usd/btc

31

Dec

MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto

The company’s holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020. Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229. According to a Thursday filing with the U.S. Securities[…]

metaverse

30

Dec

Ready Player Me raises $13M to expand metaverse platform

The three-dimensional avatar platform seeks to expand its digital presence throughout the metaverse heading into 2022. Metaverse gaming platform Ready Player Me has announced a $13-million Series A funding led by the respective co-founders of Wise and Teleport, Taavet+Sten, with further participation from the co-founder of GitHub, Tom Preston-Werner, alongside Samsung Next, Konvoy Ventures and Gmoney. The[…]

POLYgon

30

Dec

Polygon upgrade quietly fixes bug that put $24B of MATIC at risk

“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani. Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post from Polygon,[…]

ethereum

30

Dec

A fair comparison? Ethereum growth outpaces Bitcoin in 2021

Ethereum’s burgeoning use cases have driven a surge in Ether’s value in 2021, but what does the future hold for ETH? 2021 has proven to be a fortuitous year for the world’s second-biggest cryptocurrency Ether (ETH), which has seen a fourfold increase in value over the past 12 months. In doing so, Ether has outperformed the appreciation[…]

crypto

29

Dec

Arcane Research releases its crypto predictions for 2022

The research firm made numerous predictions about crypto in 2022 about the price, regulations, Bitcoin’s hashrate, and even the fate of XRP and ADA. Blockchain data research firm Arcane Research has taken a look at the year that was in its final report for 2021 and offered its predictions for crypto markets going into 2022. Arcane’s Dec.[…]

usdc

29

Dec

FTX exchange floats $1M prize for banks to accept stablecoins

Stablecoins like USDT are under scrutiny in the United States, with some lawmakers calling for greater regulatory oversight of the industry. Cryptocurrency derivatives exchange FTX is calling on banks to reach out and discuss the possibility of accepting stablecoins in exchange for a $1 million reward. In a Tuesday Twitter post, FTX said it was exploring forming relationships with[…]

usd/btc

28

Dec

Mexican billionaire says ‘buy Bitcoin’ in New Year message

Life advice from Mexico’s third-richest person: “Don’t be jealous, believe in yourself and buy Bitcoin.” Mexico’s third-richest person sent out a heart-warming New Year message to Bitcoin (BTC) enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying Bitcoin in a two-minute festive video. He gives three pieces of advice to his[…]