BeReal is the #1 social networking app on the Apple App Store and ninth among “free social apps” on Google Play. Between March and July, BeReal recorded 85% of its total lifetime downloads at 20.2 million, according to data.ai data. The platform has found popularity beyond the college students it originally attracted, following in the … Read more
Ethereum is the second largest cryptocurrency in the world and competes with Bitcoin. Getty Ethereum, the second largest cryptocurrency by market value, has just held one final dress rehearsal ahead of a years-anticipated upgrade billed as one of the most important events in crypto history. Since its inception almost a decade ago, Ethereum has been … Read more
The Street may be noting an inverse correlation: the cooler inflation goes, the hotter Bitcoin’s price gets. But how solid that relationship is — and how long it might last — is the question. Consumer Price Index (CPI) inflation data came in cooler on Wednesday, showing July aggregate prices rising 8.5% yoy – showing prices … Read more
Mining the second most valuable cryptocurrency in the world at Evobits IT SRL An engineer inspects AMD graphics processing units (GPU) from Sapphire Technology Ltd on Wednesday, January 22, 2021. at the Evobits crypto farm in Cluj-Napoca, Romania. The worlds second most valuable cryptocurrency, Ethereum, is up 75% this year, outperforming its larger rival Bitcoin. … Read more
San Francisco-based blockchain payments firm Ripple Labs Inc, which is embroiled in a high-profile battle with the U.S. Securities and Exchange Commission, is interested in potentially buying assets from bankrupt crypto lender Celsius Network, according to a company spokesman. “We are interested in learning about Celsius and its assets and whether … Read more
Dan Kitwood | Getty Images A key way criminals launder money in the crypto world is by sending digital assets across blockchains, bypassing a centralized service that can track and freeze transactions. They use what are known as cross-chain bridges to achieve this, and the dollar amounts are getting big. According to new research by … Read more
Shortly after Wall Street veteran CK Zheng launched his crypto hedge fund in the summer of 2021, Bitcoin surged to an all-time high of $68,000. The rally worried the co-founder of ZX Squared Capital, who was particularly troubled by speculation that Bitcoin’s price could soon hit $100,000. “People were so optimistic back then,” he told … Read more
Through CNBCTV18.com Aug 10, 2022 3:02 p.m IS (released) Mini If you’re considering getting into crypto but aren’t sure what to do and how to do it, you’ve landed in the perfect place. There are two different ways to create wealth with cryptos: investing and trading. Both offer lucrative returns, but require very different methods. … Read more
Another day, another hack – and another burned blockchain bridge. When thieves stole an estimated $190 million from US crypto firm Nomad last week, it was the seventh hack in 2022 to target an increasingly important cog in the crypto machine: blockchain “bridges” — chains of code that help do it to move crypto coins … Read more
Sam Bankman-Fried, Co-Founder and Chief Executive Officer of FTX, in Hong Kong, China on Tuesday May 11, 2021. Lam Yik | Bloomberg | Getty Images Sam Bankman-Fried became a crypto billionaire and one of the most prominent players in the industry by making cryptocurrency exchange FTX a top site used by traders and investors. His … Read more