Bitcoin long liquidations hit $300M as BTC price falls to $62K

pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency.

“But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa Coffee now accepts Bitcoin over Lightning. Hotel Chocolat, the Card Factory and the Gibraltar bakery also accept Bitcoin as a currency in the…

The US-based Metaverse concert organizer Animal Concerts has partnered with South Korea’s Klaytn blockchain network to bring leading global music entertainment stars to the Metaverse. 94 Total views 14 Total shares Metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure to the Korean entertainment industry and…

New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare. 1346 Total views 25 Total shares Own this piece of crypto history Collect this article as NFTUnited States Congressman Ritchie Torres has introduced bills in the House of Representatives to prohibit misuse…

What is crypto vesting? The process of locking down cryptocurrency tokens or coins for a predetermined amount of time before allowing the tokenholder to fully access or transfer them is known as crypto vesting.It is commonly used in initial coin offerings (ICOs), token sales and other cryptocurrency-related fundraising activities. Crypto vesting aims to incentivize long-term

Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust's convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF).Trusts are structured as companies, at least in regulatory form, and are 'closed-end funds' which can initially only be sold…

Cred’s former Chief Financial Officer, James Alexander, has been identified by U.K. authorities as a prison escapee who was convicted for financial crimes. Bankrupt cryptocurrency lending platform Cred Inc is believed to have unwittingly appointed a prison escapee as its Chief Financial Officer.A report filed by examiner Robert Stark of Brown Rudnick LLP on March…

It’s like shooting yourself in the foot with computer code, then magically going back in time to before it happened.Crypto exchange Poloniex confirmed in a series of tweets today that it rescinded 12 minutes of trading history in response to a software problem that saw a bunch of trades execute “erroneously.” The Twitter announcement did…

The Australian arm of Big Four accounting firm KPMG could soon be holding executive meetings and closing multi-million dollar deals with clients in the Metaverse, with the firm now exploring how the revolutionary technology can transform its business model.In a recent interview, KPMG’s James Mabbott, Partner in Charge at KPMG Futures said the firm sees…