Yield Guild Games – a game community in the play-to-earn field – obtained support from the US cryptocurrency platform Coinbase. The partnership between the two entities should bring more assets available for scholarships. In addition, Coinbase announced it will soon acquire FairX – a CFTC-regulated derivatives exchange. The deal is considered a turning point for...Read More
Meme coins and Metaverse coins continue to dominate crypto markets in 2022, with most trending projects in these sectors seeing significant price gains. This article looks at the top three trending meme coins on CoinMarketCap that gained over 20% in price today, ordered by 24-hour growth, lowest to highest. 3. Baby Floki Billionaire (BabyFB) +23%...Read More
The Swiss National Bank (SNB), together with five other banking giants, have reportedly tested whether they can process central bank digital currencies within the nation’s financial network. The institutions revealed they were able to integrate CBDCs into their existing core banking systems. The Latest CBDC Trial in Switzerland A January 13 coverage by Bloomberg disclosed...Read More
Crypto.com (CRO) and Litecoin (LTC) showed strength as they bounced off the critical support. Whilst CRO plans to drag the traction of a larger audience from the sports and entertainment industry, LTC was whales’ favorite coin in recent times. In general, the crypto market appears to be showcasing a bullish outlook, and these two coins...Read More
Today, crypto markets continue to trade sideways as Bitcoin and Ethereum battle bearish momentum. On the other hand, Metaverse crypto coins are doing well today, with some registering insane gains of over 3000%! This article looks at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour growth, lowest to highest....Read More
Crypto space had managed the situation pretty well as it maintained a notable upswing for the past couple of days. And hence absorbing the bullish trend, the Solana(SOL) price broke through the descending channel the previous trading day. Conversely, the Chainlink(LINK) price after rallying close to the resistance levels is experiencing a notable pullback. Solana(SOL) ...Read More
Through a memo of understanding, Torus King Blockchain IFSC recently partnered with India INX to launch India’s first Bitcoin and Ethereum ETF product. This is the first Bitcoin futures ETF to premier outside of the United States. An Indian Crypto ETF As reported by The Economic Times, the ETF will launch under the International Financial...Read More
The State Bank of Pakistan (the nation’s central banking institution) and the Federal government are reportedly contemplating imposing a complete ban on all cryptocurrency endeavors. The authorities claimed that digital assets are illegal, are not able to facilitate trade activities, and could be used to finance acts of terrorism and launder money. Pakistan to Ban...Read More
The global crypto market is home to a plethora of projects, of which a handful of these projects have been turning heads. The metrics of the protocols have been meritorious at numerous fronts, be it monetary, fundamentals, development, or utility. In succession, Solana has been making it to the spotlight quite often. Solana this time...Read More
Former member of parliament of Tonga, Lord Fusitu’a, revealed that the country’s legal tender bill for Bitcoin is “modeled on” and is “almost identical” to that of El Salvador. Bitcoin and Tonga According to the latest tweets, Lord Fusitu’a hinted at the tentative arrival of Bitcoin as a legal tender for the Pacific island nation...Read More
Payments firm Visa announced a partnership with blockchain software company Consensys to offer an on-ramp for central bank digital currencies (CBDC) to existing payment networks. Visa and ConsenSys Partnership According to the official press release, the end goal is to facilitate CBDC networks to connect to traditional financial service providers seamlessly. With the latest partnership,...Read More
China’s state-backed Blockchain Services Network, which saw the light of day two years ago, plans to launch a new platform supporting non-fungible tokens. However, the nation reaffirmed that it will have nothing to do with cryptocurrencies. It’s no secret anymore that China wants to be as far away from crypto as possible, evident from the...Read More
Creditworthiness checks may soon be a thing in the crypto lending arena following plans by TransUnion and Spring Labs to introduce credit scores as part of the latter’s Digital Passport for obtaining digital asset loans. Credit Score System Introduced In Crypto Lending Market The Wall Street Journal reported that TransUnion, a major consumer credit reporting...Read More
Another miner using measurably less hashrate compared to big mining operations defied astronomical odds and managed to mine a block on Bitcoin’s network, pocketing the 6.25 BTC reward, currently worth slightly more than $270K. This Tuesday, as reported by CryptoPotato, an individual or an organization with a computing power of just 126 terahashes per second managed to...Read More
Metaverse Crypto coins show bullish momentum this week, with many registering double-digit percent price gains. This article looks at three Metaverse crypto coins gaining the most price this week, ordered by 7-day growth, lowest to highest. 3. StarSharks (SSS) +50% Launched in December 2021, StarSharks is a community-driven Shark-themed Metaverse crypto coin. Built on the...Read More
The USDF Consortium is an association of Federal Deposit Insurance Corporation (FDIC) insured financial institutions that launched on January 12th. The founding members of the consortium include New York Community Bank (NYCB), NBH Bank, FirstBank, Sterling National Bank, and Synovus Bank, according to the announcement. A couple of fintech firms are also part of the...Read More
We are pleased to welcome Marcus Hughes to the BitMEX team as our new Chief Risk Officer (CRO). As CRO, Marcus will serve on the executive board, with responsibility for BitMEX’s Regulatory Affairs, Risk, Legal, and Compliance functions, reporting directly to our CEO, Alexander Höptner.Marcus will guide our legal strategy, lead engagement with regulators and...Read More
Ripple’s developer arm, RippleX, announced the rollout of the NFT-Devnet platform to explore the native NFT capabilities introduced with XLS-20d. Ripple’s NFT-Devnet for Developers According to the official blog post, prominent cryptographer and RippleX software engineer Nik Bougalis revealed that the developers may begin building applications and tokenization use cases. It also outlined the addition...Read More
The police in South Africa are looking into a possible crypto scam case after an investment company attempted to reimburse some investors from the now-defunct Africrypt exchange. Police Launch Closer Look at Africrypt Bloomberg informed that South African Police forces across four provinces, including Durban and Johannesburg, are currently investigating reports in connection to the...Read More
Metaverse crypto coins are prevalent among traders in 2022, boasting over $5.1 billion in trading volume combined over the past 24 hours. This article looks at today’s top five most traded Metaverse crypto coins, ordered by trading volume, lowest to highest. 5. Enjin Coin (ENJ) – $243M Enjin is a blockchain enabling users to create...Read More
