Argentine Freemasons want to put NFTs to philanthropic work

Argentine Freemasons want to put NFTs to philanthropic work

The Argentine Grand Lodge of Free and Accepted Masons is jumping into nonfungible tokens (NFTs), but with a philanthropic twist. The secretive society is releasing 77 digital art NFTs under the name CryptoMasons, with profits going back to local charities supported by the chapter.  According to the announcement, it is…

Traders say Bitcoin price bounce is overdue after a ‘massive’ BTC long position appears

Traders say Bitcoin price bounce is overdue after a ‘massive’ BTC long position appears

Bitcoin (BTC) traded in an increasingly narrow range on Sept. 6 as bets piled in over an imminent breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance futures giant sucks in spent BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying under $20,000 for a fourth straight day…

Crypto investment product firm 21.co raises M to reach B valuation

Crypto investment product firm 21.co raises $25M to reach $2B valuation

21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the firm announced on Tuesday. It raised $25 million in a funding round led by London-based hedge fund Marshall Wace. The new funding brings the firm’s valuation to $2 billion. 21.co is designed…

Ethereum co-founder’s poll shows people want 0 lifetime .eth domains

Ethereum co-founder’s poll shows people want $100 lifetime .eth domains

As Ethereum Name Service (ENS) domains became more popular, the conversation has steered toward .eth domain pricing and what is considered to be a “fair” price to guarantee ownership for 100 years.  In a Twitter thread, Ethereum co-founder Vitalik Buterin asked the community what price they think is appropriate for…

Vitalik reminds node operators to update client before the Bellatrix upgrade

Vitalik reminds node operators to update client before the Bellatrix upgrade

Ethereum co-founder Vitalik Buterin is reminding node operators to upgrade their clients before the Bellatrix “hard fork,” slated for Sept. 6. Buterin said that the scheduled upgrade will be the final update that prepares the Beacon chain (proof-of-stake chain) for the Merge. The merge is still expected to happen around…

Crypto assets are no longer niche and regulators need to catch up — IMF

Crypto assets are no longer niche and regulators need to catch up — IMF

The past few years have seen crypto assets moved from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to the International Monetary Fund (IMF). In a new report authored by IMF capital markets director Aditya Narain and assistant…

No plans to auto-convert Tether, though that ‘may change’

No plans to auto-convert Tether, though that ‘may change’

Crypto exchange giant Binance has confirmed it has no plans to “auto-convert” Tether (USDT) to Binance USD (BUSD) at the moment, though noted that this “may change.” On Sept. 6, the crypto exchange surprised the market with the announcement it will cease trading support for U.S. dollar-pegged stablecoin USD Coin…

Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’

Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’

Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to “liquidity problems.” In a Monday announcement, Poolin said its wallet service was “facing some liquidity problems due to recent increasing demands on withdrawals”…

Blockchain incubator valued at 0M following NGC Ventures-led Series A

Blockchain incubator valued at $100M following NGC Ventures-led Series A

Blockchain-focused incubator and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia’s largest crypto investment firms, putting the company on track to expand its portfolio and geographic presence.  Although the funding terms weren’t disclosed, the Series A gave PANONY a valuation of $100…