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0 CommentsNabil Al Sayed, a serial startup entrepreneur, has announced the launch on Thursday of NIFTY Souq, a new digital platform where artists and collectors of the Middle East and North Africa region can create and buy NFTs. The new NFT marketplace is going to revolutionize the music and art scene in the Gulf countries. As…
Cardano plans to make its blockchain interoperable and compete with the DeFi ecosystem based on Ethereum. Using its native altcoin (ADA), Cardano is getting closer to its decentralized finance objectives in partnership with dcSpark. dcSpark, a product-based DLT company, announced on Wednesday plans to develop a new sidechain project titled “Milkomeda” to aid cryptocurrencies not…
The rise in the Bitcoin price, which has been a source of positivity for many as of late, has generated similar expectations for altcoins – the public is already accustomed to the fact that all other cryptocurrencies are growing following BTC. But it seems that the time of such simple correlations has passed, and the…
Bitcoin hashrate triples since June 28 as miners are coming back online after China’s crackdown while surging Bitcoin price makes the mining business wildly profitable. Bitcoin topped $50,000 on Monday, benefiting from simultaneous supply chain shortages and a crackdown from Chinese regulators – putting Bitcoin mining on par with profits near the coin’s April all-time-high….
According to a new CoinDesk report, Citigroup is actively recruiting traders to begin working with Bitcoin futures on the Chicago Mercantile Exchange and is awaiting regulatory approval. CoinDesk, citing two sources, including one within the bank, reported that Citi is planning to trade Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). The bank reportedly…
A growing number of users of the popular crypto exchange Coinbase have found their accounts on the platform empty after hackers managed to gain access to them and drain their cryptocurrency wallets. According to a Tuesday CNBC investigation, thousands of customers across the country have lodged complaints against the company. One couple, for example, logged…
