Coins

Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico

April 13th, 2022

Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only be available for users of these services…

Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions

April 13th, 2022

An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong Un regime with “technical advice on…

Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

April 8th, 2022

Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to…

Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning

April 7th, 2022

On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment…

Breaking: Goldman Sachs To Offer OTC Ethereum Options

April 6th, 2022

Goldman Sachs said it is planning to offer over-the-counter (OTC) options trading for Ethereum (ETH) to its clients. The investment bank cited growing client interest in the token ahead of its widely anticipated shift to a proof-of-stake (PoS) model. The move comes just a few weeks after the bank executed an OTC options trade for…

Solana Price Gearing Up For A Run To All Time Highs, Here’s Why

April 5th, 2022

Solana (SOL), the sixth-largest crypto token by market capitalization, fell slightly on Tuesday after a stellar rally over the past month. But the declines indicate that the token is likely gearing up for a run towards all-time highs. SOL price fell as much as 7% to $126.94, and was currently trading at $133.26. It was…

JPMorgan Sees Limited Upside for Crypto Markets

April 4th, 2022

JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stable coins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook…

Solana Rallies To Become Sixth-Largest Cryptocurrency, Here’s Why

April 1st, 2022

Solana, the native token on the popular proof-of-stake (PoS) blockchain, became the sixth-largest cryptocurrency by market capitalization following a stellar rally over the past week. The token jumped two spots in the list on Thursday, overtaking Ripple (XRP) and Cardano (ADA) while also avoiding broader weakness in the crypto market. SOL jumped nearly 17% over…

WAVES Price Hints Pullback To $41.8 Support

March 31st, 2022

The WAVES/USDT pair has been one of the top gainers of march 2022, registering a 230% gain since the beginning of the month. This exponential growth was backed by a series of positive news such as: The launch of a U.S-based venture, ‘Waves labs.’ An announcement about the migration to Waves 2.0. Its partnership with…

$622 Million Hack Plummets Axie Infinity And Ronin Token Prices

March 30th, 2022

Axie Infinity (AXS), the native token of the eponymous videogame, reversed most of its recent rally after hackers stole more than $600 million from the Ronin Network blockchain that runs the game. RON, the native token on the blockchain, also slumped in value. AXS price lost as much as 13% since the news of the…