Despite a Shaky Ethereum, the NFT Market Is Booming

Key Takeaways The NFT market is soaring despite a wider downturn in the crypto market. Collections like mfers, NFT Worlds, and Edenhorde have rallied over the last few days. Several OpenSea competitors... Read more »

Ruby on Rails creator backpedals about Bitcoin: ‘We need crypto’

Canada’s move to freeze Bitcoin (BTC) wallets and bank accounts related to the COVID-19 vaccine protests is driving cryptocurrency adoption, with some crypto naysayers reconsidering their stance on Bitcoin. David Heinemeier Hansson,... Read more »

FBI Launches ‘Virtual Asset Exploitation Unit’ With Specialized Team of Crypto Experts

The Federal Bureau of Investigation (FBI) has launched a new unit to tackle crypto exploitation. The new team will work with the National Cryptocurrency Enforcement Team of the Department of Justice (DOJ)... Read more »

Vitalik Buterin on why he welcomes the return of crypto winter

Vitalik Buterin says crypto may benefit from a period of prolonged price depression, otherwise known as crypto winter. The comments came during the ETHDenver festival, which ended on Sunday. However, the Ethereum... Read more »

Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining

Computer chip manufacturing giant Intel Corporation shared details of a new mining chip that will be coupled with a high-performance 3,600 Watt miner with the ultimate goal of improving Bitcoin (BTC) mining... Read more »

US President Biden to Issue Executive Order on Crypto This Week: Report

U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy... Read more »

OpenSea NFT Hack Exposes Web3 Self-Custody Risks

Key Takeaways A hacker stole hundreds of NFTs from OpenSea users last night. While a post-mortem report has not yet been published, OpenSea team has claimed that the hacker executed a phishing... Read more »

Understanding U.S. Millennial appetite for crypto

Compared to the global average, reduced financial well-being observed among US millennials could be connected to their increased interest in alternative financing methods, according to the data published in a recent report... Read more »

US banks partner with crypto custodians

Grayscale Investments’ latest report “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.”  With this in... Read more »

Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack

Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown... Read more »