The new funding will be put toward expanding FTX US’ workforce and introducing new offerings. Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek Holdings, Paradigm and Multicoin Capital.FTX US…Read More

The jury is out on what data to trust when it comes to Bitcoin putting in a local price floor near — or below — $30,000. Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD.In a tweet on Jan. 25, Mike…Read More

Odell Beckham’s reported BTC salary tax debacle may provide a dire warning for anyone looking to get paid in crypto. NFL Star Odell Beckham Jr’s (OBJ) decision to take his $750,000 salary in Bitcoin appears to have cost him dearly due to the market crash after he signed the deal. Owing to the vagaries of…Read More

The Blockscan Chat service enables users to message each other via their Ethereum wallet addresses. The team behind the popular blockchain explorer and analytics platform Etherscan has launched an Ethereum-based wallet-to-wallet instant messaging service dubbed “Blockscan Chat.” Blockscan is currently in beta testing mode, and it currently enables users to engage in an instant wallet-to-wallet…Read More

Grayscale added 25 tokens to those it is considering for investment products and added AMP to its DeFi Fund, while Coinbase listed four small projects. Grayscale, the world’s largest crypto asset manager, has added 25 coins to the list of assets it is considering adding to its investment products, including VeChain (VET), Iota, Monero (XMR) and…Read More

Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started. The former Head of Product for “Marcus by Goldman Sachs” has launched a crypto investing app, “Domain Ventures,” raising $33 million from investors on Jan 25. Adam Dell, brother of Dell computers tycoon Michael, assembled a…Read More

“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated. The Ethereum Foundation has removed all references to “Eth1” and “Eth2” in favor of calling the original blockchain the “execution layer” and the upgraded proof-of-stake (PoS) chain the “consensus layer.”Ethereum’s long-awaited transition from a proof-of-work mining…Read More

Hacker helps Trezor One owner who forgot his wallet passcode and seed phrase to recover cryptocurrency funds valued over $2 million. A computer engineer and hardware hacker has revealed how he managed to crack a Trezor One hardware wallet containing more than $2 million in funds.Joe Grand — who is based in Portland also known…Read More

It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets. Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency. Diem —…Read More

The Twitter feud between Elon Musk and McDonald’s has escalated after the Tesla CEO offered to eat a happy meal on television Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin (DOGE) as an official payment method.“I will…Read More

OpenSea transaction volumes are booming again, a certain influencer was “cancelled” and Madonna might be on the verge of buying a Bored Ape Yacht Club NFT. There is no denying that pop culture has entered the NFT space in full force. The World of Women collection created by Yam Karkai has followed in the footsteps…Read More

The former President’s son Eric Trump fired off a threatening tweet to TrumpCoin for using his family’s name fraudulently, although the token’s Twitter account appeared unconcerned. A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market. On Jan. 25, Donald Trump’s second…Read More

BTC and stocks bounced back from Monday’s onslaught as analysts speculate that the Fed’s upcoming rate hikes are beginning to be priced into the Bitcoin’s price action. The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as…Read More

According to the IMF’s executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender.The IMF reported on Tuesday that though…Read More

Mining bitcoin without any help from a larger pool has become an increasingly-improbable feat over the last decade. Another Bitcoin (BTC) miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current prices) as a result. The event…Read More

“I am fascinated by blockchain app development and am beyond thrilled to enter the Web3 space,” says Wyatt. On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his leadership, YouTube Gaming sees over 250 million daily logged users per day with hundreds…Read More

Affected individuals should be able to use the digital funds for goods and services at more than 30 participating merchants in Haiti, with the option for vendors to cash out. Major crypto exchange Coinbase has given a $150,000 grant to Hope for Haiti as part of a pilot program aimed at providing financial assistance to…Read More

A key risk indicator for BTC options hit its highest level in six months, possibly signaling that $32,930 was the bottom. Analysts love to issue price predictions and it seems that nine out of 10 times they are wrong. For example, how many times did analysts say “we will never see Bitcoin back at X…Read More

Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts. In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the committee to take…Read More

Susan Wojcicki stated YouTube’s intent to “help creators capitalize on emerging technologies.” YouTube’s CEO, Susan Wojcicki, addressed YouTube’s priorities for 2022 in a letter published Tuesday on the company blog. Among those priorities is the possibility of adding nonfungible token, or NFT, features for the platform’s video creators.there’s *so much* to in 2022: @SusanWojcicki shares…Read More

“You don’t give us any percentage of what you make off us, off our kids. And I’m going to change that,” the artist told one paparazzi photographer. Kanye West expressed his frustration at the paparazzi after being filmed arriving at Miami International Airport on Monday, as seen in a video posted by ET Canada. Kanye…Read More

With so many crypto projects being launched, founders are now looking beyond “traditional” crypto fundraising options. Traditional funding in the crypto space was once considered useless. After all, the industry itself offers different, controversial, but nonetheless, ways to fund a project – initial coin offering (ICO), initial exchange offering (IEO) and the current darlings of…Read More

Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC. Chris Giancarlo, who served as chair for the U.S. Commodity Futures Trading Commission until 2019, will be joining the board of directors for blockchain startup Digital Asset.In a…Read More

Cointelegraph’s resident experts discuss which NFT marketplace offers the best features. “The Market Report” with Cointelegraph is live right now!On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the…Read More

“We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon,” said Stephen Squeri. American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue…Read More

Bitcoin and other cryptocurrencies have become increasingly popular over the last few years. The Bitcoin price jumped from $10,764 in September 2020 to $58,734 in March 2021, all throughout the COVID-19 economic downtown. As a result, bitcoin is becoming more mainstream and regularly spoken about in the media.  Sadly, many people don’t have a clue…Read More

Do you want to know more about token swaps? Token swaps are a process of exchanging one cryptocurrency for another. You can use tokens to buy other tokens or sell them on an exchange. There are many different types of token swaps. They all work differently depending on the platform that is used. This article…Read More

Decentral Park Capital, an early-stage investment firm, now with $140 million in assets under management, has launched a brand new $75 million fund to invest in DeFi initiatives. This fund aims to deploy funds to invest in decentralized exchanges, lending protocols, derivatives, structured products, oracles, staking, and middleware infrastructure. The money pouring into decentralized finance…Read More

Decentralized technologies are about to revolutionize the global financial system and its institutions. Decentralized Finance (DeFi) offers interesting potential to reduce costs and increase the speed of payments by eliminating friction in terms of technology, contracting and coordination between several parties. DeFi delivers on the promise of faster, better, and cheaper payments, but a number…Read More

Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile users, just raised $20 million from investors and from a private sale of its digital currency $STXR. The company will offer decentralized finance (DeFi) crypto-denominated lending outside of traditional banking, as well as investing in tokenized assets, digital versions of assets…Read More

In early 2022, Eminem, the 49-year old rapper, spent close to $462,000 to purchase a non-fungible token (NFT) of Bored Ape Yacht Club. He also bought the NFT that resembles him for 123.45 Ethereum, changing his Twitter avatar to a photograph of his “NFT self.” Put simply, an NFT is a form of digital art…Read More

Metaverse, a digital place where people work, play, and socialize, could soon be upon us with Facebook (now called Meta) leading the way. But like any breakthrough industry, there is rarely one party that rises to meet the future. One company, Wolf3D raised $1.3 million for Ready Player Me, a cross-game avatar platform for the…Read More

People have been investing in gold for centuries. While the idea has long since been ditched, every single piece of currency in circulation at one point would have been backed by physical gold sitting in a vault somewhere. Gold is one of those investments that has proven itself to be stable, even in the midst…Read More

Since the beginning of 2021, Ethereum, the second-largest cryptocurrency by market capitalization (ETH), has increased by more than 300%. It climbed from $775 on January 1 to over $3000 in late September. This recent rise is understandable given the high level of correlation between Ethereum and Bitcoin’s price histories and Bitcoin’s price swings. However, Ethereum’s…Read More

What Exactly Is Bitcoin? Bitcoin, which is frequently referred to as a cryptocurrency, a virtual currency, or a digital currency, is a totally virtual form of money. It’s similar to an online equivalent of cash. You can use it to purchase goods and services. However, not many merchants accept it currently, and several nations have…Read More

A single global currency that is decentralized, and not beholden to any governing central body, might not be possible.  At least that’s what you’ll hear/read/ingest/ignore if you turned on the internet today.  Too many nations, (Such as China and Thailand) have put their foot down in terms of implementing crypto into their economies. While others…Read More

On March 2, 2021, I was robbed of 199,298 syscoin tokens from my Syscoin QT 4.1.3 Desktop Wallet while seeking technical help on Discord during a wallet back-up. I have been buying and accumulating syscoin since 2017. I added a large amount in April 2020 when the price had dipped to 3 cents. As I…Read More

Hey everyone—Erick here—I read a comment on a Reddit thread and it sparked my thinking mind, way too early, so I decided to share some of my thoughts on the future of Cardano and ADA. The comment was along the lines of, “I would never use my ADA to buy a Coffee,” and I think…Read More

Despite growing support, cryptocurrencies have yet to see mainstream implementation in the US economy. Many people and regulatory agencies are unsure of what to do with crypto, stalling its adoption. California has made some significant strides in this regard recently, setting an example for the rest of the nation. California is no stranger to embracing…Read More

Gold has been the world’s standard reserve currency for hundreds of years. Even as the world has moved to fiat currency, governments and investors alike still look to gold as a reliable alternative. Given recent volatility, though, it may be crypto’s chance to step in as a different, perhaps more secure option. On Tuesday, August…Read More

Bitcoin is a hot commodity lately. This cryptocurrency is usually at the top of experts’ and users’ lists of recommendations for investments in the digital world. If you’re thinking about using Bitcoin or have already started your crypto journey, there are steps you can take to secure your currency. Here’s how to protect your Bitcoin…Read More

On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% following a halving event, past events have forced miners…Read More

Are you interested in purchasing Bitcoin? If so, it’s essential to understand the potential security risks surrounding it. With cybercriminals ramping up their attacks, cryptocurrency will likely be a target.  Here’s what you need to know. Wallets Carry Risks Cryptocurrency enthusiasts use both hot and cold wallets to store their Bitcoin. A hot wallet has…Read More

Theft has been a problem in all of history, but the digital age brings new challenges. While digital currency has several advantages over cash, it comes with some unique risks, like hacking and online fraud. Cryptocurrencies such as Bitcoin solve some of these issues, but you should still take care. The fact of the matter…Read More

If you’re like many, you’ve probably heard a lot about cryptocurrency in the past few years. It grows in popularity every day, and for businesses, it could save them money. When deciding if cryptocurrency will work for your business, you should also consider the pros and cons. For some companies, the integration will work well.…Read More