The new NFT trading platform already seems to be making waves just days after its launch. Daily volume on NFT marketplace LooksRare has already exceeded $394 million following the platform’s official launch on Jan. 10.The platform was able to bring in this customer base by offering only 2% fees on b

Bank of America gave perhaps the highest praise a major U.S. bank could bestow on a cryptocurrency: It compared crypto to the world's largest credit card network in a report where the financial institution also compares the asset to security-centric Ethereum and DeFi newcomer Avalanche. "Solana co

The Republic of Palau announced today its partnership with Cryptic Labs, the leading commercial research lab focused on solving fundamental security problems to launch a digital residency program using the latter's Root Name System.Palau President Surangel S. Whipps, Jr. signed the Digital Residency

Bitcoin (BTC) is trading above the $40,000 support level and is up about 3% over the past 24 hours. Buyers are starting to return to the market, although upside appears to be limited to the $45,000 resistance level, which is also near the 200-day moving average.On intraday charts, upside momentum is

The Federal Reserve’s highly anticipated report on cryptocurrencies and central bank digital currencies (CBDCs) – initially slated to come out last September – will be released “within weeks,” Fed Chairman Jerome Powell told a U.S. Senate committee on Tuesday.Powell, who was nominated for a second t

On Monday afternoon, Andre Iguodala, three-time NBA champion and professional basketball player for the Golden State Warriors, announced via Twitter that he would be taking a portion of his estimated $2.647 million annual salary in Bitcoin (BTC). In addition, Iguodala added that he will give out $1

More than 109,000 traders were liquidated over the past 24 hours. The latest price declines in cryptocurrencies are inflicting widespread pain on traders who had made leveraged bets in the notoriously volatile markets, resulting in more than $340 million of liquidations just in the past 24 hours.Mor

The Associated Press news agency is launching a non-fungible token (NFT) marketplace for collectors to purchase photographs taken during its 175-year history. The marketplace will be built by blockchain technology firm Xooa, with NFTs to be minted on the Polygon blockchain.The marketplace is being b

The US Federal Reserve’s Tapering announcement and the crypto-market’s recent performances have kept investors’ confidence low. However, several altcoins demand community attention in the year ahead.IOTA, for instance, integrated smart contracts capabilities through a beta release on its platform in

The U.S. Department of Transportation's Small Business Innovation Research (SBIR) program unveiled a raft of proposed research areas this week, including one that proposes investigating the use of crypto tokens to incentivize approaches to what it calls "modality use by consumers."The information wa