Day: July 23, 2021

Bitcoin May Come Down Below $20,000 and Maybe Even Under $10,000, But Great Future Awaits: ADVFN CEO Clem Chambers

In a recent interview with U.Today, the CEO of Europe’s number one stock and shares website, ADVFN, talked about his views on the cryptocurrency market, Bitcoin, Ethereum, DeFi and the digital assets industry in general. Ads Ads Chambers offered his view on the current market situation for Bitcoin and also shared his thoughts about the

Roc-A-Fella Cofounder Is Selling NFT for $10M in Ethereum Amid Jay-Z Lawsuit

Last month, Roc-A-Fella Records sued co-owner Damon Dash for trying to sell an NFT tied to Jay-Z’s album “Reasonable Doubt.” Typically, when artists try to cash in by “making an NFT of” a song or an album, they’re talking about a file (typically an image or video) associated with the music. An NFT is just

Amazon Says It’s ‘Exploring’ Cryptocurrency Payments

Every once in a while a job posting will kick off a flurry of rumors in the crypto space, as industry watchers want to know whether a new mega corporation such as Apple or Facebook is set to adopt cryptocurrency payments. That happened today with Amazon, which recently listed a job posting for a Digital

How a 12-Year-Old Made Over $160,000 in Ethereum on NFTs in One Day

Last month, we introduced you to Gajesh Naik , a 13-year-old boy from Goa, India, who drummed up his own investment management program for cryptocurrency. Apparently there’s a market for tweens looking to get into crypto: this past week, a 12-year-old sold a series of original NFT icons for over $160,000. The NFT collection is

Hedge Funds Abandoning Binance Amid Heightened Regulatory Scrutiny

Some hedge funds have soured on Binance due to intense regulatory scrutiny the exchange is currently facing, Financial Times reports. Particularly, Tyr Capital and ARK36 have both dramatically trimmed their positions on the leading cryptocurrency trading platform. Tyr Capital co-founder Ed Hindi claims that the move is meant to shield investors from “unknown unknowns” amid

Binance U.S. May Go Public, CEO Says

Speaking at an online event Friday, Binance CEO Changpeng Zhao said Binance U.S. was “looking at the IPO route.” Binance U.S. Considering IPO Binance U.S. may list shares on a U.S. exchange through an initial public offering in the near future. Changpeng “CZ” Zhao, CEO and founder of Binance, confirmed the IPO plan for its

Bitcoin Ransomware Victim Kaseya Isn’t Saying How It Got the Key to Stop Attack

Kaseya, which sells IT software to businesses all over the world, yesterday announced that it had “obtained a universal decryptor key” that can be used to undo the effects of a July 2 ransomware attack that crippled its clients’ operations. The hackers had demanded $70 million in Bitcoin. A Kaseya spokesperson told reporters that the

New York Town Plans to Ban New Crypto Mining Operations for 90 Days

Massena, a small New York town that is situated along the Canadian border, is mulling over establishing a 90-day moratorium on new cryptocurrency mining projects, local news broadcaster WWNY-TV reports. Steve O’Shaughnessy, the town’s supervisor, complained about “sea boxes” with mining equipment cluttering Massena’s streets: Ads Ads We just want to make sure if they’re

Binance US Aims to Copy Coinbase ‘Playbook’ and Go Public: Binance CEO CZ

The U.S. arm of the world’s biggest cryptocurrency exchange, Binance, may go public via an IPO, the firm’s CEO said today. Binance CEO Changpeng Zhao said at the Friday online conference, REDeFiNE Tomorrow , that “Binance U.S. is looking at the potential IPO route” to go public. He also said that Coinbase, the biggest U.S.-based

Binance Review: Can the World’s Biggest Exchange Still Cut It in 2021?

Jump to What is Binance? Design and UX Getting started Ease of use Fees Is Binance safe? Binance’s battle with regulators What is BNB? Binance DEX Binance Card Verdict What is Binance? Launched in August 2017 by founder Changpeng “CZ” Zhao, it only took 180 days for Binance to become the largest cryptocurrency exchange in

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