Cryptocurrency, non-fungible tokens and everything decentralized defined much of tech's year. In fact, NFTs were so popular in the news that it's Collins Dictionary's Word of the Year. Not to be outdone, Bitcoin saw its value skyrocket to as high as $68,000 for the first time, and crypto investors banded together in an effort to buy a copy of the U.S. Constitution. Look back at the wild year in the world of Web3 and what lies ahead.
London CNN — “NFT,” the abbreviation of “non-fungible token,” has been named Word of the Year by dictionary publisher Collins, beating “crypto” and “cheugy” to the top spot. An NFT is “a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an …
One of the reasons that cryptocurrency makes so many headlines is due to its inherent volatility. Within a single month, or even week, it’s not surprising to hear that one of the major cryptocurrencies, such as Bitcoin, has both made a new high and dropped in value by 10% or more.
Bitcoin and Ethereum hit its all-time records on Tuesday as cryptos rebound. We take a look at what is driving the hype. The price of Bitcoin hit a …
Through a first-of-its-kind auction at Christie’s Until October, the most Mike Winkelmann — the digital artist known as Beeple — had ever sold a print for was $100. Today, an NFT of his work sold for $69 million at Christie’s. The sale positions him “among the top three most valuable living artists,” …
El Salvador has become the first country in the world to make the cryptocurrency Bitcoin legal tender. Advocates of the digital currency, including the country's president, Nayib Bukele, say the policy that took effect Tuesday morning was historic. But the first few hours of Bitcoin's official status …
A consortium of crypto investors pulled together $47 million worth of ether in a week to try to buy a rare, first-edition copy of the U.S. …
research by the Cambridge Bitcoin Electricity Consumption Index (CBECI) suggests. In June China told banks to stop facilitating transactions, and issued bans on mining. At its peak in Sept 2019 China accounted for over three quarters of all Bitcoin mining. China's crackdown initially led to a 38% fall …
After weeks of hype, three of the tech world’s most prominent Bitcoin boosters took to the virtual stage Wednesday to discuss the value and potential …
Move over, dogecoin. A spin-off, shiba inu, is on a tear, having gained about 350% in a month — roughly what bitcoin has gained in a year. The price of the dogecoin-inspired cryptocurrency has risen by over 300% in a week, pushing it into the top 20 coins by market capitalization, with a value of …
