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<ul class="summary-list"><li><keyword id="5294933" type="UNKNOWN" weightage="60" keywordseo="cardano" source="Orion">Cardano</keyword> founder <keyword id="12003782" type="UNKNOWN" weightage="60" keywordseo="charles-hoskinson" source="Orion">Charles Hoskinson</keyword> recently sat down with Insider for an interview.</li><li>He discussed a wide range of topics from the future of DeFi, to what he called "bitcoin maximalism".</li><li>The cardano network is one of the fastest growing blockchains and can now carry smart contracts.</li></ul>Cardano founder Charles Hoskinson believes no one blockchain will dominate the <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> sector, but rather, there will be an "<a href="https://markets.businessinsider.com/news/currencies/cardano-smart-contracts-charles-hoskinson-blockchains-alonzo-polkadot-ethereum-2021-9">internet of blockchains</a>." The network recently underwent a major <a href="https://markets.businessinsider.com/news/currencies/cardano-smart-contracts-charles-hoskinson-blockchains-alonzo-polkadot-ethereum-2021-9">upgrade</a> that gave it the ability to host <a href="https://markets.businessinsider.com/news/currencies/cardano-ada-alonzo-upgrade-defi-smart-contracts-charles-hoskinson-2021-9">smart contracts</a> and other applications like non-fungible tokens.Its native ada token has gained nearly 1,250% this year, and is now the <a href="https://markets.businessinsider.com/news/currencies/crypto-adoption-africa-surged-1200-avoided-banks-exchanges-chainalysis-2021-9">third-largest </a>by market capitalization, behind bitcoin and ether. Hoskinson recently spoke with Insider about the key alonzo network upgrade, the future of decentralized finance and how smaller blockchains like cardano haven't yet seen the benefits of institutional investors jumping on the crypto bandwagon. He covered a variety of subjects, ranging from maximalism in the crypto space, welcomed more "quality standards" for networks and even spoke about his upcoming tour in Africa - the world's third fastest growing crypto economy. <h2>Here are the 10 best quotes, lightly edited for clarity: </h2><ol><li>"Unfortunately in our industry, there's a great degree of maximalism if you go and talk to a bitcoin person, they are like: 'bitcoin is the only truth and everything else is a sh*t coin'."</li><li>"The other thing is DeFi needs to turn into 'real-fi' and needs to grow up, so that means it needs governance and true decentralization."</li><li>"It needs to have metadata standards, it needs to have quality standards, it needs to have real customers, it needs to have identity built in, all these types of things." - on what decentralized finance needs to mature.</li><li>"What's great about cryptocurrencies - they're divorced from humanity in this respect."</li><li>"It's not necessarily about who's cheapest right now, it's about variance." - on discussing transaction fees on different crypto networks. </li><li>"(I am going to) go right to Africa, and we're going to South Africa, we're going to Tanzania, Zanzibar, Burundi, Ethiopia, Kenya and Egypt and we're meeting five heads of state." - on his upcoming tour of Africa, where crypto adoption has soared 1,200% in a year. </li><li>"This (funding) round (raised) $4 million - we think over 50,000 participated, and - that engine keeps growing." - on Cardano's latest funding efforts.</li><li>"Almost all the growth has been like bitcoin - organic, and it didn't have some centralized driving force that was doing market-making deals behind the scenes. Now that was a double-edged sword, it meant it took a hell of a lot longer for us to get listed on Coinbase." - on the challenge of purely organic growth.</li><li>"(Institutional investors) tend to only buy bitcoin - but they're starting now to use utility impact, environmental concerns and other things as investment criteria, which excludes bitcoin." - on investor reservations over bitcoin.</li><li> "So then they have to move down the line and actually have to go with proof of stake systems and we're the largest. So we think we should get the lion's share of those allocations." - on cardano's edge over its competitors.</li></ol>

Cardano founder Charles Hoskinson discusses 'bitcoin maximalism', how DeFi needs to turn into 'real-fi' and his plans for digital transformation in Africa in a recent interview. Here are the 10 best quotes

