Tortola, British Virgin Islands, 7th April, 2022, Chainwire The Kingdom, the world’s first culture-led Metaverse, has secured $3.6 million in its private funding round. Numerous prominent investors took part in the round, catapulting the project to the forefront of Web3 development. The Kingdom will be an open-world Metaverse focusing on culture-led experiences through NFT collaborations, […]
SushiSwap (SUSHI) and Synthetix (SNX) received a heavy blow on Wednesday after Grayscale Investments removed their exposure from its DeFi Fund’s portfolio as part of its quarterly readjustments. The move came after the protocols’ market capitalization fell short of Grayscale’s minimum requirements. At press time, decentralized exchange SushiSwap and synthetic asset issuance protocol Synthetix have
San Francisco, CA, 7th April, 2022, — LOVO, a synthetic speech startup, has closed a $2 million extension to its pre-Series A round, which now totals $6.5 million. The extension was led by Hashed, a global crypto venture capital firm active in the blockchain gaming and NFT ecosystem, previously investing in Axie Infinity, The Sandbox
A new survey conducted by NBC News suggested that at least one in five adults in the United States have explored cryptocurrencies through trading and/or investing. Of the total 1000 respondents participating in the poll, 21% have “dabbled” in cryptocurrencies, demonstrating heightened interest in the space. The crypto industry saw significant growth in the year
Dapps or Decentralized Applications has become a buzzword in the crypto-world over the past 3 years. For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized apps normally have no central point of failure, have open source code and work with a decentralized
Trezor, a popular crypto hardware wallet, is likely suffering from a security breach as thousands of its users were targeted in a phishing attack. In a Tweet posted Sunday, the Prague-based company reported that it is investigating a “potential data breach of an opt-in newsletter hosted on MailChimp.” It has also warned users to not
Huobi Global, one of the world’s leading global exchanges, has unveiled a trading bot on its Huobi Global mobile app that will enable investors to capitalize on price volatility in the cryptocurrency market. The trading bot allows users to place buy and sell orders at certain regular intervals above and below the price of a
Popular NFT marketplace OpenSea has expanded its payment options to fiat by enabling transactions through credit cards. The company has partnered with payments infrastructure firm MoonPay to enable direct credit card payments. Specifically, OpenSea will leverage MoonPay’s new solution NFT Checkout which allows users to purchase an NFT instantly with a debit or credit card,
“Look at it in five years, and it’s going to be a whole lot more,” opined Novogratz. With the price of Bitcoin continuing to test support around $19,000, Galaxy Digital founder and CEO Mike Novogratz recommends HODLing until 2025. In a Yahoo Finance Live interview published on Nov. 25, Novogratz said that the current Bitcoin
A representative from the company expects 2021 to be “a breakout year for blockchain.” Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled Financial Services Industry Outlooks 2020. Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in
Bitcoin and most major altcoins could consolidate for a few days before starting the next big move. The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000
The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system. The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system. In an official press release, the Libra Association Wednesday introduced Saumya Bhavsar as the
The outgoing SEC director first joined the agency in 2017. Bill Hinman, outgoing director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission chose to focus one of his last speeches on the commission’s achievements in regulating crypto during his tenure. In remarks published on the Securities and Exchange Commission, or
Bitcoin price looks ready to consolidate after reaching a new 2020 high and altcoins may attempt to recover from their sharp losses. Within the last 24-hours, Bitcoin (BTC) price hit an intraday high of $18,466.14 and this is just roughly 8% lower than the magical $20,000 figure being watched by many traders. However, investors in
From ‘The Last ICO’ (pictured) inspired by da Vinci to ‘Silent Disco’ based on Henri Matisse’s ‘La Danse’, Cointelegraph artists have created unique NFTs for collectors. Cointelegraph is the most widely read cryptocurrency publication in the world — but even though we’re proud of our words, sometimes a picture is worth a thousand of them.
During a recent Ethereum Foundation AMA, Vitalik Buterin explained his expectations for Ethereum 2.0. Ethereum co-founder Vitalik Buterin recently answered a number of community questions as part of an ask me anything, or AMA, session on Reddit. During the AMA, hosted by the Ethereum Foundation’s ETH 2.0 research team, Buterin said that he expects noticeable
Cryptocurrency exchange alleges “millions of dollars” in losses as a result of what it describes as a “false and misleading” article. Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an article published under the title Leaked
As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls. Major players in U.S. crypto lobbying are coming out in defense of non-custodial wallets. On Tuesday, the Blockchain Association released a new report presenting policy options for self-hosted wallets to regulators. On Wednesday, Coin Center published
The COVID-19 pandemic has triggered the adoption of blockchain and DLT-based business solutions in the global trade ecosystem. As the coronavirus pandemic continues to push more people out of their offices, many companies across the globe are adopting decentralized ledger technology to mitigate its effects and remain operational. Emmanuelle Ganne, senior analyst at the World
If you are in Bitcoin for the long haul, there is a reasonable path to $500,000 within the next decade. Back in June, I wrote that Wall Street remaining on the sidelines is not necessarily bad for our industry. While most traditional investors are still observing, Bitcoin’s (BTC) mainstream momentum has been building over the
Galaxy Digital CEO recommends investing up to 3% of one's net worth into Bitcoin
Crypto lobby defends self-hosted wallets and P2P from rumored gov't crackdown