Author Archives: Bitcoinist

Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam

India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on September 29, several apps offered users to buy the HPZ tokens to have higher returns. And the investigations revealed that the “Chinese-controlled entities” were behind the scam. Cryptocurrency[Read more…]

Italian Soccer Champions AC Milan Unveil NFT Partnership With MonkeyLeague

Italian soccer club AC Milan has announced a non-fungible token (NFT) partnership with the web3 game MonkeyLeague. MonkeyLeague Has Become AC Milan’s New NFT Gaming Partner As revealed in a post on the club’s website, AC Milan and MonekyLeague plan to create a variety of non-fungible tokens together as part of the agreement. AC Milan is an Italian[Read more…]

Solana-Based Okay Bears NFTs Sign Licensing Agreement With IMG

Okay Bears have quickly become the signature Solana NFT project. That’s back on display this week, as a new licensing deal has come to life with Okay Bears and entertainment behemoth IMG. IMG’s Stature, And Okay Bears Potential  IMG is one of the biggest names in IP, a global monster that deals in global product and branding[Read more…]

Bearish Crypto Market Sentiment Sends Investors Back To Stablecoins

The crypto market is seeing another week in the red with Bitcoin, Ethereum, and larger cryptocurrencies trading to the downside over the past 7 days. The general sentiment in the market turns bearish as the nascent asset class completed a major milestone with “The Merge”. At the time of writing, Bitcoin and Ethereum record a[Read more…]

Cardano (ADA) Named Top Crypto Project Considering ‘Technology Development’

Every top crypto project may have spent millions on developments and upgrades to scale up their business or to achieve efficiency. But, Cardano (ADA) appears as a leading project by ‘Technology Development.’  As per the data viewed by Contora, a blockchain information gathering company tracking the development and growth of crypto projects, Cardano blockchain has[Read more…]

Bitcoin Price Breaks Past $21,000 Barrier As U.S. Dollar Weakens

Bitcoin price was down below the $19,000 level on Thursday morning, at one point reaching its lowest point since June, due to a decline in global stock markets and the continued resilience of the U.S. dollar. However, it was a different scenario on Friday afternoon, Eastern Time as Bitcoin broke past the $20,000 barrier and improved by[Read more…]

How Brave Will Support Over 2 Million Decentralized Websites With This Partnership

Popular privacy-focused browser Brave announced an integration with Unstoppable Domain to take decentralized websites to the mainstream. The integration will allow users to “take control” over a domain hosted in the blockchain forever. Decentralized Websites, The Next Big Thing For Web3? In addition, Brave will allow people to easily explore decentralized websites. There are over 30,000 websites[Read more…]

Solana To Launch Crypto Smartphone, Says “Time To Go Mobile”

Solana Labs Co-Founder Anatoly Yakovenko announced a suite of products aimed at harvesting crypto’s potential to integrate with smartphones. According to an official post, the digital assets industry and this network have grown and support millions of users, but apparently, they rely on desktop applications. Related Reading | Bitcoin Trading Volume Nears One-Year Highs As Volatile[Read more…]

Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump

Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing. This new milestone has placed Solana in third place, following Ethereum and Ronin, two of its biggest rivals. Suggested Reading | STEPN App Gets[Read more…]