El Salvador Halts Bitcoin Bond Issuance Due To Unsuitable Market Situation

The Central American nation of El Salvador was scheduled to issue the much-publicized $1 billion Bitcoin Bond last week. But things took a drastic turn following a series of events.  Reuters reported that the El Salvador Minister of Finance, Alejandro Zelaya, disclosed that the country has opted to wait until the market condition becomes favorable … Read more

Popular Popstar Enters The Metaverse After Acquiring Bored Ape NFT

The increasing influx of celebrities into the Metaverse is an indication that artists are now eyeing the virtual ecosystem as the next destination to carve a niche for their brands. Veteran Popster Madonna, also dubbed the “queen of pop,” is the latest entrant into the Metaverse following her acquisition of a Bored Ape NFT valued … Read more

An Australian Bank Becomes The First To Mint AUD Stablecoin

In the quest to encourage more bank users to embrace cryptocurrency transactions, an Australia-based financial institution, ANZ bank, has successfully launched a stablecoin linked to the Australian dollar (AUD). The move is the first of its kind by an Australian bank to issue an AUD tethered stablecoin. It may be the first time a major … Read more

Bitcoin Rises Above $44,000 As Energy Giant, Exxon Mobil, Hints At Bitcoin Mining

The leading cryptocurrency in terms of market capitalization, Bitcoin has continued to show its dominance by moving past the $44,000 mark, effectively moving the weekly gains above 8%. The latest price rally comes when investors have renewed confidence in the recovery of the BTC, and the ongoing conflict in Eastern Europe also contributes to the … Read more

Gemini Gets E-Money License from Irish Central Bank

Cryptocurrency exchange, Gemini Payments, has gotten the nod of the Central Bank of Ireland to issue digital cash to users. As per reports published in the Irish Times yesterday, the Irish Apex bank granted the crypto exchange permission to issue digital cash following its application in early 2020.  The exchange, a subsidiary of the Fintech … Read more

NFT Projects Are Leading The Way To Rebuilding Ukraine Amid Conflict

Ever since the Eastern European nation of Ukraine began feeling the heat of the military onslaught from Russia, it has solicited donations, and the rest of the world has responded. The huge donations coming into Ukraine to help it defend itself against the Russian invasion have been in the form of digital currencies. Cryptocurrency forms … Read more

Ethereum 2.0 Continues to Gain Momentum Staking Hits 10 Million

Ever since Ethereum announced its transition to the new Proof-of-Stake consensus layer, aka ETH 2.0, the amount of stakes in the blockchain protocol has increased rapidly. According to reports, the number of stakes accounts for 10% of the total Ether supply. Crypto data analyst Delphi Digital states that validators and nodes have staked more than … Read more