Layer-two scaling protocols for Ethereum surges more than BTC
With an average gas price of $40 per gallon, it should come as no surprise that layer-two platforms are seeing an increase in utilization. According to new studies, the use of layer-two scaling protocols for Ethereum has increased dramatically in recent months as gas prices have risen again. The L2 ecosystem is now processing more […]
Twitter Campaign Urges Bitcoin enthusiasts to Buy BTC as El Salvador Launch Looms
Bitcoin is on the rise, thanks to a rapidly spreading social media campaign enticing users to buy $30 worth of cryptocurrency on September 7. As Bitcoin bulls envision a prosperous September, the largest cryptocurrency’s price rose 2.5 percent in one day on Monday, reaching a four-month high of $51,908, before retracing to $51,600 by press […]
Union Investment, a German asset management, seeks BTC exposure for several of its funds
Following the passage of more favorable legislation governing Spezialfonds, German funds and asset managers are broadening their scopes to include cryptocurrency investments. Asset manager with a $500 billion market capitalization With the addition of Bitcoin (BTC) to multiple investment funds as part of a focused trial program for its institutional clients, Union Investment provides solid […]
Twitter users to now add BTC and ETH addresses to their profiles
At this point, the information is unofficial; nevertheless, Twitter’s product lead, Kayvon Beykpour, has hinted that an announcement may be forthcoming shortly. According to reports, Twitter is working on adding features that would allow users to link their Bitcoin and Ethereum addresses to their profiles. The recent update is considered to be a component of […]
Venezuelan fakes his abduction and allegedly steals $1m in BTC from clients
Venezuelan police are looking for a 23-year-old scammer who allegedly stole $1.15 million in Bitcoin (BTC) from his clients’ accounts after faking his own kidnapping. Douglas Rico, the director of Venezuela’s Scientific, Criminal, and Criminal Investigations Corps (CICPC), made a statement on August 29th claiming that Andrés Jess Dos Santos Hernández, 23, was wanted by […]