Bitcoin reclaims $60K and ‘this time is different,’ says analyst
Bitcoin has regained the $60,000 mark for the first time in 14 days, during a month generally considered bearish for the cryptocurrency.
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Bankruptcy court told FTX and Alameda owe BlockFi $1B… but it’s complicated
While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF. 987 Total views 8 Total shares A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and…
Mainstream approval critical for blockchain games — Gaming execs
Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future. Video games have become a favorite pastime for a lot of people all over the world and have even evolved into a sport. Overall, there are
Blockchain Head at European Commission Explains Usefulness of DLT
The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial Times. In the interview, published on April 3, Zilgalvis talked about the benefits and challenges of the technology.According to…
Short-Term Crypto Losses Surged Fivefold in 1st Month of 2019: Credit Karma Tax
The amount of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged more than fivefold over the same period in 2018, the firm revealed on April 3.Credit Karma Tax, a tool launched by San Francisco-based personal finance firm Credit Karma back in 2016, offers a free tax filing…
Top 3 DeFi lending protocols exceed $20B in deposits
DeFi’s top three lending protocols have reached record levels of collateral lockup above $20B. There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year.DeFi’s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these platforms suggests…
Blockchain-based platform for fractional property ownership launches in India
RealX blockchain-based platform allows Indian investors to buy and sell “direct deeded co-ownership” of holiday properties. 584 Total views 7 Total shares A fintech firm from Pune, India has launched a blockchain-based registry system named RealX that allows Indian citizens to purchase fractional ownership in properties. A report from The Economic Times states that RealX has…
Bitcoin price faces 200-week trendline as US dollar hits 6-month high
Bitcoin (BTC) hugged a key long-term trendline on Sep. 7 as U.S. dollar strength hit its highest in six months.BTC/USD 1-hour chart. Source: TradingViewBitcoin vs. 200-week moving average forms "million dollar question"Data from Cointelegraph Markets Pro and TradingView showed BTC price moves focusing on the area around $25,700.Conditions were less volatile than the day prior
Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base
The $21 million funding effort was led by Pantera Capital, which contributed $18 million, and included funding from Makers Fund, Hashed, Mirana Ventures, and several other investors.