Crypto Exchange FTX Rolls Out $2,000,000,000 Venture Fund
Crypto exchange FTX is launching a $2 billion venture fund to support crypto and Web3 projects. The move was announced in a blog post penned by FTX CEO Sam Bankman-Fried,…
Web3 Is Not a Scam, But It Can Feel Like One
My test drive of NFT metaverse game Axie Infinity shows Web3 has a long, long way to go.
Uniswap Makes Positive Moves but Lacks Buyers at Higher Price Levels
The price of Uniswap (UNI) has moved positively in the lower part of the chart.
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins…
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the…
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called…
Fidelity Macro Strategist Says Bitcoin Has Drawn a Major Line in the Sand at $40,000 – Here’s What It Means
Jurrien Timmer, a macro strategist at financial giant Fidelity, says that Bitcoin (BTC) may have found a new level of support that’s 33% higher than previously believed. In a thread…
