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⚡️ Insured Finance is launching the World’s First Insurance Vault for NFTs and the IFNFT Token. IFNFT tokens are required to access the vault. These tokens will be minted and airdropped to Insured Insiders.

⚡️ Mastercard launches prepaid card for World’s First CBDC in Bahamas. The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.

⚡️ MicroStrategy has announced to issue $900 million more worth of debt, adding $300 million to the novel debt issuance model to buy more Bitcoin.

⚡️ Blockchain dot com raises $120M funding round to grow institutional business. The firm is continuing its institutional pivot with the new cash injection.

⚡️ BlackRock, leading money-management firm which has over $6.5 trillion in assets under management revealed its approach to Bitcoin. VYSYN
⚡️ Spiderman NFT sells for 12.75 ETH as Marvel comic artists land on Ethereum. With great rarity apparently comes great value. An Ethereum-based Spiderman NFT just sold for $25k as Marvel comics enter the blockchain realm.

⚡️ Switzerland’s Crypto Valley has started accepting Bitcoin, Ether for tax payments. Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.

⚡️ Reflexer launches alternative to Ethereum stablecoin DAI, called RAI. The new Ethereum-backed RAI token’s price is not pegged to anything, but it should retain a stable exchange rate.

⚡️ The Graph adds support for Polkadot, NEAR, Solana and Celo. The global network of open APIs is expanding to support new layer 1 blockchains.

⚡️ The first Bitcoin ETF in North America, TSX’s Purpose Bitcoin ETF had a gangbuster debut today trading nearly $100 million in volume. VYSYN
⚡️ Insured Finance will integrate with one of the leading NFT marketplaces, DigiCol. It will be possible for DigiCol users to secure insurance for their NFTs directly from their terminal. Insured Finance will integrate with all leading NFT marketplaces.

⚡️ Arthur Hayes, the co-founder of BitMEX, has made a remarkable return to the public spotlight emerging on social media for the first time since the US authorities indicted him and his fellow co-founders on charges of financial malpractice.

⚡️ Thailand SEC seeks a directive to regulate and protect crypto investors in the country. Younger people are increasingly investing in digital currencies in Thai, making up to about 500,000 crypto investors.

⚡️ Binance Coin flips Tether to become third-largest crypto by market cap. BNB’s price hit a fresh all-time high of $276 earlier today, with the crypto correcting slightly and trading at $254.

⚡️ Akoin rolled out in $2B medical metropolis in Kenya. Akoin is set to become the exclusive crypto in the city. VYSYN
⚡️ Bahamas launches the first-ever CBDC-linked debit card. Bahamas launched its CBDC three months ago, and now the island has set another milestone, availing its citizens the first-ever CBDC-linked debit card.

⚡️ Cryptopia suffers another hack in the midst of liquidation process. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of another theft incident on February 1, 2021.

⚡️ PrivateFly earned 19% of its revenue in bitcoin. A UK jet charter company has revealed that 20% of its yearly revenues were paid in bitcoin.

⚡️ PancakeSwap flips Ethereum’s Uniswap to become the world’s biggest DEX by volume.

⚡️ Bitcoin becomes 6th most valuable asset in the world with $1 trillion market cap. VYSYN
⚡️ SBI Holdings, Japanese financial conglomerate revealed that it was planning to establish a joint cryptocurrency venture that would serve as one of the company’s key earners.

⚡️ Microsoft co-founder Bill Gates said he has a neutral view towards bitcoin but supports the digitalization of money.

⚡️ Ethereum registered a new ATH at $2000 yesterday and at the time of writing has dipped slightly on the price charts.

⚡️ Banks will be required to work with crypto, e-money and CBDCs to survive. VYSYN
⚡️ Bordier & Cie SCmA, a 134-year-old Swiss bank, has decided to enter the crypto market space. The private bank will incorporate Sygnum’s B2B banking platform to offer Bordier clients the facility to trade Bitcoin.

⚡️ CoinShares will list its shares on Nasdaq First North Growth Market in Stockholm on March 11. The company is currently running a share issue of about 151 million Swedish Krona.

⚡️ Square adds $170 Million more in Bitcoin to balance sheet. The company now holds 5% of total cash reserves in BTC.

⚡️ MicroStrategy buys an additional $1 billion BTC. Firm not ready to pause its Bitcoin investments.

⚡️ Logan Paul sells $3,500,000 in crypto art in just 24 hours through Polkadot-Based Project. VYSYN
⚡️ Dubai Fund sells $750 Million of Bitcoin to buy Cardano and Polkadot. The Dubai-based fund says Bitcoin is “pretty useless” and altcoins like Cardano are a better bet for new investors.

