Being your own bank isn’t for everyone — and that includes companies and fund managers looking to issue cryptocurrency investment vehicles. Cryptocurrency exchange and custodial services provider Gemini announced today the launch of a new service tailored specifically towards funds and ETFs: Gemini Fund Solutions....
Blockchain
Blockchain
French utility giant pursues carbon neutrality as Hedera node operator
French utility giant Électricité de France has joined the Hedera Governing Council as a node operator. EDF, which is among the top five global utility firms, represents the first from its industry to join the council and will use the technology as part of its...
Bitcoin price charts hint at another drop after failing to break $52K
Bitcoin (BTC) has halted its bull run in the past few weeks as the price has corrected from an all-time high of $58,000 to around $43,000. Several arguments were found for the pullback, including a sell-off from miners and whales. The other primary reason for...
Polkadot futures market flippens Litecoin as its open interest hits $573M
Polkadot (DOT) has been raising eyebrows for the past couple of months as the interoperability-focused altcoins has gained 625% in the past three months. The promise that interoperability between blockchains will be a viable solution to the high Ethereum gas fees plaguing the crypto market...
Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin
On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that CEO Peter Wall is now the first executive of a publicly traded company to take their entire salary in Bitcoin (BTC). In a February operational update, the company — which trades on the London Stock...
NFT boom triggers parabolic rallies in Chiliz (CHZ) and Flow
Strong hands view a correction in an uptrend as a buying opportunity and data from CryptoQuant shows that Bitcoin (BTC) whales have been buying near $48,000. This activity can be seen in the large Coinbase outflows, most of which went to custody wallets and this...
Much wow! The Dallas Mavericks to accept Dogecoin for tickets and merch
Dogecoin (DOGE), a cryptocurrency borne out of a joke, can now be used as payment for tickets and merchandise for the Dallas Mavericks basketball team. The National Basketball Association franchise confirmed Thursday that it has become the first major business to accept DOGE, allowing users...
Watershed moment? Bitcoin price exceeded all expectations in February
In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market specialists and economists, as the markets saw an enormous surge before correcting themselves later in the month. The flagship cryptocurrency...
A dark horse in the Ethereum scaling wars? Chainlink’s oracles find fertile ground on xDai
Chainlink (LINK) oracles have made their way to xDai, an Ethereum sidechain that has seen growing adoption among DApp developers who cannot afford to stay on the Ethereum mainnet. As announced by Chainlink on Thursday, its price feeds are live on the xDai mainnet, offering...
Binance Smart Chain ‘copykat’ project loses $31 million in possible rugpull
At roughly 9 am UTC today Meerkat, a decentralized finance (DeFi) protocol on Binance’s smart contract platform, lost $31 million worth of BNB tokens. While the team initially claimed that they had been the victim of an exploit, they have since deleted all social channels,...