The world-renowned influencer Paris Hilton joins Origin as an investor and advisor to make its products and Origin Tokens (OGN) even more successful. Paris Hilton is the original entertainment and business icon that pushes the creator economy forward. Aside from her influence on mainstream culture through music and TV shows since the early 2000s, Paris…
Skeptical before about cryptocurrency, Goldman Sachs continues to fund crypto companies. Investment giant recently funded around $28 million to Blockdaemon’s expansion. The more evidence that the New York City-based firm changing its mind to cryptocurrency. The investment banking giant has joined in on a significant funding round to aid Blockdaemon, a large blockchain firm, to…
The Bitcoin Mining Council announced on Thursday as debates over the energy wasted in crypto mining are growing. The energy consumed to mine cryptocurrencies matches a developed country’s usage and is comparable to big CO2 emitters such as airlines and fossil-fuel companies. “The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners…
The publicly traded company MicroStrategy, a big enterprise software developer, announced Tuesday that it raised its corporate bond sale from $400 million to $500 million to satisfy investor demand. The revenue will be transferred to purchase funds in Bitcoin above the 92,079 BTC the firm accumulated before. Unnamed sources said to Bloomberg, the sale was…
El Salvador has become the first country to officially recognizes Bitcoin as legal tender. A supermajority of lawmakers in the Latin American country’s Legislature voted by the Bitcoin Law. In a Wednesday vote, El Salvador’s Congress voted by a supermajority in favor of the president’s proposal for the Central American nation to adopt Bitcoin as…
Residents of Dubai lost above AED80 million in crypto scams since the beginning of 2021, the Dubai Police official said. There have been over 200 cases of crypto scams in the UAE this year, revealed Tarek Mohammed, Head of the Digital Assets Crime Section at the Dubai Police GHQ. He has provided online a virtual…
Bitcoin falls again on Tuesday. The largest cryptocurrency continued to slip down all day among a massive selling out of digital currencies as investors were concerned about shifting U.S. monetary policy, continued tightening of crypto regulation in China, and doubts of the security of the cryptocurrency after the FBI had recovered most of the ransom…
After months of waiting, the first Kusama Parachain auction went off without a hassle. The now active Parachain has already begun successfully processing transactions, paving the way for future slot auctions. The first Kusama Parachain auction could happen by mid-June. Gavin Wood, Polkadot and Kusama creator, posted on Tuesday the schedule for the long-awaited Kusama…
Is the world’s second-biggest cryptocurrency could be the one with the most potential, asks Lyle Daly on A Motley Fool. If you’ve been looking for cryptocurrencies besides Bitcoin to invest in, then Ethereum has probably been on your radar. Technically, Ethereum is a programmable blockchain, and its cryptocurrency is called Ether. People often refer to…
As many companies inclining towards cryptocurrency as an investment, Apoorva Bellapu at Analytics Insight observes crypto tendencies in 2021. Since the cryptocurrency market had fallen a few days ago, the rush to invest in digital coins raises like never before. Everyone estimates that the market would correct itself in a while and that the prices…