<ul class="summary-list"><li>The <keyword id="105472" type="General" weightage="60" keywordseo="us-treasury" source="Orion">US Treasury</keyword> does everything in its power to kill <keyword id="2721952" type="General" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword>, according to <keyword id="5294933" type="General" weightage="60" keywordseo="cardano" source="Orion">Cardano</keyword> founder <keyword id="4783377" type="General" weightage="60" keywordseo="charles-hoskinson" source="Orion">Charles Hoskinson</keyword>.</li><li>Hoskinson was speaking in South Africa for a pan-African tour that started last week. </li><li>"A $2 trillion industry just pops up in our backyard, and my government's trying to kill it," he said. </li></ul>The US Treasury Department is doing all it can to shut down crypto assets, Cardano founder Charles Hoskinson said late last week during a tour of Africa. He kicked off an event in Cape Town, South Africa, by saying he is not discouraged by the Treasury's efforts to limit the growing <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=article-editorial">crypto community</a>. Regulators have been scrutinizing the crypto industry more closely to safeguard against money<a href="https://markets.businessinsider.com/news/currencies/binance-insider-trading-investigation-traded-customer-orders-intensifying-us-probe-2021-9"> laundering</a>, exploitation of investors, ransomware attacks, <a href="https://markets.businessinsider.com/news/currencies/cryptocurrencies-95-fraud-hype-noise-confusion-neelcoin-fed-neel-kashkari-2021-8">fraud</a> and<a href="https://markets.businessinsider.com/news/currencies/imf-crypto-warning-risks-disappearing-coins-volatile-stablecoins-cbdc-2021-10"> disappearing</a> coins. "In DC, the Treasury Department does everything in its power to try to kill our industry," Hoskinson said in a chat with the Cape Innovation and Technology <a href="https://www.youtube.com/channel/UCkPukeyUiKb2LWpFcJZp-iQ">Initiative</a>, part of a tour that started last week. "A $2 trillion industry just pops up in our backyard, and my government's trying to kill it." Market players are looking for regulatory clarity in the growing <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=article-editorial">crypto space</a>. Authorities around the world have stepped up their scrutiny of bitcoin and the like as they have gained in adoption and value. Cardano's ada, for example - the fourth biggest cryptocurrency with a <a href="https://coinmarketcap.com/">market capitalization</a> of over $70 billion - has surged by more than 2,000% since the start of 2021, according to Binance data. <keyword id="2420795" type="General" weightage="60" keywordseo="cryptocurrencies" source="Orion">Cryptocurrencies</keyword> have also long been attractive for criminals, given that they're decentralized and ownership is difficult to track. The Treasury, which is responsible for maintaining systems critical to US financial infrastructure, blacklisted its first crypto exchange in late September. The agency said it would sanction Russian-owned Suex for its role in laundering financial transactions for <a href="https://markets.businessinsider.com/news/currencies/us-treasury-crypto-exchange-suex-sanction-blacklist-ransomware-attack-payment-2021-9">ransomware</a> actors, saying 40% of the exchange's transactions were tied to illicit activity. Most recently, the Treasury has joined a chorus of voices calling for crypto companies to be at the forefront of helping stop ransomware payments that are not easily traced on the blockchain. But Federal Reserve Chairman Jerome Powell clarified that he had no intention of <a href="https://markets.businessinsider.com/news/currencies/cryptocurrency-regulation-sec-gary-gensler-coinbase-fed-ban-powell-2021-10">banning </a>crypto in late September.

Cardano founder Charles Hoskinson says the US Treasury does ‘everything in its power to kill’ crypto

