As cryptocurrency gains acceptance, more people are vying to get their paycheck and other benefits in Bitcoin, Ethereum, and other digital currencies, Jazmin Goodwin writes on CNN Business. Famous athletes, politicians, and everyday employees are now getting all or part of their salary this way. “Whether you’re the quarterback of the Green Bay Packers, or…

Prestigious auction house Sotheby’s has announced the company will be selling Banksy works for real-time bids in Ethereum (ETH) at an auction on November 18. The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. On…

Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors on November 11. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Facebook (now Meta) and Microsoft, which are already trying to grasp the concept. And…

The US Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. Cboe BZX exchange had applied back in March; however, the SEC stated that not enough was done to protect investors from fraudulent trading. The Commission says the proposal…

The Middle East has established itself as a global hub for crypto innovation due to laws crafted by UAE regulators who recognize that the world is increasingly adopting cryptocurrencies and blockchain technology. Entrepreneur Ali Bader, the owner of Sky Investments, revolutionizes the UAE real estate industry, enabling investors to buy a property with crypto. In…

The “Big Chinese Offensive” on cryptocurrencies has led to a colossal outflow of crypto holders’ funds to decentralized crypto exchanges and DeFi projects, as well as over-the-counter platforms. Now centralized cryptocurrency exchanges are looking for a fitting answer to this challenge. Centralized cryptocurrency exchanges (CEX), having felt a threat to their market dominance, are rapidly…

Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…

Bitcoin’s major upgrade, known as Taproot, has activated this weekend to improve the blockchain‘s functionality. It’s the first major upgrade since 2017. Developers are now able to add new features to improve privacy, scalability, and security on the Bitcoin blockchain. As Forbes reported, the long-awaited Bitcoin upgrade was deployed Sunday morning and will unlock the…

Breaking crypto news from the last week (Nov. 6 – 12, 2021): 06 Nov.: Mythical Games, a blockchain-based gaming company, has raised $150 million in a Series C round led by Andreessen Horowitz (A16z) at a $1.25 billion valuation. The firm will use the funds to expand its team, scale operations, and bring new game…

What cryptocurrencies are doing to the investment industry you could almost call mockery. This new asset class shows returns on investment many times superior to any traditional assets. Thirteen years ago, Bitcoin was created as a completely independent form of money, i.e., a means of payment. However, over time, it suffered the same fate as…