Binance Coin (BNB) has strengthened its market capitalization to position itself as one of the world’s largest cryptocurrencies. Following a 100% rally since the beginning of the month, BNB now ranks number three, behind Bitcoin and Ethereum. The increasing demand for Binance Coin has been fueled by the success of Binance Smart Chain (BSC). Transaction […]
The University of Wyoming Commits $4M to a Staking Program
The University of Wyoming has reportedly committed funds to a staking pool for three different cryptocurrencies. (Read More)
Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector Huobi Asset Management is looking to be the Grayscale of Asia with the launch of four cryptocurrency related tracker funds. The funds include a Bitcoin Fund, […]
Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation
A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely regulated,” the task force wrote. White House Urged to Tighten Crypto Regulation A task force, […]
Interview: Making Bitcoin Easy With Simon Lapscher Of Liquality
Simon Lapscher of Liquality wallet discussed his focus on atomic swaps with Bitcoin. Watch This Episode On YouTube Listen To This Episode: AppleSpotifyGoogleLibsynOvercast This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Simon Lapscher, the CEO of Liquality wallet. Liquality is a very interesting wallet because it is focused on atomic […]
Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger
Will Inverse set a precedent for protocols acquiring protocols? In a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella. First floated after “weeks of negotiation” in early April, members of the Inverse Finance DAO […]
Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion
Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and TradingView shows that since reaching a […]
Coinbase Now Allows Millions of Customers to Buy Cryptocurrencies With Paypal
Cryptocurrency exchange Coinbase now allows its U.S. customers to buy cryptocurrencies with Paypal. Millions of customers can now purchase up to $25,000 a day of cryptocurrencies with their Paypal accounts. Coinbase Adds Paypal as Funding Source for Users Coinbase announced Thursday that Paypal has been added as a funding source for buying cryptocurrencies at the […]
American university appropriates $4 million for staking 3 cryptocurrencies
The University of Wyoming, one of the oldest and largest schools in the state of Wyoming, U.S., has appropriated over $4 million towards staking ‘no less than’ three cryptocurrencies, an official document showed. “State of #Wyoming appropriated $4m for nodes/staking in at least 3 cryptocurrencies, run by Univ of Wyoming. This kickstarts (the) program where […]
Bitcoin Titan MicroStrategy Reports Major Growth In First Quarter
MicroStrategy reported first quarter revenues of $122.9 million and its equity has increased 385.59% since it adopted a Bitcoin standard. MicroStrategy (NASDAQ: MSTR) reported its quarterly earnings after market hours today, which emphasized its focused corporate strategy and the benefits of its ongoing Bitcoin standard, first adopted on August 11, 2020. “MicroStrategy’s first quarter results […]