Cryptocurrency wallet and decentralized application (DApp) provider MetaMask has announced the launch of a new feature that will allow users to purchase crypto with fiat currency directly from its Portfolio Dapp. The move is intended to provide users with an easier way to purchase crypto with fiat currency. The new “Buy Crypto” feature enables MetaMask […]
Bitcoin price rallies to $29.4K as traders gear up for this week’s CPI print
Bitcoin rose to its highest level in ten months on April 10 as traders await this week’s April 12 Consumer Price Index report to gain deeper insight into the Federal Reserve’s fight against sticky inflation. If the report shows inflation dropping, it could be the next possible catalyst that furthers BTC’s upward move. On April 10, […]
The man who bought $22 Million worth of Dogecoin minutes before Elon changed the Twitter Logo to DOGE has recently purchased RenQ Finance (RENQ)
In early 2021, a mystery buyer made headlines for purchasing $22 million worth of Dogecoin just minutes before Elon Musk changed his Twitter profile picture to the iconic Shiba Inu dog. This resulted in a massive surge in Dogecoin’s value, making the buyer an overnight millionaire. Now, this same buyer has made another significant investment […]
Etherscan Reconfigures Blockchain Explorer Settings to Filter Out Potential Scams
Zero-token value transfers will no longer be visible by default as a way of preventing “address poisoning” hacks. Etherscan has reconfigured its default blockchain viewing settings in a move to protect users against a common type of phishing scam, the company tweeted on Monday. The blockchain explorer will now hide zero-value token transfer displays on its website […]
AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation
CryptoGPT recently rolled out AI assistant “Alex” and is developing its ZK rollup layer 2 blockchain and a data-to-AI engine, which collects, encrypts and transfers data for commercial applications. Zero-knowledge (ZK) layer 2 blockchain CryptoGPT has cashed in on the recent surge in interest around artificial intelligence (AI) to raise $10 million in funding. The […]
Blockchain-based logistics looks increasingly Chinese after exit of Maersk, but Hong Kong’s GSBN has global ambitions
When the November collapse of FTX, once the second-largest cryptocurrency exchange in the world, led to a plunge in virtual asset prices and shook the industry through a series of cascading business failures, some Web3 evangelists promised this was just growing pains for a blockchain-based future internet that extends far beyond digital currencies. Then another bombshell came a couple […]
FTX financial controls were a ‘hodgepodge’ of apps, says court filings
FTX was run by three inexperienced people “not long out of college,” who relied on “a hodgepodge” of online shared documents and communications across a series of different apps to manage the multi-billion dollar empire according to FTX CEO John Ray III. In an April 9 court filing in a Delaware Bankruptcy Court, John J […]
Texas lawmakers propose a gold-backed state digital currency
Two Texas lawmakers have introduced identical bills for creating a state-based digital currency backed by gold, a move that comes despite objections from several United States lawmakers against introducing a central bank digital currency (CBDC). Senator Bryan Hughes introduced Senate Bill 2334 on March 10, with Representative Mark Dorazio introducing House Bill 4903 on the same day, stating that […]
Coinbase CEO says Bitcoin Lightning is ‘something we’ll integrate’
Bitcoin layer 2 scaling solution Lightning may feature on the cryptocurrency exchange Coinbase in some capacity, according to its chief Brian Armstrong. In a tweet on April 8, Armstrong said that “Lightning is great and something we’ll integrate” in response to a tweet criticizing him for “actively ignoring” the network. Armstrong provided no further details on […]
How can we turn the UK into a fintech superpower by 2030?
Ripsy Bandourian, Head of Europe at Plaid, explains what needs to happen for the UK to become a fintech superpower by the end of the decade In the past month, the government has announced a new £360m plan to increase investment in innovation, attract talent to the UK and position the country as a science and technology […]
