Asia’s largest car maker is high on Ethereum Japanese car maker Toyota’s blockchain research arm is exploring how Ethereum can contribute to its “mobility” campaign. This campaign focuses on the company’s futuristic concept of a connected transportation system where vehicles are fully autonomous and capable of communicating with public infrastructure through data exchange. These autonomous […]
Category Archives: Crypto News
Why is the crypto market down today? The crypto market is down today as an unexpected sharp sell-off triggered a wave of liquidations in the derivatives market. The cryptocurrency market took another hit on July 25, with the total market capitalization dropping by over 3.5% to about $2.31 trillion. This plunge has left many market […]
Analysis of Potential Impact of Trump’s Pro-Crypto Stance Look, I’m far from being political. I do not fully support former President Donald Trump’s policies or his entire vision for the United States. However, as a strong advocate for crypto, I must acknowledge the upside to Trump potentially winning the election in November. For now, there […]
BTC price inches up with US stocks as Bitcoin bulls fight for $65K Bitcoin sees a round of automated selling as BTC price vies with battered US stocks for a short-term recovery. Bitcoin (BTC) revisited $65,000 after the July 25 Wall Street open as United States equities recovered from their worst day since 2022. Data […]
Web3 Gaming Industry Overview Kwon summarizes the past six months as unpredictable for the Web3 gaming industry Shift in interest from gaming tokens to “shitcoins” New gaming tokens underperforming expectations Importance of utility and use cases for game tokens Rumble Racing Star by Delab Games has been a successful title in the industry. Despite the […]
Bitstamp Initiates Mt. Gox Creditor Repayments The announcement of creditor repayments has been made by Bitstamp, following the completion of the necessary security controls. Bitstamp has started repaying Mt. Gox creditors Recipients are expected to regain control of their assets within a week Approximately $9.4 billion worth of Bitcoin is owed to around 127,000 Mt. […]
Nigerian crypto star out on bail following police detention Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector. News Nigerian cryptocurrency celebrity Linus Williams, popularly known as Blord, has been granted bail following three days in police custody. The […]
Crypto Firms’ Vulnerability to CrowdStrike Blackout: Analyst Insights Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are. Blockchain researcher and ex-CEO of Naijacrypto Chiagozie Iwu offered insights into how the disruption could have affected crypto companies. Centralized crypto platforms could be vulnerable to […]
’10:1′ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years. The idea of the United States government holding a Bitcoin strategic reserve may be “bullish” for its price, […]
Grayscale announces plans for Bitcoin ETF spinoff Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. On July 19, crypto asset manager Grayscale announced plans to spin off a portion of its flagship Bitcoin fund, Grayscale Bitcoin Trust (GBTC), into a new exchange-traded fund […]