Category: crypto

Weekend market tumult triggers record number of crypto futures liquidations

This weekend’s market turmoil resulted in the triggering of roughly 864,000 crypto futures liquidations, a new single-day record according to data collected by The Block. As shown in the chart below, about 70 percent of those liquidations — some 613,000 — occurred on crypto exchange Binance. In total, $8.46 billion in long liquidations occurred on […]

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Canada Approves Three Ethereum ETFs, Ether Funds Set to Launch on TSX Next Week

Canada has been approving crypto exchange-traded funds (ETF) more quickly than the United States and after three successful bitcoin ETFs, the country has approved three ethereum-based ETFs. The three ether ETFs in Canada will debut on Toronto’s stock exchange (TSX) on April 20, 2021. Three Ethereum ETFs Set to Launch in Canada Next Week Back […]

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Turkey’s central bank bans the use of cryptocurrencies for payments

The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments. Announcing the news on Friday, the central bank said crypto-assets cannot be used directly or indirectly for payments, and no firm can provide such services. “Payment service providers cannot develop business models in a way that crypto assets are […]

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Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American Whistleblower Edward Snowden Mints an NFT Edward Snowden is a well […]

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How Blockchain Technology Can Assist the Education System in 2021

2021 saw a rocky start as the effects of the pandemic seemed to have crippled the education system. However, with blockchain’s irrefutable ledger technology records a chronological list of events that occurred in real time. This is useful for authenticating transcripts and showing a complete and honest report of the students academic progress.  Japan-based Sony […]

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The future looks promising for female crypto traders

Although the crypto world saw a huge gender imbalance in 2020, there has been a steady increase in women who are trading cryptocurrencies ever since. Sure, when cryptocurrency first arrived on our doorstep, it seemed like it was from a science fiction movie. However, it has become apparent that Bitcoin and other digital currencies are […]

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Mapping out the 10 most active crypto funds’ Q1′ 21 investments

Quick Take The Block Research analyzed a total of 314 blockchain-related investment deals that occurred during Q1′ 21 to identify which crypto funds have been the most active to the start of the year While much of the year remains, only three of the most active funds in 2020 made it to the list during […]

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