Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
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Crypto Exchange Open Interest Rises as Bitcoin Volatility Drops to New Low
Open Interest for crypto futures are rising at Bybit despite Bitcoin’s record-low volatility. 943 Total views 25 Total shares Recent data from Skew shows that open interest for Bitcoin (BTC) has been rising on the Bybit crypto trading platform, reaching a new high at $434 million on July 14 for the Tether (USDT) and USD pairs…
Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic
The blockchain forensics firm said cross-chain bridges provide an "unregulated alternative" to exchanges for transferring value between blockchains. 115 Total views 3 Total shares Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half…
MoneyGram to allow retail Bitcoin buying in the US
MoneyGram customers in the United States will soon be able to buy Bitcoin in the country’s retail outlets across the country. 2404 Total views 18 Total shares Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list.In a release issued on Wednesday, the global payment service announced a…
Bitwise Calls Out to SEC: 95% of Bitcoin Trade Volume Is Fake, Real Market Is Organized
At the 1997 edition of the annual Worldwide Developers Conference — an event put together by iPhone-maker Apple Inc. to communicate directly with its community of developers and users — a participant asked founder and then-CEO Steve Jobs the following question:"What do we do about the press? Wall Street Journal reporters get up in the…
Ethereum sees first consecutive week of deflationary issuance
More than $65 million worth of ETH is currently being burnt daily by the Ethereum network. 70 Total views 1 Total shares The Ethereum network has seen its first consecutive week of negative supply issuance as bubbling markets drive persistently high transaction fees.With the highly anticipated London upgrade introducing a burn mechanism into Ethereum's fee…
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan. 1967 Total views 19 Total shares Own this piece of history Collect this article as an NFTThe investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a…
AI and real-world assets gain prominence in investor discussions
Additionally, discussions concerning cryptocurrency prices have waned due to market volatility and stabilization. 101 Total views 2 Total shares As nations make progress in promoting the expansion of the artificial intelligence sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and artificial intelligence. At
Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey
Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab. Asking participants what they would like to see added to their 401(k) retirement products, the firm found that 46% of Gen Z and 45% of…