Price action is struggling, giving Terra and Do Kwon the perfect opportunity to “buy the dip.” Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, which now totals 35,768 BTC....Continue Reading

The Solana layer-1 blockchain network has risen to third place all-time in total NFT sales and now sits just behind Ronin and Ethereum, each of which have a commanding lead. The Solana network is gaining traction among nonfungible token (NFT) traders as total sales have surged past $1.6 billion, making it the third most active...Continue Reading

It follows a history of crypto projects from Kakao, including its Ground X blockchain subsidiary, which won the South Korean Central Banks’ CBDC tender last year. Kakao Piccoma, a Japanese digital comics’ subscription service and subsidiary of the Korean internet company Kakao, has purchased a 50% controlling stake in the Japanese cryptocurrency exchange, Sakura Exchange...Continue Reading

There are now 19 billionaires on the crypto-rich list as seven more join the ranks of the industry’s wealthiest executives and founders. The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially. The crypto elite list now has 19 billionaires on...Continue Reading

The Mooch called Bitcoin “an asset for freedom” while candidly speaking about his long-term optimism for the crypto industry and worries about American leadership. Skybridge Capital founder Anthony Scaramucci believes the blockchain industry has a very bright future, but he is concerned about the “very weak leadership” in American politics. Scaramucci is a former Director...Continue Reading

The firm has built a new protocol called Taro to enable stablecoins to be sent and received on the Bitcoin Lightning Network. Bitcoin software firm Lightning Labs has secured a large funding round enabling it to further develop the Lightning Network for faster, cheaper Bitcoin and stablecoin transactions. The $70 million Series B funding round...Continue Reading

The Bitcoin miner’s push to make its facilities run on clean energy reflects a push in the industry for all mining operations to do the same, or to at least use flexible facilities. Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility...Continue Reading

Crypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy. It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives...Continue Reading

The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy, and the impact on financial stability. The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro. In a Tuesday notice, the European Commission’s Directorate‑General for Financial Stability, Financial...Continue Reading

The sanctions were part of an international effort aimed at “[disrupting the] proliferation of malicious cybercrime services, dangerous drugs and other illegal offerings.” The United States Department of the Treasury’s Office of Foreign Assets Control has announced it will impose sanctions on darknet market Hydra and virtual currency exchange Garantex. In a Tuesday announcement, the...Continue Reading