Novi, Facebook’s digital wallet, will be based on Diem’s blockchain, a cryptocurrency created by the social network. Cryptocurrencies on Facebook? Meet Novi Facebook’s mission “is to make the world more united”. However, increasingly this is not just about connecting friends and family to share messages, but also serving as a platform for people’s financial lives.… Continue reading Novi: Facebook’s cryptocurrency payments system is here
Category: Cryptocurrency
Solana (SOL): Cryptocurrency that shot almost 70% in one week
Solana (SOL) is rising exponentially, bringing more investors onboard and many discovering this cryptocurrency. Bitcoin (BTC) cannot always count on good days in the market. On the morning of Tuesday, August 17, the main cryptocurrency in the market operated at a drop of 0.84%. But another cryptocurrency has done very well in the past seven… Continue reading Solana (SOL): Cryptocurrency that shot almost 70% in one week
Hackers Stole Over $90M From Japan’s Liquid Global Crypto Exchange
Japanese cryptocurrency trading platform Liquid Global was the target of a cyber attack that resulted in the theft of more than $90 million worth of cryptocurrencies. According to the company, some of its digital wallets were “compromised” and the hackers transferred the assets to four other wallets. On its official Twitter account, the platform reported:… Continue reading Hackers Stole Over $90M From Japan’s Liquid Global Crypto Exchange
DeFi: Cryptocurrency platform Luna Yield disappears from the internet
Luna Yield, the latest DeFi offered for sale on a Solana network fundraising platform has simply disappeared, with customers already sure of a “rug pull”. The term DeFi has become popular in recent years, leading many people to invest in projects that offer financial services with cryptocurrencies. One of the most common examples of these… Continue reading DeFi: Cryptocurrency platform Luna Yield disappears from the internet
Rise of Cardano and increase in Bitcoin market cap
We had another strong week in the cryptocurrency market, with significant gains for large and mid-cap assets. Bitcoin (BTC) and Ethereum (ETH), the two largest assets on Brave New Coin’s (BNC) market capitalization table, were up 10% and 14%, respectively. These gains were overshadowed by the even stronger performance of large cap assets such as… Continue reading Rise of Cardano and increase in Bitcoin market cap
Why are cryptocurrencies going up again? Is it the time to buy?
Bitcoin and other important cryptocurrencies such as Ethereum and Dogecoin are breaking records. After peaking at around $58,000 in April, the most popular of the cryptocurrencies saw its quotes drop significantly, dropping below $30,000 in May and June. However, prices recovered in July and started the month of August on the rise. A very optimistic… Continue reading Why are cryptocurrencies going up again? Is it the time to buy?
Coinbase total revenue exceeds $2 billion in Q2 2021
One of the world’s largest cryptocurrency brokers, Coinbase, posted net income of $1.6 billion in the second quarter, nearly twice as much as in the first three months of the year. Earnings per share, in turn, were $6.62, almost three times what the market expected, in a result that benefited from an atypical income tax… Continue reading Coinbase total revenue exceeds $2 billion in Q2 2021
Poly Network: hacker begins to return part of stolen cryptocurrencies
The Poly Network protocol, which operates in the area of Decentralized Finance (DeFi), reported that it suffered a hacker attack in which around $600 million were stolen, making it one of the biggest attacks in the history of the cryptocurrency market. Poly is an interoperability protocol between blockchains, that is, it works by connecting different… Continue reading Poly Network: hacker begins to return part of stolen cryptocurrencies
Bitcoin bull run? Price hits maximum level in almost 3 months
After starting a bullish movement at the end of last week, Bitcoin gained traction over the weekend and hit the $46,000 mark, according to platform CoinMarketCap, its highest since May. This heightened optimism in the market comes after a period of sharp fall in Bitcoin, against a backdrop of greater investor fear after China escalates… Continue reading Bitcoin bull run? Price hits maximum level in almost 3 months
Taxes on cryptocurrency in the US: Elon Musk takes a stand against it
Tesla and Space X CEO Elon Musk publicly took a stand and lobbied US lawmakers responsible for the bill that seeks to implement taxes on cryptocurrency, urging them not to “try to determine winners or losers in the cryptocurrency market.” The message was posted in response to a Twitter message from Brian Armstrong, CEO of… Continue reading Taxes on cryptocurrency in the US: Elon Musk takes a stand against it