Following in the footsteps of <keyword id="362216" type="General" weightage="20" keywordseo="megastar-amitabh-bachchan" source="Orion">megastar Amitabh Bachchan</keyword> who took the decision to launch his non-fungible token (<keyword id="4668945" type="General" weightage="80" keywordseo="nft" source="Orion">NFT</keyword>) collection, Bollywood star <keyword id="6354583" type="General" weightage="80" keywordseo="salman-khan" source="Orion">Salman Khan</keyword> too has announced the launch of his NFT collection on social media. Salman took to Instagram on Wednesday where he made the announcement of the launch of his own collection of NFTs that will be available on <keyword id="12303548" type="General" weightage="80" keywordseo="bollycoin" source="Orion">BollyCoin</keyword>. BollyCoin is a dedicated, Bollywood-themed NFT started by filmmaker-actor Atul Agnihotri. It allow fans to invest in clips and stills from films, iconic dialogues, posters, unseen footage, and social media content and merchandise from film personalities. Salman shared a set of pictures of himself on Instagram and wrote: "Aa raha hoon main, NFTs leke (I am coming with NFTs). Salman Khan Static NFTs coming on @bollycoin. Stay tuned, bhai log! www.bollycoin.com#BollyCoin #NFTs #ComingSoon." According to bollycoin.com, the platform has partnered with prominent production houses which such as Salman Khan Films, Arbaaz Khan Productions, Sohail Khan Productions, and Reel Life Productions. Going by the website of BollyCoin, it states that the presale and auction will go live from October 2021. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/investment/news/cardano-may-need-africa-more-than-africa-needs-cardano-as-the-defi-battle-heats-up/articleshow/87013141.cms">Cardano may need Africa more than Africa needs Cardano as the DeFi battle heats up</a>

After Amitabh Bachchan, Salman Khan also set to launch his NFT collection with BollyCoin

Infectious disease experts are keeping a close eye on an even more contagious version of the <keyword id="12617922" type="General" weightage="20" keywordseo="Omicron-variant" source="Orion">Omicron variant</keyword> spreading in the <keyword id="6354458" type="General" weightage="20" keywordseo="US" source="Orion">US</keyword>, fuelling concerns that the country may not return to normal, said a media report. The virus, known as BA.2, is a strain of the highly contagious <keyword id="1609796" type="General" weightage="100" keywordseo="omicron" source="Orion">Omicron</keyword> variant that appears to spread 30 per cent more easily, Xinhua news agency quoted the report by <keyword id="199299" type="General" weightage="20" keywordseo="national-public-radio" source="Orion">National Public Radio</keyword> (NPR). BA.2 is found to have quickly overtaken the original Omicron strain in South Africa and other countries and has even caused a second surge of the variant in Denmark. Researchers cautioned the same could happen in the US, raising fears that the spread "may be on track to rapidly accelerate in the near future", according to the report. As of Wednesday morning, the US continues to be the worst-hit country with the world's highest number of cases and deaths at 78,642,385 and 938,938, according to the <keyword id="210763" type="General" weightage="20" keywordseo="johns-hopkins-university" source="Orion">Johns Hopkins University</keyword>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/apple-car-to-reportedly-feature-autopilot-tech-co-developed-with-a-south-korean-company/articleshow/89763976.cms">Apple Car to reportedly feature autopilot tech co-developed with a South Korean company</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/bitcoin-ethereum-cardano-and-others-gain-on-dip-buying/slidelist/89763286.cms">Bitcoin, Ethereum, Cardano and others gain on ‘dip buying’</a>

