The funds gave him the ability to quit his job, which paid $68,000 annually, to stay at home taking care of his son and participate in online discussions about projects related to the memecoin. A Shiba Inu token holder who invested thousands of dollars in the memecoin in February has partially cashed out to become…
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BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset pinned below $61,000. Data from Cointelegraph Markets Pro…
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Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher. Price action in the crypto market has not been for the faint of heart over the past 48 hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs. While the top two…
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In total, the market surveillance company has raised $35M in the last six months. Market surveillance firm Solidus Labs completed a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the financing. This follows the company’s $20 million Series A that concluded in May. Solidus’ investors…
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Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions. The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem…
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Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a Month Without Declaring Income Kazakhstan…
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The topics of digital assets, nonfungible tokens, and the metaverse were on full display — even in panels unrelated to the crypto industry. Cointelegraph team members and leadership joined major media companies and tech figures this week at the three-day Web Summit 2021 in Lisbon. The issues surrounding social media giant Facebook were the focus…
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Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond…
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The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain. Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will soon take over control of Terra’s Ozone Protocol, according to a press release published on Thursday. Ozone is a decentralized insurance mechanism that provides coverage in…
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BTC, ETH and altcoins saw a slight pullback a day after the Federal Reserve signaled that its monetary policy is subject to cool off soon. The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from United States Federal Reserve Chairman Jerome Powell confirmed that the central bank…
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