Bitcoin Network Transaction Volume Surpasses American Express: Research
New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021.
Phantom Wallet Attains Unicorn Status After Raising $109M
Phantom, a crypto wallet for accessing the Solana ecosystem has raised $109 million in a Series B funding round, raising the company’s valuation to $1.2 billion. Along with the latest funding, Phantom also revealed that the mobile version of the Solana wallet was now available for iOS users with plans for Android launch in the first half of the year.
$750 Million In Bitcoin (BTC) Stolen From the 2016 Bitfinex Hack Is On the Move
A massive quantity of Bitcoin is on the move previously linked to the 2016 Bitfinex exchange hack. Just today, popular Twitter handle Whale Alert has reported two such instances wherein Bitcoins worth more than $750 million have been transferred to some unknown wallet.
Indonesia bans financial institutions from engaging in crypto sales.
One of the world’s biggest digital currency hubs Indonesia bans financial institutions from engaging in digital currency sales.
This Recently Released Metaverse Crypto Coin Gained Over 70% In 2 Hours
One of the best places to hunt for new tokens and crypto projects is the recently released section in CoinMarketCap. Today, a Metaverse NFT coin named SWAK gained over 70% since it was listed roughly two hours ago.
Litecoin Releases the Mimblewimble Extension Block Upgrade, LTC Up 5%
On Monday, January 31, the Litecoin Foundation announced the much-awaited Mimblewimble upgrade coming to the Litecoin blockchain network. Lead developer David Burkett confirmed that the upgrade comes in the form of a Mimblewimble extension block (MWEB) officially released as an RC.
Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.
US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC.