Category: Crypto News

How to buy food with Bitcoin?

How to buy food with Bitcoin?

Bitcoin (BTC) is a dynamic monetary asset with the potential of being both — a commodity and a currency. For instance, the Securities and Exchange Commission (SEC) classified BTC as a commodity, whereas El Salvador made Bitcoin a legal tender in 2021.  So, does this make BTC a store of value or a medium of […]

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owes $900 million to Gemini’s clients, according to a Financial Times report disclosed on Dec. 3 citing people familiar with the matter.  The issue derives from the FTX dramatic collapse in November. Crypto exchange Gemini operates a product called Gemini Earn in partnership […]

The future of smart contract adoption for enterprises

The future of smart contract adoption for enterprises

Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements.  While it’s notable that enterprises have previously shown interest in DeFi use cases, smart […]

Avalanche to power Alibaba Cloud’s infrastructure services in Asia

Avalanche to power Alibaba Cloud’s infrastructure services in Asia

Alibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration with Avalanche blockchain to power the company’s Node-as-a-Service initiatives.  Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia. The integration will allow Avalanche developers to […]

How to keep your cryptocurrency safe after the FTX collapse

How to keep your cryptocurrency safe after the FTX collapse

The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach was driven primarily by the lack of trust crypto investors have in the entrepreneurs after being duped by FTX CEO and co-founder Sam Bankman-Fried […]

FTX US ex-president reportedly seeks $6M funding to launch crypto startup

FTX US ex-president reportedly seeks $6M funding to launch crypto startup

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup. The ex-president of FTX US, Brett Harrison, is on the lookout for $6 million in funding to launch a start-up that would build crypto trading […]

NFT Steez and Victor Solomon chat about building in Web3 and the Metaverse

NFT Steez and Victor Solomon chat about building in Web3 and the Metaverse

On Dec. 2, NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey into bridging his in-real-life artwork into NFTs and how he cultivates the community and culture that surrounds it.  Solomon’s work centers around basketball, not just the object, but the sport itself. For Solomon, the inspiration for […]

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