Category: Crypto
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Unlock New Investment Opportunities In 2024
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Wrapped crypto is a fascinating innovation reshaping the cryptocurrency landscape. Essentially, it refers to tokens that represent another asset, such as Bitcoin, on a different blockchain like Ethereum. This concept of wrapped tokens allows for increased interoperability, enabling assets to be used across multiple blockchain networks, which otherwise couldn’t communicate…
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Proof-of-stake blockchain XION introduces native utility token
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Web3 Foundry Burnt has announced the launch of the XION Foundation, a non-profit organization that will oversee the development and expansion of the Proof of Stake XION blockchain. The venture capital-backed platform also unveiled $XION, the native token of the layer 1 blockchain. Burnt shared news of these milestones on…
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Proof-of-stake blockchain XION introduces native utility token
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Web3 Foundry Burnt has announced the launch of the XION Foundation, a non-profit organization that will oversee the development and expansion of the Proof of Stake XION blockchain. The venture capital-backed platform also unveiled $XION, the native token of the layer 1 blockchain. Burnt shared news of these milestones on…
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A ‘Reservoir Of Power,’ US Senator Says In Bold Speech
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Senator Ted Cruz described Bitcoin as a “reservoir of energy” at the Texas Blockchain Council, saying Bitcoin mining could boost Texas’ grid during severe weather. According to Cruz, when traditional energy sources cannot keep up with demand, Bitcoin could be a much-needed safety net. Against this backdrop, with regard to…
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A ‘Reservoir Of Power,’ US Senator Says In Bold Speech
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Senator Ted Cruz described Bitcoin as a “reservoir of energy” at the Texas Blockchain Council, saying Bitcoin mining could boost Texas’ grid during severe weather. According to Cruz, when traditional energy sources cannot keep up with demand, Bitcoin could be a much-needed safety net. Against this backdrop, with regard to…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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Render Poised For A Staggering 990% Surge — Analyst
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In a market with mixed expectations, Render has been well received by analysts and cryptocurrency believers. Current value $4.80, Cryptocurrency researcher Crypto Patel predicts that Render will surge by over 990% to $50. This could happen despite the coin being down 75% from its peak. Related reading Conversely, Crypto Alex…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Blockchain startup Parfin raises $10m in Series A round
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Blockchain startup Parfin has secured $10 million in its Series A round, aiming to drive global expansion and bridge the gap between traditional finance and blockchain. Parfin, a Mastercard-based blockchain infrastructure company, has successfully closed the first tranche of its Series A funding, raising $10 million. In a press release…
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Canadian Crypto Exchange Founder Guilty Of Stealing $9.5M
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Recently, a panel set up by the British Columbia Securities Commission (BCSC) found that cryptocurrency exchange ezBtc was responsible for defrauding users of $13 million in Bitcoin (BTC) and Ether (ETH) between 2016 and 2029. The exchange’s founder misappropriated the funds and caused “actual loss” to investors. Cryptocurrency Savings Program…
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Canadian Crypto Exchange Founder Guilty Of Stealing $9.5M
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Recently, a panel set up by the British Columbia Securities Commission (BCSC) found that cryptocurrency exchange ezBtc was responsible for defrauding users of $13 million in Bitcoin (BTC) and Ether (ETH) between 2016 and 2029. The exchange’s founder misappropriated the funds and caused “actual loss” to investors. Cryptocurrency Savings Program…
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Goldman Sachs Holds Over $400M in Spot Bitcoin ETFs
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Goldman Sachs has disclosed holdings of $418 million in Bitcoin exchange-traded funds (ETFs), indicating growing institutional appetite for exposure to the cryptocurrency. Breaking: ?? Goldman Sachs announces holding over $400 million in the stock market #Bitcoin ETFs in New SEC Filing ? pic.twitter.com/n4nWDfCm6w — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024…
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Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows
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Although Bitcoin (BTC) and Ethereum (ETH) are still struggling to reclaim their all-time highs, there seems to be a clear reality between both assets now, as shown in the latest Data. In particular, according to a recent Matrixport report, Ethereum is now experiencing greater price volatility compared to Bitcoin in…
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Are They Truly The Future Of Money?
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Stablecoins image In an age where cryptocurrencies are reshaping the financial landscape, stablecoins have emerged as a vital bridge between traditional currencies and digital assets. As their name suggests, stablecoins are designed to maintain a stable value, often pegged to a currency like the U.S. dollar. This makes them a…
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Riot increases stake in Bitfarms with $2.2m share purchase
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Riot continues its acquisition efforts, recently purchasing $2.2 million worth of shares in Bitfarms. Riot Platforms announced the purchase of 1 million common shares from rival Bitfarms, raising its stake in the Canadian bitcoin mining company to around 18.90%. press releaseRiot said the shares were acquired at a weighted average…
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Riot increases stake in Bitfarms with $2.2m share purchase
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Riot continues its acquisition efforts, recently purchasing $2.2 million worth of shares in Bitfarms. Riot Platforms announced the purchase of 1 million common shares from rival Bitfarms, raising its stake in the Canadian bitcoin mining company to around 18.90%. press releaseRiot said the shares were acquired at a weighted average…
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As Crypto Markets Wrestle With Adversity These Three Coins are Performing admirably XRP, RLBK, and BNB Discover Why
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The cryptocurrency market has been turbulent since July. Many tokens have seen their value drop sharply. However, three cryptocurrencies are still holding up — Rollblock, XRP, and Binance Coin. XRP and Binance Coin have seen a strong rebound after a sharp drop in early August. Meanwhile, Rollblock is a relative…
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As Crypto Markets Wrestle With Adversity These Three Coins are Performing admirably XRP, RLBK, and BNB Discover Why
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The cryptocurrency market has been turbulent since July. Many tokens have seen their value drop sharply. However, three cryptocurrencies are still holding up — Rollblock, XRP, and Binance Coin. XRP and Binance Coin have seen a strong rebound after a sharp drop in early August. Meanwhile, Rollblock is a relative…