A month after allowing customers to earn Bitcoin through a cash-back program, Canadian fintech company Mogo has used part of its cash reserves to buy Ethereum. According to a report by Business Wire, the Nasdaq-listed firm announced on Monday that it purchased approximately 146 Ether (ETH) at an average price
eBay, one of the largest e-commerce stores in the world, is looking to add crypto payments and NFT sales to its platform. The firm’s CEO Jamie Iannone disclosed in a CNBC interview that his company was considering several payment options, including cryptocurrencies. He went further to reveal that his
Mastercard has added six blockchain payments startups to its accelerator program. It appears Mastercard is doing all it can to maintain market dominance in the financial payment scenes. Recall that in February, the firm revealed that its merchants would be able to accept crypto payments later this year. Its latest
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With the NFT sector exploding in 2021, a lot of projects offering these unique tokens have emerged in recent months. One of the most notable ones that emerged quite recently is HeadHunter — an NFT project that offers Heads, which are digital art collectibles created by an accomplished artist, RektmeRev. The
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NFTs have been the most hyped commodities in crypto of late, but the most innovative projects are just beginning to emerge. After the endless ‘exclusive NFT drops’ and bubble-tempting auctions, there is now a sense that an era of deep exploration and jaw-dropping innovation is underway. One project taking NFTs
Hardly does any week go by without a Bitcoin critic lashing out on the leading cryptocurrency. Last week it was Nassim Taleb, the author of “Black Swan,” who claimed that Bitcoin was not a hedge against anything. This time around Charlie Munger, the vice-chair of Warren Buffett’s Berkshire Hathaway
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With exploding popularity among investors and developers alike, Fantom’s native token $FTM’s price is quickly approaching its record high. $FTM is expected to soon exceed the price of $1 following weeks of tremendous company growth thanks to recent upgrades and the addition of several notable projects. Meanwhile, Fantom’
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Radix’s Radix engine, built on top of Cerberus consensus, is designed to attack the blockchain trilemma, empowering users with interoperable dApps that function frictionlessly at any scale. The project recently launched its Olympia Betanet composed of a single shard ledger verified by 100 validator nodes. The Betanet is a
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The Middle East is a crucial sector for finance and fintech. The same applies to cryptocurrencies, although there is room for new competitors to emerge. Burency aims to make cryptocurrencies more appealing and accessible by focusing on many different aspects. Cryptocurrencies In The Middle East Over the past few years,
Ethereum has continued to print new highs. The world’s second-largest cryptocurrency by market cap is now a few dollars away from hitting $3,000. As of press time, Ethereum was exchanging hands at $2,969 after hitting a 24-hour high of $2,976. This year alone, the price of
Bitcoin * Over the past week, the largest RV dealer in the United States Camping World joined the list of companies that now accept Bitcoin and Ethereum payments. Meanwhile, Sean Culkin Kansas City Chief football player opted to receive his entire annual salary in Bitcoin. * Tesla revealed that it sold 10%
In light of Ethereum’s decision to transition from Proof-of-Work (PoW) consensus to Proof-of-Stake (PoS), some miners are not willing to go down without a fight. A group known as the Ethereum Genesys Foundation (EGF) has successfully hard forked the current chain to retain PoW mining. The move from the
According to Whitestream, the now-defunct Thodex crypto exchange allegedly sent over 5,000 Bitcoin to Kraken between August 2020 and February 2021. About $280 million worth of Bitcoin (at current market prices) left the wallets of the Turkish crypto exchange Thodex and landed in US exchange Kraken. Whitestream, an Israel-based
Turkish authorities have caught up with the siblings of the missing Thodex crypto exchange CEO. Recall that Faruk Fatih Ozer, the CEO of a Turkish exchange, fled with up to $2 billion belonging to customers last week. Turkish authorities have launched an investigation and are making headway. Yesterday, authorities apprehended
According to on-chain data, the appetite of crypto whales for Bitcoin and Ethereum intensified in April despite the market volatility. April was marked with several sharp price swings. Both leading cryptocurrencies set new all-time highs but also corrected sharply on different occasions. But this was not enough to stop whales
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It appears the United States Securities and Exchange Commission (SEC) is not ready to approve any Bitcoin ETF just yet. The financial watchdog has delayed its decision on the VanEck Bitcoin ETF. According to a filing on Wednesday, the SEC is pushing the timeline for its decision to June 17,