Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher

Blackstone CEO Steve Schwarzman, one of the world’s richest people, likes blockchain but thinks that applying it to money is odd.“Someone needs to control currencies”In a Fortune interview on Sept. 17, Schwarzman expressed his negative stance to Bitcoin, explaining that building money using blockchain technology is “pretty odd” and he does not have much interest…

TZERO, the blockchain subsidiary of retail giant Overstock, has missed its mid-April goal for a $100 million fund raise from Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital. The firm announced the development in a shareholder letter on April 18.In the letter, Overstock CEO Patrick Byrne noted that while the diligence…

United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21.Per the announcement, Seed CX will join the list of supported digital asset trading venues available on the Sigma trading platform…

YouTuber and social media influencer Logan Paul is set to refund certain disgruntled investors of his once ambitious CryptoZoo nonfungible token (NFT) game — a year after he promised NFT buyers recourse. Logan said the “buy back” program will be funded by $2.3 million he is personally committing and will involve buying back Base Eggs and

The program offers a maximum reward of $15 million for anyone who identifies vulnerabilities classified as high severity. 441 Total views 1 Total shares Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program. The program offers a maximum reward of $15 million for anyone identifying a…

There's Bitcoin kabobs, Bitcoin creole, Bitcoin gumbo. Pan fried, deep fried, stir-fried... 329 Total views 2 Total shares Many chain restaurants operated by parent company Landry's will begin to accept Bitcoin as a form of payment for meals.In an interview with CNBC yesterday, Landry's chair and CEO Tilman Fertitta said “80% to 90%” of the…

The price of Bitcoin (BTC) fell from $9,800 to as low as $9,200 on major exchanges overnight. It comes after BTC demonstrated relatively low volatility in the past week, ranging in between $9,900 and $9,500.The sudden short-term price drop can generally be attributed to five major factors: a cascade of liquidations on BitMEX, whales seeking…

The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26,  marking the first in-person WEF global leadership event since the pandemic began. The annual meeting was first scheduled for January but was later turned into a virtual event in light of growing COVID-19 infections during the winter.The Davos…