Day: October 22, 2021

Terra’s Do Kwon Was Served By SEC at Crypto Conference

Crypto Twitter was abuzz last month after a speaker at the Messari Mainnet cryptocurrency conference in New York was served with a subpoena by someone representing the U.S. Securities and Exchange Commission—witnessed by Indiegogo founder and Mainnet attendee Slava Rubin. Everyone wanted to know: Who was it? Decrypt has confirmed the recipient was Do Kwon,

Valkyrie’s Bitcoin Futures ETF Is Now Live on Nasdaq

Valkyrie has launched its Bitcoin futures ETF, an investment fund that tracks the value of Bitcoin futures. Valkyrie ETF Is Live The fund went live on Friday, Oct. 22, under the ticker BTFD on Nasdaq. The acronym was chosen to suggest “Bitcoin futures” as well as the meme trader catchphrase “buy the f—ing dip.” Valkyrie

Baseball Legend Willie Mays Launches NFT Collection on Nifty Gateway

Just in time for the 117th World Series this month, the Costacos Collection announced today the upcoming release of a non-fungible token (NFT) line dedicated to Baseball Hall of Famer Willie Mays. Hosted on the NFT platform Nifty Gateway, the collection features moments of the Say Hey Kid’s life and career, from playing in the

Tungsten Cube NFT Sales on Solana Raise $100K for Coin Center

A week ago, as Crypto Twitter waited for Bitcoin futures ETFs to land and price records to fall, talk amongst Bitcoiners settled around cubes of tungsten, the dense metal used for light bulb filaments and paper weights—prompting suppliers of the metal to sell out. Actual tungsten isn’t the only thing in short supply anymore, as

Reddit Seeking Backend Engineer for NFT Platform

Reddit, one of the largest content aggregators and social media services, may soon be launching a platform for users to buy and sell non-fungible tokens (NFTs). The company is hiring a backend engineer to develop a trading platform for “NFT-backed digital goods.” Reddit Job Listing Hints at an NFT Marketplace A job post published today

Avalanche Meets Resistance After 24% Rally

DeFi protocol Avalanche has been in the spotlight after a series of announcements that may have helped push its native token, AVAX, toward higher highs. Avalanche Reaches Key Resistance Avalanche has enjoyed bullish price action over the past four days. The thirteenth-largest cryptocurrency by market cap surged more than 24% since Oct. 19, reaching a

Binance U.S. Flash Crash May Cause Bitcoin, Ethereum Correction

Binance U.S.’ trading algorithm suffered from a bug that resulted in a Bitcoin flash crash on Oct. 21. Although prices recovered quickly, both cryptocurrencies are now trying to hold support to avoid further losses. Bitcoin Reaches Critical Support Bitcoin and Ethereum are in retreat following a flash crash. Binance U.S. was hit with a bug

Dogecoin Price Jumps After Elon Musk’s ‘Trillionaire’ Tweet

Dogecoin, the price usually goes up . And it happened again today. On Friday afternoon, the popular UberFacts Twitter account—with more than 13 million followers—tweeted, “Elon Musk is predicted to become the world’s first trillionaire, thanks to SpaceX.” Spotting yet another opportunity to interject one of his favorite meme topics, the SpaceX and Tesla CEO

The Ethereum Altair Upgrade Is Next Week. Here’s What’s in It

It’s been fewer than three months since the Ethereum blockchain underwent a massive network upgrade that changed how miners are paid. Now, the blockchain’s core developers are embarking on another update, Altair, set to go into effect on Wednesday, October 27. Altair is the first time the beacon chain, which is helping transition the network

JPMorgan Has Bearish Warning About Dogecoin and Robinhood

JPMorgan has maintained an “underweight” rating on the Robinhood stock, sticking to its $35 price target. In a Friday note, analyst Kenneth Worthington cites weak Dogecoin volumes as the key reason why he thinks that the leading online brokerage app is vulnerable. As reported by U.Today, the meme cryptocurrency accounted for a whopping 62% of

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