The first wave of COVID-19 vaccines are rolling out globally, with an estimated 65 million doses already administered according to Bloomberg. It’s a sign of relief for many the world over, but some of the vaccines require very careful handling and storage to be viable. The first vaccine approved by Read more…
The cryptocurrency investment firm Galaxy Digital is planning new funds for Ethereum’s native coin, Ether. According to documents shared with clients, and reviewed by The Block, the firm is launching a vehicle called the Galaxy Ethereum Fund, along with two other ETH-focused funds geared toward onshore and offshore institutional investors. Read more…
In a new interview with CNBC’s Squawk Box, former Goldman Sachs CEO Lloyd Blankfein said there’s reason to be skeptical about Bitcoin. “It could work,” Blankfein told host Andrew Ross Sorkin. “But, really, at the end of the day, currency is supposed to accomplish a couple of things. It’s supposed Read more…
Miami Mayor Francis Suarez said this morning that he’s hired the city’s first-ever Chief Technology Officer. The move appears to be part of Suarez’s larger effort to turn Miami into a hub for tech entrepreneurs and companies, including crypto startups. Saif Ishoof, Suarez’s pick for the job, is a Miami-based Read more…
George Mandrik, one of the earliest “OG” Bitcoin (BTC) adopters, began his crypto journey by selling baklava, the popular Turkish pastry dessert, for BTC back in 2011, he reminisced during the latest episode of the “Stephan Livera Podcast” published today. “By the end of 2011, I heard about Bitcoin when Read more…
With the explosion of interest in decentralized finance (DeFi) in recent months, decentralized exchange platforms have become increasingly popular as a way to exchange crypto assets and earn a passive income. Powering these decentralized exchanges are DeFi protocols such as Balancer, an automated market maker (AMM) that has enjoyed a staggering Read more…
It’s a big year for Bitcoin spin-off Litecoin. The cryptocurrency—often described as the silver to Bitcoin’s gold—celebrates its tenth anniversary in October. Recently, Decrypt sat down with Litecoin’s founder Charlie Lee, an MIT graduate and Google veteran, to find out just what’s so great about the cryptocurrency he designed. We’ve Read more…
The stock of crypto mining company Marathon Patent Group jumped 7.7% in pre-market hours today, soon after it announced its purchase of over $150 million worth of Bitcoin. It trades at $19.86 at press time. The surge added to Marathon’s 2,800% stock rise over the past year—from nearly $1 to Read more…
Google searches for “Bitcoin” in Argentina have surged skyward in the past few months, data from the search engine giant shows. It follows Bitcoin’s price rise from under $4,000 to over $41,000 in the past year but outperforms searches in other countries. Argentina’s Google Trend searches for #Bitcoin going ballistic Read more…
The total market capitalization of all decentralized finance (DeFi) tokens has exceeded $45 billion today, according to crypto metrics platform CoinGecko. The total market cap of DeFi tokens. Image: CoinGecko Market capitalization is an asset’s current price multiplied by its total supply—a metric that lets you compare multiple coins that Read more…
Bitcoin is now harder to mine than ever before, as the mining difficulty of the largest cryptocurrency by market cap has hit a new all-time high above 20.8 trillion, according to data provided by Bitinfocharts. This represents a 1.05% increase since the last readjustment on January 9, when the mining Read more…
Hardware company QNAP issued an advisory to clients last week after finding an ongoing attack on its network-attached storage devices (or NAS devices, which connect to the internet), as per a report on security outlet Bleeping Computer. The attack sees affected devices illicitly mine Bitcoin. QNAP warns users of a Read more…
January is all about Ethereum. The world’s second largest cryptocurrency by market cap has been surging in 2021, and over the weekend, broke through its previous all time high of $1,439. A record it set only a week before. In fact, on January 1, Ethereum’s price sat around $730, but Read more…
Some hefty whales have been detected in the waters of the Ethereum blockchain. The Ethereum balance on top-tier crypto exchanges reached a 15-month low of 15.4 million ETH ($20.5 billion) according to a tweet from crypto analytics team Glassnode on Saturday 23. #Ethereum $ETH Balance on Exchanges just reached a Read more…
Non Fungible Tokens—cryptocurrency tokens that are provably unique—are all the rage right now. They have become for many artists an exciting new medium of expression—and an impressive source of income that have thrived from Bitcoin’s bull run. Established artists like Rick and Morty creator Justin Roiland, late enigmatic rapper MF Read more…
