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August 2022

How to assess cryptocurrency projects?

How to assess cryptocurrency projects?

So you’ve now decided to invest in cryptocurrencies. You probably have bought some of the bigger ones like Bitcoin or Ethereum, but you are also looking to diversify into some of the smaller and riskier coins. Where do you start? Whether you want to invest in existing cryptocurrencies or ICOs, the method to review or analyse their quality remain similar. Here […]

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CME Group Adds to Crypto Offerings With Ether Options

CME Group Adds to Crypto Offerings With Ether Options

The exchange will allow traders to make bets and manage risk ahead of the Ethereum Merge. Derivatives marketplace Chicago Mercantile Exchange (CME) plans to start offering options for ether (ETH) futures on Sept. 12, the company said in a statement Thursday. The offering will add to CME’s existing crypto products, which include bitcoin and ether futures, and

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Solana wallet fires up the grill to burn spam NFTs out of existence

Solana wallet fires up the grill to burn spam NFTs out of existence

The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers. Solana-based wallet provider Phantom has launched a new burn feature allowing users to remove spam nonfungible tokens (NFTs) sent by scammers. According to a Thursday blog post from the Phantom team, the new feature is accessible via the Burn

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MONOCHROME EYES SPOT BITCOIN ETF IN AUSTRALIA, U.S. LAGS BEHIND

MONOCHROME EYES SPOT BITCOIN ETF IN AUSTRALIA, U.S. LAGS BEHIND

The fund’s responsible entity partner received unique licensure which will give investors more transparent and direct exposure to bitcoin through a spot ETF. Monochrome is eyeing a spot bitcoin ETF in Australia, adding to an already crowded market in the country. The fund’s partner has received unique regulatory approval to offer direct exposure to bitcoin.

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Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products

Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products

Yuga Labs, the developer of the Bored Ape Yacht Club (BAYC), has hired Chris Fortier as its VP of Product. As the new VP of product at Yuga Labs, Fortier will be responsible for developing Web3, metaverse, NFTs and product planning, the company said. The new VP of Product will also be involved in simultaneously

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Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently

Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently

On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attorney detailed that Celsius has been offered cash injections, but the lawyer did not disclose who offered the funds and how much

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Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits

Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits

Moro is to be replaced on an interim basis by Chief Operating Officer Derar Islim. Genesis CEO Michael Moro is stepping down as the company slashes 20% of its 260-person workforce following major losses tied to the collapse of Three Arrows Capital earlier this summer, reports Bloomberg. Genesis – owned by Digital Currency Group, which

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Indian police launch probe into BitConnect founder wanted by US SEC

Indian police launch probe into BitConnect founder wanted by US SEC

The Indian police launched an investigation into BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he had relocated from India. The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police. Satish Kumbhani, an Indian national and

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NFL TEAM HOUSTON TEXANS NOW ACCEPTS BITCOIN FOR SINGLE GAME SUITES

NFL TEAM HOUSTON TEXANS NOW ACCEPTS BITCOIN FOR SINGLE GAME SUITES

Fans of the team will be able to purchase single game suites with bitcoin and BitWallet will convert the cryptocurrency to fiat for the Texans. The Houston Texans have picked an official bitcoin wallet service provider. BitWallet functions as both a wallet and exchange for businesses and individuals. Fans of the NFL team can now

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