Category : Blockchain

Blockchain

Fireblocks Raises $500M, Taking Valuation to $8B

Digital asset infrastructure provider Fireblocks said that it raised $500 million from investors which lifted the company's value at $8 billion. (Read More)

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin. (Read More)

Ethereum Whales Continue Buying from Weak Hands, Ramping up their Position by 200,000 ETH

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Reddit Might Gear up for NFT-Based Profile Pictures for Users

Following in the footsteps of Twitter, Reddit is eyeing to permit users to have NFT-based profile pictures through a feature that is being tested. (Read More)

Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?

Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments. (Read More)

Asia's SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding. (Read More)

Canada should 'plant a flag' in crypto, Says Wealthsimple Co-founder

The head of Crypto and stock trading platform Wealthsimple said the Canadian government should work on growing cryptocurrency and blockchain companies in the country. (Read More)

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups

Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse. (Read More)

Thailand's Market Watchdogs Suggest Crypto Regulation to Avoid Threatening Financial Stability

Regulators in Thailand, including The trio of the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF), issued a joint statement on cryptocurrencies that threaten the local financial ecosystem. (Read...

Crypto-Related Cybercrime Saw 30% Increase in 2021: Chainalysis

Blockchain analysis firm Chainalysis said that there was a 30% increase in cryptocurrency-related cybercrime last year from 2020. (Read More)

President Erdoğan of Turkey Intends to Host Virtual Forum in the Metaverse

Turkey's President has instructed officials of the ruling Justice and Development Party (AK Party) to conduct work on new developments, including metaverse. (Read More)

NFT Surpasses Crypto and Ethereum in Google Searches

To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends. (Read More)

ADB Launches Blockchain Project for Cross-Border Securities Transactions in APAC

Asian Development Bank (ADB) is going to initiate a blockchain-powered project to connect securities depositories and central banks in the APAC region. (Read More)

Bitcoin Needs to Hold $36K for Sustainable Upward Momentum

BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said. (Read More)

Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33M

Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33 million. (Read More)

South Carolina to Play Home for Greenidge's 175 Acre Crypto Mining Farm

Nasdaq-listed Greenidge Holdings has announced its plans to establish a new data center for mining cryptocurrencies in Spartanburg County, South Carolina State. (Read More)

Musk Asks McDonald's to Take Dogecoin as Payment

Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald's accepts Dogecoin. (Read More)

The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender

The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible. (Read More)

Russian Finance Ministry Believes Crypto Should be Regulated not Banned

The Ministry of Finance in Russia believes that the ban on crypto-assets should be shelved. Proper regulations would provide both transparency and protection to citizens. (Read More)

Cryptocurrencies are Assets, Not Currency, says American Express CEO

Cryptocurrencies are an asset class like gold and silver, American Express chairman and CEO American Express chairman and CEO said. (Read More)

John Lennon's Music Memorabilia to be Sold as NFTs

John Lennon and The Beatles music memorabilia will be auctioned off as NFTs on February 7th, at the Julien’s Auctions house. (Read More)

BIS to Explore Potential Advantages of Defi on Small & Medium Enterprises in H.K.

As part of its research plans, the Bank for International Settlements (BIS) will explore if decentralized finance (DeFi) technologies can enhance financing for small and medium enterprises in Hong Kong. (Read More)

Indonesian Regulator Moves to Ban Financial Services Firms by Dealing with Crypto

Indonesian market watchdog, the Otoritas Jasa Keuangan (OJK) has warned all financial service outfits operating in the country to abstain from dealing or facilitating transactions bordering on digital currencies in the country. (Read More)

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