Bitcoin Magazine News

Damien Hirst’s $20 Million Twist on NFTs 6X Oversubscribed

British artist Damien Hirst looks set to make $20 million with his latest art-drop, “The Currency,” which forces prospective buyers to choose between physical and digital art [...]

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22 July 2021 15:20

This ‘Ultra High Endurance’ Drive Is Specially Designed for Chia Farming

Recently-launched cryptocurrency Chia uses storage space, rather than processing power, to secure its network. The problem is most standard hard drives can’t handle the wear and tear. [...]

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22 July 2021 15:01

GlobalX Joins Growing List Of U.S. Bitcoin ETF Hopefuls

Global X Digital Assets, a fund manager with $31 billion in assets under management (AUM), is the latest hopeful to file an application for a Bitcoin ETF [...]

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22 July 2021 13:47

Dfinity Faces Class-Action Lawsuit Claiming ICP Token Is Unregistered Security

Dfinity has been hit with a class-action suit in California alleging that the company sold its native Internet Computer Project (ICP) tokens as an unregistered security.  The [...]

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22 July 2021 13:40

Crypto Wallet Password Manager Raises $27M from Alexis Ohanian, Balaji Srinivasan, More

Magic, a startup that provides a decentralized authentication platform for Web3 applications, announced today that it has raised a $27 million Series A funding round from a [...]

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22 July 2021 13:01

Is It Time to Take Solana Seriously? Latest ‘Ethereum Killer’ May Be the Real Deal

The crypto world is awash in “Ethereum killers”—projects that promise to disrupt the undisputed leader in blockchain applications. Such boasts can mostly be written off as a [...]

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22 July 2021 12:02

Cosmos ‘Internet of Blockchains’ Links Up With DeFi Oracle Band Protocol

Cross-chain data oracle Band Protocol has announced a new integration with Starport, a development tool for the Cosmos blockchain—allowing third-party developers to gain access to numerous new [...]

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22 July 2021 12:01

Goldman Sachs: 18% of World’s Super Rich See Crypto as Inflation Hedge

A new survey from Goldman Sachs has revealed that more family offices are turning to cryptocurrencies as a possible hedge against inflation, currency debasement, and unpredictable macroeconomic [...]

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22 July 2021 11:59

Alabama Regulators Suggest BlockFi’s Bitcoin Accounts Are ‘Unregistered Securities’

BlockFi is back in the news after financial regulators in the state of Alabama claimed that the crypto company’s Bitcoin savings accounts are securities.  Alabama is the [...]

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22 July 2021 10:46

Stellar Foundation Eyes MoneyGram Takeover

Stellar Development Foundation, a non-profit organization supporting the development and growth of the Stellar network, has tentatively contacted MoneyGram International about a potential takeover, Bloomberg reported on [...]

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22 July 2021 10:29

Singapore Offers Crypto a Safe Haven in Turbulent Times

It’s easy to see why crypto luminaries including Ethereum co-founder Vitalik Buterin, Binance founder Changpeng Zhao and Metakovan—owner of the world’s most expensive NFT—have made Singapore their [...]

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22 July 2021 09:53

Sam Bankman-Fried: Why I Bought Back Binance’s Shares in FTX

Binance, the world’s largest crypto exchange by volume, was an early investor in crypto exchange FTX, which 29-year-old Sam Bankman-Fried founded in 2019. This week, the investment [...]

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22 July 2021 09:21

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