Nifty News: Bitcoin surges to 2nd largest NFT chain, StepN integrates Apple Pay and more…

2022 saw the fall of many linchpin crypto and blockchain firms as the May market drawdown shook the industry. It caused many cryptocurrencies to lose value and many investors to pull their money from the market. Furthermore, the unprecedented knock-on effects of the meltdown exposed many blockchain and cryptocurrency firms that were ill-prepared for turbulent…

The claimed significant opportunity stems partly from two pending bills: one intended to regulate stablecoins and another to improve market structure. The United States has a huge opportunity to embrace blockchain technology, Web3 and crypto through legislation under a changing political landscape, Representative Bryan Steil said during a Feb. 26 interview. “My broader philosophical goal

Bitcoin (BTC) tried to break out of its range last week, but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading near the $26,000 level. The price action of the past few days has formed two successive Doji candlestick patterns on the weekly chart, indicating uncertainty about

Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that

Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization. 3238 Total views 13 Total shares The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support.According to data from Taproot.watch, a…

United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day, statistics confirmed on May 21.Kraken, which is one of the world’s oldest exchanges, is using Cayman Islands-based platform BnkToTheFuture to offer equity to vetted investors. These, it said in an accompanying marketing email…

A crypto platform has announced the launch of the first decentralized application (DApp) on its blockchain.ILCoin says its debut DApp, created on the SHA-256 blockchain, is a game called AGE of ILC — a tower defense game in which players have to obstruct strangers and stop them from stealing their treasure. The game’s developers say…

While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021. 182 Total views 33 Total shares Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest…