Crypto Biz: Consolidation ramps up among crypto firms

British YouTuber KSI blames "over leveraging" for his previous loss of $9.74 million (£7 million) in crypto investment. 257 Total views 4 Total shares Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin (BTC) crash. However, the United Kingdom-based influencer’s…

A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. 3097 Total views 42 Total shares One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) —  a single transaction that represents more U.S dollar value than the…

Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.”This latest endorsement comes against the backdrop of China’s stringent anti-crypto stance, wherein the country’s lawmakers implemented a blanket ban on its local…

A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto. 121 Total views 23 Total shares Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to…

Less than two months after receiving a pardon from US President Donald Trump, Silk Road founder Ross Ulbricht attended a March 4 joint session of Congress. 375 Total views 1 Total shares After being in prison for more than 11 years for his involvement with the darknet marketplace Silk Road, Ross Ulbricht appears to have

According to an email reportedly sent to clients, Fidelity Digital Assets is offering institutional Ethereum capabilities for their clients starting next week. 322 Total views 11 Total shares Fidelity Digital Assets, the crypto wing of $4.5 trillion asset manager Fidelity Investments, is set to offer Ether (ETH) custody and trading services to its institutional clients later…

BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments. 224 Total views 1 Total shares Bitcoin (BTC) stuck to $26,000 on June 14 as fresh United States macroeconomic data prints failed to move cryptocurrency markets.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewPPI offers Bitcoin bulls…

The exchange will delist NFTs with low trading volume and listed prior to new KYC rules starting February. 143 Total views 1 Total shares Own this piece of history Collect this article as an NFTAccording to a Jan. 19 announcement by Binance, the cryptocurrency exchange has tightened its rules for nonfungible tokens, or NFT, listings. Starting…

Low uptake of Grayscale’s Solana fund is an early indicator, she said.