It’s grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report. Bitcoin (BTC) gained more free publicity this week as inflation data showed that prices are rising faster than even experts had anticipated. The latest Consumer Price Index (CPI) report on June 10 from the United States Bureau of Labor […]

“NFTs are dead,” said the previous owner of the COVID Alien artwork once the auction closed. Luxury auction house Sotheby’s made waves on social media on Thursday following the sale of one rare CryptoPunk. In a tweet from Sotheby’s, the auction said CryptoPunk #7523 — also known as “COVID Alien” — sold in its London […]

Bullish Bitcoin maneuvers from El Salvador, Victory Capital and MicroStrategy saved the day by giving bulls a much-needed boost and balancing out Friday’s BTC options expiry. On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a […]

The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem.” The network onboarding a large number of decentralized applications aims to hit one million users through 0x’s decentralized exchange liquidity aggregator API. In an announcement today, Polygon said its project would be committing $10.5 million towards securing decentralized finance […]

Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people assume that decade-old coinbase spends could stem […]

Chinese police busted a network of more than 170 criminal groups as they arrested 1,100 suspects involved in money laundering by buying cryptocurrencies, security officials said in a statement. The charged individuals are accused of converting illegal proceeds into cryptocurrencies via crypto exchanges, the Ministry of Public Security said, without revealing the amount of money […]

Non-Fungible Tokens (NFTs) (often called NFT coins by beginners) have recently experienced a steady rise in popularity, strengthening the ongoing boom in Decentralized Finance (DeFi). At the time of writing, 652,082 NFTs are in circulation, representing the vast diversification of blockchain technology’s scope. Over the years, experts at Airdrop Alert have written substantially on the […]

Coinspeaker Announcing a $10.5 Mn Fund from 0x and Polygon to Bring 1M Users to Polygon and Ethereum Polygon has announced a goal to bring 1M users to Polygon with 0x, the framework powering decentralized exchange on Ethereum. Together, the teams are committing a total of $10.5 mn via the 0xDAO to further support Developers […]

Bitcoin hardware wallet manufacturer Foundation Devices has raised $2 million in a seed round led by venture fund Bolt. Foundation Devices, a bitcoin hardware wallet manufacturer, has announced it has raised $2 million in a seed round led by early-stage venture fund Bolt. Along with the round, Tyler Mincey, a partner at Bolt who previously […]

Former Deputy Governor of Bank of China, Wang Yongli, criticized the recent move by El Salvador to grant legal tender status to Bitcoin. His comments have faced heavy fire from several industry bigwigs from China, who have come out in contradiction to his statement.   El Salvador Becomes First Country To Legalize Bitcoin On June 9th, […]