John Williams

Bitcoin Fear and Greed Index slides into “Extreme Greed,” first time since May

Amid Bitcoin’s latest rally to over $46,000, the general market sentiment of the crypto industry has moved into the “extreme greed” region. Since the general market crash in mid-May, which saw Bitcoin plunge to $30,000, Bitcoin has gained over $16,000. As of press time, the flagship

GoSats debuts Bitcoin cashback rewards card in India

Bitcoin (BTC) rewards company GoSats has launched a new cashback rewards card for its Indian customers. The new product, which was launched in partnership with the National Payments Corporation of India (NPCI), could potentially set the stage for mainstream adoption of digital assets in the country. NPCI is a non-profit

London upgrade boosts Ethereum blockchain’s capacity by 9%

Following Ethereum’s recent London upgrade, the network’s capacity has increased by about 9%. And According to Etherscan’s historical average daily gas used chart, Etherum’s average usage in terms of daily gas used has spiked by around 9% since the upgrade went live on Aug 5th. The

Microsoft to employ Ethereum blockchain to fight piracy

Renowned software developer Microsoft is looking to employ blockchain technology to tackle privacy. In an R&D paper released in collaboration with researchers from Alibaba and Carnegie Mellon University, Microsoft studied a blockchain-based incentive system to bolster anti-piracy campaigns. The research work titled “Argus: A Fully Transparent Incentive System

Weekly Roundup: Bitcoin to reach $100k, Hacker involved in $600M Poly Network hack returns entire loot

Bitcoin * According to a senior analyst at Bloomberg, Bitcoin could reach $100k by the end of the year. * Amid growing concerns over Bitcoin’s energy usage, Brazilian regulators have okayed the launch of a new eco-friendly Bitcoin ETF. * New York-based private investment firm Neuberger Berman will be delving into the

News

Poly Network hacker returns $600 million loot, conducts AMA

The hacker involved in the $600 million Poly Network heist has finally returned all of his loot, bring a close to one of DeFi’s most prominent attacks. After carting away with over $600 million worth of digital assets on Tuesday, the attacker has disclosed his intention to return the

Argentine President sees no reason to oppose Bitcoin adoption

There appears to be a growing interest in Bitcoin and cryptocurrencies in South and Central America, with Argentina being the latest Latin American country to hint at adopting Bitcoin. While speaking to local media outlet Caja Negra, President Alberto Fernandez addressed matters concerning the government’s view on digitalization. Responding

Lionel Messi receives crypto as part of PSG welcome package

Lionel Messi’s move from Barcelona to Paris Saint-Germain has fueled a new wave of excitement in the crypto community as the football star received crypto fan tokens as part of his welcome package. Messi’s welcome package and bonus summed up to €25-30 million ($29-35 million), a large part

Valkyrie becomes latest firm to file for Bitcoin futures ETF

Valkyrie Digital Assets is the latest institution to submit an application with the Securities and Exchange Commission (SEC) for approval to launch a Bitcoin exchange-traded fund (ETF). The alternative financial services firm is seeking to offer an indirect exposure of Bitcoin to its customers through futures contracts. In a prospectus

Uniswap sets a new DeFi record by becoming the first protocol to generate $1 billion in fees

Leading decentralized exchange (DEX) Uniswap has hit a major milestone in fee generation, becoming the first DeFi protocol to cross the $1 billion benchmark. Lucas Outumuro, the head of research at crypto data aggregator IntoTheBlock, made the disclosure through a chart in a tweet showing the combined fee revenues of