Cryptocurrency Analysis and News Portal
Tesla CEO Elon Musk, who has been named Time Magazine’s Person of the Year, says bitcoin is suitable as a store of value while the meme cryptocurrency dogecoin is more suitable for transactions. “Even though it’s created as a silly joke, dogecoin is better suited for transactions,” Musk said. Time Magazine’s
Read More
Binance has named three former housemates from the popular Nigerian reality television show “Big Brother Naija” as the cryptocurrency exchange’s brand ambassadors for the African continent. Bringing Crypto to the Mainstream Leading cryptocurrency exchange Binance has said as part of its plan to increase its foothold on the African continent, it has
Read More
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth
Read More
The bitcoin miner’s third quarter revenue grew 484% year-over-year, and the company appointed Robert Loughran as its new Chief Financial Officer. Nov 15, 2021 at 3:27 p.m. UTCUpdated Nov 15, 2021 at 3:28 p.m. UTCGreenidge Generation mining facility (Getty Images) Original Source
Read More
As Executive Editor, Marc is leading the development of CoinDesk’s soon-to-be named online magazine of ideas, which will focus on long-form stories, investigative pieces, people profiles, Op-Eds and research, providing a resource for those looking for deeper dives into the many contentious issues facing this industry. Under Marc’s leadership, the
Read More
Nassim Eddequiouaq and Riyaz Faizullabhoy are joining the venture giant’s crypto-focused arm from Facebook, where they co-created the Novi wallet’s crypto custody infrastructure.Oct 12, 2021 at 12:56 a.m. UTCUpdated Oct 12, 2021 at 12:56 a.m. UTCAndreessen Horowitz (a16z) co-founder Marc Andreessen (JD Lasica/Flickr) Original Source
Read More
Circle, the payment services company that operates stablecoin USDC, subsidiary crypto exchange Poloniex and equity crowdfunding platform SeedInvest, has named Devron Brown to be its senior director for global policy, according to a tweet posted by Dante Disparte, chief of strategy and head of global policy at Circle. The position
Read More
Metaplex, a company that allows creators and brands to build their own non-fungible token (NFT) storefronts on the Solana blockchain, named Adam Jefferies as CEO of its new Metaplex Studio.The company said Wednesday the studio is tasked with onboarding many more artists and makers onto Metaplex. Jefferies will be responsible
Read More
Since starting in 2018, Unstoppable Domains has registered over 1.4 million domain names, including several for Fortune 1000 companies. The company sells domains that end in “.crypto”, “.wallet”, “.coin” and “.nft”, among others. The company also plans to launch “.blockchain.” Source
Read More
Scalia and Armstrong were granted a standard options deal for joining the company (650,000 committed shares at an exercise price of $0.56 per share), but there’s also an asset purchase agreement. Fortress agreed to purchase approximately CAD$254,000 (US$200,600 ) worth of bitcoin mining machines and CAD$306,000 (US$241,700) worth of bitcoin
Read More