Bitcoin ’anxiety stage‘ risks more September losses, but there’s a silver lining  

The funding round was led by Foundation Capital, with follow-on investment from CMT digital. 57 Total views 1 Total shares Own this piece of history Collect this article as an NFTLondon-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital. According…

According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy.Bitcoin comes in third placeOn Oct. 31, the Italian news outlet La Stampa reported that the Boston-based marketing analysis company, it was stated that in the list of the most used methods of online payment systems…

Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. 1165 Total views 13 Total shares Speaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that "third-generation blockchain technology" would see digital currency "in the hands of hundreds of millions, if…

Africa’s largest economy has become a bastion for crypto adoption. 1126 Total views 13 Total shares Nigeria’s Finance Ministry is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies -- a move that could accelerate adoption in Africa’s largest economy. Business Day, a Nigerian market intelligence publication, reported Tuesday…

The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs. 255 Total views 1 Total shares In an event streamed live on Wednesday, Bank of England governor Andrew Bailey and deputy governor for financial stability Sir Jon Cunliffe answer questions from lawmakers from the Economic Affairs Committee. When asked…

The cryptocurrency insurance market is expected to grow at a faster rate if United States regulators provide more regulatory clarity, according to industry experts.As Forbes reported on Sept. 5, CEO of San Francisco-based cybersecurity agency Coalition, Joshua Motta suggested that the market for digital currency insurance is now worth between $200 million and $500 million…

Facebook’s conglomerate of social applications including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered a major power outage on Monday, switching the platforms offline for a total of six hours to the effect of billions of users and businesses across the world.The incident was first reported at approximately 3:16 pm UTC on…

This week’s news from Japan included declining trading volume, statements from prominent figures on China’s pending digital currency, a Lisk staking announcement and a blockchain-based letter of credit.Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Japanese Prime Minister Aso warns against digital YuanJapan’s Deputy Prime Minister and Financial Minister…

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.