Bitcoin millionaires surge 111% in a year amid crypto rally
There are now 85,400 Bitcoin millionaires, more than double the amount from 2023.
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Decentralized storage providers power the Web3 economy, but adoption still underway
The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3 is also capturing the interest…
Friendsies NFT creators deny ‘abandoning’ project amid rug pull allegations
The team behind nonfungible token collection Friendsies has refuted claims they are “abandoning” the NFT project following a tsunami of “rug pull” accusations. On Feb. 21, the founders behind the NFT project told their Twitter followers that they werputting a “pause” on Friendsies and “all future digital goods” for the time being, citing market challenges.Around…
Mentorship, inclusivity and education will encourage more women to enter crypto
To celebrate International Women’s Day this year, Cointelegraph hosted a roundtable with eight leading women in the blockchain and cryptocurrency sector to discuss ways to bring more women into the fintech space. While many thoughts were shared, common themes focused on education, mentorship and inclusivity. Kristina Lucrezia Cornèr, Cointelegraph’s managing editor, kicked off the discussion by…
US SEC Chair: BTC Won’t Be on Major Exchanges Without More Regulation
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that for Bitcoin (BTC) to be traded on a major exchange it needs stronger regulation.Consider the NasdaqCNBC reported on Sept. 19 that Clayton made his remarks earlier today at the Delivering Alpha conference, where he also warned investors to be wary until Bitcoin is…
Ethereum OFAC compliance dips to 45% post-Merge upgrade
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase. 166 Total views 2 Total shares The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance
NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu
Yat Siu thinks it’s only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility. 447 Total views 21 Total shares Animoca Brands co-founder Yat Siu believes nonfungible token (NFT) games are only scratching the surface of what’s possible and predicts…
FT Highlights Crypto as One of Last 10 Years’ ‘Biggest Changes’ in Financial Markets
The Financial Times (FT) has released a Special Report on global financial markets Monday, October 1. In the report, FT dedicated two out of six sections to the cryptocurrency industry.In their report entitled “Exchanges, Trading and Clearing,” FT names cryptocurrency alongside such phenomena as Brexit and the emergence of new markets as “some of the…
Court sets new deadline for Celsius restructuring plan
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14. Own this piece of crypto history Collect this article as NFTBankrupt crypto lender Celsius was granted an extension on its exclusivity period until Feb. 15, 2023. The court approval would give the troubled crypto lender another…