Nifty’s promises to offer familiar social sharing, but also collaboration for artists and, most important, a sense of authenticity. Read More
Tag: Digital, virtual, and cryptocurrency
‘Crypto kryptonite’: A digital euro would be dual threat to banks and fintechs, a critical new report warns
The European Central Bank could decide as early as April whether to push ahead with its planning for a digital euro, a move closely watched by the banking and tech sectors. Read More
In a first for the crypto industry, Visa-backed Anchorage gets a federal bank charter
A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter from the Office of the Comptroller of the Currency. Wonky and technical as it sounds, the news is a significant milestone for the burgeoning crypto industry, since it provides a legal green light for big […]
Bitcoin tumbles 20% in worst crash since March
The week is off to a bearish start for cryptocurrency as the price of Bitcoin fell nearly $10,000 from its Friday high of nearly $42,000, temporarily ending an unprecedented rally. On Monday morning, Bitcoin was trading under $33,000—a more than 20% drop from its recent high—while some other cryptocurrencies fell even further. The fall in […]
Crypto giant Grayscale names Sonnenshein as CEO
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Grayscale Investments, which makes cryptocurrencies like Bitcoin available to investors in the form of shares, announced Thursday that longtime managing director Michael Sonnenshein has assumed the post of chief executive. The move comes amidst a […]
A brief history of Bitcoin bubbles
It’s been a breakout year for Bitcoin. In 2020 a wave of interest from mainstream investors and institutions helped push the price of the virtual currency from $7,200 in January to above $29,000 on December 31 (and then on past $32,700 by early January). But the innovative digital asset, maintained by a decentralized swarm of […]
NFL player ‘paid in Bitcoin’ as price nears $30,000
Carolina Panthers offensive tackle Russell Okung boasted on Tuesday that he is now receiving half of his $13 million NFL salary in Bitcoin. The arrangement involves Okung using a startup that converts payroll direct deposits into cryptocurrency and comes as Bitcoin shatters new price records. Okung used Twitter to declare he was being “paid in […]
With $30,000 Bitcoin in sight, analysts wonder how high it could go
Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend. The largest cryptocurrency reached an all-time high of $28,365 on Sunday before paring some of the advance, according to a composite of prices compiled by Bloomberg. The run of outsized returns […]
Crypto Company BitGo touts record Resources as PayPal Price Drops through
Back in October, rumors swirled the PayPal has been not able to get BitGo, among the nation ’s earliest cryptocurrency companies. That deal won’t occur, based on numerous sources, also BitGo is currently charting a new route. While BitGo has existed since 2013, it’s a lower profile compared to companies including Coinbase and Kraken, which […]
Ripple says it’ll Likely Be Enticed by the SEC, in what the Firm Requires for a parting shot in the crypto Sector
The litigation will even title Ripple’so called CEO Brad Garlinghouse and also cofounder Chris Larsen as defendants, based on Garlinghouse, who informed Fortune the bureau will document the situation in the not too distant future. In the event the bureau does sue Ripple, the actions will accompany years of disagreement between the organization and the […]