NFT’s Big Moment: Visa Bought a Cryptopunk For $165,000

An NFT is an asset that has its own unique identity and cannot be replicated or cloned. They are often used for trading card games, video games, and collectibles. Essentially, they are the cryptocurrency equivalent of baseball cards. As we all know, NFTs are becoming more and more mainstream. The idea of owning a digital […]

China: Is the PBoC’s new ‘reminder’ on Bitcoin’s status really new

“We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support.” The People’s Bank of China [PBoC] has once again raised an alarm about the use of cryptocurrencies in light of its recent crackdown. According to local reports, the central bank took a shot […]

The Altcoin Evolution – Part IV: The Challenges

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that […]

Cardano: The ERC-20 Converter will go live on the testnet by…

Cardano’s ADA has been trending upwards since the 20 July bottom, with the alt setting higher highs on the charts. According to most, the primary driver behind the same has been a host of significant updates within the ecosystem. The IOHK team shared more updates with the community during the most recent Cardano 360 event. […]

PLUGnet Launches Otto Blockchain for Developers

PLUGnet, a multichain synthetic asset network, has announced a launchnet release for developers and partners looking to build compliant DeFi applications. The team shared its outlook on this new milestone, “We’re excited to announce Ottó Blockchain, the next step in building PLUGnet. It will serve as a haven for investors and blockchain developers alike – […]

Morgan Stanley Buys 6.5 Million Grayscale Bitcoin Trust Shares

Morgan Stanley investments funds have acquired over 6.5 million shares in Grayscale Bitcoin Trust (GBTC) in a move that comes as other large financial institutions eye ways to give their clients exposure to the cryptocurrency space. According to SEC filings, spotted by Decrypt, from the company, Morgan Stanley invested in GBTC across more than a […]

3 reasons why Tezos (XTZ) price has gained 85% this month

The Ethereum (ETH) network is currently the dominant layer-one protocol in terms of smart contract deployment and active users, but the race to become the ‘world’s computer’ is far from settled because competing protocols are gaining traction by offering solutions to high transaction costs and slow confirmation times, the biggest problems facing the network. One […]

Cuba agrees to regulate, recognize cryptos citing ‘socio-economic interest’

Two weeks ahead of El Salvador’s official adoption of Bitcoin as legal tender, another Latin American nation has decided to officiate the use of cryptocurrencies. According to recent reports, the Cuban government has said that it wants to “recognize and regulate” the use of digital assets in the nation. A resolution was published in the […]

Honduras gets first Bitcoin ATM

TL;DR Breakdown First Bitcoin ATM installed in Hondura capital. BTM comes when Hondura sees a rise in crypto adoption. Country mulling adopting Bitcoin as legal tender. Southern American country Honduras had its first-ever Bitcoin ATM installed in the capital, Tegucigalpa, amidst a surge in interest in crypto assets. The Bitcoin ATM was installed by Honduran […]

Cardano (ADA) Founder Responds To Criticism Over Crypto New Crypto Partnership

A new partnership between Cardano and blockchain-based firm Coinfirm has drawn criticism from its community. The Cardano-Coinfirm partnership will enable authorities to track ADA transactions on the blockchain from as far back as when it was first created. This, according to the press release, will enable the apprehension of bad actors and prevent illegal transactions […]