Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Bear Cross on Key Indicator Could Push Bitcoin Price to $7,300
At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish news hits the press week after week. The news of Bakkt Bitcoin futures trading volume increasing by 796% failed to positively impact Bitcoin price and Fidelity Investments’…

Blockchain gets down and dirty fighting fraud at California’s DMV
It’s not the world’s first chain-based property transfer protocol, but it could be one of the most impactful, given its scale and prominence.

Ubisoft set to launch its first Web3 game on Oasys blockchain
Ubisoft enters the Web3 space with Champions Tactics, a tactical RPG leveraging blockchain for player-owned assets and unique champions.

Crypto venture fund Galaxy Ventures could hit a $180M fundraise: Report
Mike Novogratz’s Galaxy Ventures Fund I is set to raise past its $150 million target despite headwinds for crypto venture capital. Michael Novogratz’s Galaxy Ventures Fund I LP is expected to raise around $175 million to $180 million by the end of June to build a portfolio of 30 crypto and blockchain startups. According to

Israel-Hamas conflict creates recruitment challenges for blockchain industry
Increased emigration from Israel has led to fears of a brain drain.

Novogratz calls PayPal’s Bitcoin news ‘the shot heard around the world on Wall Street’
PayPal coming to crypto is big news for adoption, says the investor. 1500 Total views 20 Total shares Galaxy Digital CEO and multi-millionaire Mike Novogratz recently hopped on CNBC Squawk Box for an interview, detailing the importance of PayPal's upcoming 2021 Bitcoin (BTC) launch. "I think that's, in some ways, the shot heard around the world…

Bugs Found in Compiler for Readable Ethereum Smart Contracts, Team Downplays Concerns
A Jan. 8 post published by the Ethereum Foundation (EF) revealed that developers are working on a new implementation of the Vyper compiler, due to “multiple serious bugs” in the existing version. The Vyperlang team responded by noting that existing Vyper smart contracts were not affected by these bugs.Vyper is an alternative programming language for…

Blockchain-Powered App Helps Mongolian Herders Trace Cashmere
Toronto-based startup Convergence.tech has successfully concluded a blockchain-based pilot to help Mongolian nomadic herders track and certify sustainable cashmere.The supply chain project, which was conducted with the United Nations Development Program (UNDP), is powered by Convergence.tech’s Ethereum-based traceability platform, Backbone.Convergence.tech chose to focus on cashmere herders for its pilot, as many of these individuals face…