Cryptocurrency Analysis and News Portal
Even before the FTX collapse, nonfungible token (NFT) collections have already felt the impact of the crypto winter with trading volumes going down by 98%. With the FTX debacle, the once burgeoning space seems to have been hit with the final nail to its coffin. However, executives within the industry
Read More
More seriously, Buterin said this is an example of the double-edged sword of cryptography. “The problem with crypto space is that it has great incentives, but at the same time, it has incentives to go into very weird directions sometimes,” he said, noting the Ape NFTs. Source
Read More
United States Securities and Exchange Commission (SEC) commissioner Hester Peirce, sometimes known as Crypto Mom for her ardent support of the industry, spoke Tuesday at a conference hosted by the conservative-libertarian Federalist Society titled “Regulating the New Crypto Ecosystem: Necessary Regulation or Crippling Future Innovation?” Her lengthy remarks — over
Read More
Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook of the industry. Jassy stated: "We're not probably close to adding
Read More
David Heinemeier Hansson has backtracked on his decision to not support crypto. The Danish programmer who is famous for creating the Ruby on Rails programming language had been a staunch opponent of the crypto mission in the past. For Hansson, the ideologies behind the creation of cryptocurrencies did not seem
Read More
Blockchain payments firm Ripple has announced a $200-million Series C share buyback, a decision that will take the San Francisco-based tech firm to a record-high valuation of $15 billion.Back in December 2019, Ripple raised $200 million in a Series C funding round with Tetragon Financial Group, a United Kingdom-based investment firm,
Read More
Good news for Facebook’s crypto project for once. Libra got one of its first notable political pats on the back on Thursday from the Republican Senator from South Dakota Mike Rounds. This was first divulged to the public in a tweet by the popular digital assets custodian Anchorage.Anchorage, which has
Read More