More contagious version of Omicron spreads in US, according to media report

<ul class="summary-list"><li><keyword id="11893902" type="UNKNOWN" weightage="60" keywordseo="bitcoin" source="Orion">Bitcoin</keyword> lost 8% Friday to touch its lowest level in two months, as cryptos fell across the board.</li><li>The discovery of a new, potentially vaccine-resistant COVID-19 variant drove investors to dump riskier assets.</li><li>Metaverse-linked coins plunged, reversing a recent rally, as sand dropped 4.2% and mana lost 10.8%. </li></ul><a href="https://markets.businessinsider.com/currencies/btc-usd">Bitcoin</a>, <a href="https://markets.businessinsider.com/currencies/eth-usd">ether</a> and metaverse-linked coins <a href="https://markets.businessinsider.com/currencies/mana-usd">mana</a> and sand were all knocked down in a broad-based <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> sell-off Friday as worries about the impact of a new COVID-19 variant prompted investors to sell riskier assets. Leading cryptocurrency bitcoin fell 7.5% in 24 hours to hit $54,079 at 08:50 a.m. ET, according to CoinMarketCap data. But it was paring losses logged earlier, when it dropped to $53,625 — its lowest level since October 10. The token is now on track for its biggest one-day drop in two months.Scientists in South Africa said Thursday they had detected a <a href="https://www.businessinsider.com/scientists-track-covid-variant-high-number-mutation-botswana-south-africa-2021-11">new COVID-19 variant</a>, number B.1.1.529, that could be more transmissible and more resistant to current vaccines. In response, the <a href="https://www.businessinsider.com/uk-travel-ban-variant-in-african-countries-b11529-11">UK suspended flights</a> from six southern African countries and the <a href="https://www.businessinsider.com/europe-considers-southern-africa-flight-ban-new-coronavirus-variant-2021-11">EU said it is considering</a> a similar flight ban. The World Health Organization plans to hold a special meeting on the situation Friday, having already warned about the surge in global coronavirus cases earlier in the week.The moves spurred fears about new anti-pandemic restrictions and their impact on economic growth, which <a href="https://markets.businessinsider.com/news/stocks/stock-markets-today-futures-south-africa-covid-variant-rand-gold-2021-11">rattled global stock markets</a> as investors sought shelter in less risky assets. That tone was reflected in crypto <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword>, analysts said."Today's move shows that digital assets are susceptible to risk aversion hitting traditional markets," Freddie Evans, sales trader at digital asset broker <a href="https://www.globalblock.co.uk/">GlobalBlock</a> told Insider in an emailed note. "We have seen major global indices and other risk assets being hit over concern around the emergence of a new Covid variant in South Africa, which has in turn impacted bitcoin, causing $300 million to be liquidated within one hour," he said.Meanwhile, <keyword id="11892696" type="UNKNOWN" weightage="60" keywordseo="ethereum" source="Orion">ethereum</keyword>'s native token <keyword id="11896271" type="UNKNOWN" weightage="60" keywordseo="ether" source="Orion">ether</keyword> sank 9.5% in 24 hours to $4,027.06, but was also pulling back from a bigger loss. Earlier, it fell to $3,933, its lowest level since October 24. Among altcoins, solana's sol was down 10.8%, polkadot fell 12.5%, and cardano's ada lost 9.6% on the last 24 hours. As for meme coins, dogecoin shed 8.2%, while shiba inu fell 1.6%, according to CoinMarketCap data.Metaverse-linked tokens also took a hit, coming off gains logged this week on the back of <a href="https://markets.businessinsider.com/news/currencies/metaverse-crypto-tokens-rise-sandbox-launch-virtual-land-sales-decentraland-2021-11">positive news</a> such as digital property selling for <a href="https://markets.businessinsider.com/news/currencies/metaverse-crypto-digital-land-sold-axie-infinity-nft-decentraland-2021-11">millions of dollars</a>. Gaming platform Sandbox's sand token fell 2%, while virtual real estate provider Decentraland's mana token dropped 6.3%, according to CoinMarketCap. Despite the across-the-board declines for cryptocurrencies, not all market watchers were downbeat about the outlook for prices."For us at 21Shares, the fundamentals of the crypto verticals have not changed. We see the pace of innovation keeps moving forward and at an accelerated level," Eliézer Ndinga, research lead at the digital asset manager, said.

Bitcoin slides, metaverse coins hammered as fears about new COVID variant drive investors to dump crypto

