Spot Bitcoin ETFs buy up $654M in BTC over 3 days
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree.
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PayPal stock has surged 17% since enabling Bitcoin purchases
The online payment platform launched crypto trading for U.S. customers on Nov. 12. 660 Total views 7 Total shares PayPal’s stock reached record highs on Monday, capping off a strong period of outperformance relative to the Nasdaq and broader U.S. stock market. Since Nov. 12, the technology-focused Nasdaq has gained around 6.5%. The broad S&P…

In the end, do NFTs even matter? Linkin Park rapper joins celebrity NFT mania
Mike Shinoda, the musician and co-founder of rap-rock band Linkin Park, launched an auction on Rarible last night for “Zora,” a nonfungible token (NFT) music clip from a forthcoming song. In doing so, Shinoda joins an ever-growing throng of celebrities and influencers who are dipping their toes into NFT tech — and bringing their considerable…

Digital Yuan CBDC Momentum Grows as More Chinese Firms Get to Testing
Despite the global economic crisis and the consequences of the coronavirus pandemic, the development of the Chinese national cryptocurrency, the Digital Currency Electronic Payment, is steadily progressing. The increase in the number of large companies joining the digital yuan initiative as partners in testing and implementing the technology is clear evidence of the progress the…

Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet
Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines. 14 Total views 1 Total shares Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade.Avalanche is currently testing a framework for building high-performance Virtual Machines

Authorities Take Down Biggest Criminal Chat Network Yet
Authorities across Europe take down an organized crime syndicate that used an encrypted chat network to coordinate their illicit activities. 2308 Total views 22 Total shares Law enforcement authorities throughout Europe arrested over 800 individuals that allegedly were using an encrypted chat network to coordinate their illicit activities.60,000 membersEncroChat was using modified Android devices to…

BlockShow Launches Crypto Fundraising Campaign for Notre Dame Reconstruction
BlockShow, an international blockchain event powered by Cointelegraph, has started a campaign to raise cryptocurrency for the Notre Dame cathedral reconstruction. The news was announced on BlockShow’s official Twitter account on April 16.In the tweet, the team behind BlockShow revealed that it has initiated a fundraising campaign for the Notre Dame reconstruction following the devastating…

US-Based Exchange ErisX Officially Announces Public Launch of Spot Market
Chicago-based crypto exchange ErisX has officially announced the public launch of its spot market, the firm tweeted on April 30.The ErisX spot exchange is the first part of the company’s development of a single platform that will represent both a digital asset spot and regulated futures exchange, as reported by Finance Magnates.Subsequently after the announcement,…

Bitcoin on corporate balance sheets: What’s the risk and reward?
Explore the risks and rewards of Bitcoin on corporate balance sheets. Is it a strategic hedge or a volatile investment?