Category: Crypto News

Bitfinex advises Ontario-based users to close accounts before March 1

Bitfinex advises Ontario-based users to close accounts before March 1

In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to those who do not have open positions in the exchange’s peer-to-peer financing market or open margin positions. Users who have balances or open positions […]

Stacks ecosystem becomes #1 Web3 project on Bitcoin

Stacks ecosystem becomes #1 Web3 project on Bitcoin

On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development tool for Stacks to build applications on Bitcoin) wallet downloads, and 2,500 Clarity smart contracts. According to a report by Electric Capital, a venture capital […]

Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch

Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch

Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise.  Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) January 14, 2022 After the announcement, DOGE price jumped nearly 13%, hitting a 30-day high of $0.2150. Its upside move came as a part of a […]

Going meta: Disney, Second Life and K-pop

Going meta: Disney, Second Life and K-pop

Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer.  Visit Disneyland… in the Metaverse? The entertainment company behind some of the most popular theme […]

CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed three fake SHIB contract addresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that […]

Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle

Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle

Cathie Wood’s Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s ARK Fintech Innovation exchange-traded fund (ETF). This purchase would represent a new position for the ETF, according to MarketWatch.  Ark Invest’s ETFs have a history of […]

3 reasons why Near Protocol (NEAR) just hit a new all-time high

3 reasons why Near Protocol (NEAR) just hit a new all-time high

The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the Ethereum (ETH) network.  One L1 protocol that has seen its token price climb to a new all-time high this […]

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