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“# Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone ” The world’s second-largest stablecoin by market capitalization keeps on growing as it erodes the dominance of the current leader, Tether. The stablecoin landscape is a constantly-shifting dynamic but one trend has become clear over the past year or so — Tether’s dominance is…
“# Report: Bitcoin mining network accounts for 0.08% of world’s CO2 production ” In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or CO2, in 2021. In context, the number amounts to less…
“# VanEck launches its first multi-token cryptocurrency fund ” On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an exchange-traded note, or ETN, on the Deutsche…
“# Turkish blockchain company opens regional crypto exchanges in globalization bid ” Turkish blockchain provider Bitci seeks to establish local crypto exchanges in Brazil and Spain in a bid to lure local crypto investors. A Bitci spokesperson told Cointelegraph that Bitci is planning to open new crypto exchanges in the countries where the company has…
“# NFT philanthropy demonstrates new ways of giving back ” NFTs, or nonfungible tokens, have created a wealth of opportunities over the last year. Data from market tracker DappRadar found that NFT sales reached $25 billion in 2021. Artwork NFTs in particular have seen impressive growth. Financial services firm FinancePR recently determined that 257 artists…
“# El Salvador president predicts ‘gigantic price increase’ for Bitcoin ” Salvadoran President Nayib Bukele has made yet another bullish Bitcoin prediction soon after the International Monetary Fund urged his government to remove Bitcoin’s status as legal tender. Bukele took to Twitter on Monday to predict that Bitcoin (BTC) will ultimately see a “gigantic price increase”…
“# UNICEF calls for child safeguards amid mainstream crypto adoption ” The United Nations Children’s Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets. UNICEF’s “Prospects for children in 2022” report, which examines the impact of global trends on children, anticipates further mainstream…
“# Inside the blockchain developers’ mind: How to build the next big social DApp ” Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. People use social applications daily, but despite all the…
“#Zsa Zsa Gabor widower adopting grown man to inherit royal title” Frédéric Prinz von Anhalt is desperate. Childless and 78 years old, he needs an heir to inherit his estate and care for him as he slides into dotage. Plus his royal lineage, which, he maintains, traces back some 1,000 years, would cease to exist…
“# China pilots nationwide blockchain development over real-world use cases ” The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164 entities. The initiative aims for the large-scale implementation of blockchain technology across businesses and government organizations in China. The CAC,…