Visa – the leading payment processing company – has completed the acquisition of CurrencyCloud for a whopping 700 million British pounds, worth around $925 million. In a press release from December 20th, the payment processing mogul Visa announced that it had completed the acquisition of CurrencyCloud. The latter is a platform that allows banks and...Read More
Former US President Donald Trump is no fan of cryptocurrencies, and he is making that known once again. The only currency he wants is the US Dollar. Trump has been a critic of cryptocurrencies for quite some time now, and this outlook isn’t changing anytime soon. Even if the former FLOTUS Melania Trump has warmed...Read More
Xinhua News Agency, a Chinese state-run media company, has revealed that it will soon issue China’s first “news digital collectibles” in the form of non-fungible tokens (NFTs), Xinhua Launches NFT Collection In an official announcement on Wednesday, Xinhua will issue a total of 110,001 copies of unique photographs taken by journalists in 2021. According to...Read More
Opera – a web browser that supports web 3.0 – recently announced a browser integration with Polygon. It will offer Opera users in-browser access to over 3000 dApps on the network. Polygon Dapps on Opera Opera revealed its most recent partnership in a press release on its site earlier today. The browser – which features...Read More
The cryptocurrency exchange giant Binance announced the implementation of a new BNB Auto-Burn mechanism. The aim is to provide greater transparency and predictability to the BNB community. BNB Auto-Burn is also designed to foster the development of a “healthy blockchain ecosystem” together with the Binance Smart Chain (BSC) and Binance Coin (BNB) communities. According to...Read More
SushiSwap is one of the most popular and also veteran decentralized exchanges and automated market makers (AMM). Still, it went through a fair share of infighting in the past couple of months. Now, a community proposal calls for a merger between Sushi and the Bancor Network. A Bit of Context On December 9th, Joseph Delong,...Read More
The funding round will help SPACE Metaverse to develop an economic backbone of Metaverse. Metaverse is the word for 2021. As the concept slowly moves closer to reality, high-profile establishments are betting big on it. Capital is flowing at a rapid pace. In the latest development, SPACE, a metaverse dedicated to arts and commerce, has...Read More
Justin Sun, the founder of the Tron Network, as well as the acting Permanent Representative of Grenada to the World Trade Organization, revealed today that he placed a winning bid for the first seat on Jeff Bezos’ Blue Origin’s Inaugural New Shepard Rocket. According to a press release shared with CryptoPotato, Justin Sun was revealed...Read More
The Universe Island is a third-person action game with NFT features and an underlying storyline. In the Universe Island, players will experience narrative-driven combat, cryptocurrency rewards, and Non-Fungible Token (NFT) equipment progression. The Game Plot The Story takes place in the metaverse, which is divided into islands. Each island represents a game world, like Avatar...Read More
Elon Musk, the world’s richest man and CEO of the electric car manufacturer, Tesla, has recently voiced his lack of support for the ongoing campaign for the metaverse and Web3 ecosystems. Speaking in a recent interview with Babylon Bee, Musk noted that Web3 and metaverse trends are becoming so widespread, but he does not buy...Read More
Bitcoin price may be at stake as it has been trading at crucial levels, pointers kindle panic over plausible death cross. Though the primary asset running green in the charts, the asset needs to pass the challenge of bearish crossover between 20 day and 200-day exponential moving average. Interim, the crossover would further shed the...Read More
El Salvador continues to accumulate BTC, and the country’s president is using different occasions as an excuse to do so, including to celebrate December 21st, 2021. The president of El Salvador, Nayib Bukele – a well-known Bitcoin bull who was the leading figure in turning the cryptocurrency into a government-regulated and recognized legal tender in...Read More
Shiba Inu (SHIB) whales are on the move, and it appears they see the current market conditions as appropriate for adding to their positions. The price has also been increasing in response. WhaleStats – a tracker that follows the 1,000 richest Ethereum addresses and their activity revealed that one whale added 4 trillion SHIB tokens in...Read More
The million trades per day milestone was recorded by blockchain analysis firms Chainalysis and Kaiko. Rampant inflation and a currency devaluing by nearly 40% since September have resulted in citizens flocking to crypto assets to preserve their dwindling savings. According to Reuters, the surge in trading began earlier in the year when the central bank...Read More
Gitcoin’s price is up over 29% making it the biggest gainer on Crypto.com. With a 24-hour trading volume of $129 million and a market cap of $168 million, Gitcoin is making big moves today. Let’s look at Gitcoin and see why the price is rising. What Is Gitcoin? Gitcoin is a community of builders, creators,...Read More
Kraken is stepping up its crypto game. After a successful year, the U.S. exchange decided to close 2021 with the acquisition of Staked, thus expanding its token staking capabilities and generally improving the quality of its services. Staked is a non-custodial crypto staking platform, which facilitates the secure storage of assets while providing attractive yield...Read More
Stronghold Digital Mining purchased over 9000 BTC mining rigs, which will allow it to add roughly 826 petahashes per second (PH/s) to its power generation facilities. The Pennsylvania-based company bought 9080 Bitmain and MicroBT mining rigs, as per an SEC filing on Monday. The announcement is part of Stronghold’s Q3 earnings release on Nov. 30,...Read More
Ren Price is up over 34% today, making it the biggest gainer on Crypto.com. With a 24-hour trading volume of $299 million and a market cap of $652 million, REN has got the market’s attention. Let’s look at Ren and see why the price is rising. What Is Ren? Ren features the RenVM, an open...Read More
