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The value of bitcoin given to a baby girl by her father has increased 67 times in four years, from $915.8 to $62,000. Cointelegraph writes about the story.Joao Canada, founder of Brazilian cryptocurrency exchange Foxbit, bought 1 BTC for his daughter the day she was born. “I bought bitcoin for her, not just as a …
Jacobi Asset Management has received approval from the Guernsey Financial Services Commission to launch a bitcoin-based exchange traded fund (ETF).Fidelity Digital Assets has acted as custodian of the digital assets.Jacobi intends to list the ETF on the pan-European stock exchange Cboe Europe following approval of the listing by the UK Financial Conduct Authority. “This is …
Known for its investments in DCG, FTX and Kgakeup, Tribe Capital will launch a $75 million venture capital fund. Three-quarters of the funds will go to US startups, with the remaining 25% coming from other parts of the world. Venture Capital firm @TribeCapital1 is planning to launch a $75 million crypto fund, with 75 percent …
Daily trading volume on NFT platform NBA Top Shot rose from $829,520 to $4.5 million overnight following the release of the new collection on October 14, according to CryptoSlam. The increase was more than 460%.The Run it Back 05-06 collection celebrates the best moments of the 2005-06 season. The champion club then was the Miami …
An action group from businesses, organizations and labor groups in New York State has sent a letter to authorities asking them to deny permits to retrofit fossil fuel-fired power plants into cryptocurrency mining centres.The message to Governor Cathy Hocul expressed concern about the environmental impact of mining digital assets.Requests for facility upgrades came from power …
Participating countries at the US summit will build capacity to curb the use of cryptocurrencies in ransomware attacks. A joint statement from representatives of 31 states and the EU said. “Ransomware is primarily a profit-seeking activity, typically using money-laundering networks to move the proceeds of attacks,” the document stressed. It noted that international cooperation on …
The Central Bank of Japan will continue to explore the possibility of issuing a CBDC, but does not see it as a no-alternative option to address the digitalisation of payments. This was stated by managing director Shinishi Uchida.He confirmed that the regulator has no plans to issue a digital currency.There is a high probability that …
U.S. Senator from Wyoming Cynthia Lummis said that bitcoin and other “non-fiat currencies” will potentially help Americans and citizens of other countries to cope with the impending economic crisis. US President Joe Biden signed a decree last Thursday temporarily raising the national debt ceiling to avoid a potential default. The measure will allow to cover …
Public relations specialist Hari Sevugan has joined the Uniswap Labs team behind Uniswap’s largest decentralised platform. I’m excited to join the brilliant team at @Uniswap because they’re committed to making sure we build in a way that reaches crypto’s potential of giving more people ownership of their own financial futures and the value they create.https://twitter.com/HariSevugan/status/1448692191170375683 …
