New record: Bitcoin processes 1.6M confirmed payments in a day

This article has been updated to correct the name of Atomrigs Lab.Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomrigs Lab to jointly explore digital asset management and protection solutions. The news was released at a press conference at the bank’s office in Seoul on…

Warren Buffett's Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that's also popular among the country's Bitcoin investors.In a securities filing late Monday, the industrials conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock in Q4/2021.…

The crypto space is taking a breather after the recent sharp run. However, Binance CEO Changpeng Zhao (CZ) recently tweeted that he is positive that Bitcoin (BTC) will resume its rally to $16,000 “soon-ish.” This suggests that CZ believes the market has bottomed and is in the process of resuming the uptrend. Furthermore, the long-term…

Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics.

Disney has reportedly created a task force for studying how it can incorporate AI into its operations, sources close to the matter told Reuters. 559 Total views 42 Total shares Disney is reported to have created a task force to study artificial intelligence (AI) and its potential applications throughout the company, according to a Reuters…

Blockchain-centric smartphone Exodus, developed by consumer electronics giant HTC, announced that it had partnered with Opera Browser as well as added support for multiple DApps. The news was revealed in a series of tweets on Feb. 26 from the firm’s official Twitter.The company announced support for Etheremon and Decentraland DApps in its ZIONVault integrated cold…

If Solend is unable to take over the account, some believe that it could cause a meltdown, driving Solana’s price to zero. 1041 Total views 53 Total shares Solana-based decentralized finance (DeFi) lending protocol Solend has created another governance vote to invalidate the recently-approved proposal that gives Solend Labs “emergency powers” to access a whale’s…

In a revised Chapter 11 plan of reorganization, FTX debtors state that crypto claims by customers will be assessed using a conversion table, with valuation based on the petition date. The debtors of the now-defunct cryptocurrency exchange FTX have filed the amended Chapter 11 plan of reorganization which indicates the value of customer asset claims

The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish.Ether (ETH) price index in USD, 1-day. Source: TradingViewEther's price resilience can…