items in video games. Cryptocurrencies, utility tokens, security tokens, privacy tokens digital assets and their classifications are multiplying and evolving right alongside cryptographic and blockchain technology. Non-fungible…
White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly double-spend bug on the Polygon network. In an Oct. 21 blog post from Immunefi, a security service that helps facilitate bug reports in decentralized finance projects, Polygon networks Plasma Bridge was at risk of having $850 million removed by a knowledgeable hacker. According…
In 1920, the toffs at the University of Oxford decided that those students with ambitions of entering public service needed a better degree to equip them for a modern, post-War world. They reasoned that, in order to understand social phenomena and govern effectively, you must have a firm grasp of philosophy, ethics and reasoning, politics and its history, and finally,…
Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through Coinstar kiosks located inside Walmart stores. Coinstar is currently offering bitcoin at more than 8,000 kiosks. Buying Bitcoin at Walmart Bitcoin can now be purchased at 200 Walmart stores in the U.S., the company reportedly said Thursday.…
Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets including decentralized finance (DeFi), nonfungible tokens (NFTs) and security token offerings for both…
Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the company announced Friday. A community-elected developer council controls $5 million worth of RLY, giving it…
In brief Reddit is building its own NFT platform, as revealed via a job posting. The online discussion community is also working on scaling its Ethereum-based crypto token rewards program. Popular online discussion community Reddit is planning to build its own platform for users to buy and sell NFTs, according to a job listing posted by the company. Reddit is…
But others, like Arca CEO Rayne Steinberg, had mixed feelings about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval ending eight years of futility on the part of U.S. fund issuers he had some misgivings about the product that finally met the approval of the SEC, specifically the fact that it was futures-based and…
The second Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the Nasdaq, opening at a price of $25.52 per share. According to the Nasdaq, digital asset manager Valkyries Bitcoin Strategy ETF, the second exchange-traded fund allowing U.S. investors direct exposure to cryptocurrency futures, opened at a price of $25.52 per share of BTF before dropping 3.3%…
