On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, 2021. After waiting patiently for more than a decade, the miner who spent the ‘sleeping bitcoin’ on Friday saw a percentage gain of 76,249,900% if the individual cashed out into U.S. dollars […]

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PRESS RELEASE. NFTs are all the rage right now – they are essentially unique units of data that generally represent a piece of art, media, or other forms of digital files. There are many interesting projects in youthful stages right now, but one of the most prominent NFT projects to arise recently is CryptoDragons. The project is currently offering a limited collection of 10,000 NFT dragon Eggs for minting. The uniqueness of each individual Egg illustration has been generated through Artificial Intelligence, facilitating a process where the […]

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The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian regulatory bodies have been criticized for their actions regarding the cryptocurrency industry in the country. According to Yuri Pripachkin, head of the Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (Racib), their […]

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While Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes cryptocurrency ATMs a very important tool for adoption in the country. Colombia, Crypto ATM Haven There is a cryptocurrency ATM boom going on in Colombia right now, being this is the country that hosts the second-highest number of these […]

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Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came after the debut of bitcoin ETFs in the U.S. Central Bank of Russia Not Open to Bitcoin ETFs Yet The Central Bank of Russia (CBR) is not ready to permit the trading of ETFs based on bitcoin futures, its chair Elvira Nabiullina said at a […]

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Last week the leading luxury auction house Sotheby’s introduced its non-fungible token (NFT) marketplace called “Metaverse.” The Sotheby’s NFT marketplace has featured a number of collectible artworks including cards from the Rare Pepe card collection. Now the socialite Paris Hilton has introduced a few of her NFTs on Sotheby’s native NFT market featuring works from popular NFT artists such as Chelsea Evenstar and Maalavidaa. Leading Auction House Sotheby’s Introduces Metaverse NFT Market The British-founded American multinational luxury auction headquartered in New York City, Sotheby’s has been going […]

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PRESS RELEASE. Silta Finance, a new DeFi lending solution, challenges traditional banking sector’s predominance in project finance by announcing a partnership with the Singapore headquartered development company WEnergy Global. WEnergy Global has agreed to explore cryptocurrency lending solutions to access project finance. The company is partnering with Silta, a new startup connecting DeFi with infrastructure funding. Silta gives DeFi lenders access to a new real asset class, diversifying the investment universe and offering competitive interest rates. With this deal, WEnergy Global will be one of the first […]

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Mariah Carey has encouraged her fans to invest in cryptocurrencies. To help them get started, she is offering $20 in free bitcoin via her partnered cryptocurrency exchange. “A portion of your trade will go toward Black Girls Code, a non-profit helping to increase the number of women of color in the digital space,” said Carey. Mariah Carey Offers Free Bitcoin Bonus to Help Fans Get Started Investing in Crypto Award-winning artist Mariah Carey has encouraged her fans to start investing in crypto. Throughout her career, the famous […]

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Fiat money extends the debt cycle and traps citizens in ever-increasing inflation — but bitcoin forces a reckoning. The Longer We Wait, The Harder We Fall On Friday, October 15, 2021, U.S. President Joe Biden signed legislation raising the government’s borrowing limit to $28.9 trillion. Many Americans are now accustomed to this recurring bureaucratic process and don’t think much of it or its consequences. Two sides fight, they get close to a deadline (and sometimes pass it!) and eventually raise the “debt ceiling” so they can fight […]

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Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish outlook for bitcoin into year-end.” JPMorgan Sees Inflation Driving up the Price of Bitcoin JPMorgan Chase’s analysts, led by Nikolaos Panigirtzoglou, published a research note last week explaining that inflation has been driving up the price of […]

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