Khaldoon al-Mubarak, CEO of Abu Dhabi’s state-owned fund Mubadala Investment Capital, spoke favorably about cryptocurrencies during his recent interview with CNBC. He claims that the fund is putting money into the crypto ecosystem, singling …
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El Salvador’s Bitcoin City & why it could be an “attractive opportunity”
Ever since Bitcoin was adopted as legal tender in El Salvador, the country has been coming up with innovative ways to integrate it into the economy. So much so that plans to …
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Bitcoin (BTC) revisits $50,000 as US inflation hits 39-year high
The Labor Department reported Friday that the Consumer Price Index had reached a 39-year year-over-year growth peak of 6.8%, adding 0.8% in November. While the figure was in line with analysts’ expectations, this …
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Cardano (ADA) network records significant growth in number of Plutus-based smart contracts
The world’s largest proof-of-stake cryptocurrency network, Cardano, has seen a significant uptick in the number of smart contracts written in its native programming language, Plutus. As highlighted by the Cardano Foundation …
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Shiba Inu accumulation continues as Ethereum whale loads up 99B SHIB tokens
Data from crypto whale tracker WhaleStats indicates that Ethereum whale ”Jiraiya” has just loaded up on 99 billion Shiba Inu tokens worth $3,560,960. Shiba Inu accumulation by whales continues amid the flat …
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Bitcoin is ‘the big winner’ in the congress crypto testimony. Here’s why
With the current debate surrounding regulation being such a hot topic in the cryptocurrency space, many have suggested a more defined regulatory framework would benefit the sector. Speaking to Yahoo Finance …
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Polygon has made another acquisition in the ZK-rollups startup Mir Protocol for $400 million
olygon (formerly Matic Network) has made yet another acquisition in the ZK-rollups space, buying Mir Protocol for $400 million. Mir is an Ethereum scaling startup that utilizes zero-knowledge proof (ZK-proof) …
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70% of those who made Forbes ’30 Under 30′ 2021 list are from the crypto industry
Not only will 2021 be remembered for record cryptocurrency prices and eye-watering valuations for blockchain businesses, but also for a new influx of talent into the rapidly expanding sector. Interestingly, 70% of …
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The NASDAQ-listed tech giant MicroStrategy bought 1,434 BTC worth $82.4 Million at $57.5K
The NASDAQ-listed tech giant, spearheaded by Michael Saylor, continues its BTC buying spree after another substantial purchase worth more than $80 million. Michael Saylor, one of the most prominent bitcoin …
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Australia is going to enforce a cryptocurrency reform plan in 2022
The Australian politician and Federal Treasurer – Josh Frydenberg – indicated that Australia would implement a “comprehensive payments and crypto-asset reform plan” next year. The legislation is expected to enhance …
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