<ul class="summary-list"><li>Bitcoin and ether bounced back on Monday, recovering somewhat after Friday's steep sell-off. </li><li>A small decentralized reserve token known as "omicron" surged as focus on the new COVID-19 intensified. </li><li>South Africa detected the "omicron" variant of Covid-19 last week, initially sparking a sell-off in <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword>.</li></ul> <ul class="summary-list"></ul><keyword id="11895317" type="UNKNOWN" weightage="60" keywordseo="cryptocurrencies" source="Orion">Cryptocurrencies</keyword> staged a sharp recovery on Monday, bouncing back from the steep sell-off late last week, when the "Omicron" variant of COVID-19 emerged, spooking investors and pummelling financial <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword>. Meanwhile, a mysterious token with the same name as the new variant surged in value.Bitcoin rose 4.8% in 24 hours to stand at $57,136.17 by 07:52 a.m. ET Monday, having fallen by as much as 8% at one point on Friday, according to CoinGecko. Ether rose 5% in 24 hours to stand at $4,313.26, recovering from Friday's 11% drop. The Omicron variant was first detected in South Africa last week. Since then, cases have begun to emerge in a number of countries outside the region and a number of governments including the UK and Israel have scrambled to restrict certain travel. News of the variant on Friday hit risk assets including crypto, as investors rushed for the safety of the likes of gold. News that the Omicron variant was more transmissible sparked concerns last week. The South African doctor who first spotted the new covid variant, told the <a href="https://www.bbc.co.uk/news/av/uk-59450988">BBC </a>Sunday patients who had caught it had "extremely mild symptoms" but more time would need to pass until it is clear how the disease will impact vulnerable people. By Monday, with still little in the way of hard evidence as to how easily transmissible the variant was, investors reassessed the threat omicron may pose to the economy and edged back into cryptocurrencies and stocks."Like gold, Bitcoin is being used as a hedge against global uncertainty in the world," Adrian Pollard, ​​Chief Product Officer to HollaEx, a crypto exchange software company, told Insider.In the meantime, a little-known decentralized <a href="https://docs.omic.finance/">reserve currency</a> named omicron surged by almost 70% on the day and by 900% on the week, as trader focus on the new COVID-19 intensified. According to the developers' website, the token is backed by a basket of assets that includes stablecoin USDC and is only listed on SushiSwap."Omicron is a clear sign of a bubble, and while it might be a good way to make a quick return, it is not a good buying option for the long term investors," Freddie Evans, Sales Trader at UK based digital asset broker <a href="https://www.globalblock.co.uk/">GlobalBlock</a> told insider. "With the founders of the coin being unknown, it is also at risk of a rug pull, the likes of which we saw with Squid Game coin last month," he said. In a rug pull, the developers abandon a project and take the proceeds. The most recent example was the <a href="https://markets.businessinsider.com/news/currencies/the-squid-game-token-scam-website-socials-offline-coingecko-crypto-2021-11">Squid Game token,</a> whose creators <a href="https://www.bbc.co.uk/news/business-59129466#:~:text=This%20kind%20of%20scam%20is,according%20to%20technology%20website%20Gizmodo.">ran away </a>with an estimated $3.38 million after having pumped the token up. "We have a list of criteria that we check against for all cryptocurrencies that request for listings. We don't publish the exact criteria otherwise it will be gamed. Omicron passes the criteria and hence it is listed," Bobby Ong co-founder of CoinGecko said. According to its website the omic token already existed before the emergence of the omicron variant last week. CoinGecko has been tracking it since November 11. The coin has a <a href="https://omic.finance/">website</a>, <a href="https://twitter.com/OmicDAO">twitter </a>account and <a href="https://discord.com/invite/EAdCtsRTxs">discord </a>account. But little else is known about it."Another risk is associated with the fact that such coins are traded on decentralized exchanges, where no one checks the source of their origin, which means that they can vanish as quickly as they appear," Lei Wang, Co-founder &amp; CEO of Kine Protocol, decentralized derivatives trading platform, told Insider. Other more popular altcoins like solana's sol rose by 7.6%, while cardano's ada climbed by 3.5%. Metaverse tokens such as Decentraland's mana rose 5% and Sandbox's sand jumped 8% Monday.

Cryptocurrencies recover from last week's sell-off as traders mull the impact of a new variant, while little-known 'omicron' coin soars

