Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The US Stock indices headed to the south on Tuesday on declining retail sales data for the month of July 2021.
Such an interest resulted from the COVID-19 pandemic. Before, there was attention from institutional investors, but nobody considered serious investments in cryptos. However, as high-profile investors began to talk about Bitcoin as a hedge against inflation, the fire started.
Retail powerhouse Walmart had impressive second-quarter earnings which beat expectations and surged due to grocery and school-related sales.
The decline in the company’s same-store sales is attributed to customer’s reduced interest in do-it-yourself undertakings.
Regulators in the United States now have additional exchange-traded funds (ETF) to consider as it was revealed that Galaxy Digital, an investment management firm in the crypto space, has filed for a Bitcoin futures ETF.
Bluesky, the decentralized social media initiative fronted by American tech giant Twitter has appointed Jay Graber as the head of the protocol.
The Peter Thiel-backed company had managed to triple its valuation in five months and has currently secured $263 million in a fresh funding round.
The Chinese call these measures “rectification” meaning that authorities are bringing these companies in line with regulation.
Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, Alibaba, has launched a new marketplace that permits copyright holders to auction Non-Fungible Tokens that represent licenses to their Intellectual Property.
Sroge’s appointment as interim CEO of BinanceUS comes in the wake of Brian Brooks’ resignation after serving in the position for less than four months.
BitDAO has managed to raise $369 million in a striking fundraiser and has broken all previous records set by competitors and related ICOs.
Despite the security risks exposed by the biggest DeFi hack ever, the price of SOL and LUNA, two tokens owned by Solana and Terra respectively, hit all-time highs on Monday.
On Monday, the TikTok sharing feature went live for all Audius users. The deal with TikTok is a huge step towards an influx of new music artists and their popularity growth.
The indexes hit a record high as nearly 87% of S&P 500 companies have reported positive EPS during the second quarter of 2021. This is the fastest 100% growth in S&P 500 since World War 2.
Figment will deploy these funds towards building robust infrastructure offering yield on digital tokens and other assets. Besides, it also p[lans to diversify the breadth of its services.