Coinbase almost achieves $100bn market cap on day one
Cryptocurrency exchange Coinbase almost reached a $100bn market cap on its first day of trading on the Nasdaq. For anyone…
14 Apr 2021
Coinbase public offering will take place in a volatile market
Coinbase, the biggest cryptocurrency company, will be listed on Nasdaq, potentially raising Bitcoin’s value even further. The company makes money by operating the largest US cryptocurrency exchange, holding funds for…
30 Mar 2021
Visa to start settling payments using a stablecoin backed by the US dollar
It’s been another busy month for cryptocurrencies, especially now that a stablecoin has a major backer that will allow customers to us it for payments. Tesla, with its elusive founder…
23 Mar 2021
NFTs: $3.4m spent on “twttr” tweet and a pretend Mars house
The original tweet and a house on Mars (which is neither a house nor on Mars) are two of the latest bizarre non-fungible token (NFT) sales. NFTs are having a…
19 Mar 2021
OpenSea rides high on NFT wave with $23m raise
OpenSea has raised $23m to scale its non-fungible token marketplace as the NFT craze continues to gain momentum. The startup has been around since 2017 when CryptoKitties, virtual cats powered…
19 Mar 2021
It’s pretty, but is it Art? NFTs can’t tell you, but they do prove who owns it
Non-fungible tokens, or NFTs, are having a moment in the spotlight. Captain Kirk, Twitter founder Jack Dorsey, rock band Kings of Leon and artist Beeple have all participated in the…
16 Mar 2021
Bitcoin mining uses tiny, insignificant amounts of energy
It's often suggested that Bitcoin mining uses huge amounts of energy and causes massive carbon emissions. Recent headlines tell us that "Bitcoin uses more energy than Argentina" (BBC) and that…