<ul class="summary-list"><li>Shiba inu rallied 28% on Tuesday, bucking a wider <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> sell-off, after Kraken listed the coin. </li><li>The dogecoin-inspired token is now tradable on Kraken against the US dollar and euro. </li><li>Separate data showed a "SHIB whale" bought 24.8 billion tokens for about $1 million.</li></ul>The dogecoin-inspired <keyword id="11892695" type="UNKNOWN" weightage="60" keywordseo="cryptocurrency" source="Orion">cryptocurrency</keyword> shiba inu rallied close to 30% on Tuesday after Kraken, one of the largest exchanges, listed the coin. The meme coin had gained 28.2% in 24 hours to stand at 0.00005022 by 7:03 a.m. ET, according to CoinGecko data. Shiba inu started in August 2020 as almost a copycat coin to dogecoin, the original meme cryptocurrency, and has grown about 80,000 times in value this year, making it one of the crypto stars of 2021.Before Kraken's announcement late on Monday, the coin had come under pressure along with other <a href="https://markets.businessinsider.com/news/currencies/bitcoin-crypto-ether-metaverse-solana-cardano-slide-covid-variant-fears-2021-11">cryptocurrencies</a> including bitcoin, which slid as concern grew over the economic impact of the Omicron coronavirus variant that was first identified in southern Africa late last week.Kraken <a href="https://markets.businessinsider.com/news/currencies/shiba-inu-altcoin-kraken-exchange-listing-gemini-public-etoro-2021-11">announced</a> in a blog post Monday it would start offering shiba inu the following day. The coin is now tradable against the US dollar and the euro, and the minimum tradable amount is 50,000 shiba inu.The exchange teased earlier this month that it would <a href="https://markets.businessinsider.com/news/currencies/kraken-list-meme-coin-shiba-inu-shib-army-dogecoin-twitter-2021-11?utm_medium=ingest&amp;utm_source=markets">list</a> the coin on November 2 if its Twitter post got 2,000 likes. The post garnered 60,000 likes, but Kraken backed down from its pledge, saying it was moving "through its listing process," prompting a <a href="https://markets.businessinsider.com/news/currencies/kraken-list-meme-coin-shiba-inu-shib-army-dogecoin-twitter-2021-11?utm_medium=ingest&amp;utm_source=markets">backlash</a> from shiba inu fans.The shiba inu community has been anticipating the coin's listing on exchanges, and people have even made a petition for the retail-trading platform Robinhood to list the coin. The petition now has over 540,700 <a href="https://www.change.org/p/robinhood-convince-robinhood-they-will-prosper-if-they-list-shiba-inu-coin">signatures</a>. "Shiba Inu is a classic meme token, so we can expect rapid ups and downs of its price, as well as fluctuations with huge amplitude," said Zach Horn, vice president at ADAcash, a reward-staking project for the cardano network. "The further price of the coin will be influenced by several factors at once, one of which is listing on large exchanges, such as Robinhood. If they support shiba, then we may see new price records."However, there is a great risk that exchanges will be under pressure from regulators, whose position in relation to such coins is usually prohibitive," Horn added.Aside from Kraken's decision to list shiba inu, a crypto whale nicknamed Gimli bought 24.8 billion SHIB tokens Monday in a purchase worth about $1 million, according to <a href="https://twitter.com/WhaleStats/status/1465467938832584706?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1465467938832584706%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fshiba-inu-price-soars-as-whale-buys-25-billion-shib-tokens">Whale Stats</a>. The wallet now holds 273.9 billion shiba inus valued at about $13.8 million. The last time shiba inu hit a record high, it was revealed that a whale had <a href="https://markets.businessinsider.com/news/currencies/shiba-inu-coin-price-crypto-whale-buys-277-billion-tokens-2021-10">purchased</a> 276.6 billion in tokens. Not long after, the coin lost a fifth in value in one day, after data showed the second-biggest shiba inu whale moved $2.3 billion worth of tokens out of their wallet <a href="https://markets.businessinsider.com/news/currencies/shiba-inu-price-whale-falls-14-large-wallet-23-billion-shibarmy-2021-11">earlier</a> in November, prompting concern about the high concentration of coins in very few hands.But the risk from large holders could be smaller than many fear, Horn said."I believe that the risk of massive coin draining by whales is exaggerated. Historically, large investors are more patient than retail traders and invest for a long time," he said.

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Cardano founder Charles Hoskinson discusses 'bitcoin maximalism', how DeFi needs to turn into 'real-fi' and his plans for digital transformation in Africa in a recent interview. Here are the 10 best quotes

Camomile Shumba

Cardano founder Charles Hoskinson says the US Treasury does ‘everything in its power to kill’ crypto

Camomile Shumba

After Amitabh Bachchan, Salman Khan also set to launch his NFT collection with BollyCoin

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More contagious version of Omicron spreads in US, according to media report

IANS

Bitcoin slides, metaverse coins hammered as fears about new COVID variant drive investors to dump crypto

Camomile Shumba

Cryptocurrencies recover from last week's sell-off as traders mull the impact of a new variant, while little-known 'omicron' coin soars

Camomile Shumba

Shiba inu soars more than 20% after the crypto exchange Kraken's listing, while a SHIB whale scoops up $1 million in tokens

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