What’s new in crypto and the advent of the decentralized web.
Christie’s to Auction Off Nine CryptoPunks NFTs
by Will Gottsegen on April 8, 2021 at 9:52 pm
The notoriously pricey NFTs are part of the upcoming 21st Century Evening Sale.
Robinhood Says 9.5 Million People Traded Crypto on Its App in Q1
by Will Gottsegen on April 8, 2021 at 8:58 pm
That's up 458% from just 1.7 million in Q4 of 2020.
Government Ban on Bitcoin Would Be ‘Foolish’: SEC's Hester Peirce
by Mathew Di Salvo on April 8, 2021 at 8:36 pm
Attempts by governments to stop people from trading Bitcoin won't go well, according to Crypto Mom. "You’d have to shut down the internet."
Crypto Wallet Maker Ledger Faces Lawsuit Over Data Breach 'Cover Up'
by Will Gottsegen on April 8, 2021 at 7:55 pm
Customers have filed a class action suit against the crypto wallet provider.
Riot Buys Massive Bitcoin Mining Site in Texas for $650 Million
by Jeff Benson on April 8, 2021 at 7:15 pm
Riot Blockchain has purchased Whinstone Inc., which last year began building what it hopes will be the largest data center in the world.
Publicly Listed Meitu Now Holds $100 Million in Bitcoin, Ethereum
by Mathew Di Salvo on April 8, 2021 at 5:30 pm
The Chinese tech firm today announced that it made another crypto investment.
Crypto Firms Mull UK Exit Amid Regulatory ‘Logjam’: CryptoUK Chair
by Adriana Hamacher on April 8, 2021 at 5:16 pm
The UK's Financial Conduct Authority has been deluged with crypto firms applying for licenses, with a mid-2021 deadline looming.
Crypto Streaming Music Service Audius Tunes Into NFTs
by Andrew Hayward on April 8, 2021 at 4:00 pm
The music platform’s new Collectibles feature lets artists showcase their crypto NFTs to fans, while users can share their stashes.
Ukrainian Officials Own $2.67 Billion in Bitcoin: Report
by Liam Frost on April 8, 2021 at 3:46 pm
Just three public officials in Ukraine account for $1.7 billion worth of Bitcoin between them, according to their declarations.
Bitcoin Reaching a 'Tipping Point': Fidelity Digital Assets Head
by Andrew Asmakov on April 8, 2021 at 2:58 pm
Tom Jessop, head of Fidelity Digital Assets, argues that "easy-money policies" are driving investors to Bitcoin and other alternative assets.
NFT Minting Costs on Ethereum ‘Too Damn High’? This Startup Has a Fix
by Andrew Hayward on April 8, 2021 at 12:59 pm
Immutable, the developer behind NFT trading card game Gods Unchained, just launched a layer-2 protocol that promises fast, “gas-free” transactions.
DraftKings Launches Fantasy Golf Contest with CryptoPunk NFT Prize
by Daniel Roberts on April 8, 2021 at 12:19 pm
DraftKings embraces the NFT boom in time for The Masters, and looks poised to do more in crypto.
Survey: 9% Of US Teens Have Traded In Crypto
by Scott Chipolina on April 8, 2021 at 12:17 pm
A survey by investment bank Piper Sandler says that 9%, almost one in ten American teenagers, have traded in cryptocurrencies.
NFT Marketplaces See Surging Web Traffic Amid Crypto Collectible Boom
by Tim Copeland on April 8, 2021 at 10:15 am
As non-fungible tokens explode in popularity, web traffic to NFT marketplaces increased by 430% on average last month.
Peter Thiel: Bitcoin Could Be 'Chinese Financial Weapon'
by Jeff Benson on April 7, 2021 at 10:54 pm
PayPal founder Peter Thiel, in a seminar on Big Tech and China, said China's approach to its own cryptocurrency should concern America.
Grayscale Investor Rips Into Bitcoin Trust Over ‘Abysmal’ Discount
by Jeff Benson on April 7, 2021 at 10:16 pm
GBTC has been trading at a discount for more than a month. That’s worrisome for long-term holders.
Coinbase CEO Moonlights as Electronic Music Maker—And NFTs Are Coming
by Will Gottsegen on April 7, 2021 at 9:59 pm
He says he got into composition last year, during the height of the pandemic.
FTX Crypto Exchange Finalizes Extensive Deal With Miami Heat
by Jeff Benson on April 7, 2021 at 9:09 pm
Miami has been doing a full-court press to attract crypto companies, and now FTX has committed to a 19-year deal with the Miami Heat NBA team.
Ethereum Price Tanks, Bringing DeFi Tokens Down With It
by Jose Antonio Lanz on April 7, 2021 at 8:00 pm
The market for DeFi tokens took a hit today, as price plunge across the board.
JP Morgan's Jaime Dimon: Bitcoin Regulation a ‘Serious Emerging Issue’
by Mathew Di Salvo on April 7, 2021 at 7:08 pm
Dimon said in a shareholder letter that clear-cut regulation regarding crypto and fintech "shadow banks" is needed more than ever before.