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Kraken Set To Let Users Borrow Funds Against Their NFTs
24.12.2021
US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company's CEO, Jesse Powell.
“If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your...
Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
23.12.2021
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio...
Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million
22.12.2021
The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira...
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
22.12.2021
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether...
Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter
21.12.2021
The Canadian platform wants to expose the true identity of Shytoshi Kusama, who volunteers as project lead for the popular Shiba Inu memecoin
Kenyan Businessman Accused of Defrauding Investors of More Than $140 Million
19.12.2021
Businessman and owner of a Kenyan football club, Ricardo Badoer, has been accused of fleecing more than $140 million from investors via his Aidos Kuneen cryptocurrency. Threats Against Investors According to a local report, Kenyan businessman Ricardo Badoer is being accused of defrauding investors...
The Sandbox co-founder wants to defend Metaverse against Big Tech
14.12.2021
The Big Tech holds the monopoly in Web 2.0, something the Web 3.0 technologies such as Metaverse and crypto are trying to break
Bitcoin loses $48K on Wall Street open as trader warns altcoins look 'REKT' against BTC
13.12.2021
Bitcoin dominance holds firm despite fresh USD losses as traditional finance trading gets underway
Ethereum, Major Altcoins Drop Against Bitcoin
10.12.2021
Bitcoin price failed to clear the USD 50,000 resistance zone and corrected gains. BTC traded below the USD 49,000 support level. It is currently (04:26 UTC) showing bearish signs near USD 48,500 and is down over 2% in a day....
Read More: Ethereum, Major Altcoins Drop Against Bitcoin
EOS Slashes Gains after Rally Fueled by Community’s Revolt Against Block.one
9.12.2021
EOS investors took a chance to exit after a strong rally yesterday, prompted by the news that the EOS community voted to stop token vesting to Block.one, the developer of EOSIO, an open-sourced blockchain software....
Read More: EOS Slashes Gains after Rally Fueled by Community’s Revolt Against...
Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows
9.12.2021
Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments....
Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm
8.12.2021
A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be dropped, must be accepted within seven days. A Better Offer A new mystery...
Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
8.12.2021
Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since...
Bank of Russia Rejects Provision of Crypto-Related Financial Services
7.12.2021
Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial...
Gold, Bitcoin or DeFi: How can investors hedge against inflation?
4.12.2021
Over the last 10 years, Bitcoin has been through 20 different bear markets. Is it finally starting to prove itself?
Ethereum 'about to go parabolic' against Bitcoin as analysts weigh BTC bear case
3.12.2021
ETH/BTC stays near its highest since 2018, but that's nothing compared to its next move, one trader believes
$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action
1.12.2021
While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because...
Blockchain-Based Identity Systems Are Our Only Chance Against Online Fraud
1.12.2021
The entire social media landscape has sprung up around the idea that we just love to engage with people online. On Facebook, Twitter, Instagram, or TikTok, we form groups and communities based on mutual likes or dislikes and find ourselves chatting to complete strangers, sometimes on the other side...
Bank of England Governor Worried About Bitcoin Being Legal Tender in El Salvador
29.11.2021
The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would...
Kevin O’Leary on SEC v Ripple Lawsuit Over XRP: ‘I Have Zero Interest in Investing in Litigation Against SEC’
28.11.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has zero interest in investing in anything with litigation from the U.S. Securities and Exchange Commission (SEC). “That is a very bad idea,” he said. Discussing the SEC lawsuit against Ripple over XRP, he emphasized:...