Fidelity to hire more crypto hands amid growing institutional interest
Fidelity Digital is planning to hire 100 more people for its crypto business to service the growing needs of institutional investors. Go to Source Powered by WPeMatico
Month: July 2021
Baby Doge Sheds Over 40% This Week Despite NASCAR Debut and Animal Shelter Donation
The popular meme token baby doge has slid quite a bit in value even after the token’s image was plastered all over Brandonbilt Motorsports’ No. 68 Chevrolet Camaro at the NASCAR Xfinity Series in Atlanta this past weekend. On Monday, baby doge statistics show the coin has dropped 42% in value over the last seven … Read more
UAE to experiment and launch an in-house digital currency
As a part of the 2023-2026 strategy, CBUAE intends to be among the world’s top 10 regulators. Go to Source Powered by WPeMatico
Grayscale’s diversified crypto fund becomes SEC-reporting firm
Grayscale also publicly filed three Form 10 registration statements on behalf of Grayscale Bitcoin Cash Trust, Grayscale Ethereum Classic Trust, and Grayscale Litecoin Trust. Go to Source Powered by WPeMatico
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Go to Source Powered by WPeMatico
California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his … Read more
Nifty’s Inc. launches social NFT platform with Warner Bros. partnership
The Nifty community plans to be an “inviting home base for new and experienced explorers of the NFT universe,” according to CEO and co-founder Jeff Marsilio. Go to Source Powered by WPeMatico
Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that the contract “creates a mechanism that allows users to pay miners to reorg the Ethereum … Read more
South Korean internet giants bid for central bank digital currency pilot
The Bank of Korea plans to select an operator to run a blockchain-based CBDC pilot next month that will test a digital won in various use cases. Go to Source Powered by WPeMatico
Bitcoin price will see breakout ‘during this week’ says trader with $38K target
Michaël van de Poppe believes that upside is in store for BTC/USD in the coming days despite nervousness about Grayscale. Go to Source Powered by WPeMatico