Bitcoin’s price today broke above $50,000 after struggling for weeks. At the time of writing, the biggest cryptocurrency by market cap was trading for $50,978.58, according to CoinGecko data, up 3.4% in the past 24 hours. It’s still 26.6% shy of its all-time high hit on November 10 of $69,044.77—but the last time it was above $50,000 was 11 days…
Three embroidery artists — Russia’s Katerina Marchenko, Brazil’s Aline Brant, and Ninni Luhtasaari of Finland — announced Thursday that they will be auctioning their nonfungible token (NFT) art pieces to support Hope for the Future, a registered charity based in Austria. Proceeds from the auction will help victims of human trafficking find entry-level work positions after their harrowing experiences. Katerina…
Wyoming Senator Cynthia Lummis, one of the United States lawmakers behind many pro-crypto pieces of legislation, is planning to introduce a comprehensive bill next year to handle digital assets. In a Thursday report, Bloomberg said Lummis’ proposed bill aimed to provide regulatory clarity on stablecoins, guide regulators as to which cryptos belong to different asset classes, and offer consumer protections.…
PwC Hong Kong, an international subsidiary of the global PricewaterhouseCoopers (PwC) organization, announced Thursday its emergence in the metaverse space with the acquisition of LAND in the popular world The Sandbox. Though the cost of its LAND asset was undisclosed, it was noted that PwC Hong Kong intends to construct a Web 3.0 advisory hub to facilitate a new generation…
It’s was a busy 2021 for the crypto industry to say the least. The year saw a tsunami of institutional investment wash into crypto, the NFT boom, and a country accept Bitcoin as legal tender. But this year has also seen its share of scams, scandals and hijinks. That’s why Decrypt has chosen to recognize not just the famous people…
Bitcoin critic Peter Schiff often tweets when BTC is posing a good buy opportunity.Amber app enabled a new feature letting its users surf on the Schiff wave. Bitcoin investment platform Amber has introduced a new feature to automatically buy BTC on behalf of a user whenever Peter Schiff, a famous gold bug and Bitcoin critic, tweets about the peer-to-peer currency.…
Terra (LUNA), an open-source stablecoin network, hit an all-time high of $20.05 billion in total value locked, or TVL, across its 13 product offerings, according to industry data. On Dec. 1, Terra’s TVL was at $11.9 billion, signifying a 68% increase in less than a month. This means that the platform’s users are investing in large quantities into the protocol…
He’s making a list and checking it twice—and thankfully, we’ve come up with some key examples of people and projects in the crypto industry that have been very nice, indeed. Whether it’s donating funds to charity, preventing hacks, or rewarding early adopters with community ownership, these folks made Santa’s crypto nice list for 2021. Vitalik Buterin Vitalik Buterin is the…
Most people might not remember that websites once had icons that said, “This site has been optimized for Internet Explorer,” but, two decades ago, it wasn’t uncommon. Just like today’s battle between Web 2.0 monopolies and Web 3.0 communities, at the beginning of the early consumer internet, there was a similar battle waged over who would own the portal to…
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department of Justice detailed: “As a result of this coordinated effort, investigators obtained the ‘private key’ … needed to access…
