Cryptocurrency exchange Gemini, which is helmed by Tyler and Cameron Winklevoss, has announced the listing of Solana (SOL), the native token of the eponymous smart contract blockchain platform. For now, users are only able to store the SOL token with the help of the exchange’s wallet. Gemini will soon start rolling out trading for multiple fiat payers. It will be possible to …
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Cryptos Retain Gains as Ukraine Security Crisis Continues to Deteriorate
Major cryptos retained their Monday gains while the security crisis in Ukraine resulting from Russia’s invasion continues to deteriorate. Bitcoin was hovering over $43,000 early on Tuesday, compared to $38,000 24 hours earlier. Ether was selling over the $2,900 mark, compared to $2,600 yesterday. Bitcoin has been outperforming gold in this crisis. Peace talks between the two sides held in …
Read More »Celsius’s Alex Mashinsky on “Feeding the Plankton”
Alex Mashinsky, the serial US entrepreneur well known for installing broadband on the US subway, once famously declared Bitcoin the slowest database on the planet. It wasn’t until he understood it solved the issue of the digital double spend, that he got interested and when Mashinsky gets interested, he moves fast. The result is a Celsius Network, a crypto platform …
Read More »One THETA Trader Lost $11M to Liquidations as Prices Jumped 18%
A lone trader lost more than $11 million on a single futures trade involving Theta Networks’ THETA tokens as the price jumped 18% in 24 hours. The trade, among the largest for mid-cap cryptos in recent months, occurred on crypto exchange Binance and formed the largest part of the $11.67 million in liquidations on THETA futures. Usually, the largest liquidations …
Read More »Israel Seized 30 Crypto Wallets with Ties to Hamas
Israel continues its fight against financing terrorism through cryptocurrencies. Israeli Defense Minister Benny Gantz ordered the seizure of 30 crypto wallets and 12 accounts, all linked to financing terrorism. The crypto wallets were linked to Al Mutahadun exchange company that is owned by the Shamlach family of Gaza. Al Mutahadun crypto exchange was labeled as a terrorist organization in 2021 for its active role …
Read More »Intel’s Second Gen Miner’s Efficiency Second Only to That of Bitmain’s S19 XP: Griid
Intel second-generation miner, dubbed the Bonanza Miner 2, is the second most efficient on the market, according to an investor presentation filed in November by Griid Infrastructure, one of three firms known to have secured supply agreements with the chip giant. The new miner will reach 135 terahash/second (TH/s), a measure of computing power, at an electricity efficiency of 26 …
Read More »South Korea’s crypto market tops $45B, study finds
TL; DR Breakdown South Korea crypto market have surpassed $45 billion in value. The average daily transaction volume from 24 local exchanges sum to 11.4 trillion won. Government take part in the promotion of the South Korean crypto market. South Korea’s cryptocurrency market continues to grow at an astonishing pace, with the total value of all digital assets in the …
Read More »Cambridge University launches crypto research project with IMF and BIS
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday. Dubbed the Cambridge …
Read More »Bitcoin ATM installations slow down in early 2022, making a first in history
Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a stronger-than-ever network hash rate. However, for the first time in history, global Bitcoin ATM installations in the first two months have slowed down when compared to the preceding year. Bitcoin ATM installations in the first two months …
Read More »Bitcoin Accumulation Rises at High Pace: Glassnode Data
Data provided by Glassnode analytics aggregator shows that since late February this year, accumulation of the flagship cryptocurrency has been going parabolic. The chart was shared by head of investment fund Lex Moskovski on his Twitter page. Bitcoin rises to $44,250, adding almost 9% After the leading digital currency went up 7.30% on Monday, printing two big green hourly candles and …
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