Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Michael Barr, the head of the central bank's regulatory division, emphasized that the Federal Reserve is currently in the preliminary research stage and would require official legislation from Congress to formalize any action.
While you can invest in cryptocurrencies, they differ a great deal from traditional investments, like stocks. When you buy stock, you are buying a...Read more
Given the thousands of cryptocurrencies in existence (and the high volatility associated with most of them), it’s understandable you might want to...Read more
When we first think of crypto, we usually think of Bitcoin. That’s because Bitcoin represents more than 45% of the total cryptocurrency market. So...Read more
Part of what makes Bitcoin so valuable is its scarcity. Bitcoin’s maximum supply is limited to 21 million coins. Currently, there are 19 million co...Read more
While the initial premise of cryptocurrency was to fix the problems with traditional currencies, there are now a whole host of utility cryptocurren...Read more
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