The first Bitcoin Futures ETF to be approved by the U.S. Securities and Exchange Commission began trading on Tuesday. It has become the fastest fund ever to reach $1 billion in assets under management (AUM). The previous record-holder was a gold-based ETF with the ticker GLD, which took 3 days to hit $1…
Author: Matthew English
COTI To Issue Djed, Cardano’s First Stablecoin
Among the many announcements to come out of the Cardano Summit 2021 was more information on the first stablecoin coming to the Cardano blockchain. It will be named ‘Djed’, after the pillar-like structure in Ancient Egyptian hieroglyphs that represented stability. Djed will be issued by COTI, a decentralised payment platform that already acts…
Solana Network Back Online After 18 Hours
The Solana Mainnet Beta experienced a denial of service due a large spike in transactions. Engineers across the ecosystem attempted to stabilise the network but were unsuccessful. The validator community decided to coordinate a complete restart of the network. The network is back online again after 80% of the validators restarted and upgraded…
Aurory: Solana’s NFT-based gaming platform
NFTs and Gaming The adoption of Non-Fungible Tokens (NFTs) has rapidly accelerated in recent months. However, the adoption appears to be mostly limited to artwork collections such as CryptoPunks and Bored Ape Yacht Club. The most expensive NFT is currently Beeples ‘Everydays’ which sold for $69 million at auction. The artwork is a…
How To Withdraw From Binance To A UK Bank Account (Step By Step Guide)
Clear Junction, who were the payment processor for Binance’s Faster Payments, announced on 12th July 2021 that they would no longer be facilitating payments related to Binance. One month later and there is still no direct method to withdraw GBP from Binance to your bank account as a UK customer. Fortunately there are…