Kraken crypto exchange launches own Wrapped Bitcoin token

Bitcoin’s (BTC) smallest denomination is now worth more than an entire unit of altcoin Hex (HEX) after the controversial token lost over 50% in a day.Data from Coinmarketcap and other sources confirm that HEX/BTC is now below 1 satoshi — or 0.00000001 BTC.HEX price too small to measurePut in different terms, the price of a…

The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon.Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that the impetus behind the update is…

Binance CEO Changpeng "CZ" Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are a threat to his company or the crypto sector. CZ spoke at the Web Summit in Lisbon on Nov. 2 about CBDCs and their role in the crypto industry.The…

Bitcoin (BTC) has been witnessing volatile moves in the past three days. The pick-up in volatility shows that the buyers and sellers are vying for supremacy. Bitcoin recovered sharply on April 18 but gave back all the gains on April 19. The latest sell-off may have been triggered by the high inflation figures in the United…

The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain. 211 Total views 44 Total shares Jason Powell, a member of the Tennessee House of Representatives, has introduced a…

While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users. 427 Total views 12 Total shares Despite the decentralized finance (DeFi) market suffering a 74.6% market cap decline in Q2, user activity has remained relatively resilient, says CoinGecko. In a report published by the crypto data aggregator on…

Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.

"Toddler HODLer" may soon become a new meme in the crypto space. 1207 Total views 11 Total shares Elon Musk’s child with Canadian musician Claire Elise Boucher, or Grimes, may now be one of the youngest public crypto users on record.In a tweet today from the Tesla CEO, Musk said his 9-month-old son is now…

Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today.Market visualization courtesy of Coin360Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400…