Blockchain Financial News

As South Korea’s presidential elections draw to a close in March, crypto affairs are turning into a political battleground with both candidates set to showcase a number of crypto-related policies.

OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had acquired cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.

Block, formerly known as Square, owned Cash App will now allow U.S. users to send bitcoin for free globally following its integration with the Lightning Network.

The Central Bank of Iran (CBI) is reportedly planning to launch a central bank digital currency (CBDC) pilot soon.

Cryptocurrency and video games quickly collide into an entirely new world of “play-to-earn” games as a part of a larger Web3 movement. The result is that a whole new generation of gaming experiences are being developed, one in which players are being incentivized to continue spending time in the gaming ecosystem. The result is that this trend has already overtaken traditional business models in the gaming industry. With the DeFi gaming market showing no signs of slowing down, many are looking for opportunities to join in, effectively taking part in this new movement. The decision then becomes which game holds the most potential.

The percentage of the global Bitcoin mining industry running on renewable power increased by 1% to 58.5% in the fourth quarter of 2021 according to new data.

In March 2021, a 1961 oil painting by VS Gaitonde sold for over $5 million — making it the most expensive Indian art ever sold. In the same month, auction house Christie's sold a digital work of art for the first time for $69 million. It not only set a record but also made a blockchain application called NFT instantly popular. NFTs, or non-fungible tokens, are unique digital items stored on a blockchain, the same network that runs cryptocurrencies. Anything digital — images, videos, music, even the online version of this article — can be converted into an NFT and monetised. NFTs are not the digital art but instead certificates of authenticity, and most use the blockchain of ethereum, the second-biggest cryptocurrency. Just like crypto, trading of NFTs too has no legal backing yet. The lack of regulation also means that it is prone to price manipulation. Increased use of the internet and a surge in interest in crypto has driven NFTs' popularity. «Many consumers who had put money in crypto were introduced to NFTs as a new medium of investment. NFTs also gained popularity when celebrities like Twitter co-founder Jack Dorsey, Paris Hilton, and Snoop Dogg sold NFTs,» said Sumit Ghosh, CEO & co-founder of Chingari, the NFT marketplace that was launched by Salman Khan in October 2021. Presented ByDid you Know?Producer, direc

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Ophelia Brown’s Blossom Capital has raised $432 million to back early-stage tech startups in Europe.

With 2022 already underway and the crypto market still sliding lower, it's an excellent time to take a look at what expectations industry insiders have for the crypto landscape in the year before us.

token is not a new fad. However, there is a crypto token that is struggling to get its glory back but is still far behind its all-time peak. This token is so behind its previous peak that despite a 2.9 billion per cent rally, it is still 96 per cent below its previous peak and zoomed about 25 times to scale the previous highs.Ekta delivered a mammoth return of 2,893,266,376 per cent in the last seven days to $0.4039 from $0.00000001396, as per Coinmarketcap.com data.

2021 was the year that decentralized finance (DeFi) truly took the cryptocurrency industry by storm, as several new protocols and trading platforms emerged on Ethereum-like Layer 1s. Another trend that could be seen emerging within the smart contract platforms upon which these applications are built was the integration with the decentralized oracle network, Chainlink.

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The global supply chain has become an area of intense focus over the past couple of years and pressures from the pandemic and backlogged ports have led to a massive range of shortages for everyday items. 

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The growing popularity of cryptocurrency asset investments over the past few years, especially from the retail sector, could be considered a byproduct of incessant crypto advertising by emerging companies. Many have seen this as an investor protection crisis, and governments around the world are pushing back on the same.

North Korean hacks on the cryptocurrency platforms jumped from four to seven extracting nearly $400 million worth of digital assets over the last year, blockchain analysis firm Chainalysis said in a new report.

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Cardano is fueling considerable buzz in the cryptocurrency space once again. Courtesy of not just its native token ADA, which rallied by 36.8% over the past week, but also the developments surrounding its evolving ecosystem.

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