Nearly $41 billion worth of cryptocurrency was sent to two types of Ethereum smart contracts associated with NFT marketplaces and collections from the beginning of 2021 through mid-December, according to a new estimate from blockchain analytics firm Chainalysis. From a report: The metric revises an estimate the firm included in Read more…
Hungarian-born billionaire Thomas Peterffy, chairman of Interactive Brokers Group, says the online brokerage is now expanding the cryptocurrencies it offers its customers after sensing “urgency” from their clients to get in. He still hasn’t decided whether cryptocurrencies are a good investment — “I think it can go to zero, and Read more…
Jamie “jwz” Zawinski, famous for being one of the original Netscape developers, being a founder of the Mozilla project, and for this axiom, has laid into Mozilla after the Firefox developers announced they was accepting Dogecoin, Bitcoin, and Ethereum cryptocurrency payments, via Bitpay, for Mozilla’s services and donations. Quote jwz: Read more…
NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 Read more…
RadioShack.com is now showing visitors a new message: “Bringing cryptocurrency to the mainstream…” With a 100-year-old brand, “we are going to lead the way for blockchain tech to reach mainstream adoption by other large brands.” The RadioShack home page says they’ll start with a “symbiosis” with Atlas USV, a community-driven Read more…
Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop shares early this year are threats to the U.S. financial system that merit closer scrutiny, a Treasury Department-led regulatory panel said on Friday. In its annual report, the Financial Stability Oversight Council (FSOC) Read more…
For a brief moment, their worlds had changed. From a report: On Tuesday afternoon a Coinbase “display issue” changed the balances of an untold number of customers’ accounts — making many of them billionaires in the process. Billionaires on paper, that is, because as Coinbase hastily pointed out in a Read more…