Non-fungible token (NFT) marketplace platform OpenSea continues to impress during the new year, with adoption and trading metrics on the rise. The NFT giant has reached a new milestone in the number of active users on the platform. Data from Dune Analytics on Thursday, January 13,...
The popular payments company, formerly known as Square, is venturing into the Bitcoin mining business, as confirmed by the boss in a tweet on January 14. Block’s general manager for hardware, Thomas Templeton, stated that the firm was hiring a team in an effort to make...
The largest car manufacturer by market cap, Tesla, has enabled Dogecoin payments months after halting BTC settlements due to environmental issues. As a result, DOGE’s price spiked by double digits. It’s no secret that Elon Musk, the current richest man, is a fan of the original...
Crypto exchanges are looking for ways to expand their domains, and it seems that the blockchain space is no longer enough. Now, the U.S. subsidiaries of FTX and Bitstamp could be about to start offering their customers support for equity trading. According to a report from...
Yield Guild Games – a game community in the play-to-earn field – obtained support from the US cryptocurrency platform Coinbase. The partnership between the two entities should bring more assets available for scholarships. In addition, Coinbase announced it will soon acquire FairX – a CFTC-regulated derivatives...
The Swiss National Bank (SNB), together with five other banking giants, have reportedly tested whether they can process central bank digital currencies within the nation’s financial network. The institutions revealed they were able to integrate CBDCs into their existing core banking systems. The Latest CBDC Trial...
Through a memo of understanding, Torus King Blockchain IFSC recently partnered with India INX to launch India’s first Bitcoin and Ethereum ETF product. This is the first Bitcoin futures ETF to premier outside of the United States. An Indian Crypto ETF As reported by The Economic Times,...
Non-fungible tokens have been the hottest trend in 2021. They saw global recognition, mainstream adoption, and overall acceptance in and out of the cryptocurrency industry. The astronomic surge in popularity of non-fungible tokens (NFTs) led to a massive demand (and an even higher supply) of various...
The State Bank of Pakistan (the nation’s central banking institution) and the Federal government are reportedly contemplating imposing a complete ban on all cryptocurrency endeavors. The authorities claimed that digital assets are illegal, are not able to facilitate trade activities, and could be used to...
According to Guido Buehler – Chief Executive Officer of the Swiss-based SEBA Bank – bitcoin will reach a new all-time high in 2022. The exec believes institutional investments will be the main factor for such a price surge. Additionally, the digital bank raised $120 million in...