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“# True or false: 91% of surveys about Bitcoin and crypto are totally wrong ” When Tony Richards, the Head of Payments Policy at the Reserve Bank of Australia (RBA), read the recent survey results from Finder’s Crypto Report saying that almost one in five Australians owned crypto, he didn’t believe it for a second….
“# ENS DAO delegates offer perspective on DAO governance and decentralized identity ” Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community. Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision…
“# NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research ” In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them? Well, these are nonfungible tokens, or NFTs, in a nutshell. NFTs are…
“# 3D metaverse marketplace MetaMundo aims for 2022 launch with new funding ” MetaMundo, a virtual nonfungible token (NFT) marketplace focused on the metaverse, has announced the completion of a seed funding round of $2.7 million. Led by Animoca Brands, MetaMundo’s debut funding further included Hypersphere Ventures, Digital Currency Group, OP Crypto, Metacartel Ventures, and…
“# CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec ” Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia. The central bank of Indonesia is considering launching a digital…
“# India misinterpreted private crypto ban, says crypto bill creator ” The creator of India’s crypto bill, former Finance Minister Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain technology. The Parliamentary discussions around a controversial crypto bill sparked fears around the ban…
“# Galaxy Digital raises $500 million in convertible debt to fund business expansion ” Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company equity and bears…
“# MicroStrategy purchases $414.4 million worth of Bitcoin with total BTC balance eclipsing $3.5 billion ” Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday morning via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC) worth approximately $414.4 million and an average price of $59,187 per…
“# Invesco launches spot Bitcoin ETP on Deutsche Borse ” Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC exchange-traded note (ETN) in Europe. On Nov. 29, German stock market operator Deutsche Boerse officially announced the listing of the Invesco…
“# Bitcoin transaction fees are down by over 50% this year ” According to YCharts data, the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%. This rise may be attributed to a variety of factors. One explanation is that the fast expansion of the Bitcoin…