Category Archive: Cryptocurrency, No picture
El Salvador to Distribute $30 in Bitcoin to Adult Citizens
Key Takeaways Every Salvadoran adult citizen who downloads the country’s official wallet will receive a free $30 worth of Bitcoin, President Nayib Bukele announced last night. The country’s Bitcoin law will come into effect on Sep. 7. If 4.5 million Salvadoran adults start using Bitcoin, it will represent a 2.5% growth in Bitcoin’s global user […]
Did John McAfee Put a Dead Man’s Switch on Ethereum?
Key Takeaways Tech entrepreneur John McAfee was reported dead yesterday after allegedly committing suicide in his Spanish prison cell. Some have speculated that McAfee had a dead man’s switch designed to leak government data upon his death. It is not clear that McAfee had such a plan, and if he did, it is unlikely that […]
Gitcoin Submits To Akita Inu Threats Over Donated Coins
Key Takeaways Gitcoin has changed its plans to sell 100% of the AKITA tokens it received from Vitalik Buterin. The Akita Inu team threatened Gitcoin with a token fork to prevent a liquidation. Under the new plan, Gitcoin will be set up a contract to sell and also burn Akita tokens simultaneously. Popular dog coin […]
Beeple Launches “Iconic Moments” NFT Project
Key Takeaways Beeple has co-founded a new NFT project called WENEW. The project will sell iconic cultural moments from the worlds of music, sport, comedy, history, and more. It launches with a selection of NFTs related to Andy Murray’s Wimbledon 2013 victory. Beeple-backed NFT project WENEW launches with a selection of moments from Andy Murray’s […]
Andreessen Horowitz Launches $2.2 Billion Crypto Fund
After successfully exiting Coinbase, venture capitalist Andreessen Horowitz has launched a new $2.2 billion crypto fund to invest in blockchain and digital asset startups. Venture Fund’s Bullish Crypto Bet Andreessen Horowitz has opened a $2.2 billion crypto fund. The American investment firm announced its new “Crypto Fund III” Thursday. The fund is co-led by Chris […]
DeFi Tokens Continue to Plummet Amid Market Slump
This news was brought to you by ANKR, our preferred DeFi Partner. DeFi continues its downward trend. Aave, Compound, and Maker are all trading in the red again today. DeFi Tokens Face Sell Pressure DeFi is suffering as uncertainty grips the crypto market. Aave, Compound, and Maker recorded losses of around 8% today, continuing a […]
Africrypt Founders Disappear With $3.6 Billion in BTC
Key Takeaways The founders of Africrypt have disappeared with $3.6 billion worth of Bitcoin. Africrypt, founded in 2019, was one of the most popular exchanges in South Africa. While police is searching for the brothers, a formal investigation can’t be started as South Africa doesn’t recognize cryptocurrencies as a financial product. In one of the […]
Ripple Wants Former SEC Member to Testify In Case
Key Takeaways Ripple aims to bring a former SEC member to court to testify. That individual could be former SEC chair Jeff Clayton or another official who has left the SEC in recent months. Meanwhile, the SEC is attempting to block Ripple’s request. This Exchange News was brought to you by OKCoin, our preferred Exchange […]
Major League Baseball Has Adopted FTX As Official Crypto
Key Takeaways Major League Baseball and FTX announce an official partnership. The partnership is the first-ever between a professional sports league and a crypto brand. The five-year deal is the latest in a growing list of FTX sponsorships. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Major League Baseball has […]
Crypto Adoption Rising Steadily Throughout Price Crash
Key Takeaways Global Macro Investor expects one billion crypto users by the end of 2023 as numbers continue to grow exponentially. Since 2019, Ethereum has seen faster adoption than Bitcoin itself. The number of DeFi users has almost tripled since the start of the year. While the gloomy market outlook is leaving investors doubting, global […]
