If you read the crypto press, you’ll find story after story this week about how the number of new bitcoin ATMs crashed this year, with just one-sixth as many installed in April as in December. The thing is, they haven’t. Or at least, those stories...
One of the top non-fungible token (NFT) lines sold off 55,000 NFTs for a record-setting $317 million. The transaction fees for those sales? $4,000 to $10,000. Each. Total cost? $200 million for 55,000 transactions. Welcome to Ethereum, the little blockchain that can’t. Actually, Ethereum is...
WeBank, the Chinese digital bank, announced its new brand, WeBank Blockchain, which will develop financial infrastructure and blockchain technology to promote environmental, social and governance (ESG) investment strategies, a press release said Wednesday (April 27). Nanqing Li, WeBank president, said WeBank “has accomplished two interim...
The Central African Republic has become the second country in the world to adopt Bitcoin as an official currency. In making BTC legal tender alongside the CFA franc on Wednesday (April 27), one of the poorest countries in the world is following the lead of...
Crypto may be coming to your retirement plan, and the regulators are not happy. The largest 401(k) provider, Fidelity, announced on April 26 that it will offer employers to option to allow 401(k) participants to invest up to 20% of their retirement savings account in...
One of the Ethereum-killer blockchains is betting that its green footprint is an advantage that it can use to woo developers and investors away from the original smart-contract cryptocurrency. On April 21, Algorand celebrated Earth Day by announcing that it had introduced a smart contract...
The thing about middlemen is that they can correct mistakes. Virtually all of blockchain and crypto, from Bitcoin on, is cutting them out for reasons that range from cost and speed to privacy. However, as a poorly worded smart contract in a high-profile non-fungible token...
B2B online marketplace ShelfNow on Monday (April 25) launched blockchain integration across its intelligent platform, in partnership with New Zealand software company Trackgood, to create what the company says is the world’s first blockchain-enabled marketplace. According to a Business Leader report, the integration of blockchain...
When fear is the main factor driving investors, they pile back into dollars, driving everything else from the S&P 500 to gold — and especially bitcoin — down. So much for the argument that bitcoin is seen as a safe-haven investment by institutional or retail...
