Category: Blockchain

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future. The Palo Alto-based firm revealed this in its quarterly performance report, in which it recorded a massive revenue of over $13.7 billion. In the filing, the

Rarible and Adobe Partners to Enhance NFT Security

Mainstream Non-Fungible Token (NFT) marketplace, Rarible, has partnered with Adobe to improve the authenticity of digital arts created through Adobe Creative Cloud solutions, including Photoshop, Stock, and Behance. As announced by Rarible, the partnership, which is billed to leverage the marketplace’s own Content Authenticity Initiative (CAI), is set to help combat visual misinformation and protect

Terraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEO

Terraform Labs, the Singapore-based blockchain startup behind the Terra protocol, has filed a lawsuit against the United States Securities and Exchange Commission (SEC) for allegedly issuing an illegal Subpoena on its Chief Executive Officer- Do Kwon. Kwon and Terraform Labs posited that the SEC does not have jurisdiction to serve the Subpoena as it did

US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson

A major bank regulator has stated that U.S. officials are working on offering a clearer path to banks and their clients looking to hold crypto assets to maintain control over the rapidly growing assets. Speaking at the Money 20/20 Fintech Conference on Monday, October 25, Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation

ChangeNOW Announces the Release of Its NOW Wallet

High speed crypto exchange platform ChangeNOW has announced the launch of its own non-custodial NOW Wallet. The wallet is available in beta version on iOS and Android devices and offers users the ability to make transactions in over 20,000 currency pairs regardless of geolocation.  Quick and easy to use crypto exchange platform ChangeNOW has unveiled

Long Term Bitcoin Holders Taking Profits but not Exiting in Masses

A week after Bitcoin (BTC) set a new all-time high (ATH) of $66,900, the leading cryptocurrency has witnessed a notable correction that has driven it below the psychological level of $60K. BTC was hovering around $59,171 during intraday trading, according to CoinMarketCap. This trend can be explained because long-term holders (LTHs) on the Bitcoin market

Shiba Inu Rises 13% as Robinhood Petition Passes 300,000

Shiba Inu coin (SHIB) rose 13% in the past 24 hours following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million percent in the past year, and a recent petition on Change.org asking Robinhood to list Shiba Inu has now garnered more than

Robinhood’s Crypto Revenue Collapse, Records 78% Decrease in Q3

Robinhood announced its crypto revenue totalled $233 million in the second quarter and $51 million in the third quarter, marking a 78% decrease compared to the previous quarter. Since there are so many options for trading on crypto nowadays, the market for crypto wallets is saturated yet growing. However, Robinhood Markets Inc’s crypto trading revenue has been staggering.  According to

Helium and Dish Network Collaborate to Expand its Blockchain-based Distributed 5G Platform

The decentralized peer-to-peer (P2P) 5G wireless network Helium announced on Tuesday, October 26, a new partnership with Dish Network. DISH has become the first telecom operator in the telecom industry to join the Helium 5G network ecosystem. This cooperation will expand the Helium node and deploy their own Helium 5G CBRS-based hotspots with dish customers