Zero-knowledge Manta Network launches $50M ecosystem fund
Early-stage projects building on Manta Network can receive up to $50,000 in grants.
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China’s state-run news agency to launch NFT collection
Despite central bank officials’ call for heavy monitoring, Chinese state-run news agency Xinhua is launching an NFT collection. 659 Total views 41 Total shares In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of nonfungible token (NFT) collectibles. The move is a thumbs up to blockchain technology previously…

Bitcoin traders warn of tough Q3 as Nikkei echoes 'Black Monday' 1987
Bitcoin faces traditionally challenging months while Japan sees stocks sell-off unmatched in nearly 40 years.

Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis
As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country. Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a partnership…

Bloomberg Editor: BTC ‘Is for Making Transactions The Man is Against’
Joe Weisenthal, the executive editor of news for Bloomberg Digital, said that blockchains are essentially inefficient and that “Bitcoin is for making transactions The Man is against.”The ManThe comments come from Bloomberg’s Markets newsletter, which Weisenthal reproduced in a tweet on Oct. 17. He elaborated that transactions would not be possible without individuals willing to…

Crypto Custodian Backed By Andreessen Horowitz and PayPal Co-Founder Launches
The Anchorage cryptocurrency custodian for institutional investors launched following a $17 million funding round led by venture fund Andreessen Horowitz, a press release states Wednesday, Jan. 23.According to the announcement, PayPal co-founder Max Levchin’s SciFi VC, venture company Khosla Ventures, Mark McCombe of investment firm Blackrock, and others also took part in the series A…

Don’t click links: Crypto community responds to alleged Telegram ‘exposé’
Telegram announced that the anonymous account's claims are “baseless” and are made to "get users to download malware." 279 Total views 18 Total shares This week the crypto community’s attention was captured by an anonymous person who claimed that they will expose the misdeeds of prominent crypto influencers and top projects within the crypto space. The…

Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, the bulls take a step back to regroup and launch another…

Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
Bitcoin (BTC) exchange-traded fund (ETF) fervor is back with a raft of new applications and an increase in capital inflows from institutional investors.On June 26, a surge of inflows to the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — was observed by Bloomberg senior ETF analyst Eric Balchunas.The fund had its largest…