Category: Blockchain

Aaron Rodgers, the American football quarterback of the Green Bay Packers of the National Football League (NFL), said on Twitter today that he is firmly optimistic about the future of bitcoin and will accept bitcoin as part of his salary. On November 1, he posted a message saying that he would cooperate with Cash App

The Digital Currency Group (DCG) has announced its latest secondary share sale, in which it pulled about $700 million in funding.  The funding round was sparked by a wave of existing investors who sold their shares to the new investors. However, DCG Founder and CEO Barry Silbert confirmed he did not sell any of his

The Avalanche Foundation has unveiled its plans to fuel the growth of its ecosystem through Blizzard, a $200 million fund secured from its partners. The funding for Blizzard was pooled from the foundation itself, as well as other prominent blockchain investors, including Ava Labs, Polychain Capital, Three Arrows Capital, Dragonfly Capital, CMS Holdings, Republic Capital,

The emerging cryptocurrency token Squid game (SQUID) crashed on Monday after jumping more than 310,000% in value on Sunday night. The slump recorded 99.99%, according to the CoinMarketCap. The token was made available for purchase on Oct 20, inspired by the popular Netflix series Squid Game, which collapsed less than two weeks after investors could start trading

Bitcoin (BTC) has been associated with high volatility rates, which at times causes goosebumps to investors. For instance, the leading cryptocurrency recorded a 50% daily loss in May after hitting lows of $30K as China intensified the Bitcoin mining crackdown.  In March last year, a similar scenario was witnessed as Bitcoin nosedived to lows of

Fast-food chain Burger King has announced plans to give away cryptocurrencies as prizes to its customers based on its partnership with the RobinHood brokerage platform.   On Monday, November 1, the popular fast-food chain announced its plans to give away Bitcoin, Ethereum, and Dogecoin to members of its Royal Perks loyalty program when they spend

Despite SHIBA INU (SHIB) being officially launched in August 2020 as the decentralized finance (DeFi) market was making huge strides and growing exponentially, this cryptocurrency has crafted a name for itself based on its increased adoption. On-chain metrics provider Santiment explained: “SHIB remains the top trending topic in crypto, as its major volatility and

More than 2.3 million Bitcoins might have been lost based on their immobility for at least ten years. Lex Moskovski, the CIO of Moskovski Capital, explained: “As people lose their Bitcoins, your Bitcoins automatically become more valuable. 2,336,996 BTC has never moved in 10+ years. Effectively lost.” He acknowledged that this is a

Ark Invest, the investment management firm led by Cathie Wood, took advantage of a decline of Robinhood shares last week on Wednesday, October 27, following the firm’s earnings and purchased almost $80 million in value.   Three of the Ark Invest’s funds (ARK Innovation, ARK Next Generation Internet, and ARK Fintech Innovation ETF) purchased a

Ethereum (ETH) recently broke the record by surging to the $4,400 level as this network continues to gain steam. Santiment believes that an increased utility has triggered this upward trend. The on-chain metrics provider explained: “Ethereum enjoyed a steady climb on the number of active addresses over the past month, which was key to