Gucci becomes first major brand to accept ApeCoin payments
Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores,...
Month: August 2022
BTC wholecoiners up by 40K since June crash began
A sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet...
Rock on, Gibraltar: Pro-crypto regulation pulls Binance and big players
Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now...
Michael Saylor will step down as MicroStrategy CEO but remain as executive chair
The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue...
Crypto miner Digihost plans to move rigs from New York to Alabama
The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the...
Crypto custody tech provider Fireblocks integrates Tokeny for token minting
The integration allows institutional-grade users to mint and manage their tokens along with managing their conventional cryptocurrency portfolios. Enterprise crypto...
New York financial regulator fines Robinhood’s crypto division $30M
“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture...
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with...
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining...
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching...
CoinShares reports $21.7M loss tied to Terra implosion
The firm's book-making took a huge hit after being exposed to the TerraUSD collapse. On Tuesday, European cryptocurrency investment firm...
Crypto users spent $2.7B minting NFTs in first half of 2022: Report
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong....
Bitcoin derivatives show a lack of confidence from bulls
High correlation to stock markets and recession risks limit optimism on the part of BTC investors. Bitcoin (BTC) has been...
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round...
