Bitcoin (BTC) has declined by 3% from its one-year high of over $31,300, trading currently at $30,300. The recent 20% rise in the value of the cryptocurrency began after asset management company BlackRock announced plans to launch a spot bitcoin ETF. Experts …
BitGo, a cryptocurrency custodian, has announced that it has more acquisitions pending after abandoning its proposed purchase of Prime Trust. According to BitGo CEO Mike Belshe, the company is highly optimistic about further consolidation in the industry over the next six months. …
Hut 8 Mining, a Canadian bitcoin mining company, has just announced that it has secured a loan of up to $50 million from Coinbase Credit. This will provide the funding needed to complete its merger with U.S. Bitcoin Corp (USBTC). Coinbase, a …
Digital asset investment products have reportedly seen the largest single weekly inflows in a year, according to a new report from CoinShares, a European digital asset manager. This news comes after nine consecutive weeks of outflows, and bitcoin-related products were reportedly the …
A federal judge in the United States has given a permanent ban to a non-fungible token (NFT) maker from selling digital art collectibles based on Hermes’ iconic Birkin bags, thus concluding a prolonged court saga, as well as serving as a warning …
In a monumental and final decision, a federal judge in the U.S. District Court for the Southern District of New York has permanently banned MetaBirkins NFT collection creator, Mason Rothschild, from selling digital art collectibles inspired by Hermes’ beloved Birkin bags. The …
Bitcoin, the largest cryptocurrency by market capitalization, recently experienced a drop in trading near down over the past hours, after reaching a one-year high over the last Friday. Though, the momentum from multiple spot bitcoin filings by BlackRock and other financial services …
The European Union (EU) has recently reached a political deal on new bank-capital legislation, which includes regulations for crypto assets. The deal, which had been proposed by the European Commission in 2021, introduces controversial changes on how banks evaluate risks for corporate …
The Tezos blockchain recently upgraded to its fourteenth version, known as “Nairobi,” which offers multiple enhancements, including faster transaction speeds of up to eight times faster than before. The upgrade came after Tezos upgraded to version 13, “Mumbai,” in March, which enabled …
Web3 gaming studio Pixion Games has just announced it has raised $5.5 million in seed funding. The funds are intended to be put toward the development of Fableborne, the studio’s flagship game. The round saw the participation of several notable investors including …