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“# Experts debate whether NFTs really need blockchain ” At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics. By definition, NFTs are unique pieces…
“# There will be drama, warns WEF expert on Bitcoin regulation ” Those who oversee the traditional finance sector won’t just let Bitcoin (BTC) wander off into the sunset without a fight. That’s the sentiment expressed by the World Economic Forum’s head of blockchain and digital assets, Sheila Warren, who said a “dramatic” round of…
“# Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq ” Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market. COIN’s reference price was initially $250…
“# 3 reasons why Elrond (EGLD) price soared above $245 ” As mainstream cryptocurrency adoption increases and more users start transacting on blockchain networks, the need for fast, scalable protocols becomes even more apparent as transaction costs and confirmation times continue to increase. One protocol that has seen significant gains over the past month as…
“# Life beyond Ethereum: What layer-one blockchains are bringing to DeFi ” Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then…
“# Art in orbit: Kevin Abosch takes NFTs to the stars ” The phrase “NFTs are going to the stars” gets a new meaning today as Irish conceptual artist (and one of Cointelegraph’s Top 100 in Blockchain 2020) Kevin Abosch has announced the planned launch of a orbital satellite dubbed “1111 KOSMOS.” The announcement comes…
“# What will happen to Bitcoin price as Coinbase goes public? ” Bitcoin (BTC) and Ether (ETH) have continually surged toward record highs, causing the futures market of Bitcoin to see a substantial increase in volume and open interest. The term “open interest” refers to the total sum of active trades in the Bitcoin derivatives…
“# Dubai’s economic department to roll out blockchain-based corporate KYC ” Dubai’s Department of Economic Development, or “Dubai Economy,” and the Dubai International Financial Centre are working to expand their KYC platform to financial institutions across the United Arab Emirates. The DIFC made the planned project expansion known via an announcement published on its website on April…
“# Ether price flirts with $2,400 ATH as irreversible hard fork looms ” Led by Bitcoin’s (BTC) ascent to a new all-time high, along with much of the wider cryptocurrency market, Ether (ETH) continues to push new all-time highs on Wednesday as the coin price flirted with the $2,400 range for the first time. The…
“# Coinbase’s COIN stock reference price set at just $250, as 1,700 staff get free shares ” Major U.S. exchange Coinbase’s COIN stock has received a reference price at $250 from Nasdaq, ahead of the much-anticipated direct listing on the stock exchange just hours from now. The price is far below the current FTX pre-trading…