Crypto venture capital funding hits $1B for second straight month
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.
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Airdrop culture could pose integral threat to DeFi industry
EtherWrapped, a project designed to provide a yearly summary of users nonfungible token (NFT) activity, launched a little over eight hours ago to palpable fanfare within the crypto community. The website detailed a plan to airdrop YEAR tokens based upon quantitative engagement statistics in users' MetaMask wallet, or in simpler terms, their number of transactions, volume…
Winklevoss’ Gemini to Offer Custody of .Crypto Blockchain Domains
Users can now store Unstoppable Domains’ .crypto addresses with Gemini Custody. 814 Total views 5 Total shares Unstoppable Domains, a major blockchain domain provider, is hitting another milestone as Winklevoss brothers' Gemini exchange now offers custody for its ".crypto" domains.Starting from July 23, users can store their ".crypto" addresses obtained through Unstoppable Domains with Gemini…
‘Ethereum only’ investors are growing, according to Grayscale
The asset manager says Ethereum’s mass appeal is growing. 1274 Total views 23 Total shares Bitcoin (BTC) got many investors hooked on crypto, but it’s Ethereum's Ether (ETH) that’s beginning to garner more attention, according to Grayscale. In a phone interview with Bloomberg, managing director Michael Sonnenshein said 2020 has seen a significant rise in “Ethereum…
A detailed guide on how to lose all your Bitcoin investments
Let’s say you want to lose your Bitcoin (BTC) totally, irretrievably and forever. Hey, it’s not our place to wonder why. Maybe it’s part of some elaborate performance art piece, like the guy who destroyed all his possessions or perhaps you’ve always been big fans of electronic music outfit The KLF, who famously burned 1…
Bitcoin’s $50K resistance to become support in Q4 — Bloomberg commodity strategist
BTC price surged toward $55,000 on Wednesday even as traditional risk assets such as stocks tumbled and the dollar rose. 1170 Total views 17 Total shares Bitcoin’s (BTC) meteoric rise above $50,000 this week is likely to continue well into the fourth quarter, as the psychological resistance flips to support during the next leg of…
World Mobile eyes African rollout after decentralized wireless field tests
World Mobile announces the completion of DeWi technology field tests in Kenya, Mozambique and Nigeria, bringing a full African rollout one step closer. 242 Total views 2 Total shares Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing…
Prime Trust’s financials ‘considerably deteriorated,’ says Nevada regulator
Nevada's business regulator issued a cease and desist order to the crypto custodian alleging it has a "shortfall of customer funds." Prime Trust's financial condition is "critically deficient" and the crypto custodian is unable to honor customer withdrawals according to a cease and desist from Nevada's business regulator.In a June 21 order, the Nevada, Department…
Inflation got you down? 5 ways to accumulate crypto with little to no cost
Experienced crypto traders know that bull markets are for selling and bear markets are for accumulation, but the latter can be difficult amid a backdrop of surging inflation that saps the purchasing power of fiat currencies. As the crypto market heads deeper into crypto winter, with prices in the gutter and developers focused on creating the…