Tag: millionaire
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Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up
Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price. At one point over the past week, it cost over $100 to trade on Uniswap, which caused even larger players—some that you could call “whales”—to lament about the extremely high transaction fees. This has caused…
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America’s oldest bank, BNY Mellon, will custody Bitcoin
The chief executive of the bank’s asset-servicing business says digital assets are becoming “part of the mainstream.”
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Tesla’s $1.5B Bitcoin buy throws the cat amongst institutional pigeons
Elon Musk is either the hero or the villian of the year after Tesla’s Bitcoin purchase polarized opinion among institutional investors.
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AC Milan fans to use blockchain tokens to vote on soccer club motto
European football giant AC Milan debuts its ACM fan token with a vote on the club motto for the rest of the playing season.
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ECB President Christine Lagarde Says ‘It’s out of the Question’ That Central Banks Would Hold Bitcoin
The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency. Lagarde remains skeptical about bitcoin, having recently said it “has conducted some funny business.” ECB Chief Christine Lagarde Denies Central Banks Will Hold…
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ECB’s Lagarde says central banks holding Bitcoin is ‘out of the question’
The ECB President gives the impression that central banks will avoided copying institutions in hoarding cryptocurrency.
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Finance Redefined: Is this the escape from Ethereum? Feb. 3–10
Everyone’s trying to jump ship from Ethereum’s layer one, apparently.
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Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report
Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards.
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Crypto investors should consider buying gold, Newcrest Mining CEO says
Gold should help crypto investors hedge against the risks of highly unstable prices of cryptos like Bitcoin, the CEO of Newcrest Mining said.
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Major Malaysian Bank Kenanga Acquires 19% Stake in a Crypto Exchange
One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by investing in Tokenize Xchange. Tokenize Xchange Is One of the Three Malaysian Licensed Crypto Exchanges Per the official announcement, the bank made…