The cryptocurrency lending platform – Nexo – joined forces with the Nasdaq-listed digital asset company – Bakkt Holdings. As a result, the latter will custody a portion of Nexo’s Bitcoin and Ethereum holdings in the Bakkt Warehouse. Bakkt’s Newest Partnership The Bakkt Warehouse comprises both online (“warm”) and offline (“cold”) digital asset storage. The company...Read More
Metaverse Crypto coins continue to see significant price gains even with the market showing bearish momentum. The top gainer for today is MetaPlanet, a Metaverse crypto coin released today. With a 24-hour volume of $1.3 million, MetaPlanet has got the market’s attention. Let’s take a closer look at this Metaverse crypto coin and see why...Read More
Tarjih Muhammadiyah is the third Islamic organization to issue a fatwa against the use of cryptocurrencies in Indonesia. Cryptocurrencies аnd Fatwas According to a report by CNBC Indonesia, the Tarjih Council and the Central Executive Tajdid of Muhammadiyah issued a new fatwa against cryptocurrency use, deeming it haram, or unlawful, for Muslims. The organization detailed...Read More
Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-largest cryptocurrency. The Paycheck Promise The City of New York confirmed the payment decision from its official site earlier...Read More
The digital asset exchange – CryptoCom – came up with an official statement regarding the latest attack on its platform. The company revealed that the incident affected nearly 500 people, but they were fully refunded. The Saga Had a Happy End In its most recent report, CryptoCom disclosed that it first found out about the...Read More
While there have been calls by the cryptocurrency community for the SEC to provide clearer regulation for the industry, one of the agency’s commissioners thinks otherwise. SEC Does Not Need to Re-Invent the Wheel Allison Lee, a Commissioner for the U.S. Securities and Exchange Commission (SEC), while appearing at a D.C. bar event on crypto...Read More
The central banking institution of the largest country by landmass – the Bank of Russia – urged the local government to impose a blanket ban on all cryptocurrency endeavors on Russian territory. It argued that digital assets remind of a pyramid scheme, undermine the sovereignty of monetary policy, and threaten the local financial network. Russia...Read More
NFTs work on Ethereum, yet the surging demand for NFTs could not assist the ETH price rally. Yet the price maintained the same narrow trend along with the most dominant crypto Bitcoin. Also, it is a known fact that the traders are more into NFTs than the traditional cryptos and the DeFi’s. Therefore, once the...Read More
US-based cryptocurrency custody and exchange Gemini has made its latest acquisition, with the company purchasing the trading technology startup, Omniex. Gemini announced the news of the acquisition in a blog post on Wednesday (January 19, 2022). According to the exchange platform, Omniex will be integrated into Gemini Prime, which was publicly launched following the acquisition....Read More
Continuing with its push for “the best deals across the blockchain space,” the 1inch Network has announced the deployment of its latest aggregation and limit-order protocols on Avalanche and Gnosis Chain. Conquest of the DeFi The DEX aggregator termed the new partnerships a continuation of its conquest of the DeFi space. In a press release...Read More
[PRESS RELEASE – Zug, Switzerland, 18th January 2022] Autonomy Network, an off-the-shelf decentralized automation protocol, has officially integrated its AutoSwap dApp with Trader Joe on Avalanche, following its successful integration with the PancakeSwap on Binance Smart Chain (BSC). AutoSwap is the first-ever dApp to offer limit order, stop loss, impermanent loss protection, and recurring payment...Read More
Advertisement The crypto industry has been swinging in lockstep with Bitcoin price changes for the past several days. While other altcoin markets are more lively, the BTC price trend is becoming increasingly repetitive. The price of Bitcoin (BTC) is in a correction and is trading below its moving averages, putting it at risk of a...Read More
Digital currency investment and cryptocurrency asset management firm Grayscale continues to chase its expanded exchange-traded fund (ETF) plans with the launch of a new crypto-related index offered in collaboration with Bloomberg. Future of Finance Index By Grayscale and Bloomberg According to a press release issued on Wednesday, January 19, 2022, Bloomberg and Grayscale have announced...Read More
[PRESS RELEASE – Please Read Disclaimer] LTC Casino has excellent news for its community: they are now accepting payments in DogeCoin. They started supporting Doge transactions last week, and now members can play their favorite games without worrying about their payment method. They believe that the current currencies used worldwide encourage the shift to cryptocurrencies....Read More
The popular cryptocurrency exchange Bybit has launched its non-fungible token marketplace, a platform that will give users access to the world of NFTs, GameFi, and the metaverse. Connecting Digital Artists and Collectors The exchange said in an announcement shared with CryptoPotato that the new platform is a one-stop shop that aims to connect digital artists...Read More
In an interview with CNBC’s ‘Squawk on the Street’ on Jan. 19, Paxos co-founder and chief executive Charles Cascarilla said that there will be plenty of changes in institutional appetite in 2022. “The amount of interest and the amount of mainstream adoption that I see coming is tremendous,” he said before adding that changes in...Read More
The BitMEX ecosystem has evolved again with the eagerly-awaited launch of CONVERT. From today onwards, you can use our Crypto Converter to convert Bitcoin into Tether (ERC-20) – and vice versa – with more coin conversions to be introduced soon. CONVERT your crypto here, or read on to learn more. Why Use Our Crypto Converter?...Read More
Secret Network – a privacy-based blockchain built using Cosmos CDK – recently revealed details pertaining to its “Shockwave” growth initiative. The network accumulated $400 million in funding across its ecosystem fund and accelerator pool. Secret Network’s New Plans Secret announced its newly acquired funding in a blog post from its site earlier today. Over 25...Read More
Crypto winter is here, and most markets continue their slow and painful bearish trend. However, while most cryptocurrencies are struggling, some Metaverse crypto coins are seeing significant price gains. This article looks at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour growth, lowest to highest. 3. ETNA Network (ETNA)...Read More
