In brief Worldcoin is billed as a new global cryptocurrency. To get a free share, you have to show “the Orb” your eyes. The digital world runs on eyeballs. Nearly every website you visit competes for readers so they can monetize your attention via ads. And one of the main players in the Silicon Valley tech scene who has helped…
In brief Mojito, an NFT commerce suite developed by Serotonin, has raised $20 million in funding. The technology powers the new Sothebys Metaverse marketplace, and the auction house is among the investors. The NFT market isnt slowing down, as evidenced by $10.67 billion of trading volume in Q3 2021more than four times as much as the first half of the…
The odds of the United States Securities and Exchange Commission (SEC) approving a Bitcoin (BTC) exchange-traded fund (ETF) before a physical Bitcoin ETF are higher than ever, courtesy of Chairman Gary Gensler’s now oft-repeated preference for the former.But here’s the issue: an ETF built around crypto futures isn’t the most efficient, economical or easiest route. Physically backed products are. They’re…
Valkyrie’s Bitcoin (BTC) futures-based exchange-traded fund (ETF) is poised to follow the launch of ProShares’ Bitcoin Strategy ETF this Friday.Valkyrie Bitcoin Strategy ETF is finally effective and is set to start trading on Nasdaq under the ticker BTF on Oct. 22, Valkyrie confirmed to Cointelegraph on Thursday.The launch comes after the United States Securities and Exchange Commission, or SEC, granted a…
Cryptocurrency adoption has been growing for a number of reasons. In emerging markets, research suggests crypto remittances are a factor, although some argue that the idea of using cryptocurrencies for these transactions is nothing more than a purist’s dream.The CEO of cryptocurrency derivatives trading platform BitMEX, Alexander Höptner, predicted earlier this month that by the end of next year, at…
In brief The AP will use a Chainlink oracle to automate news distribution. Data will be secured using Chainlink technology. The Associated Press, a collective of more than 1,300 newspapers and broadcasters, is moving further into decentralized news and publishing. Today it announced a partnership with Chainlink Labs, and the AP is now launching its own Chainlink node to provide…
Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US.On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%.“Shouldn’t be happening”In what traders call a “scam wick,” the one-minute BTC/USD differed dramatically from other major exchanges,…
FTX, the second most popular crypto exchange after Binance, has announced its riding on a new valuation of $25 billion after raising $420,690,000 in a funding round of 69 investors, including the Ontario Teachers Pension Plan and asset management giants BlackRock and Tiger Global. The new funding round comes just three months after FTX raised $900 million in a Series…
We’re all familiar with the “energy waste” and “carbon emissions” narratives around Bitcoin mining. “It wastes energy!” “It’s a carbon emitter!” Obviously, Bitcoin is a unique and terrible attack on the environment at a scale previously unheard of in human history. But now the “Bitcoin is anti-environmental” narrative is now starting to shift towards “e-waste.” This, in the wider context…
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market Cap The digital currency ethereum (ETH) came awfully close to…
