Category: Blockchain

Former Chancellor of the Exchequer, Lord Philip Hammond of Runnymede has joined the London-based digital asset custodial service provider, Copper, as its Senior Advisor. According to an announcement from Copper, Lord Hammond’s appointment takes effect immediately and the government veteran will help the company provide all necessary valuable advice and suggestions on issues seeking to expand

The multinational semiconductor company Bitmain Technology Holding announced that from October 11, 2021, Bitmain’s Antminer will stop shipping to mainland China in order to comply with a series of local bans on strict crackdowns on cryptocurrencies. Earlier, China intensified law enforcement against domestic Bitcoin mining activities. Bitmain has decided to stop the sales of its encrypted mining equipment

The United States Department of Justice, through Deputy Attorney General Lisa O. Monaco, has unveiled an establishment of the National Cryptocurrency Enforcement Team (NCET), a body that is now tasked with the responsibility of fighting criminal activities involving digital currencies. Per the press release issued by the DOJ, the new team has the authority to investigate

As investors are anxiously waiting for the US Securities and Exchange Commission (SEC) to approve a Bitcoin EFT, the regulator has taken a step closer in that direction by giving approval of a fund called the “Volt Bitcoin Revolution ETF.” Previously, the SEC has approved the Volt crypto industry revolution and tech ETF on Tuesday,

Public.com, a commission-free stock-trading and ETF trading app, has stated it will allow its users to buy and sell cryptocurrencies on its platform in the next few weeks, enabling the company to join the competition with other counterparts likes Square, RobinHood, and a rising number of other financial apps by offering the same services to

As Bitcoin (BTC) briefly touched the $55K level, a fate is last seen in May, profitability in this market scaled to new heights. On-chain insight provider Glassnode said: “Bitcoin entities in profit have risen to 94.3%. Over 16.2% of all on-chain entities have returned to profit since the Sept lows. The last time this

Gelato, a smart contract automation network focused on the DeFi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing. In this round of financing, main supporters include ParaFi Capital, Nascent, IDEO CoLab Ventures, and Aave founder Stani Kulechov. The funds will be used to establish a “cryptocurrency

Bitcoin (BTC) is back to winning ways because it continues to top the $55K level, a scenario last occurred in May. The leading cryptocurrency was up by 2.48% in the last 24 hours to hit $55,607 during intraday trading, according to CoinMarketCap. This price surge is partly being triggered by scarcity in the BTC market.

The decentralized finance (DeFi) sector took the world by storm in 2020 after its value grew by fourteen times. Its presence in the crypto space continues to be felt as its value continues to skyrocket. According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands

American independent investment management company Invesco Ltd has announced the launch of two Exchange Traded Funds in the U.S. Dubbed as the Invesco Alerian Galaxy Crypto Economy ETF (SATO) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC), the firm said both products would offer exposure to companies as well as investment