Riot Platforms raising $500M to buy Bitcoin amid price surge

As the world of finance continues adapting to contemporary innovations, it almost cannot help but drag other industries along for the ride — willingly or otherwise. Film is one such sector currently undergoing a quiet revolt, concocting a radical subversion to traditional models of financing. This is partly due to the emergence of distributed technologies…

ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares for about $9.5 million in one day, according to a trade notification seen by Cointelegraph.The purchase

DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion. 2449 Total views 13 Total shares Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far.According to Ethereum market analytics platform Dune Analytics,…

Out of 1,021 U.S.-based crypto owners, one-third have already fallen for a crypto scam via emails, websites and fake mobile apps. 625 Total views 46 Total shares The importance of storage and passwords is best known by crypto enthusiasts who know how easy it is to lose access to their digital assets. A recent survey…

The first Hyperledger-based cryptocurrency to achieve mainnet status just exploded 486% overnight, possibly bouyed by an impending Bitcoin trading pair. 2162 Total views 9 Total shares A little-known altcoin known as Metacoin (MTC) surged to 486% gains in just 24 hours on Jan. 18, after Bittrex announced it would be listing the coin against Bitcoin…

Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted. 1033 Total views 4 Total shares Own this piece of history Collect this article as an NFTGlobal payment provider Mastercard is launching a stablecoin digital wallet integration with the Australian stablecoin platform Stables.Mastercard…

Newly-launched cryptocurrency exchange Beaxy has suspended trading after some users deliberately crashed the price of altcoin Ripple (XRP). XRP/BTC dips 40%According to a blog post and social media messages, beginning on Aug. 12, Beaxy experienced a sudden surge in XRP trading volumes, with a huge sell-off reducing XRP/BTC to 40% of its price on other exchanges.“As…

The film production company behind Pulp Fiction called Quentin Tarantino’s plans to make NFTs based on the film a “deliberate, premeditated, short-term money grab.” 361 Total views 2 Total shares Production company Miramax has filed a lawsuit accusing director Quentin Tarantino of copyright infringement for selling NFTs derived from his blockbuster 1994 film, Pulp Fiction.…

The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng "CZ" Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors.The Bitcoin price…