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News Desk · 7 hours ago · 2 min read
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The total projected annual revenue of lending platform MakerDAO, Ethereum’s decentralized finance (DeFi) “poster child,” has exceeded $200 million over the past weekend, according to analytics website MarketBurn.
Tesla and SpaceX CEO Elon Musk argued on Twitter today that Dogecoin (DOGE) can beat Bitcoin (BTC) “hands down,” with just one small condition—almost every DOGE’s fundamental aspect needs to change, effectively turning it into a different token altogether.
Axie Infinity, a blockchain game that allows users to breed and trade digital pets as non-fungible tokens (NFTs), has exploded in popularity among residents of Cabanatuan City in the Philippines over the past few months.
Digital payments company Square, led by Twitter CEO Jack Dorsey, decided to hit the brakes—at least for the time being—on Bitcoin (BTC) purchases after losing $20 million on its previous crypto investments, the firm’s CFO Amrita Ahuja told Financial News yesterday.
Only 4% of nearly 120,000 Bitcoin (around $7 billion today) stolen by a hacker from crypto exchange Bitfinex in 2016 have been laundered so far—and it will take the thieves over a century to cash out their bounty in full, according to blockchain intelligence firm Elliptic.
Over the past few years, private equity firm Atlas Holdings has created arguably the most ambitious and self-sufficient Bitcoin mining facility in the United States by repurposing a whole abandoned power plant into a crypto farm.
The price of Cardano (ADA) has spiked to a new all-time of $1.96 today after the Cardano Foundation, the non-profit organization behind the cryptocurrency, asked Elon Musk to “get your people to talk to our people”.
San Francisco-based crypto investment company Bitwise Asset Management has announced the launch of its Bitwise Crypto Industry Innovators (BITQ) exchange-traded fund on Wednesday.
Swiss crypto payments processor FNTX Capital Suisse has teamed up with Portuguese property developer 355 Developments, allowing customers to buy luxury condos with Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), and Cardano (ADA), it said in a release today.
The total dollar value of assets locked (TVL) on decentralized finance (DeFi) platform Yearn.Finance has exceeded $4 billion, according to an announcement published today.
Nine rare CryptoPunks non-fungible tokens (NFTs) were sold for $16.96 million in total via legendary British auction house Christie’s today, as per a tweet.
Dfinity Foundation, a blockchain startup that aims to revolutionize the World Wide Web by creating a decentralized “Internet Computer,” has launched its long-awaited governance token ICP—and it has already landed among the top 10 cryptos, following a day of trading carnage.
The Korea Federation of Banks (KFB) has recently urged its members to estimate the total number of altcoins their crypto exchange clients are offering to measure risks associated with them, local outlet The Korea Herald reported yesterday.
Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today.
A project called 1729, which offers users Bitcoin rewards for completing various tasks and tutorials, has announced a new contest for artists who are interested in portraying a bright, highly technological future of Africa.
Cryptocurrency exchange Binance quickly jumped on the sudden Shiba Inu (SHIB) bandwagon today, listing the much-hyped canine token in the “Innovation Zone” and adding the corresponding perpetual contracts to its futures platform.
Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.
Barry Silbert, founder and CEO of crypto investment giant Grayscale Investments’ parent company Digital Currency Group (DCG), revealed that his firm has opened a $1 million short position on Dogecoin (DOGE), betting on the token’s decline.
The price of Shiba Inu (SHIB), a previously obscure token created to ape Dogecoin’s (DOGE) success, has surged by an astounding 32,500% over the past 30 days, resulting in a trading craze that congested Ethereum’s (ETH) blockchain and pushed transaction fees to prohibitively high levels yesterday.
An exploit in non-fungible token (NFT) platform Meebits, created by the developers of “OG” collectibles CryptoPunks, allowed one user to cheat the system and get an ultra-rare NFT—which he immediately sold for 200 Ethereum (around $765,000 currently).