Memecoins and art market share similar economics — Ki Young Ju

The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications.

Grayscale’s Michael Sonnenshein contends that the asset manager’s recent Form 10 filing with American regulators would be “a milestone” for the crypto industry if it’s approved.Sonnenshein — managing director at the world’s largest digital asset manager, Grayscale Investments — made his remarks during an interview with CNBC on Nov. 20.Hedge funds after digital asset exposureEarlier…

Individuals typically do not need to worry about capital gains taxes while trading in an IRA. For crypto investors, this could be an attractive feature. 76 Total views 2 Total shares Cryptocurrency individual retirement accounts (IRA) provider iTrustCapital revealed Wednesday that the total transaction volume on its platform had surpassed $5 billion, marking a 60%…

New Zealand digital assets exchange Cryptopia has suspended services after detecting a major hack that has reportedly “resulted in significant losses,” according to a tweet posted today, Jan. 15.The exchange revealed in the tweet that the hack occurred yesterday, Jan. 14. The platform had initially informed the public it was undergoing unscheduled maintenance, issuing several…

Bitcoin (BTC) starts a new week in an unmistakably bullish position as it passes $28,000.Crypto markets continue to climb on the back of the banking crisis, which still rages in the United States and abroad — where will they go next?After a week of chaos for macro markets and solid gains as a result, Bitcoin…

2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the headlines. However, pivotal regulatory developments across the globe have largely flown under the radar…

A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%. 1270 Total views 9 Total shares Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period.ETHE…

The state government of the Australian province of Queensland will issue a grant to a crypto startup as part of over $8.3 million of innovation funding, according to an official announcement published August 1. According to the government statement, the TravelbyBit digital currency payments platform for the travel and tourism industry is one 70 companies…