Messari analyst Ryan Watkins has posited a bullish projection for the Ethereum Network and Ether, over Bitcoin (BTC). Watkins made the claims that Ethereum may soon be more secure compared to Bitcoin through a YouTube show Fintech Today on Thursday.
Author: Godfrey Benjamin
The Bank of Thailand has sent out a stern warning against the use of all forms of stablecoins in the country. According to a report by the Bangkok Post, the central bank’s directives were specifically targeted at activities involving the Thai Baht Digital (THT), a stablecoin whose adoption in the country is picking up pace.
The nabbed mastermind of the massive July Twitter hack, Graham Ivan Clark has pleaded guilty to financial fraud charges and is set to spend three years in jail. Clark pleaded guilty in a Florida court as reported by local news channel the Tampa Bay Times.
The Eurasian Economic Union (EAEU) has been noted not to have a consensus on finding the common ground to provide an encompassing regulation for the blockchain and cryptocurrency ecosystem in the region.
Bitpanda, a self-proclaimed neobroker has secured $170 million in new funding as reported by Tech EU, positioning the Austria-based company on the path for new growth. Per the report, the funding, renowned as the company’s Series B was led by the firm’s existing investor Valar Ventures, a fund led by Peter Thiel, and new partners from DST Global.
The Governor of the Bank of Japan Kuroda Haruhiko has underscored the importance of the nation’s venture into Central Bank Digital Currencies (CBDC), saying that the development of a digital Yen cannot be held pending until there is a critical need for such technologies in the future.
India’s Finance Minister, Nirmala Sitharaman has quelled a recent FUD “Fear, Uncertainty, and Doubt” making the rounds that the Asian giant is ramping up plans to ban cryptocurrency in the country.
The price of Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization is seeing a massive correction after soaring above $61,000, representing a new all-time high for the cryptocurrency. According to data from CoinMarketCap, Bitcoin surged to $61,683.86 on March 13th, taking the surge picked up since the beginning of the year to a whole new height.
A Non-Fungible Token (NFT) by crypto artist Mike Winkelmann has been sold at Christie’s auction house for approximately $69 million, the biggest for any NFT in history. As reported by CNBC, the sale ended two long weeks of ecstatic bidding on the artwork and marks the new era showing increasing interest by art collectors for highly-priced creative works.
New York-based cryptocurrency lending platform, BlockFi has announced the completion of its Series D funding round, securing $350 million in capital boost.