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Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge
21.5.2022
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF
17.5.2022
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments,...
‘Wave of Crypto Muggings’ Hits London’s Financial District
9.5.2022
In the UK, thieves are targeting crypto traders in “a wave of crypto muggings,” with police warning that “thousands of pounds have been stolen” by criminals looking out for opportunities to access other people’s wallets and transfer funds into their own accounts, per a new report.
The report...
Floki Inu resumes controversial ad blitz in London
26.4.2022
The new campaign spanning buses and train stations across the city comes only a few weeks after regulators banned the previous ads from a marketing run Floki Inu conducted in 2021
Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu
20.4.2022
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.”...
Club Penguin Remake Pulled By Disney, Three Arrested
14.4.2022
Club Penguin was a massively popular children’s MMO that was eventually acquired (and later shuttered) by Disney. However, that hasn’t stopped popular clones from amassing millions of users. Now the official website for the most popular clone, Club Penguin Rewritten, has been seized by the City...
Luno Forges Multimillion Dollar Partnership With London Entertainment Venue KOKO
13.4.2022
Luno announced a multi-million dollar partnership with U.K. entertainment venue KOKO, which has hosted the likes of Madonna, Prince, Stormzy, H.E.R., Amy Winehouse and Kanye West
DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level
30.3.2022
PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi...
BitYard Officially Partners With Mercuryo to Enhance Crypto Payment Solutions
23.3.2022
PRESS RELEASE. Mercuryo is an international fintech company based in London founded in 2018, focused on providing cryptocurrency payment solutions. The company’s cryptocurrency infrastructure provides global access to fast and cheap money transfers with a bank-level oversight and it’s...
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
21.3.2022
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every...
Crypto Exchanges Facing 'Fork in the Road' Over Russia Sanctions - London Stock Exchange Group CEO
17.3.2022
Amid the West’s intensifying efforts to punish Russia’s authorities for their invasion of Ukraine, crypto exchanges are facing long-term damage to their industry if they decide to remain active in the Russian market, according to David Schwimmer, CEO of the London Stock Exchange Group....
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Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities
7.3.2022
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a few days after it revoked the membership of three sanctioned Russian banks. LBMA...
How behavioral tokenomics could facilitate the creation of a circular economy
3.3.2022
Cointelegraph tech reporter Tom Farren visited Imperial College London to gain firsthand insight into its joint project with Iota and the potential use cases for DLT in the environmental space
UK Advertising Watchdog Bans Floki Inu London Ad Campaign
2.3.2022
The UK advertising watchdog Advertising Standards Authority (ASA) has decided to ban an advertising campaign launched by floki inu (FLK), a memecoin named after Tesla and SpaceX founder Elon Musk’s Shiba Inu dog. The move follows earlier calls by local politicians to ban ads featuring...
UAE Property Developer DAMAC to Launch Metaverse Project in March Says Managing Director
2.3.2022
One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said. DAMAC Looking Into NFTs and Metaverse According to Ali Sajwani, the managing...
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
26.2.2022
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been...
London Stock Exchange acquires cloud-based technology provider Tora in $325M deal
22.2.2022
The LSEG specifically outlined Tora's exposure to digital assets as part of the reason for the acquisition
Earn Guild Is Coming to PancakeSwap
22.2.2022
PRESS RELEASE. London, England, Feb 21st, 2022 – Earn Guild, a next-gen guild system for play-to-earn gaming, will be conducting its public sale tomorrow, February 22, at 2:00 pm UTC on the PancakeSwap exchange. Shortly after the Initial Decentralized Offering (IDO), the $EARN token will...
Coming Soon, Time Raiders: The Greatest NFT Treasure Hunt of All Time
15.2.2022
PRESS RELEASE. LONDON, February 15, 2022 – Independent video game studio and publisher Utopian Game Labs, has teamed up with alphabit fund, the crypto asset fund advancing the overall development of the sector by investing in the world’s most innovative blockchain projects, to bring...
Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature
12.2.2022
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps...