Category: Blockchain

San Francisco-based digital asset management firm, Bitwise has announced the launch of its Blue-Chip NFT Index Fund, a product it said will be available to accredited investors in the United States. According to Bitwise, investors can gain access to the Blue-Chip NFT Index fund with a $25,000 minimum investment, and the fund gives investors access

Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported. According to figures released by Singaporean regulators, more than 100 of around 170 cryptocurrency businesses that applied for licensing have been turned down or withdrawn their applications. While many

With Bitcoin’s current return of approximately 456% since the third halving event in May 2020, this is a significant underachievement compared to the two previous cycles of 2012 and 2016, which had recorded 1,355% and 4,974% respectively at this point in time.  Market insight provider CryptoCompare confirmed: “BTC returns from this cycle underperform the two

High gas fees have grappled the Ethereum network throughout 2021, given that it has increased by ten times since the fourth quarter of last year. Market insight provider IntoTheBlock explained: “For better or worse, the amount paid to use Ethereum has skyrocketed in 2021. The total amount of ETH paid in fees has grown

Thanks to the proof of stake (PoS) consensus mechanism, a greener future is on the horizon for Ethereum, which will make the efficiency of the network two thousand times more. A report by the Ethereum Foundation noted: “With proof-of-stake being  aorund 2000 times more efficient than proof-of-work, the energy expenditure of Ethereum will be

Mobile phone telecommunications network services provider Vodafone is making its entry into the Non-Fungible Token (NFT) ecosystem by auctioning the world’s first Short Message Service (SMS), which reads, “Merry Christmas.” Romanian news agency Ziarul Financiar reported that the first SMS was sent some 29 years ago, on December 3, 1992. It will be up for

An educational book on Bitcoin (BTC) proposed by a group of 8 individuals has gained more funds than solicited from public investors on the Kickstarter platform. The book dubbed, “Bitcoin and the American Dream” is slated to help congressmen in the Senate and the House reconsider their conception of what Bitcoin represents from the way

Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain. It is reported that the NFT will trade with the native token SOL of the Solana blockchain from December 16 to December 31 at a price of 1 SOL. According to Coinmarketcap, currently SOL token

Based on the technological innovations revamping the world like cryptocurrencies, millennials have been at the forefront to embrace them, as cited by CNBC Millennial Millionaire Survey findings. The study noted that millennials had higher levels of cryptocurrency portfolio holdings than baby boomers, with 83% of millennial millionaires owning digital assets. Furthermore, 48% of them expect

The proof of stake (PoS) consensus mechanism has gained steam in 2021 because it is more environmentally friendly and cost-effective compared to the proof of work (PoW) framework used in networks like Bitcoin (BTC). Therefore, this trend change is providing monetary opportunities for staking-as-a-service providers. Chase Devens, a research analyst at Messari, confirmed: “PoS