crypto adoption

Post Views: 277 The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage trading support, and book of lending…

Post Views: 295 Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in sales. One…

Post Views: 845 Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Blockchain analysis firm Chainalysis published a blog post last week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket Around the…

Post Views: 296 The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a…

Post Views: 343 The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive. Coinbase CEO Brian Armstrong talked about Apple’s…

Post Views: 285 Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous growth.” Two executives of Skybridge Capital — founder Anthony Scaramucci and director John Darsie — talked about the firm’s crypto outlook in…

Post Views: 294 Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. We quickly created a prototype of the digital ruble, now we…

Post Views: 245 Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. If the estimated DAA increase of 3.21%…

Post Views: 310 Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor,…

Post Views: 264 SeatlabNFT is a revolutionary event ticketing platform built on the climate-neutral NEAR Protocol blockchain, designed to create an immersive, more connected experience for everyone involved in live events. Minting tickets as NFTs and leveraging the transparent, irrefutable ledger provided by the blockchain will eliminate fraud and drastically reduce the impact of ticket…