Alexander Bowring

Blog Info FullyCrypto
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Stats Has written 164 posts about cryptocurrency

Dec 09 2021

Visa: Crypto Awareness is “Almost Universal”

Reading Time: 2 minutes Global crypto awareness is at record levels and investor demand for digital assets is overwhelming, according to a report by Visa. "We see almost universal awareness of cryptocurrency at 94% globally among adults," the survey said....

Dec 08 2021

Over 25% of Americans Now Own Bitcoin

Reading Time: 2 minutes Nearly one in four Americans hold BTC, up by 13% on a year-over-year basis, according to a report by Grayscale Investments. Over the past 12 months, more than 50% of new investors acquired BTC, and 66% of them have held onto it. Nearly 80% of...

Dec 07 2021

Just 28% of NFTs Purchased During Minting Result in Profit

Dec 07 2021 Published at FullyCrypto under tags  cryptocurrency nft nft news

Reading Time: 2 minutes Data by the leading NFT marketplace OpenSea reveals that only 1 in 4 NFTs purchased during minting lead to a profit. On the other hand, 65% of NFTs traded in the secondary markets provide their owners with a profit. "NFTs are far from a...

Dec 03 2021

Worth Over $90B, Is CZ the World’s Richest Ethnic Chinese?

Reading Time: 2 minutes Binance CEO and founder Changpeng Zhao (CZ) might be the richest ethnic Chinese alive, according to speculation by Caijing magazine. CZ owns a 30% stake in Binance, which is valued at $300 billion. Some argue CZ's net worth might actually...

Nov 30 2021

Buterin Proposes EIP-4488, Short-Term Fix for ETH Gas Fees

Reading Time: 2 minutes Vitalik Buterin has proposed a new Ethereum Improvement Proposal (EIP) to address the network's high gas fee problem. EIP-4488 aims to add a new limit on the total transaction calldata to reduce transaction costs. Some Ethereum devs warn...

Nov 26 2021

Coinbase Acquires Wallet Startup BRD, Inks Deal With Adidas

Nov 26 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Coinbase has acquired the mobile crypto wallet startup BRD, and has signed an obscure deal with giant sportswear firm Adidas. "The BRD team will be joining Coinbase Wallet to help accelerate web3 adoption," Coinbase said. Adidas and...

Nov 25 2021

Pokemon GO Developer to Launch Bitcoin-Hunting AR Game

Reading Time: 2 minutes Bitcoin rewards app Fold is developing a new augmented reality (AR) Bitcoin-hunting game in partnership with Pokémon Go developer Niantic. The game will enable users to hunt for Bitcoin rewards while exploring the real world. Called Fold AR,...

Nov 23 2021

FCA to Spend £500,000 on “Crypto Terrorism” Training

Nov 23 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes The UK’s Financial Conduct Authority (FCA) is asking crypto experts to train its staff on the risks faced by “financial terrorism.” The watchdog has dedicated a £500,000 ($670,000) fund to onboarding crypto experts. Crypto-related ransomware...

Nov 22 2021

DeFi Users Have Lost More Than $12 Billion to Fraud to Date

Nov 22 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news defi

Reading Time: 2 minutes DeFi users have cumulatively lost more than $12 billion to hacks and exploitations to date, $10.5 billion of which came in 2021. The majority of decentralized protocols practice poor cybersecurity measures, according to Elliptic. More than 70% of...

Nov 21 2021

Indian Prime Minister Warns Bitcoin Could Spoil Youth

Nov 21 2021 Published at FullyCrypto under tags  bitcoin bitcoin news cryptocurrency

Reading Time: 2 minutes Indian Prime Minister Narendra Modi has once again left the crypto world bemused, arguing that Bitcoin could spoil youth. Modi said that “democratic nations should work together on cryptocurrency to ensure it does not end up in the wrong hands.”...

Nov 20 2021

Time Magazine Partners With Galaxy Digital to Promote Metaverse

Nov 20 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Time Magazine has pledged to produce metaverse-related content as part of a new deal with Galaxy Digital. The magazine will also hold Ether on its balance sheet, becoming the first major media company to do so. “Before we can build the metaverse,...

Nov 18 2021

KuCoin Dedicates $100M to Support Metaverse Projects and Education

Nov 18 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Singapore-based cryptocurrency exchange KuCoin has pledged to invest $100 million on metaverse-related projects and education. The fund will be used to promote early-stage projects in the metaverse. "As the next chapter of the Internet,...

Nov 17 2021

Brave Browser Rolls Out Built-In Crypto Wallet

Reading Time: 2 minutes The privacy-focused browser Brave has launched a native cryptocurrency wallet, ousting its MetaMask-based wallet extension. Brave Wallet will allow users to store, trade, and swap their crypto holdings from one single platform. "In 2022,...

Nov 15 2021

NFTs Could Rival the Entire Crypto Market, Says Coinbase CEO

Nov 15 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news nft

Reading Time: 2 minutes Coinbase CEO Brian Armstrong believes the market for NFTs could rival or even outperform the company's entire crypto market. NFTs are "going to be a very large area for crypto in the future, and it already is today," said Armstrong....

Nov 12 2021

New Research Claims NFTs are the Future of Gaming

Nov 12 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news nft

Reading Time: 2 minutes The majority of game developers are considering using NFTs and blockchain for their upcoming titles, a recent survey reveals. “We commissioned this research to solidify what we already assumed — that blockchain and NFTs are the future of video...

Nov 10 2021

Activate Believes Crypto and NFTs Will Go Mainstream by 2022

Nov 10 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news nft

Reading Time: 2 minutes Activate Consulting expects crypto and NFTs to undergo significant growth in the near future, becoming mainstream by 2022. The firm speculated that the number of consumers trading crypto will double in the next 12 months. "We believe that...

Mastercard to Launch Crypto Cards in Asia Pacific

Nov 10 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Giant payment firm Mastercard will enable residents of the Asia Pacific to convert digital assets into fiat currencies using credit cards. Mastercard has teamed up with crypto companies Amber Group, Bitkub, and CoinJar. In a survey, Mastercard...

Nov 09 2021

Bitcoin’s Taproot Update to go into Effect This Week

Reading Time: 2 minutes The much-anticipated Bitcoin update Taproot is poised to go into effect in 761 blocks, or an estimated 5 days. The update will enhance transaction privacy and efficiency for Bitcoin. Developers are generally optimistic about Taproot....

Nov 08 2021

Galaxy Digital Owns a CryptoPunk, Aims to Create an NFT Collection

Nov 08 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news nft

Reading Time: 2 minutes Galaxy Digital has acquired CryptoPunk 8466, the first item in its newly launched NFT collection. "We started a $GLXY NFT collection," Novogratz tweeted on Friday, confirming that they have "bought a punk!" Novogratz...

New York and San Francisco Lead Crypto Hires in the US

Nov 08 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Crypto hires are well-dispersed around the US, implying that there is no major single crypto hub in the country. New York, San Francisco, and Los Angeles account for the largest shares, with Miami and Chicago metropolitan areas coming up next....

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