Binance, Sequoia Among Investors Backing Musk’s Takeover of Twitter
The cryptocurrency exchange has committed $500 million to finance Elon Musk’s $44 billion takeover of social media platform Twitter.
Bitcoin celebrates halfway to the halving with new hash rate record
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.
DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem
But the token still risks falling by more than 30% based on a classic bearish continuation setup.
With 11.1% CAGR, Cryptocurrency Market Size Worth USD 1902.5 Million in 2028
Pune, India, May 05, 2022 (GLOBE NEWSWIRE) — The global cryptocurrency market size is likely to reach USD 1902.5 million by 2028, exhibiting a CAGR of 11.1% during the forecast…
Data Shows Dogecoin Is Increasingly Losing Trust Of US Consumers — But It Doesn’t Seem To Matter
Data indicates that public trust in Dogecoin (CRYPTO: DOGE) has continued to decline over the last few months — but that hasn’t stopped U.S. consumers from buying. What Happened: According…
Former BitMEX Chief Asks Court for Probation, Not Jail
Former BitMEX co-founder and CEO Arthur Hayes is asking for no jail time and permission to live overseas in anticipation of his sentencing later this month. Lawyers for the 37-year-old…
Twitter Offshoot Bluesky Releases Early Code For Decentralized Social Network
Twitter Inc (NYSE: TWTR) offshoot Bluesky has released its first open-source code for a decentralized social network. What Happened: In a May 4 announcement, Bluesky CEO Jay Graber said that…
Top Movers of the Week: These 3 Crypto’s Rallied Big
After a week of volatility and uncertainty, the crypto market is slowly regaining some of its losses. However, a majority of projects are still in the reds on the 7-day…
Was Elon Musk’s dig at NFTs silly?
The NFT bug hasn’t spared anyone but Elon Musk. non-fungible tokens popularly known as NFTs entered the market and revolutionized the entire digital space. Mainstream firms to the average Joe,…
IMF Expresses Concern About Central African Republic’s Adoption Of Bitcoin
According to the International Monetary Fund, the Central African Republic’s adoption of Bitcoin as legal tender poses several issues for the country and the region, reported Bloomberg. Related: A Second…