The recent Ethereum upgrade highlights staking opportunities for institutional holders. In the short term, however, liquidity is still an issue, . The Ethereum blockchain’s carbon footprint is expected to reduce by 99% following last week’s Merge event. By positioning staking as a service for retail and institutional investors, the upgrade could also have a significant...Continue Reading
The marketplace intends to prioritize storytelling by allowing NFT creators to design customizable drop pages, share images, videos and more. OpenSea, the digital marketplace for crypto collectibles and non-fungible tokens (NFTs), has launched a new initiative to make it easier for creators to create and distribute NFTs on its marketplace. As part of this new...Continue Reading
The Litecoin blockchain has been up and running for over a decade with no downtime. Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin...Continue Reading
Crypto and stock markets continue to correct, but that doesn’t mean all the investment opportunities are gone. Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike. At the moment, the market consensus is a 0.75 bps rate hike and a...Continue Reading
The hackers behind the attack may have been responsible for breaching India-based crypto exchange CoinDCX’s Twitter account given the similar fake XRP giveaways. Scammers have hacked the official Twitter account of the Embassy of India in Oman, replacing the profile picture with Ripple CEO Brad Garlinghouse and using the reply function to spam users with...Continue Reading
The vulnerability in private keys generated by the popular Profanity vanity key generator was noted in January and has already been implicated in at least one major hack. Blockchain cybersecurity company Certik has said a vulnerable private key was attacked in the Wintermute hack. A vulnerability in private keys generated by the Profanity app was...Continue Reading
Assistant secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran, and North Korea. Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could help strengthen the government’s response to...Continue Reading
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet. The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue website. Colorado tax payments are...Continue Reading
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021. On Tuesday, institutional crypto lending protocol Maple Finance and its delegate Icebreaker Finance announced that they would provide up to $300 million worth of secured debt financing to public and private Bitcoin mining firms. Qualified entities meeting treasury management...Continue Reading
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen “at a proper time.” The People’s Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the country’s provinces, including Guangdong. According to a Tuesday...Continue Reading
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