Social media giant Twitter has enabled a feature that lets users officially verify NFTs used for their profile pictures. Previously, anyone could simply right-click and copy an image, and there was no proof of ownership without digging into the Ethereum blockchain to check it. The feature,...
Things took a turn for the worse in the past few hours as Bitcoin’s price reversed and dropped to a 6-month low at $38,200 (on Binance). This also left over $700 million worth of liquidations in the past 24 hours alone. Bitcoin’s price tumbled below $40K...
The successful PSG player, goalscorer for the Brazilian national soccer team, and NFT enthusiast Neymar Jr, is the newest member of the elite Bored Ape Yacht Club. Neymar shared the news with his followers on Twitter, posting a photo of his new pink ape outfitted with...
The cryptocurrency lending platform – Nexo – joined forces with the Nasdaq-listed digital asset company – Bakkt Holdings. As a result, the latter will custody a portion of Nexo’s Bitcoin and Ethereum holdings in the Bakkt Warehouse. Bakkt’s Newest Partnership The Bakkt Warehouse comprises both online (“warm”)...
Tarjih Muhammadiyah is the third Islamic organization to issue a fatwa against the use of cryptocurrencies in Indonesia. Cryptocurrencies аnd Fatwas According to a report by CNBC Indonesia, the Tarjih Council and the Central Executive Tajdid of Muhammadiyah issued a new fatwa against cryptocurrency use, deeming it...
Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-largest cryptocurrency. The Paycheck Promise The City of New York confirmed...
The digital asset exchange – CryptoCom – came up with an official statement regarding the latest attack on its platform. The company revealed that the incident affected nearly 500 people, but they were fully refunded. The Saga Had a Happy End In its most recent report, CryptoCom...
While there have been calls by the cryptocurrency community for the SEC to provide clearer regulation for the industry, one of the agency’s commissioners thinks otherwise. SEC Does Not Need to Re-Invent the Wheel Allison Lee, a Commissioner for the U.S. Securities and Exchange Commission (SEC), while...
Despite the relatively long consolidation phase in the past few weeks, the options traders, alongside the on-chain metrics, are showing uncertainty. The fear on the macro scale is affecting both the cryptocurrency and stock market. Options Market Analysis This Friday, January 21st, approximately $538 million worth of...
The central banking institution of the largest country by landmass – the Bank of Russia – urged the local government to impose a blanket ban on all cryptocurrency endeavors on Russian territory. It argued that digital assets remind of a pyramid scheme, undermine the sovereignty...