Crypto News

Former Twitter CEO Explains Why He Has More Confidence in Bitcoin Than Ethereum
In a recent interview, Jack Dorsey, who is the co-founder and former CEO of Twitter, as well as the co-founder, chairman and CEO of Block (formerly known as Square), explains why he has more faith in Bitcoin than Ethereum, even though the latter evolves faster.

Ferrari’s CEO Reveals Company’s Plans To Integrate NFTs, Metaverse And Web3
Luxury car maker, Ferrari, has reiterated that it is giving Non-Fungible Tokens (NFTs), the metaverse, and blockchain technology serious consideration.

Global crypto spot trading volume declines to its lowest since December 2020.
Total spot trading volumes on global crypto exchanges crashed 30.2% sequentially to $1.81 trillion in January, the lowest since December 2020.

New Cardano Update! What Does It Mean For ADA HODLers?
Cardano has been attempting to maintain a stable position in the market over the last few months, but it still manages to lose a substantial amount of value every now and then. Even if it had a strong day the day before, it has lost 3% of its value in the prior seven days.

DeFi Bridge Warmhole Restores $320 Million Worth of Stolen Funds, Here’s What Unfloded
Earlier on Wednesday, February 2, DeFi bridge protocol Warmhole announced that the platform was hacked as hackers managed to steal a staggering 120 wETH worth $320 million. Warmhole is a DeFi blockchain bridge between Ethereum and Solana allowing users to swap SOL for other cryptocurrencies.

Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim
Manchester United, one of the world’s most popular soccer (or football) teams is reportedly set to announce a multi-year training kit sponsorship by Proof-of-Stake blockchain platform, Tezos.

Crypto Asset Manager Grayscale Launches 'Future of Finance' ETF in Partnership With Bloomberg
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.'”

Aussie competition watchdog investigating Meta over crypto scam ads
Australia's consumer and competition (ACCC) watchdog is investigating Facebook’s parent company Meta for a long running series of fraudulent cryptocurrency advertisements of the platform.