Latest stories

This is how to make — and lose — a fortune with NFTs – Cointelegraph Magazine

T

The increase in the number of unforced chips (NFTs) this year is nothing short of mind-boggling. NFT searches on Google are up over 600% since mid-February, reaching the first levels of coin offer mania, with top NFT platforms bringing in $ million per day. In a 24-hour period in early March, sports collection platform NBA Top Shot generated $7.89 million in revenue, art house OpenSea $4.88...

Bitcoin on ‘inevitable path’ to reach gold’s market cap – Mike Novogratz

B

Galaxy Digital CEO Mike Novogratz believes bitcoin (BTC) is on track to match or surpass the market capitalization of gold, amid a rapid wave of adoption of digital assets by individuals and institutions. In an interview with CNBC’s Squawk Box, Novogratz said that the adoption of cryptocurrencies is happening much faster than I expected, adding that it shocks me to see how quickly people...

iPhone user blames Apple for $600K Bitcoin theft via fake app

i

A fraudulent crypto currency app on Apple’s App Store has reportedly stolen $600,000 worth of bitcoin (BTC) from an iOS user. Cryptocurrency owner Philippe Christodoulou fell victim to an app store scam and lost almost all of his savings to a fake cryptocurrency wallet app, The Washington Post reported Tuesday. Last month, Christodoulou went to the App Store to find the mobile app Trezor...

Nic Carter takes aim at claims Bitcoin is an environmental disaster

N

Nic Carter, co-founder of Coin Metrics, has strongly refuted a number of key claims that energy-intensive bitcoin mining is causing an environmental disaster. In a detailed article titled Noahbjectivity on Bitcoin mining, written on March 30. the Castle Island Ventures partner responds to claims made by Bloomberg columnist Noah Smith in a March 24 article. March with headline Bitcoin miners are...

Tron’s Justin Sun Unveils NFT Fund Aimed at Art Acquisition – Blockchain Bitcoin News

T

Shortly after winning Beeple’s Ocean Front NFT auction, Justin Sun made headlines when he decided to create an investment fund that collects top-notch art. FoundationA foot in the door of Sunshine Ambition in the NFTEcosystem Ongoing efforts to digitize art and collectibles have brought new attention to the blockchain industry, as staggering results from NFT auctions attract high-profile...

Developers Launch the First Hosted Noncustodial Payment Processor for Bitcoin Cash Payments – Technology Bitcoin News

D

Bitcoin Cash supporters were recently introduced to a new deposit-free payment processor, Prompt.Cash. The platform provides merchants with an easy way to accept peer-to-peer electronic cash payments and can generate a new address for each invoice. Quick.cash : Hosted giro payments system for P2P acceptance of e-money A number of innovative applications using the cryptocurrency Bitcoin (BCH) are...

When ‘alt season?’ Now, says analyst as Bitcoin dominance hits 6-month low

W

Bitcoin (BTC) now accounts for less than 60% of the total cryptocurrency market capitalization, heralding the arrival of Alt Season 2.0. In a tweet from 29. In March, analyst Filbfilb, co-founder of the Decentrader Chamber of Commerce, announced that conditions were finally right for a new altcoin boom, with total market capitalization reaching a new high of nearly $750 billion. Capitalization of...

90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says

9

Most bitcoin (BTC) is mined outside the United States using dirty energy, Miami Mayor Francis Suarez said. Suarez discussed the environmental impact of bitcoin mining in an unconfirmed episode of a podcast on the 26th. March with crypto journalist Laura Sheen. The mayor said the US should mine more bitcoins for national security reasons. Part of the problem with bitcoin is that 90% of it is not...

New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’ – Finance Bitcoin News

N

New Zealand hedge fund NZ Funds Management, which had $350 million in assets under management at the end of December 2020, said five per cent of its funds were invested in bitcoin. According to James Grigor, managing director of the company, bitcoin will also be included in more of Kiwisaver’s investment programs over the next five years. You cannot buy bitcoins at a discount As a local...

Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings

I

The Indian government has introduced new rules for the disclosure of cryptocurrencies. Cryptocurrency companies will be required to provide a compliance statement from 1..2004. April as part of their financial statements disclose, among other things, their holdings of cryptocurrencies. New cryptographic disclosure requirements Last week, India’s Ministry of Corporate Affairs (MCA) issued a...

Your sidebar area is currently empty. Hurry up and add some widgets.