The Whale non-fungible token vault has become the second-largest holder of virtual land in The Sandbox game — and its owner plans to become a virtual real estate developer.WHALE tokens represent fractional ownership in The Vault — the private NFT collection of the prominent crypto investor and social...
Africans are increasingly turning to cryptocurrencies as a means of exchange over local fiat currencies, according to a new report from blockchain analytics firm Chainalysis.Data from the firm shows that many locals individuals and businesses are using cryptocurrencies to avoid high fees, regulatory complications, and currency instability. The...
Financial institutions worldwide have reported 134,500 suspicious transactions concerning virtual currencies in the past two years — but that’s just the tip of the iceberg according to a report published by blockchain forensics firm CipherTrace.The report says the Financial Crimes Enforcement Network (FinCEN) has seen a major increase...
SushiSwap, one of the latest decentralized finance, or DeFi, projects to overtake the Blockchain space, has turned a major page in its short life span. As of September 9, the protocol has officially completed a migration over to its own decentralized exchange platform. "Done," SushiSwap head Sam Bankman-Fried said...
People in their 20s and 30s now appear to make up the majority of crypto traders worldwide. This represents a shift away from previous numbers, which indicated not so long ago that people in their 30s and 40s made up Blockchain’s main demographic.According to a Sept. 7 report...
Peter Brandt, long-time trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on the current crypto market, describing the price action stuck between two difficult giants. "Bitcoin and Ethereum — those really, for me, is where the game is played," Brandt told Cointelegraph in a...
Bitcoin is eking out gains Wednesday while ether’s volatility is up on DeFi drama. Bitcoin (BTC) trading around $10,299 as of 20:00 UTC (4 p.m. ET). Gaining 2.7% over the previous 24 hours.Bitcoin’s 24-hour range: $9,818- $10,349BTC above its 10-day and 50-day moving averages, a bullish signal for market...
In an effort to increase the country's legal overwatch, Germany now says Bitcoin (BTC) ATMs require regulatory approval before they are allowed to operate.ATMs that offer assets such as Litecoin and Bitcoin now requires a license from Germany's financial regulator, BaFin, a Sept. 8 statement from the entity...
Crypto exchange Eterbase recently fell victim to a hack of its hot wallets. According to a statement issued by the Slovak Republic-based exchange, hackers extracted approximately $5.4 million from the exchange’s accounts on August 8. Shortly thereafter, Eterbase assured users that law enforcement had already been informed about...
In its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010: Bitcoin and gold correlation. Source: Coin Metrics.If you look at the chart above or find other charts online that track correlations...