News
Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to suspending withdrawals for users. Crypto staking and lending platform Celsius may be dealing with its rumored...
Central authorities have demonized privacy — Crypto projects must fight back
While a core tenet and source of pride among crypto projects, privacy has been demonized by those in power, including lawmakers, regulators, banks and academics. Zcash (ZEC), a privacy coin that launched in 2016, unveiled an upgrade to its system on May 31 that will...
NFT pics are the funhouse mirror high-end art deserves
Traditional art is an asset class the wealthy have mastered. NFT art’s long-term prospects may depend on whether they can offer them more. The funny thing about many of the absolutely insane things happening in the world today is that from a certain perspective, they...
Bloomberg Terminal supersizes its crypto coverage: 40 more coins
Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets...
75% of retailers eyeing crypto payments within 24 months: Deloitte
Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments. Three quarters of United States retailers plan to accept crypto or stablecoin...
Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games
The duo will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000 and three tiers of airdropped Clydesdale NFT skins that are usable in Zed Run. Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy...
Solana developers tackle bugs hoping to prevent further outages
Solana developers have tackled the “durable nonce transaction” bug that knocked the network offline for the fifth time this year earlier this month as network activity slows. Developers have fixed the runtime bug that caused the latest outage of the Solana network on...
Australian Mayor downplays crypto volatility, recommends it for rates payments
"The volatility is not that bad” - Australia’s Gold Coast Mayor suggests crypto could be used to pay local taxes in the future. Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes in future...
Beyond the hype: NFTs can lead the way in transforming business experiences
In the emerging decentralized Web3 economy, NFTs will enable creators to connect with and serve clients in brand new ways. Many businesses and big brands have already jumped on the nonfungible token (NFT) bandwagon, including Nike, the National Basketball Association,...
Smart contracts can redesign legal agreements, but businesses beware
Smart contracts provide plenty of benefits, but find out why those benefits can be just one side of a double-edged sword. When was the last time you got a late payment? Chased an invoice? Waited for your monthly paycheck only to realize it’s late yet again? You might...