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“# More Aussies invest in cryptocurrency than in gold and silver: Survey ” A survey of more than 2000 Australian investors has found that cryptocurrency is a more popular investment than gold and silver — but it still has a long way to go to catch up to shares. The poll, conducted on behalf of…
“# Beeple NFT sells for record $6.6M as bidding for ‘Everydays’ at Christie’s hits $2.2M ” Buzzy digital artist Mike Winkelmann, aka Beeple, made NFT history yesterday with his piece, “Crossroads”, netting $6.6 million on the secondary market via Nifty Gateway. Like many Beeple artworks, Crossroads was inspired by the 2020 U.S. presidential elections. It…
“# Altcoins bounce to new highs as Bitcoin price trades sideways under $50K ” The cryptocurrency market recovered some of the losses from the past couple of days on Feb. 25 as Bitcoin (BTC) briefly pushed back above the $50,000 level and multiple altcoins have seen double-digit price gains. Data from Cointelegraph Markets and TradingView…
“# 1inch announces expansion to Binance Smart Chain, plans to run BSC node ” As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch team revealed that they’ve ported 10 million 1INCH tokens (currently worth over…
“# Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24. ” The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the exchange itself. It started on Friday, when Binance suddenly froze withdrawals of Ethereum-based assets for about one hour….
“# Blockchain soccer gaming startup Sorare raises $50M ” Sorare, a major blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major companies like Twitter, Instagram and Discord The fresh Series A round brings Sorare’s total funding to $60 million, the company told Cointelegraph Thursday. The funding round was led by Benchmark,…
“# Coinbase has held Bitcoin on its balance sheets since 2012 ” United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the company’s founding back in 2012. In a new announcement addressed to other corporate actors, the exchange presented its…
“# Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO ” Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the first quarter of 2021, the company’s chief financial officer Colette Kress forecasted on Feb. 24. Nvidia failed to meet demand…
“# India’s largest crypto exchange adopts decentralized Unstoppable Domains ” India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected…
“# DEX volumes have already surpassed $120b in 2021 ” Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far. According to Ethereum market analytics platform Dune Analytics, combined DEX volumes posted a new record of $63 billion in January. February’s volume…