Category: Blockchain

Sorare, an Ethereum-backed fantasy football platform, has announced its latest partnership with the top two leagues in Germany, the top-flight Bundesliga and Bundesliga 2 DE. Dedicated to helping rebrand the utilities of blockchain technology by remodelling the offerings of traditional fantasy gaming platforms, the partnership between Sorare and the Bundesliga leagues will help to broaden

The Non-Fungible Token (NFT) ecosystem is booming, and sales volume is here to prove it. Rising over eight times from the second quarter record, sales volumes of non-fungible tokens (NFTs) grew to $10.7 billion in the third quarter of 2021, effectively depicting the sustained embrace in a frenzy picked up from the beginning of the

America’s fifth-largest retail financial institution, US Bancorp (also known as US Bank), is set to provide cryptocurrency custody services featuring Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC). As reported by CNBC, the service will only be opened to institutional fund managers, and the service will be co-administered by NYDIG, who will serve as the

At a hearing held on Tuesday, Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), said that the United States will not follow China’s ban on cryptocurrencies. Speaking in the hearing of the House Financial Services Committee, Gary Gensler answered Congressman Ted Budd (RN.C.) whether the SEC would follow China’s comprehensive ban on cryptocurrencies to support

Bitcoin (BTC) is back to winning ways because it breached the psychological price of $50,000, a fate not seen since September 7. The leading cryptocurrency was up by 21.15% in the last seven days to hit $51,426 during intraday trading, according to CoinMarketCap. Institutional investors continue to show their confidence in Bitcoin based on their

Bitcoin (BTC) broke the $50K again after suffering a significant pullback, which prompted a $10K daily loss in September. The top cryptocurrency was up by 3.69% in the last 24 hours to hit $51,334 during intraday trading, according to CoinMarketCap. The Bitcoin Lightning Network has been following suit because it crossed the 3,000 BTC capacity

Ethereum (ETH) has been witnessing an uptick in activities, which has prompted a price surge. The second-largest cryptocurrency was up by 16.31% in the last 24 hours to hit $3,379 during intraday trading, according to CoinMarketCap.  As the neck-to-neck battle between Bitcoin and Ethereum continues, the latter has emerged as the victor in terms of

Kristalina Georgieva, managing director of the International Monetary Fund, has recently said that it is difficult to believe in cryptocurrencies like Bitcoin as money. Speaking at a virtual event hosted by Bocconi University in Italy, Ms Georgieva said that Central Bank Digital Currencies (CBDCs) are the most reliable form of digital money. The IMF chief

A new bill has just been sponsored by an American lawmaker from North Carolina, Patrick McHenry, seeking to grant a safe harbour for some kinds of token transactions and prevent issuers from being sanctioned for not registering with appropriate authorities. The sponsored bill was christened the “Clarity for Digital Tokens Act of 2021”, and it