Cryptocurrency markets rose to record highs on Wednesday, as investors continued to pile into Bitcoin (BTC) and alternative coins against a backdrop of surging inflation in the United States. The cryptocurrency market capitalization an important barometer for the health of the digital asset class reached a high of $3.11 trillion, according to Coingecko. The asset class has grown by a…
154 days ago, a mystery bitcoin mining entity spent a string of 20 block rewards from 2010 that sat idle for well over a decade. Our newsdesk has been investigating this bitcoin whale’s actions since catching the entity in 2020. Now after the June 9th appearance, on November 10, the mystery whale returned once again to spend another 1,000 bitcoin…
The non-fungible token (NFT) boom of 2021 has swept digital artists like Beeple, Pplpleasr and FEWOCiOUS from obscurity to stardom, and seen the traditional art world grappling with how to present NFT artwork to its audience. Now, photo editing and design software manufacturer Pixlr is bringing its extensive expertise and its 500 million strong global community to bear, with plans…
Speaking at a COP26 press conference in Glasgow, Scotland on Wednesday, a panoply of experts from the tech-environmental sector spoke to global citizens across the world about improving coordination and support for climate action with blockchain technology. The GloCha United Citizens Organization for Action for Climate Empowerment has been launched at COP26 as a blockchain-based quasi-international organization located in Klagenfurt,…
Crypto payments company Circle has announced the launch of Circle Ventures, a venture capital fund with the primary goal of supporting early-stage crypto projects. Jeremy Fox-Geen, the firms chief financial officer, said that “Circle Ventures is another way to contribute, and we’re excited to support our industry’s innovators and entrepreneurs and identify compelling early-stage companies, technologies, projects, and protocols to…
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Whats in a name? A whole metaverse is what one could be led to believe when looking at the buzz around Facebooks recent transformation…
After the eruption of Mount Nyiragongo volcano on 22 May 2021, a restaurant worker and a blogger teamed up in the city of Goma, Democratic Republic of Congo and taught displaced families how to use Bitcoin, TechCrunch reported. Blogger Gloire Wanzavalere went to a refugee camp that popped up in Goma, offering to give Bitcoin to displaced families. Gloire told…
Amid all the talk in crypto about “the metaverse,” the CEO of crypto exchange Kraken foresees a multiplicity of metaverses. “I don’t think there’ll be any single metaverse,” Jesse Powell said on Tuesday at the Decrypt and Yahoo Finance Crypto Goes Mainstream event, adding that games and platforms such as World of Warcraft, the NFT-powered Axie Infinity, and Facebook itself…
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues to crack down on unlicensed…
Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin, Ethereum “relentlessly up” Data from Cointelegraph Markets Pro and TradingViewcaptured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes. In step with various similar moves in recent weeks, Bitcoin not only…
