“We want the crypto aspect to be a subtle yet cool draw, so that people are first attracted to the sleek design and unique features of the can, like the bottle opener, and would want to buy it just for that,” he said. He compared it to the silver cigarette cases popular with the upper classes in the roaring 20s. Source
As Bitcoin has become more mainstream, more and more institutions are beginning to hedge their bets with the cryptocurrency. Over the last four years, institutions have grown their holdings exponentially, and the result of this is that these large institutions have become the more dominant holders of Bitcoin. So much so that at this time, the top Bitcoin wallets no longer include any private holders besides Bitcoin creator Satoshi Nakamoto. Top 10 Bitcoin Wallets Revealed In an X (formerly Twitter) post, crypto pundit Marty Party shared an interesting development when…
A media release published earlier today by the Australian Securities and Investments Commission (ASIC) revealed that the country’s largest securities market operator, ASX Limited, is now facing legal challenges following the operator’s alleged misleading statements about its paused blockchain project. Initially set to revamp ASX’s antiquated shareholding and settlement management system, this blockchain project was abruptly halted in late 2022, sparking scrutiny and legal repercussions. The ASIC release read: ASIC has commenced proceedings in the Federal Court against Australia’s largest market operator, ASX Limited, for allegedly making misleading statements related…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Spot Ethereum exchange-traded funds in the United States witnessed positive inflows for the third consecutive day this week, in contrast to spot Bitcoin ETFs, which saw substantial outflows, reversing their two-day run of gains. Data from SoSoValue reveals that on Aug. 14, nine Ethereum ETFs collectively attracted $10.8 million, continuing a week of gains with previous daily inflows of $24.3 million and $4.9 million. Leading the inflow was BlackRock’s ETHA with $16.13 million, followed by Fidelity’s FETH at $6.65 million, and Bitwise’s ETHW with $2.67 million in net inflows. The…
U.S.-listed mining companies produced a larger share of bitcoin in July than June, accounting for 21.1% of the total network versus 20.7% in May, the report said. August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report added. Original
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive […] Original
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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Senate majority leader Chuck Schumer has set himself the goal of passing comprehensive crypto legislation by the end of 2024. Schumer made the statement at a virtual town hall meeting hosted by Crypto4Harris, a newly-formed initiative to push pro-crypto talking points for Democratic presidential candidate Kamala Harris. During the proceedings, attended by Senators Kirsten Gillibrand and Debbie Stabenow, as well as Colorado Governor Jared Polis and investor Mark Cuban, the New York senator declared his intention to pass a bipartisan crypto bill out of the Senate and into law by…