Alphabet’s Google Cloud has launched a new enterprise that will focus on blockchain applications in an effort for the internet giant to expand its services. The new team aims to accelerate customers’ efforts in the emerging blockchain and crypto spaces, the company explained. In the future, Google Cloud could accept payments in cryptocurrencies. According to…
Breaking crypto news from the last week (Jan. 22 – 28, 2022): Jan. 22: Trading platform Robinhood has begun rolling out crypto wallets to 1,000 customers. Users from the waitlist are allowed to send and receive their cryptocurrencies from Robinhood to external crypto wallets. By March, 10,000 customers will be testing the wallets before a…
Ukraine is a country of the most amazing possibilities, including three blockchain versions of the national currency being created at once. It’s time for an absolutely amazing story of how, as it turns out, not in every country national banks control local currency. On December 14, we learned that Tascombank – one of the oldest…
In January, global NFT sales volume is hitting new all-time highs of $8.6 billion despite the crypto market’s latest sell-off. According to data aggregator CryptoSlam, global NFT sales have topped previous records with $8.6 billion worth of sales in January, dwarfing the previous high of $4.5 billion set in August. New data from blockchain research…
Speaking at the company’s earnings for Q1 of 2022, Apple CEO Tim Cook said that the company sees a “lot of potential” in the metaverse and invests in the technology. Tim Cook addressed the idea of the “metaverse” during Apple’s Q1 2022 earnings call with analysts and investors. In response to a question from Morgan…
The unprecedented current economic situation seems to increasingly prove numerous analysts’ predictions and forecasts of market behavior wrong. Let’s take a look at what is happening at the macroeconomic level and how it affects the crypto market. As you may recall, the emergence of Bitcoin (and therefore all cryptocurrencies) was a response to the financial…
According to anonymous sources, Meta (ex-Facebook) appears to be looking to pull the pin on its Diem/Novi crypto project, with company representatives searching for a buyer for its intellectual property. After three years of development and a raft of changes to its name, scope, leadership, and purpose, it seems like Meta’s trouble stablecoin project may…
OpenSea, the leading NFT marketplace, is reportedly preparing to feature NFTs on the Solana (SOL) blockchain soon. With NFTs hosting over $17.5 billion cumulatively, the addition of Solana-based NFTs to Opensea might explode it furthermore. Screenshots shared by Jane Manchun Wong, a prolific hacker who has leaked several yet-to-launch features of tech platforms, indicate this,…
Why this downturn is different from 2018. Michael J. Casey, CoinDesk’s Chief Content Officer, shared his opinion in Money Reimagined, a weekly look at the technological, economic, and social events and trends that are redefining our relationship with money and transforming the global financial system. When token markets plunged in 2018 following the initial coin…
Cryptocurrency exchange FTX US has raised $400 million in its first funding round from investors, including Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings, reaching the market value at $8 billion. The investment gives FTX US a valuation of $8 billion, placing it among the world’s most valuable private crypto firms. Investors in the round…