⚡️ The first North American ETF launched by Purpose Group reached another milestone within a week of its public launch as it accumulated over 10,000 Bitcoin from the market until now.

⚡️ Robinhood Crypto records 6 million customers in 2021. Robinhood already sees a boom in crypto trading, as average new monthly users have surged by 15x.

⚡️ MicroStrategy owns 90,531 bitcoins. But this is not the end for Michal Saylor, it is just the beginning, as he doesn’t rule out a future purchase.

⚡️ The Philippine Digital Asset Exchange is recovering from a glitch that enabled some users to buy Bitcoin for about $6,000 per coin. VYSYN
⚡️ NFTs have experienced a boom in adoption. In this VYSYN Ventures Release, we will be identifying some of the developments in the NFT ecosystem that are bringing this technology into the limelight.

⚡️ Bitcoin plunges below $44K as miners capitulate. BTC miners have offloaded massive portions of BTC as its price keeps suffering to a low beneath $44,000, ETH lost 35% since reaching ATH 8 days ago.

⚡️ CoinShares launches a $75 Million physically backed Ethereum ETP. CoinShares has launched an Ethereum ETP on Switzerland’s stock exchange with $75 million in AUM.

⚡️ DeFi Tx Bundler Furucombo hacked for $14 Million. A hacker compromised Furucombo’s proxy smart contract, which enabled them to withdraw ETH and ERC-20 tokens.

⚡️ Cardano’s founder launches RATS pool for ADA staking. VYSYN
⚡️ Rakuten's customers can now use Bitcoin for shopping. Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending.

⚡️ Vitalik Buterin has proposed removing gas refunds from Ethereum. Ethereum’s "SSTORE" and "SELFDESTRUCT" functions allow users to store gas while prices are low. By burning the contract when gas prices are high, they can cover the gas fee.

⚡️ The Central Bank of Nigeria believes the recent ban on cryptocurrencies was in the best interest of the public, and the governor has claimed digital currencies are not legitimate money.

⚡️ Bitcoin is at a ‘tipping point’ in international trade, Citi says. Mainstream adoption is within Bitcoin's grasp, according to Citi analysts.

⚡️ American DJ 3LAU sells the World’s First NFT Collection of a Music Album for $11.6 Million. VYSYN
Despite bearishness across the #crypto markets, 10 coins were above all over the past week. 🚀

Source: CryptoPotato Twitter

#gala #ftm #matic #orn #ar #blockchaintechnology #defi
⚡️ Grayscale bought 80% of all Litecoin mined in February. The digital silver has seemingly found its backers among Grayscale’s accredited and institutional investors.

⚡️ Blockchain sports firm Chiliz to expand in US with $50M investment. Chiliz is setting up a New York office following years of fan token experience in Europe.

⚡️ Crypto dot com to sponsor Aston Martin's Formula 1 team. Crypto dot com's logo to appear on Aston Martin F1 cars in the 2020–2021 season.

⚡️ FD7 Ventures has now launched a $250M Micro-Fund in India to invest in projects building on Cardano and Polkadot.

⚡️ Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs. VYSYN
⚡️ Kraken seeks $20 Billion valuation in new funding round. Kraken engaged in an aggressive fundraising push that seeks to double the $10 billion valuation the company earlier sought.

⚡️ Bloomberg Terminal adds price data for Chainlink and 5 other coins. Institutional investors can now track a wider variety of cryptocurrencies on the Bloomberg Terminal.

⚡️ Crypto Cashback App Eco raises $26 Million in funding round led by Andreessen Horowitz. Eco might be new, but it got some big names already singing its praises.

⚡️ Major Ethereum gas fee overhaul EIP-1559 scheduled for July. Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled.

⚡️ John McAfee indicted for crypto pump and dump schemes, illegal ICO promotion. VYSYN
⚡️ Two proven incubators join forces to guide a budding blockchain project with immense potential.

⚡️ Celsius Network valued at $3.1B following independent review. Celsius is expected to grow its assets under management by 25% annually through 2025.

⚡️ Trading of NFTs is booming in the crypto verse. The top 3 NFT marketplace had a combined trading volume of $342 million in February.

⚡️ Burned Up Banksy NFT just sold for $382k. The painting's burning is a powerful symbol of people's growing belief in non-fungible tokens.

⚡️ Hong Kong-listed Meitu bought $40M worth of Bitcoin and Ethereum. VYSYN
⚡️ Rakuten's customers can now use Bitcoin for shopping. Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending.

