Tag Archives: social

Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his view, cryptocurrencies are not ideal, but they are “fundamentally better” than any other financial product. The entrepreneur once again claimed that Bitcoin’s main use case is a store of wealth, while Dogecoin is better suited for payments. Nothing Better Than Crypto so Far During a recent interview with Lex Fridman, one of the most influential individuals in the...

The Chinese government has gone out of its way on the crypto crackdown. Despite this, the industry has evolved tremendously and continues to capture the imagination of many. Joe Tsai, who happens to be the executive vice-chairman of the Chinese e-commerce behemoth, Alibaba Group, is the latest to share his feelings on Twitter in three simple words, saying – “I like crypto.” Tsai is Bullish on Crypto Joe Tsai’s latest comment on crypto has created a frenzy in the...

E11EVEN Partners – the brand behind the famous disco club in Downtown Miami, the E11EVEN Voda, and the E11EVEN Hotel & Residences, purchased Ape #11 of the Bored Ape Yacht Club for 99ETH ($396,000 at the moment of the transaction). Thus, the company put its name next to Steph Curry, Post Malone, and others who acquired NFTs from the same collection. E11EVEN Deepens Crypto Foray According to a recent press release, Bored Ape number 11, one of the 10,000 NFTs in the Bored...

The CEO of FTX – Sam Bankman-Fried (SBF) – came out with a long Twitter thread to outline some of the hurdles in front of the cryptocurrency industry and how to potentially handle them in the following years. Before diving into some of the challenges, SBF outlined what the industry has already achieved. Namely, these include a solid userbase, smart contracts, numerous potential use cases, the beginning of scaling solutions, as well as “an enormous amount of attention.” Yet,...

Ozzy Osbourne has announced entering the crypto industry with the launch of his very own NFT collection – Cryptobatz. He is paying tribute to one of the most iconic (or bizarre as some may say) moments in music history. With the NFT debut, the former Black Sabbath singer now joins a long list of proponents that includes American heavy metal bands – Megadeth and Avenged Sevenfold – among others. Ozzy Enters NFT Space Osbourne’s tryst with bats isn’t new. His latest NFT...

The world’s richest man posted a photo on Twitter about his dog wearing a Santa Claus outfit with a message “Santa Floki.” So far, nothing out of the ordinary. Yet, a cryptocurrency token with the same name surged by five-digit percentages in the following hours before it dumped shortly after. Aside from being the CEO of some of the most prominent companies nowadays, Elon Musk’s name is synonymous with massive gains for memecoins in the crypto space. His influence has grown...

The American breast cancer organization – Susan G. Komen (also known as Komen) – enabled people willing to support the cause to donate digital assets instead of fiat currencies. The partner in the initiative is the donation platform – The Giving Block. Susan G. Komen announced the new additions on its Twitter page. The organization raised hopes that this new type of donation will provide “more ways to fight breast cancer and save lives.” 🚨 Breaking news🚨Through a partnership...

Ray Dalio – a prominent investor and founder of Bridgewater Associates – believes humanity is entering an era where there will be a competition of money, and bitcoin will be part of that contest. The primary cryptocurrency is also an alternative to gold, the billionaire added. ‘Bitcoin Has Proven Itself’ The 72-year old American has not always been such an advocate of the leading digital asset. At the beginning of 2020, he said bitcoin fails to serve the purpose of money and...

As the year is inching close, the world’s largest cryptocurrency exchange, Binance, has secured an MSB license to offer cryptocurrency services from the Candian regulatory authorities. On the same day, the company also received in-principle approval from the central bank of Bahrain. Glad Tidings for Binance According to the official filing with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Binance’s Canadian arm will be operating as Binance...

Reports emerged earlier today indicating that the team behind MetaSwap – a protocol enabling NFT swaps over Ethereum, Binance, and Polygon – has stolen 1,100 BNB. Shortly after, the native token tanked. The blockchain security and data analytics resource – PeckShield – detected suspicious behavior coming from the MetaSwap team and suggested a soft-rug pull. More precisely, the company said the team behind the NFT swapping platform had stolen 1,100 BNB (worth appr. $605,000)...