Crypto news

This week was nothing short of eventful from all ends of the spectrum. The market went through considerable volatility, fortunately – it was to the upside for the most part. One of the most popular NFT series – Azuki – also airdropped additional NFTs to its holders while the anticipation and hype more or less doubled its value. All this while Axie Infinity’s Ronin bridge was exploited for some $600 million in what can easily be the largest crypto hack ever. Let’s unpack....

In der Schweiz gibt es seit fast einem Jahr einen gesetzlichen Rahmen für die Tokenisierung von Unternehmensvermögen. Das Schweizer Unternehmen TBô ist ein gutes Beispiel dafür, wie man mithilfe der Blockchain-Technologie Finanzmittel beschaffen kann. Der Finanzsektor ist seit langem ein Nutznießer der Digitalisierung. Es ist unbestreitbar, dass die Digitalisierung den Unternehmen Möglichkeiten zur Kapitalbeschaffung bietet. Die Umwandlung von Unternehmensanteilen in tokenisierte...

It’s April 1st – a day celebrated internationally by people who make practical jokes and have fun. In previous years, we’ve always dedicated a piece on something fun and whimsical to brighten the mood of our readers, but today, it’s important to remain careful. The industry has changed a lot in the past year, and with the advent of non-fungible tokens (NFTs), scammers found a new niche to exploit. Over the past month, we’ve all heard numerous stories of people losing their...

As the new quarter rolls in at full speed, Charles Hoskinson – the founder of Cardano – and Snoop Dogg, who needs no introduction, will discuss the Cardano ecosystem in a few days. Charles Hoskinson will be meeting Snoop Dogg to talk about the Cardano Ecosystem at Cardano360 on April 5th. This became clear earlier when both parties confirmed the happening. Yes, I’ll be with Snoop on the 5th. I have the best job in the world. – Said Hoskinson in a tweet. Snoop Dogg, on the...

Bitcoin cash price started a fresh increase from the $320 support against the US Dollar. The price is now trading above the $360 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $362 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $350 support zone. Bitcoin cash price is showing positive signs above $360 against the US...

As the war in Ukraine unfolds, the international cryptocurrency community has raised millions in donations to support its people. At present, the number of tallied funds raised for the invaded nation tops $100 million. Writing for Finbold Tuesday, Jordan Major noted: “Ukraine continues to receive a substantial influx of cryptocurrency contributions, with the value now reaching over $100 million, as more well-wishers show solidarity in the face of the escalating Russian...

Sankar Das Sarma – a physicist from the University of Maryland – recently wrote at length about why the capabilities of quantum computing are overhyped at the moment. Specifically, he clarifies that quantum computing has evolved nowhere close to the stage required to break the public key cryptography used in popular technologies today – such as Bitcoin. A Long Way to Go for Quantum Computing As written in an opinion piece for Technology Review, Sarma suggests that ‘Quantum...

Global league Sail GP, founded by software tycoon Larry Ellison, is on the verge of having an entire team that’s owned and operated by crypto fans. The group is set to begin its fourth season in the latter half of 2023, and things look like they’re about to change up dramatically. Sail GP Is Bringing Crypto to the Forefront Sail GP has joined hands with blockchain development firm NEAR to allow crypto enthusiasts to engage with both their favorite athletes and teams in a...

The European Union today voted in favor of outlawing all anonymous crypto transactions – including from self-hosted wallets – facilitated through exchanges. This rule will apply to transactions of any size, meaning both payers and recipients of even the smallest digital asset payment must be identified. The Partisan Vote The law comes as part of a package of anti-money laundering revisions to the EU’s Transfer of Funds Regulation (TFR). It brings rules applying to...

Given the total addressable market for digital on-chain transactions is far bigger than the current DeFi market size, worth around $200B, Grayscale said DeFi protocols powered by smart contracts are still being undervalued. The current capital markets alone are 500x more than the DeFi market, Grayscale outlined. In addition, NFT-associated transactions and Metaverse-related applications could critically drive up the value of base chains. American Cities Analogous to...