Luxury brand Farfetch endorses cryptocurrency payments
Farfetch, a digital luxury fashion platform, has announced plans to start accepting cryptocurrency payments. The company is targeting cryptocurrency users,...
Month: June 2022
Blockware report says Bitcoin users could surpass 1 billion by 2030
The global rate of cryptocurrency adoption has risen significantly over the past year. One of the factors fuelling this adoption...
Yuga Labs co-founder pre-warns users of a possible future attack
The co-founder of Yuga Labs, Gordon Goner, has warned of a possible attack on the social media accounts harboring the...
Ethereum developers delay difficulty bomb by two months
The Ethereum network’s long-awaited transition from a proof-of-work network to proof-of-stake is expected to happen with The Merge. Developers on...
Nigeria Exchange Ltd plans to adopt blockchain technology
Blockchain technology is gaining strong use cases in the traditional financial sector. Nigeria Exchange Ltd, the largest stock exchange in...
Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?
Another wave of selling hit BTC and sent its price to lows not seen since December 2020. Does on-chain data...
Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions
Is it time to be greedy? Experienced market makers and arbitrage desks have turned strongly risk-averse as BTC price dropped...
Crypto crash wreaking havoc on DeFi protocols, CEXs
Data points to capital flight among most major DeFi protocols. On Monday, a heavy cryptocurrency sell-off in the markets caused...
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise...
Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push...
Crypto users take to Twitter to lament the ongoing market downturn
What goes up must come down. And then go up again. Then come down again. And on and on and...
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to...
US trademark filing hints at Arizona State University planning classes in the metaverse
The seven filings also suggested ASU could be exploring the use of nonfungible tokens to authenticate many documents from diplomas...
Crypto Lending Company Blockfi Cuts Staff by 20%
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business...
Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic...