Bitcoin’s realized volatility has reached levels as high as March 2020, the month in which Bitcoin crashed due to COVID-19, according to data from analytics company Skew. Bitcoin realised volatility continue to climb, highest since 2020 March crash. pic.twitter.com/iz5ADzFoYZ — unfolded. (@cryptounfolded) January 24, 2021 ‘Realized volatility’ refers to the Read more…
It’s not a secret that in China, Polkadot resembles a newer, better EOS, the public blockchain that swept the Chinese crypto ecosystem in 2018. Both projects have inspiring foreign—in particular Caucasian leaders—who frequent China’s blockchain conferences and cocktail parties. (I don’t want to sound racist but the fact that they Read more…
Vaping and crypto: name a more Gen Z duo. Today, Puff Bar, a vaping brand that sells fruit-flavored nicotine huffers, said that it will use crypto to stop people from selling knock-offs of its devices. The brand posted on Reddit this week that it will be “using Vechain Technologies $VET Read more…
Hoooorrayyyy!!! Profit for everyone in the crypto market today, which today is a sea of green in these choppiest of choppy waters. Coins that power decentralized finance protocols performed the best, but in a day of profit for all that concludes a week of heavy casualties, it’s difficult to say Read more…
A happy day for LINK owners today as a hefty growth spurt of over 15% in the last 24 hours takes Chainlink’s LINK token to $25, a new all-time high. Eagle-eyed Link Marines (holders and champions of the coin of the realm) saw the writing on the wall at the Read more…
A 48-year-old man from Daly City, CA, claims to have lost approximately $27,000 of Bitcoin in a SIM swapping crypto scam. According to KTVU FOX 2, the man, as-yet-unnamed, called Daly City police on January 14 to report that he received a text from a person purporting to represent telecommunications Read more…
Jack Dorsey, CEO of social media company Twitter, is a noted fan of Bitcoin’s use of decentralization to strengthen the blockchain network. Now, Dorsey’s plan to build a “decentralized standard for social media” is starting to take shape, with contributions from Protocol Labs, the company that’s produced the censorship-resistant InterPlanetary Read more…
Hip-hop star Soulja Boy is getting more involved in the crypto space by the day. After telling his huge online following to buy Dogecoin, the “Crank That” hitmaker has now disclosed his portfolio. thanks guys, bought some BNB, DGB, TRX, KLV, ZPAE and FDO what’s next? let’s go — Soulja Read more…
Valkyrie Digital Assets, the crypto subsidiary of investment firm Valkyrie Investments, has filed an application for a Bitcoin Exchange Traded Fund with the US Securities and Exchange Commission. Valkyrie’s application, filed yesterday, makes it the second firm to apply for a Bitcoin ETF after VanEck resubmitted its application last month. Read more…
Coinbase will hold a secondary market for its private stock on the Nasdaq, according to reports. The exchange informed shareholders that they would receive further details about the sale on Monday, The Block reported today. Secondary markets typically allow employees, former employees and others who hold stock in a private Read more…
On January 3, 2009, when the sun was in Capricorn and the moon in Aries, pseudonymous programmer Satoshi Nakamoto pushed the Bitcoin blockchain live, creating its Genesis Block and calling it into existence. Twelve years on, 22-year-old TikTok astrologer Maren Altman—who is adored by her 1.1 million mostly female audience—believes Read more…
Bitcoin has had a crazy week. Having briefly sunk to $28,900, the lowest price it’s been since before January 4, Bitcoin quickly recovered to reach highs of $33,800 yesterday. Today its price has stabilized to around $31,500, taking it up almost two percent from yesterday, though continuing Bitcoin’s recent downturn; Read more…
Bill Miller, a value investor whose estimated net worth is close to $1 billion, sees plenty of value in Bitcoin—and, by extension, the publicly traded company that owns more than $2.3 billion of it. In an investor letter dated January 21, he explained Miller Value Funds’ recent purchase of MicroStrategy’s Read more…
GameStop stock closed at a new record today of $65.01 after closing at $43.03 yesterday. Ten days ago, it wasn’t even worth $20—and five months ago, you could get a share for a fiver. That’s some Bitcoin-like growth for the video game retailer. Moreover, the 51% rise in the last Read more…
In a newly released year-end report, Coinbase has said it now has over $90 billion in cryptocurrencies on its platform. The report, which is geared to Coinbase’s institutional clients, was released Friday afternoon, and attempts to clarify the company’s place in the broader crypto ecosystem. Topics include the state of Read more…