A year ago this week, investors were describing bitcoin as the future of money and ethereum as the world’s most important developer tool. Non-fungible tokens were exploding, Coinbase was trading at a record and the NBA’s Miami Heat was just into its first full season in the newly renamed FTX Arena. As it turns out, that was peak crypto. In the … Read more
Crypto wallet MetaMask is making it easier for users to turn their fiat into crypto through an integration with fintech firm Sardine, MetaMask parent company ConsenSys announced this week. MetaMask users will now be able to fund their crypto wallets via bank transfers instantly, instead of having to wait for traditional fund transfers to clear. In a blog … Read more
Historical software update of Ethereum, the second platform in the crypto industry after Bitcoin, changes the way things were done until now. It’s a new day dawning in the crypto industry. A new era is starting for this young industry after the success of the historical software update of Ethereum, the second blockchain after Bitcoin. … Read more
Crypto markets linked to EtherETHUSD +4.51% are facing disruption as the blockchain network behind the world’s second-largest cryptocurrency nears the end of a critical upgrade. The final stage of Ethereum’s “Merge” is now about a week away. Expected to finish around Sept. 15, it will change the mechanics of processing transactions from the current “proof of work” system … Read more
The Merge will likely be a near-term catalyst for greater adoption of staking on Coinbase’s (COIN) platform, Goldman Sachs (GS) said in a research report Wednesday. Coinbase has continued to grow its staking offering and recently announced support for institutional clients, adding staking for Cardano (ADA) and Solana (SOL), and will eventually support ether (ETH) … Read more
If BitcoinBTCUSD –0.64% is crypto’s answer to gold, Ethereum is the closest thing it has to its own internet. Anyone who wants to mint a new token, launch a crypto app, or spend $150,000 on a Bored Ape nonfungible token, or NFT, probably uses the Ethereum network. More than $3 billion in transaction volume flows through Ethereum daily, traded in … Read more
LONDON (Reuters) – Investors in crypto have endured wild moves in recent months, but this has not fazed asset managers who are preparing to use the blockchain technology behind cryptocurrencies to break funds into bite-sized units, or tokens, to sell to small savers. Bitcoin fell 7.7% in the space of just a few minutes on … Read more
Bitcoin Depot has announced its backdoor listing plans on the Nasdaq by the first quarter of 2023 via a merger with special purpose acquisition company (SPAC) GSR II Meteora at an estimated equity value of US$885 million, the crypto ATM operator said in a statement. Fast facts Bitcoin Depot allows users to convert cash to Bitcoin, … Read more
(Bloomberg) — Airplanes wouldn’t be able to land. Power plants would shut down. Those were just some of the dire predictions faced by computer programmers and users worldwide as the year 2000 approached. In the end, the millennium bug that was widely expected to create computer chaos turned out to be more of a punch … Read more
BitcoinBTCUSD +1.26% and other cryptocurrencies have held up better than stocks amid recent market pressures, a bullish signal that belies the fact that digital assets look to be losing momentum and could take a sharp leg lower soon. The price of Bitcoin rose 1% to above $21,300 on Tuesday, inching higher after a selloff on Friday plunged … Read more
