Category: Blockchain

Swiss-Based SEBA Bank Launches Tokenized Gold Services for Clients

Switzerland-based digital banking service provider, SEBA Bank AG has launched tokenized gold services for its customers. Per a Forbes report, holders of the Ethereum network-based digital token will be able to redeem it for physical gold with any of SEBA’s partner refineries.  The SEBA digital token is an entirely different product compared to other more gold-backed traditional

New Wave of Green Energy Programs Influence Crypto Mining Sector

Since the mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities.  This is founded on ongoing projects by Bit Digital, Bitfarms, Marathon Digital Holdings, Riot Blockchain Inc., and EV Battery Technologies.   With 27,744 crypto miners under its watch, The U.S.-based Bitcoin

Top Crypto Cashback Options Introduced in Fall 2021

The modern world has to offer such a wide variety of services and products that businesses have to compete with each other and come up with creative ways in order to attract the highest number of customers possible. For this reason, many companies have implemented special loyalty programs which encourage customers to keep using the

Robinhood Acquires Cross Crypto Exchange Trading Platform Cove Markets

Robinhood, a financial services company headquartered in California, announced on December 14 the acquisition of Cove Markets, a cross-exchange trading platform, by joining Robinhood crypto. Cove Markets is an API platform that enables users to trade on multiple centralized exchanges and manage aggregated financial data, making it easier for users to manage their encrypted accounts.

Retail Investment Slips as New Bitcoin Addresses Drop

Retail investment in the Bitcoin (BTC) market seems to have dried up based on the drop in new addresses. Market insight provider On-Chain College explained: “Bitcoin new addresses have been lower than normal for a cycle top. We know this; retail isn’t here. But I couldn’t help but notice that this trend from 2017

Ethereum is Burning at the Rate of 6.29 ETH per Minute

Burnt Ether is edging closer to the 1.2 million ETH mark, given that it’s burning at a rate of 6.29 ETH, approximately $24,361, per minute.  Ever since the London Hard Fork or EIP 1559 upgrade went live on August 5, the burning feature was introduced every time Ethereum was used in transactions. One of the

Coinbase Wallet Rolls Out Support for NFTs

Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include Non-Fungible Tokens (NFTs). As unveiled by the crypto exchange behemoth, the support for the NFT will let users store and control their ERC-721 NFT assets, a move billed to increase the adoption of the exchange’s browser wallet.