Bitcoin Magazine News

Ethereum Rock JPEG Sells for $600k as NFT Frenzy Continues

$608,000 for a picture of a rock might sound too wild to be real. But today, one crude illustration from NFT project EtherRocks sold for just that. [...]

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22 August 2021 12:02

More Than 70,000 ETH Has Now Been Burned By EIP-1559

The Ethereum network has been on fire since the transaction fee-burning update, EIP-1559, came into effect on August 5. The total amount of coins burned—removed from the [...]

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21 August 2021 15:45

Solana DeFi Protocol Luna Yield Goes Dark With $6.7 Million in Crypto

Investors in the recently-launched DeFi yield aggregator, Luna Yield, fear that the developers of the cross-chain project ran off with about $6.7 million in customer funds on [...]

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21 August 2021 15:00

The NFT Avatar Trend Is About Community

Have you heard? NFTs are hot again. The media (both crypto media and mainstream media) declared NFTs dead in June, citing data that showed sales volume had [...]

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21 August 2021 12:56

$400bn Wealth Manager Neuberger Berman Green-Lights Bitcoin Investments

New York asset management company Neuberger Berman, which controls over $402 billion in private wealth, has earmarked up to 5% of its $164 million Commodity Strategy Fund [...]

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21 August 2021 12:36

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The [...]

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21 August 2021 11:11

Vine’s Co-Founder Is Making Playable Video Games as Ethereum NFTs

We’ve seen interactive in-game items sold as NFTs, such as the cartoonish monsters from the surging Axie Infinity and LAND plots in the upcoming The Sandbox. But [...]

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20 August 2021 22:33

AdvisorShares Latest Firm to File for Bitcoin Futures ETF

Enough investment firms have filed applications with the Securities and Exchange Commission for cryptocurrency ETFs that the public—and maybe even the agency—has likely lost count. No matter. [...]

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20 August 2021 22:18

One-Per-Day Nouns NFTs Grant Access to an Exclusive Club for Ethereum Whales

Leading Ethereum NFT profile picture projects like CryptoPunks and Bored Ape Yacht Club span thousands of randomly-generated images—and their rampant success, especially in recent weeks, has generated [...]

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20 August 2021 21:43

VanEck and ProShares Pull Ethereum ETF Proposals

After filing proposals for Ethereum futures ETFs with the U.S. Securities and Exchange Commission (SEC) on Wednesday, both VanEck and ProShares have asked for them to be [...]

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20 August 2021 19:46

BitConnect Promoters Pay $12M in Cash, Bitcoin to Settle $2B Alleged Scam

BitConnect is one of the most famous alleged scams in the history of cryptocurrency, and while the project shut down in 2018 after raising some $2 billion [...]

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20 August 2021 18:48

Big-Money Sports Deals May Be Working for FTX. Will They Work for BlockFi?

BlockFi announced this week that it scored a prominent new partner in NBA player Cade Cunningham, recently picked first overall in the 2021 NBA Draft by the [...]

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20 August 2021 18:09

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