The mania around Non-Fungible Tokens (NFT) has only seen a whirlwind spike over the past year, with sales crossing $12.7 billion. Such sales figures have made it the best-performing cryptocurrency sector. In fact, …
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Fresh data shows 90% of the maximum total Bitcoin (BTC) supply has been mined
Total circulating Bitcoin hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined. …
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Banking giants Wells Fargo & HSBC announce plans to use blockchain in settling forex transactions
Banking giants Wells Fargo and HSBC have announced plans to leverage blockchain technology in settling matched foreign exchange transactions. In a press statement, the two entities indicated that they will deploy the …
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The blockchain-based gaming platform, The Sandbox, partners with metaverse platform BlockchainSpace
According to the official press release shared with CryptoPotato, the latest move is a part of the collaborative effort, wherein BlockchainSpace plans to connect a huge number of guilds and players …
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Myanmar shadow government announces stablecoin Tether (USDT) an official currency
Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared United States dollar-based stablecoin Tether as an official currency …
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Elon Musk, Time Magazine’s person of the year, says Dogecoin is better suited for transactions than Bitcoin
Dogecoin is better suited for transactions than Bitcoin, Elon Musk told Time Magazine in a recent interview: The transaction volume of Bitcoin is low, and the cost per transaction is high. It is, …
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The CEO of Mubadala Investment Company: “$240 billion UAE wealth fund will invest in crypto ecosystem”
The CEO and Managing Director of Mubadala Investment Company, Khaldoon Al Mubarak, revealed in an interview with CNBC on December 13 that his organization is considering investing in the “crypto ecosystem.” Mubadala …
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Bloomberg Intelligence expects the U.S. to embrace cryptocurrencies in 2022
A new report by Bloomberg Intelligence projects that the United States might embrace cryptocurrencies by 2022, inspired by recent happenings in the sector. The report dubbed Global Cryptocurrencies: 2022 Outlook notes that the U.S. might …
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The world’s first Bitcoin ETF in Canada buys another $211.6 Million in BTC
Chinese blockchain journalist and blogger Colin Wu has tweeted that Purpose Bitcoin ETF, the first institution of its kind in the country and in the world that was approved by regulators, …
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The first traditional bank in Europe to add Ethereum to its cryptocurrency services
One of the largest banks of Europe has announced that it is going to widen its cryptocurrency trading service offering by adding Ethereum to its portfolio. The big addition will allow the institution to …
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