Speaking virtually at the Sohn Conference in Sydney on Friday, Charlie Munger when asked for his opinion on China and its ban he agreed with the policy of the nation, praising the Chinese government for its action. Munger called Bitcoin disgusting only a few months ago Speaking out against crypto earlier this year, Charlie Munger […]
Ross Ulbricht Genesis Collection NFT Auction Sees Millions of Dollars in Ethereum Bids
Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million. Additionally the project […]
Crypto Weekly Roundup: SEC Rejects Another ETF, Microstrategy Buys More BTC, Square Renamed, And More
Last week witnessed another Bitcoin spot ETF getting rejected by the SEC, making it clear that the financial watchdog is not too favorable towards spot ETFs, citing a lack of preventative measures against fraudulent and illicit activities. On the other hand, NFTs continue to gain steam, while Jack Dorsey leaves his role at Twitter to […]
It’s time for the philanthropic sector to embrace digital currencies
Such principles as decentralization and tokenization will enrich the nonprofit and charitable sectors via accepting donations in crypto. The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 […]
OVR and the Results of the Token Burning Program’s First Month
OVR launched its new Token Burning Program on 1 November to make its own tokens more rare and valuable. The results of this first month of November saw a total of 246 thousand OVR burned. OVR and the Numbers From the Token Burning Program’s First Month OVR’s updated token economics started on November 1, 2021, […]
Voting opens for the PlaytoEarn Blockchain Game Awards 2021
From established play-to-earn games like Alien Worlds to newer additions like Star Atlas, the world of gaming has truly been reimagined with blockchain technology. DeFi components and NFTs have cemented gaming as the biggest fish in the ocean of creative DeFi opportunities. Within a number of these games you can see micro-communities surface; competing, building […]
Russia, Ukraine Shut Down Several Cryptocurrency Farms
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region and Dagestan Russian law enforcement […]
Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
The hackers made away with a mix of over 20 tokens that includes altcoins such as BNB, Safemoon, BSC-USD and BPay. Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The $200 million Bitmart hack was first revealed by Peckshield, a […]
BTC/USD Recovering After Sharp Decline to 42333: Sally Ho’s Technical Analysis 5 December 2021 BTC
Bitcoin (BTC/USD) extended it its recovery higher early in the Asian session as the pair gained ground to the 48811 level after trading as low as the 42333 level during yesterday’s Asian session, the pair’s weakest print since early October. Selling pressure commenced around the 59114.84 level late last week and many Stops were elected […]
BTC/USD Recovering After Sharp Decline to 42333: Sally Ho’s Technical Analysis 5 December 2021 BTC
Bitcoin (BTC/USD) extended it its recovery higher early in the Asian session as the pair gained ground to the 48811 level after trading as low as the 42333 level during yesterday’s Asian session, the pair’s weakest print since early October. Selling pressure commenced around the 59114.84 level late last week and many Stops were elected […]