Last week, cryptocurrency investors received some respite from the fall in the value of digital tokens. Over the previous seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent, according to coinmarketcap.com. Bitcoin and Ethereum are the largest and the second-largest digital tokens by market cap, respectively. Market data suggests that
Crypto Biz: A Futurist take on crypto
You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund (ETF) and the percentage of active crypto holders in the country has increased steadily over the past two years. Against this backdrop
Crypto carnage spooks investors
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. After rallying spectacularly in 2021, Bitcoin and other cryptocurrencies have seen a steep fall. Since November 2021, when Bitcoin hit its all-time high of $68,789, it has lost one-third of its value to reach the current price
Crypto and the US Government Are Headed for a Decisive Showdown
Perhaps seeing that the law is going to come for crypto sooner or later, the industry has been rallying behind an effort to pass a new regulatory framework just for crypto—one that spares the full wrath of the Howey test. Companies, including Coinbase, have petitioned the SEC to issue new, digital-currency-specific rules. In the Senate
Crypto Diaries: The Bitcoin Entrepreneur Whose Wife Won’t Let Him Talk Bitcoin
7 p.m. — Soccer night. I drive to the field in Santa Monica. I snap a picture with my Stacks water bottle and tag @nftsonbitcoin on IG. I post two quick memes to my story — the first one comparing fiat currency to bitcoin and the second one quoting Andrew Carnegie, “Ninety percent of all
The Crypto Market Crashed
“If you call out someone’s risks they’re taking, and they’re otherwise healthy, you can be accused of creating a run on the bank or being a troll,” said Michael Saylor, the chief executive of MicroStrategy, a software company that has built up a large Bitcoin reserve. “It’s kind of hard to explain this theoretically before
It has been a miserable August for crypto — and it’s only the third day of the month
From cross-chain bridge hacks draining hundreds of millions of dollars in customer funds to the Securities and Exchange Commission coming after crypto Ponzi schemes, this corner of the market can’t catch a break.
Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack
New York CNN Business — Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers now appear to have a new target: blockchain bridges. Bridges are the infrastructure that allow users to exchange…
A pair of hacks rattle an already jittery crypto industry
A pair of crypto hacks totaling nearly $200 million in losses and probably affecting more than 10,000 users has prompted worry in an industry already unsettled by falling prices.On Wednesday, Solana, a popular blockchain and token, said that some wallets that held its assets had been breached.
Crypto.com and FTX Bet Big on Stadium Naming Rights Before the Crypto Crash. What Happens if They Can’t Afford to Pay?
But how exactly does a stadium naming deal unwind if, hypothetically, the rights-leaser goes bankrupt? It seems like a real hassle, from taking down all those signs to finding a new sponsor. To find out more, I called Joel Feldman, co-chair of global trademark and brand management at the law firm Greenberg Traurig.