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Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...
JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit Escape Velocity
17.10.2021
Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that...
Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple
15.10.2021
On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by...
Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors
13.10.2021
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized...
Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month
13.10.2021
During the second week of October, bitcoin market values have maintained prices between $54K to $57K. Meanwhile, myriad alternative crypto assets have not yet seen the gains the leading crypto asset has enjoyed during the last two weeks. For instance, cardano used to be the third-largest crypto...
IMF reiterates more oversight for crypto in latest report on financial stability
12.10.2021
The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility
Jeff Bezos Gets Plastered All Over Twitch Post Leak
9.10.2021
Just days after Twitch suffered a giant security breach leaking over 125GB of data, the face of Amazon founder and chairman, Jeff Bezos, was seen trolling several of the streaming platform’s game directory pages. How it got there, or why, remains a mystery.Read more
Yes, Far Cry 6 Has A Transmog Feature
8.10.2021
Far Cry 6, Ubisoft’s cockfighting game that includes a gazillion-hour open-world shooter, has a transmog feature. But you might not know so from the start. In fact, to take it from some players, it’s all too easy to glaze right over it.Read more
Avengers Adds Paid Experience Boosts, Pissing Off Everybody
8.10.2021
Last week Marvel’s Avengers was added to Xbox Game Pass, quickly becoming one of the most played games on the console. Perhaps capitalizing on this forward momentum, this week Avengers adds paid timed experience point boosters to its cash shop, something the developers said they were committed...
The Financial System Is In 'An Age of Disruption,' BIS Official Admits
7.10.2021
tion Hub.Speaking at the Geneva Conference on the World Economy in Geneva, Switzerland on Thursday, Cœuré said that “cryptocurrencies, the rapid rise of decentralized finance (DeFi), and
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year
2.10.2021
Bitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on...
Bandai Namco Changed Its Logo And Fans Think It Kinda Sucks
1.10.2021
In 2005, Bandai and Namco merged, and the following year, Bandai Namco was born. To mark the new conglomerate, the company got a yellow, red, and orange logo with the company’s name in white font. It’s not a bad look, and stands out among Japanese game companies. But next year, Bandai Namco...
KYC Headaches on the Horizon for South Korean Exchanges
30.9.2021
noreferrer" href="https://www.chosun.com/economy/economy_general/2021/09/29/LKOMX43J75A5JJSIWZHIHUT4XU/">Per the Chosun Ilbo, a spate of new regulatory requirements that came into force last week is slowing down business at the nation’s biggest crypto exchange.Recently promulgated amendm
Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto
30.9.2021
On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value...
Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese
30.9.2021
While there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders...
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
29.9.2021
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from...
Amazon’s New World MMO Won’t Let You Name Yourself Jeff Bezos
29.9.2021
No, you cannot name yourself Jeff Bezos or any variant thereof in Amazon’s recently released and incredibly messy Massively Multiplayer Online Colonization Simulator, The New World. This is unsurprising given the extremely fragile egos of the most powerful men on earth.Read more
OP Crypto Capital founder cites gaming, Web 3 as drivers of crypto economy
28.9.2021
The venture fund led by David Gan is backed by Digital Currency Group, Galaxy Digital, Huobi Ventures, Bybit's venture arm and others
The Biggest Crypto Economy, Bitcoin Reaches Verifone, Alibaba Ban + More News
28.9.2021
hern-western-europe-cryptocurrency-geography-report-2021-preview">according to Chainalysis. Having ranked second last year, CNWE’s new position in the top spot is the result of tremendous growth starting in July 2020, combined with a relative decline in activity in Eastern Asia, they added