Entrepreneur Mark Cuban is in awe of Ethereum network and thinks that blockchain technology could be a game-changer for various industries. In a recent interview, Cuban said that it is the “simplification of smart contracts” on Ethereum that gets him “excited.” He said: Because now, all these SaaS companies, all these different companies, I couldContinue reading “Why Mark Cuban is looking forward to Ethereum’s use cases”

Could people (who are still unconvinced) change their perspective about Bitcoin? A host of companies now look to the asset for its properties to hedge inflation, a fact that recently established Bitcoin as a popular store of value asset among retailers and companies alike. But some experts foresee BTC’s potential to become a global currency.Continue reading “Here’s why Bitcoin could become the currency of choice for international trade”

Jack Dorsey-led Twitter today announced its intention to offer $1.25 billion worth of convertible senior notes due in 2026. The offering will take place in a private placement to “qualified institutional buyers” under the Securities Act of 1933. Twitter expects to grant the initial purchasers a 13-day option to also buy up to an additionalContinue reading “Will Twitter follow MicroStrategy’s Bitcoin strategy?”

Business intelligence firm MicroStrategy purchased an additional 328 bitcoins for approximately $15 million. This would be the firm’s first purchase of the crypto asset in the month of March after the publicly-traded company spent billions of dollars to acquire Bitcoin in February, this year.  MicroStrategy holds about 90,859 Bitcoins acquired for roughly $2.186 billion atContinue reading “MicroStrategy spends $15 million to buy additional 328 bitcoins”

While many analysts predict that either Bitcoin could increase to a million or fall to a dollar, a popular businessman and investor based in the US thinks that the asset could do both! In a recent interview with Joe Kernen at CNBC’s Squawk Box, Internet analyst Henry Blodget of the dot com era fame said: Continue reading “‘Bitcoin could reach $1 million or $1, and may do both of those’”

Blockchain research firm IOHK recently announced the launch of Glow, an open-source programming language on the Cardano blockchain, which will allow anyone to write blockchain-based applications and deploy them on the network. IOHK has partnered with startup MuKn to introduce the domain-specific language. The language will initially launch on Cardano’s Ethereum Virtual Machine (EVM) developerContinue reading “Here’s how IOHK’s glow will simplify smart contract writing for Cardano”

Etsy Inc., which reported a strong revenue growth last year, alongside a surge in e-commerce amid the pandemic, does not intend to accept Bitcoin as payments on the leading e-commerce website, at least for now. According to President and CEO of Etsy, Josh Silverman until more people buy and also use the digital currency, heContinue reading “Why Etsy will not accept Bitcoin as payment ‘right now’”

Data from XRPscan suggests that over the week, former Ripple CTO Jed McCaleb has moved yet another large amount of XRP from his wallet. From 20 to 26 February, McCaleb moved more than 135.8 million XRP from his tacostand wallet in six separate transactions. The former chief made a payment of more than 19 millionContinue reading “Former Ripple CTO dumps more XRP; here’s how much XRP is left in Jed McCaleb’s wallet”

With 106 million global crypto users as of January 2021 and a crypto population that has now surpassed 100 million, a financial expert noted that central banks must now be wary of certain crypto investors. In a new seminar held by the University of Pennsylvania’s Wharton School, part-time professor, Mohamed El-Erian, who is also ChiefContinue reading “3 types of bitcoin investors that ‘should be concerning to central banks’”

Now defunct crypto exchange Mt Gox’s appointed trustee, Nobuaki Kobayashi, revealed that the Tokyo District Court has not found any grounds for disapproving a previously submitted draft rehabilitation plan. According to the latest update posted on 25 February, the court approved a repayment process schedule that Attorney Kobayashi proposed. According to the schedule, the trusteeContinue reading “150,000 bitcoins in question: Mt. Gox creditors to vote on draft compensation plan”

Crypto exchange Coinbase has held Bitcoin and other crypto assets on its balance sheet since the firm’s inception in 2012. Head of Institutional Sales, Trading, Custody, and Prime Services at Coinbase, Brett Tejpaul, revealed this in a blog today. He said that the firm intends to maintain an investment in digital assets due to theContinue reading “Why Coinbase will maintain its investment in Bitcoin?”

Crypto exchange Coinbase’s filing for a public listing with the United States Securities and Exchange Commission (SEC) has now been made public. The Form S-1 registration statement was filed under the Securities Act of 1933 on 25 February. It also includes a prospectus that attempts to offer investors an overview of Coinbase’s operations and economy.Continue reading “Coinbase’s S-1 filing with the US SEC is now public”