The weekend’s Otherside NFT minting frenzy resulted in the Ethereum network destroying more ETH than it issued.
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BNY Mellon Launches Bitcoin, Ethereum Custody Services for Investment Firms
BNY Mellon will begin holding Bitcoin and Ethereum on behalf of its customers with software developed alongside crypto custody provider Fireblocks. The service goes live on the bank’s accounting platform today for select investment firms, […]
We Watched the Viral 'Problem With NFTs' Video So You Don't Have To
On January 21, the YouTube channel Folding Ideas, created by Dan Olson, posted a video titled “Line Goes Up—The Problem with NFTs.” The video is well over two hours long and criticizes cryptocurrency and NFTs. […]
Bitcoin Plunges Below $19,000 Ahead of Fresh U.S. CPI Report
As investors prepare for the latest Core Price Index (CPI) report, a barometer for measuring inflation, before the Federal Reserve’s November decision on another interest rate hike, the price of Bitcoin plunged. The leading cryptocurrency […]