Category: Blockchain

According to the announcement revealed by the Korea Economic Daily, the Korea Teacher’s Credit Union (KTCU), the second-largest institutional investor in South Korea, is planning to invest in Bitcoin as part of its balance sheet. The public pension fund would not purchase Bitcoin directly but get exposure to it via investment products like Bitcoin ETFs.

Bitcoin (BTC) has been in the driver’s seat because it broke its previous record of $64.8K after 189 days of waiting. The benchmark cryptocurrency was able to soar to new heights of $66,900 on October 20.  The holding culture has played an instrumental role in realizing these milestones because it is a favoured strategy in

Search engine giant Google has made a series of claims, accusing Russian hackers of hijacking YouTube channels for malicious purposes. Per a recent blog post shared by the Threat Analysis Group (TAG) of the American multinational company, hackers usually deploy a Cookie Theft Malware, which through the YouTuber’s password and cookie data, can be downloaded

A Whitehat hacker, Gerhard Wagner, has received the largest bug bounty in history after he discovered a vulnerability in Polygon’s plasma bridge. According to Immunefi, a bug bounty platform for smart contracts and DeFi projects, the identified bug would have cost the protocol as much as $850 million in losses if discovered by a knowledgeable

October will be written in Bitcoin’s history books as the month that saw the top cryptocurrency break the record by soaring to the $66,900 level. This price surge was boosted by net inflows worth $315 million witnessed in October. Market insight provider CryptoCompare explained: “After 3 months of net outflows, average weekly inflows into

Ethereum’s demand for smart contracts continues to scale the heights. Reportedly, “ETH supply in smart contracts is at ATH of 28%.” Smart contracts are self-executing agreements based on blockchain technology that decreases the demand for centralized intermediates. They have been in high demand in booming sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs). Ethereum has emerged as

Reddit, a popular social network site, is seeking to hire experts to work on a project that would enable the site to design, develop and maintain a new platform for non-fungible tokens (NFTs) and digital goods. The social media discussion site plans to develop an NFT platform for selling and purchasing crypto-collectables, the firm signalled

Valkyrie Investments started trading its Bitcoin futures Exchange-Traded Fund (ETF) on the Nasdaq stock market on early Friday, October 22, after getting approval from the US Securities and Exchange Commission (SEC) earlier last week. Valkyrie Funds Chief Executive Officer, Leah Wald, talked about the development and said: “For us, Nasdaq was the obvious choice for

Ethereum’s market capitalisation recently breached the $500 billion mark as more investors keep a keen eye on this network. Ethereum’s uptick in activities can be illustrated by the fact that burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5.  This upgrade prompted

Mojito, a Non-Fungible Token (NFT) startup, has raised the sum of $20 million from investors, the chief of whom is the legacy art auction house- Sotheby’s. While Sotheby’s has recorded a positive stint in the NFT metaverse in the year-to-date period, the investment in Mojito comes off as the first time that the auction house