Category: Blockchain

Retailer Walmart issued a press release on Monday, September 13, to clarify a false report about its previous announcement of a partnership with Litecoin (LTC), stating that the company has no relationship with Litecoin. The clarification was released on the same day after a fake press release issued by GlobeNewswire. This false press release indicated that Walmart

MicroStrategy Incorporated, a Nasdaq-listed software and cloud service provider, have doubled down yet again on its Bitcoin acquisition Pursuits, committing a new $242.9 million to purchase a new batch of the digital asset. MicroStrategy’s Bitcoin Portfolio Announced by Michael Saylor, the iconic Chief Executive Officer of MicroStrategy, the latest acquisition added approximately 5,050 BTC into

Cathie Wood’s Ark Investment Management LLC updated its prospects. They can now invest in Canadian Bitcoin ETFs as the investment management company seeks new ways to bet on digital assets. A new supplement filing with the US Securities and Exchange Commission (SEC) indicates that Cathie Wood’s ARK investment management company has given itself the green

Accountancy and consulting firm Ernst & Young (EY) announced Tuesday to provide blockchain solutions on the public Ethereum (ETH) blockchain ecosystem by utilizing Polygon protocol and framework. In its press release, The London-based Big-four firm states that the partnership allows them to offer “predictable costs and settlement times” to enterprise users with increased transaction volume

Nasdaq-listed cryptocurrency exchange Coinbase Global Inc has announced its plans to raise new capital by issuing $1.5 billion aggregate principal amount of its Senior Notes to potential investors.   Per the announcement, the Senior Notes will be due by 2028 and 2031 in a private offering. According to the Brian Armstrong-led firm, “the interest rate, redemption

The week started with some negative notes for the cryptocurrency markets, with Bitcoin reversing its massive gains early last week and approaching the bear market territory. The total market cap of the cryptocurrency market is now at $2.08 trillion, with bitcoin having a 41.46% dominance on the market in roundup examines some of the trending

The South Korean Financial Services Commission (FSC) has begun to tighten the supervision of local and overseas cryptocurrency trading platforms in South Korea, resetting a new deadline on September 24, according to Financial Times. It is reported that this regulation will terminate nearly two-thirds of unapproved South Korea’s cryptocurrency exchanges for legal transactions. Approximately 40 of South

The long-awaited Alonzo smart contract upgrade has gone live on the Cardano, ushering in the Proof-of-Stake (PoS) blockchain protocol era.  According to Input Output Hong Kong (IOHK), the company behind the Cardano blockchain, the roadmap to the current network design was a long and challenging one, starting from the Byron reboot in March 2020. The Byron Reboot

Indian cryptocurrency exchanges are all out with plans to contribute to the growth of the digital currency ecosystem through targeted advertising campaigns to target new customers. As reported by the Economic Times, Indian crypto exchanges are ramping up hiring and planning product launches and large-scale advertising campaigns to add new retail investors. The Indian crypto ecosystem is

William Quigley, the co-founder of the stable coin Tether (USDT), believes that the business model will undergo radical changes in the future and the delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto. William Quigley suggested that when reality is combined with digital numbers, the way the world interacts will produce unimaginable