Author - Kiana Griffin

Bitcoin mining difficulty hits new high

Bitcoin mining difficulty hits new high

Bitcoin mining difficulty hit another all-time high on Wednesday, up 5.56% from the last adjustment two weeks ago. The mining difficulty level is now at 29.79 trillion at a block height of 733,824 after falling 1.26% on April 14 from the previous all-time high of 28.59 trillion on March 31, according to data from BTC.com. Bitcoin mining...

BlackRock Launches Blockchain Industry ETF, Names Cryptocurrency as One of Three Big Opportunities

BlackRock Launches Blockchain Industry ETF, Names Cryptocurrency as One of Three Big Opportunities

The world's largest asset manager has launched a blockchain ETF, giving clients greater access to cryptocurrencies and blockchain-related companies. BlackRock has officially launched a blockchain-focused exchange-traded fund (ETF) that provides investors with access to the crypto and blockchain industry without the need to directly own digital assets. The world's largest asset manager, which currently manages around $10...

What to expect on the crypto market in May 2022? Expert forecast

What to expect on the crypto market in May 2022? Expert forecast

At the moment, the price of BTC, which is essentially an indicator of the entire digital market, is not far from the March lows. The dynamics is similar to the index reflecting the dynamics of US technology companies Nasdaq, whose quotes also returned to local lows by the end of the month. Both instruments have...

Bitcoin Plus Gold 21Shares Launches Hybrid ETP to Hedge Inflation

Bitcoin Plus Gold: 21Shares Launches Hybrid ETP to Hedge Inflation

Mix, but do not shake! The new BOLD ETP from 21Shares, launched in collaboration with ByteTree, contains 18.5% BTC and 81.5% gold at launch, but this proportion will change monthly. The Swiss company on Wednesday announced the launch of the 21Shares ByteTree BOLD ETP (BOLD), a new product that aims to provide inflation hedge by tracking...

Neobank Cogni Raises $23M to Dive into Web3

Neobank Cogni Raises $23M to Dive into Web3

US neobank Cogni has raised $23 million in a Series A funding round jointly led by Hanwha Asset Management and CaplinFO. The startup, launched in 2018 by Archie Ravishankar , says its goal is to create personalized financial services based on the typical lifestyles of Generation Z and millennials. The rating assigned to the company is not disclosed. He...

CXIP Labs closes $6.5M funding round

CXIP Labs closes $6.5M funding round

CXIP Labs, a protocol for minting or producing NFT tokens, said it raised $6.5 million early on to launch Holograph, a suite of products aimed at NFT creators and businesses. The round was led by Courtside Ventures and Wave Financial, with Vaynerfund Gary Vaynerchuk and celebrities Diplo, Gmoney, Pussy Riot's and NFT artist Justin Aversano leading...

55,000 NFT Meta Cricket League tickets sold out in nine minutes

55,000 NFT Meta Cricket League tickets sold out in nine minutes

Jump.trade, GuardianLink's gaming non-fungible token (NFT) marketplace, sold 55,000 Meta Cricket League (MCL) collectibles within nine minutes of launch on Friday, Economic Times reported. The $25 Super Loot NFT marked GuardianLink's foray into the AI-powered metaverse gaming industry. The ERC-721 NFTs contained a unique intelligent learning system based on the game's artificial intelligence and were created at...

Crypto Capital defendant pleads guilty to fraud

Crypto Capital defendant pleads guilty to fraud

Arizona resident Reginald Fowler pleaded guilty to providing shadow banking services through the Panamanian processing of Crypto Capital. The Block writes about it. At the end of 2019, the man was going to partially confess to a number of charges. He later abandoned the plans due to a condition under which the authorities could recover $371 million from him. During...

ECB calls for global regulation of cryptocurrencies

ECB calls for global regulation of cryptocurrencies

Cryptocurrencies are a global phenomenon, so a coordinated effort is needed to regulate them. This was stated by a member of the ECB Board Fabio Panetta. Speaking at Columbia University, he noted that the potential collapse of the crypto industry poses a serious risk to financial stability. According to Panetta, the capitalization of digital currencies is about...