⚡️ Vitalik Buterin has proposed removing gas refunds from Ethereum. Ethereum’s "SSTORE" and "SELFDESTRUCT" functions allow users to store gas while prices are low. By burning the contract when gas prices are high, they can cover the gas fee.

⚡️ The Central Bank of Nigeria believes the recent ban on cryptocurrencies was in the best interest of the public, and the governor has claimed digital currencies are not legitimate money.

⚡️ Bitcoin is at a ‘tipping point’ in international trade, Citi says. Mainstream adoption is within Bitcoin's grasp, according to Citi analysts.

⚡️ American DJ 3LAU sells the World’s First NFT Collection of a Music Album for $11.6 Million. VYSYN
⚡️ MicroStrategy bought 262 more Bitcoins for $15 Million. The NASDAQ-listed cloud technology provider, MicroStrategy, continues with its DCA strategy by purchasing 262 more bitcoins worth $15 million.

⚡️ $69 Million Beeple Art Buyer revealed as NFT Whale Metakovan. Pseudonymous NFT investor Metakovan was behind the $69 million purchase of a digital artwork from Beeple, per Christie's.

⚡️ Badger DAO to acquire Badger dot com domain for $300,000. Badgers now have a new home: the DeFi protocol has purchased the badger dot come domain for a tidy $300,000.

⚡️ Atari partners with DeFi Site Bondly for Gaming NFTs. The 80s video games company is putting NFTs at the center of its new Atari Metaverse gaming platform.

⚡️ Grayscale interested in applying for a Bitcoin ETF when regulators give strong signal. VYSYN
⚡️ Sam Bankman-Fried’s FTX to purchase Miami Heat arena naming rights. Last purchased for $2 million per year, the naming rights will mark a crypto first among major American sports leagues.

⚡️ Luxury hotel group Kessler Collection is allowing all its customers to pay for their hotel rooms with various cryptocurrencies such as bitcoin, bitcoin cash, Ethereum and Dogecoin.

⚡️ Bitcoin price hits $60K after bulls push through a key resistance cluster. Bitcoin price finally pushed through a tough resistance cluster to secure a new all-time high at $60,000.

⚡️ The valuation of the popular crypto lending platform, BlockFi, has reached $3 billion after the company raised $350 million in a Series D fundraising round.

⚡️ Elon Musk wants the leading US exchange, Coinbase, to list Dogecoin. Such a listing is expected to make the cryptocurrency more accessible to the public. VYSYN
⚡️Bitcoin Loses Steam After Briefly Touching $60K

⚡️The US Government Sold Some Bitcoin – And the Winning Bidder Got a Bargain

⚡️ Lindsay Lohan Partners With Justin Sun to Release NFTs on Tron

⚡️ Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

⚡️ Coinbase registers 114.9 million shares ahead of direct Nasdaq listing
⚡️ PowerKee updates community about Development. Latest Bastion of Privacy released today. PowerKee is a full privacy eco system which will launch with a live mainnet and a native token at a market cap of $85K.

⚡️ The central bank of Japan is set to begin experimenting with its central bank digital currency later this year, following the lead of China and other countries.

⚡️ Deutsche Bank says Bitcoin too big to ignore after shattering $1,000,000,000,000 market cap.

⚡️ American Footballer Patrick Mahomes’ NFT Collection rakes in $3.7 Million.

⚡️ Coinbase delays its public listing on Nasdaq after CFTC’s $6.5 million fine.

⚡️Morgan Stanley plans to offer bitcoin access to wealthy clients
Bank of America becomes bullish on DeFi

⚡️ SBI Crypto's bitcoin mining pool goes public

⚡️Latin America gets its first bitcoin ETF

⚡️ Sotheby’s enters NFT world through collaboration with digital artist Pak
Cryptocurrencies are digital tokens, they are not physical coins or cash.

They are a type of digital money that allows people to make payments directly to each other through an online system.

They were set up to allow person-to-person transactions without the need for banks.

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There are more than 1300 with the most well-known of these is Bitcoin.

Just as there are many different traditional currencies in the world (Euro, Japanese Yen), there are many different cryptocurrencies.

The Blockchain provides a record (or database) of every Bitcoin transaction that has ever happened, and it is available for anyone to see and update on a public network (this is often referred to as a ‘distributed ledger’).

The Bitcoin system uses blockchain technology to record transactions and the ownership of bitcoins.

Each time a transaction occurs, it forms part of a new block that is added to the chain.

This is basically technology that connects groups of transactions (blocks) together over time (in a chain).