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Crypto News
ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake. Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria…
‘Free coin to everyone’ project aims to make 1B crypto owners in 2 years
Backed by a16z and co-founded by Sam Altman, Worldcoin will give free crypto in exchange for an eye scan. Funded by crypto heavyweights, new crypto unicorn Worldcoin revealed its plan to let everyone claim free coins to accelerate global…
Billionaires are backing Bitcoin over gold… but some say Ethereum is even better
“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht. Following JPMorgan CEO Jamie Dimon’s recent comments that…
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year, and the price went vertical last time. More than $1 billion worth of Ether (ETH) has been removed…
Vitalik Buterin Among Time’s 100 Most Influential People of 2021
Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap, has made Time magazine’s list of the 100 most influential people of 2021. The programmer was listed as an innovator, and Time valued his ability to…
Vitalik Buterin makes list of Time magazine’s 100 most influential people in 2021
Prince Harry, singer-songwriter Billie Eilish, Olympian Simone Biles, and the Ethereum co-founder all made the cut. Time magazine has named Ethereum co-founder Vitalik Buterin one of the most influential people this year across those in…
The Relationship Between US Government Debt and Bitcoin, Explained
The kind of inflation outbreak that might prove bitcoin’s power as a hedge asset isn’t coming in the near term, according to some economists. “Right now, low interest rates tell us there’s no evidence that we’re borrowing too much…
BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures
BlackRock, the world’s largest asset manager with $7.81 trillion under management, appears to have granted at least two of its funds the ability to invest in bitcoin futures.Prospectus documents filed with the U.S. Securities and Exchange…
Blockchain Bites: Bitcoin Bubble, Toil and Trouble
Bitcoin shed a couple thousand dollars in overnight trading, while larger wallet addresses appear to be consolidating their holdings. Meanwhile, Treasury Secretary nominee Janet Yellen said crypto is a “particular concern” and Web 3.0…
Dear Crypto Derivatives Industry, Let’s Not Repeat 2008
$1 quadrillion. The derivatives market is considered the biggest market in the world on a notional basis, eclipsing even the ballooning world debt market by four times. However, on a gross market value basis, the derivatives market is…