A June 24, 2021 tweet from Bloomberg Crypto revealed that the Gemini exchange had bought some environmental credits to offset the carbon footprint of bitcoin held in its reserves. The New York-based exchange, which was founded by the Winklevoss twins, donated about $4 million to Climate Vault, a nonprofit that...

New York Digital Investment Group (NYDIG) has inked partnerships with three internet banking and financial services outfits to provide access to Bitcoin for bank account holders in the United States. Commercial banks in the country continue to embrace crypto despite previously holding negative sentiments about virtual currencies. NYDIG to Offer...

Coinbase cryptocurrency exchange and bitcoin (BTC) trading venue has announced the launch of its smart contracts vulnerability checking software called Solidify. The firm says Solidify is designed to automate, streamline, standardize and scale its smart contract security checks for Ethereum and other blockchain-based cryptoassets, according to a blog post on...

Brave announced on 22nd June that it had launched the crypto-powered Brave Search beta built into its browser, offering users with the first independent privacy search/browser alternative to big tech. A User-based Platform The first pro- privacy- search engine, Brave, has been in preview and testing mode for a couple...

They say the futures of the collectibles market are Non Fungible Tokens (NFTs). Over the past year, the NFT space has seen a lot of development and a steady rise in demand. The growing popularity of this brand new product class is compelling cryptocurrency exchanges to cash in on this....

Alchemy has inked a partnership deal with Ethereum layer-2 scaling solution developer Optimism. With the deal, devs on the Alchemy platform will be able to integrate Optimistic Rollups into their applications, offering users highly scalable, & cost-efficient solutions, according to a blog post on June 22, 2021. Alchemy Integrates Optimistic...

The Bank for International Settlements (BIS) has doubled down on its support for central bank digital currencies (CBDCs). Several countries around the work are examining the case for introducing wholesale or retail digital currencies to complement their fiat currencies. Central Bank Digital Currencies Better Than Crypto According to a report...

The United Kingdom Financial Conduct Authority (FCA) has issued a warning against over 100 cryptocurrency firms who are operating without license in the U.K. FCA Says FOMO Causing Increased Investment in Crypto According to Reuters on Tuesday (June 22, 2021), the FCA’s head of enforcement and market oversight, Mark Steward,...

Total crypto market cap erased $14 billion from its value for the period since Monday and now stands at $1.34 trillion. The top ten coins showed mixed results for the last 24 hours with ether Dogecoin (DOGE) adding 8.3 percent to its value while ether (ETH) lost 3.2 percent. At...

Total crypto market cap erased $64 billion from its value for the period since Monday and now stands at $1.62 trillion. The top ten coins are all in red for the last 24 hours with ether (ETH) losing 2.3 percent, currently trading at $2,430. At the time of writing bitcoin...

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the...

Anthony Sassano has revealed via Twitter on June 13, 2021, that about 23 percent of the entire Ether supply is now locked in smart contracts just like in June 2016 when the first Ethereum-based decentralized autonomous organization (DAO) went live. The latest figures are quite indicative of Ethereum’s success as...