Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz

The German arm of global fast-food chain Burger King now accepts Bitcoin (BTC) payments on its delivery website and mobile application. Payment options on the Bklieferservice.de homepageDespite BTC's sudden apperarance on its official website, it is unclear whether Bitcoin is also accepted in the 600 physical Burger King restaurants across Germany.BK embraces crypto againIn summer 2017,…

On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an account directly from within the app in minutesThe onboarding process for new customers…

Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4.100x scalability for the Tron blockchainIn his tweet, Sun claimed that the first version of the network will allow for 100x scalability and…

The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and United Kingdom to prepare emergency plans and raising fears among small businesses, venture capitalists and other depositors with funds stuck at the California tech bank.Cointelegraph's team compiled a roundup…

Hong Kong-based gaming and venture capital company Animoca Brands and subsidiary Blowfish Studios have promised users that they will repay 265 ETH (US$1.1 million) stolen in a fraudulent nonfungible token (NFT) sale on D`iscord. The fraudulent minting event occurred at approximately 3 AM AEDT on Nov 19 on the Phantom Galaxies Discord server. It saw…

EY, the Big Four accounting firm appointed to work on the QuadrigaCX crypto exchange bankruptcy case, wants to move the proceedings from Halifax to Toronto.Local news outlet The Star reports on Aug. 28 that EY has asked a Nova Scotia Supreme Court judge to move the case to Toronto. The firm states that the involvement…

The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the Ethereum (ETH) network. One L1 protocol that has seen its token price climb to a new all-time high this week…

Crypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0. 1729 Total views 35 Total shares Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants fretting over the legitimacy of their favorite price models. For venture capitalists and other smart money investors, the latest…