Bitcoin Just $3K Away from Trillion Dollar Market Cap
In its week on-chain report this week, analytics provider Glassnode has delved into the spending habits of holders and investors. It stated that the week has seen some minor profit…
Auto Added by WPeMatico
FTX And ‘The Bears’ Partner Up: Cal Athletics to Receive Crypto Payments
Cal Athletics – the sports teams representing the University of California, Berkeley – and FTX have signed the first sponsorship between a college athletic department and a cryptocurrency platform. As…
U-Turn: Centre to Convert USDC Reserves to Cash and US Treasuries
Centre, the issuer of popular stablecoin USDC, has revealed that it will convert the asset reserves back to cash and U.S. treasury bills only. In an official blog post on…
AVAX Is Up 150% in a Week as Over $1B TVL Locked on BENQI
After launching on August 19th, the algorithmic liquidity protocol BENQI has already reached $1B in TVL. Meanwhile, the price of Avalanche’s native cryptocurrency has been soaring. Big Support for BENQI…
Substack Debuts Bitcoin Subscription Payments via the Lightning Network
San Francisco-based online publishing platform Substack has enabled support for bitcoin payments for subscriptions to publications through the use of the Lightning Network. Substack has collaborated with OpenNode, a bitcoin…
Poly Network Drama is Over: Hacker Returns the Remaining $141 Million
The Poly Network drama seems to be officially over as the hacker has returned the remaining $141 million, according to a blog post from the DeFi project. ‘Full Asset Restoration’…
Google Trends: Bitcoin Interest is Far From Yearly Highs Despite BTC Surpassing $50K
Many reports in the past have confirmed that bitcoin’s price increase is often followed by a significant rise in interest in the leading cryptocurrency, especially from retail investors. Now, though,…
Iran: Legal Bitcoin Mining Can Resume from the End of September
Tavanir – Iran’s Power Generation, Distribution, and Transmission Company – revealed that the ban on cryptocurrency mining would be lifted as early as September 22nd. The country’s authorities would allow…
Visa Steps into NFT: Purchased a CryptoPunk for $160,000
Visa announced on August 23rd that it had spent nearly 50 ETH for a CryptoPunk non-fungible token. Thus, the US behemoth continues to showcase its support for the cryptocurrency industry.…
Bitcoin Is a Hedge and its Volatility Attracts Investors, Says SEEK Co-Founder
Matt Rockman – one of the founders of the Australian human resource consulting company SEEK Ltd. – opined that people should not ignore cryptocurrencies’ merits but educate themselves on the…