As a rule, energy transitions don’t happen quickly. It took some 200 years for coal to supplant wood as the world’s leading source of energy. The rise of oil wasn’t that much faster. After the first o...
Tag: Invest
Central Banks can safely invest in Bitcoin with BlackRock’s Bitcoin Private Trust; says DCG Founder
Digital Currency Group CEO Barry Silbert suggests that BlackRock’s bitcoin private trust makes it easier and safer for Central Banks around the globe to invest in Bitcoin. Following the Bitcoin Privat...
Top 5 New Cryptocurrency to Invest in During The Crypto Bear Market
With prices down significantly since the start of the year, there’s no better time to stock up on the top 5 new cryptos to invest in. In order to make the selection process easier, we’ll be taking a l...
What is Wrapped Bitcoin (WBTC)? Explained as Simple as ABC
Wrapped Bitcoin (WBTC) is an ERC-20 token backed by bitcoin. You can exchange it for bitcoin on a ratio of one to one (1:1). An ERC-20 token, on the other hand, is a digital asset issued on the Ethere...
DEX Protocol Injective Raises $40 Million Ecosystem Development Fund
Decentralized exchange (DEX) protocol, Injective announced today it has raised $40 million in a just-concluded funding round. According to the announcement, investors in the round include Jump Crypto ...
Crypto Exchange Hotbit Suspends Withdrawals Over Criminal Investigations
Singapore-based cryptocurrency exchange Hotbit has suspended all activities, including deposits and withdrawals, over criminal investigations against its former employee, the company announced Wednesd...
CryptoCom CEO Says Crypto Will Bounce Back Strongly
Kris Marszalek, CEO of popular cryptocurrency exchange CryptoCom, said that the crypto industry will come back strongly once it recovers from the current bear market. During an interview with CNBC on ...
ARK Invest Founder Says BlackRock’s Entry Doubled the Price of BTC
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Everything The Markets Have Wrong About GameStop (and One Thing They Have Right)
NEW YORK, NEW YORK – SEPTEMBER 16: People pass a GameStop store in lower Manhattan on September 16, … [+] 2019 in New York City. GameStop has announced that they will be closing between 18...
Ark Invest Analysts Share Bullish Outlook for Coinbase, Block
Bitcoin’s price could surge between $200,000 and $500,000 if institutions together allocated between 2.5% and 6.5% of their portfolios to BTC, Ark found Block’s Cash App tipped to enjoy long-term grow...
Algorand Partners Boston University to Support African Farmers Using Blockchain
The Algorand Foundation, a non-profit organization aimed at supporting the Algorand network, recently announced its partnership with Boston University and Kenya-based agricultural company, Hello Tract...
Iran Places Order to Import $10M Goods, Pays With Crypto
Iran has recently used cryptocurrencies to pay for goods that would be imported into the country. Although the crypto assets used in the purchase were not disclosed, Alireza Peyman-Pak, head of Iran’s...
Ethereum Layer2 Arbitrum Launches New Nova Network With Reddit Support
Arbitrum, an Ethereum layer2 scaling solution, has launched a second chain built on AnyTrust Technology dubbed “Arbitrum Nova.” Reddit will use the new chain to enhance its blockchain-based Community ...
Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin
ARK Invest founder Cathie Wood thinks BlackRock’s entry into the crypto space could have huge implications for the price of Bitcoin (BTC). Last week, US-based crypto giant Coinbase announced that it t...
Neowiz Partners Polygon to Launch Blockchain Gaming Platform
Polygon, an Ethereum layer-2 scaling solution, announced on Tuesday its partnership with South Korean gaming company Neowiz to launch a new blockchain-based gaming platform dubbed Intella X. What is I...
Cathie Wood’s Ark Invest Buys $60 Million In Nvidia Stock After Chipmaker’s $40 Billion Plunge
Topline Cathie Wood’s Ark Invest splurged on shares of Nvidia on Monday after the gaming-focused chipmaker warned it likely missed revenue projections last quarter—doubling down on a lofty investment ...
Taiwan crisis pushes Intel to invest billions in Europe
With the tensions surrounding Taiwan and major forces like China and the US, certain companies stand to benefit on the margins like Intel (NASDAQ: INTC). In essence, the US is looking to bolster domes...
STEPN: Should you invest in GMT before ‘sneaker season’ ends
Many crypto projects have recovered from the crypto winter. STEPN is another project that has shown extensive growth since June’s bottoms. The move-to-earn gaming phenomenon has come back to lif...
Vitalik Buterin Shares Idea for Privacy-Focused NFTs
Vitalik Buterin, the founder of the Ethereum network, has shared details on the idea of utilizing stealth addresses in the trading of non-fungible tokens (NFTs). This entails that a user can send an N...
U.S. Treasury Sanctions Tornado Cash Addresses
The Office of Foreign Assets Control (“OFAC”) of the United States Department of the Treasury has added addresses belonging to the Ethereum-based privacy protocol, Tornado Cash, to its sanction list. ...
Serenity Shield Launches First Cryptographic Sensitive Data Storage and Succession Solution on Blockchain
Serenity Shield, a decentralized application platform that offers an innovative, revolutionary approach to crypto inheritance and secure storage solutions for sensitive data, is launching the Minimum ...
Crypto Lender Hodlnaut Pauses Withdrawals, Deposits, and Token Swaps
Singapore-based crypto lending platform Hodlnaut has joined a growing list of crypto lenders that have paused withdrawal services. The company announced on Monday that it had suspended token swaps and...
Elon Musk: I Never Forced Anyone to Invest in Crypto
Elon Musk has come to his own defense following a recent lawsuit that has been thrown in his direction. The suit is coming from a group of investors who claim they lost millions of dollars on Dogecoin...
Indian Student Arrested for Allegedly Using Crypto to Fund ISIS
Last week, a student in India was arrested for allegedly using cryptocurrencies to sponsor the activities of the Islamic State of Iraq and Syria (ISIS), a terrorist group. The crypto assets involved i...
The Best Crypto to Invest in Right Now
Many of the readers who know about the Industrial Revolutions may admit that the world is in its 3rd stage. Facing issues, such as population growth, limits on natural resources, and unrest because of...
Tron Founder Justin Sun Backs Survival of Legacy Ethereum Post Merge
As the tentative date for Ethereum’s switch to a Proof-of-Stake (PoS) network approaches, controversies surrounding the future of the legacy Ethereum network post-merge are taking center stage. Tron f...
Indian State Maharashtra Issues Nearly 100,000 Diplomas on Polygon Blockchain
The Maharashtra State Board of Skill Development (MSBSD) in collaboration with Maharashtra State Innovation Society (MSINS) has issued about 100,000 verifiable diplomas on Polygon blockchain using the...