Music NFTs a powerful tool to transform an audience into a community

As one of the oldest entertainment industries in existence, the music industry has witnessed many technological advancements that have contributed to its widespread adoption. The digital transformation of music...

Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push

Bitcoin (BTC) failed to hold $20,000 at the end of the month in September as a trader saw an eventual bounce before falling again. Hourly candlestick chart BTC/USD (Bitstamp). Source:...

Central banks can push DeFi into mainstream — Swiss National Bank official

Central bank digital currencies (CBDCs) can work well with decentralized finance (DeFi) and have great potential to accelerate DeFi adoption, according to a Swiss central bank official. According to Thomas...

Blockchain firm sues Coinbase for $350M alleging patent infringement

Cryptocurrency exchange Coinbase has found itself in a difficult legal position after blockchain software company Veritaseum Capital accused it of infringing a patent related to its blockchain technology and...

Acala Network to resume operations after burning 2.7B in aUSD stablecoin

Following the mining failure of its aUSD stablecoin, Acala Network announced on Monday that it has resumed operations following a referendum that allowed liquidity pools (LPs) to withdraw liquidity...

NEXO risks 50% drop due to regulatory pressure and investor concerns

Nexo too centralized? For starters, on September 26, eight US states filed cease and desist orders against Nexo, alleging that the company was offering investors unregistered securities without informing them...

Tax on income you never earned? It’s possible after Ethereum’s Merge

IRS rules were not ready to move to Ethereum. This is unlikely to be the failure that taxpayers suffered when the bitcoin fork in 2017, but there are steps...

Institutional appetite continues to grow amid bear market — BitMEX CEO

In a recent interview, Alexander Heptner, CEO of BitMEX, shared his thoughts on institutional investors who he believes still have an appetite for cryptocurrency and Ethereum. Speaking at the Token2049...

Bitcoin profitability for long-term holders declines to 4-year low: Data

Bitcoin (BTC) long-term returns have fallen to levels recently seen during the previous bear market in December 2018. According to data provided by the cryptoanalytical firm, BTC holders are...

Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

US stock markets have been very low for most of the year. The S&P 500 and Nasdaq Composite are down for three consecutive quarters, for the first time since...