Meme coins: Betrayal of crypto’s ideals… or its true purpose?

Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption. 283 Total views 8 Total shares The global cryptocurrency ATM market is projected to grow at a rapid rate over the next five years, as market research predicts the space to…

Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its $1.5 billion Bitcoin bet. 561 Total views 4 Total shares Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2.With the price of…

You’ve no doubt heard the expression, follow the money. Well, if you do that in the venture capital world, you’ll be led directly to crypto, blockchain and digital assets. After a modest summertime lull in venture financing, this week saw the announcement of two massive raises worth a combined $500 million. That’s $500 million VCs…

Layer-2 Ethereum scaling solution, Polygon (MATIC) has announced the establishment of Polygon ID, an identity platform designed to complement the decentralized finance and decentralized application (DApp) economies by providing users greater privacy and sovereignty within Web3.Professed to be the first identity platform of its kind to adopt cryptographic-based zero-knowledge technology, the platform will utilize Iden3’s…

Saturday, Dec. 7 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $7,550 mark again.Market visualization courtesy of Coin360Bitcoin price is currently up by 2.12% on the day, trading at around $7,537 at press time, according to Coin360. Looking at…

Crypto growing to a $1.6 trillion market without adequate regulations is a major worry for the head of Italy’s stock market oversight agency. 1336 Total views 2 Total shares Paolo Savona, the chairman of the Commissione Nazionale per le Società e la Borsa (Consob) — Italy’s securities regulator — has raised alarms over crypto’s growing…