EOS, Telos, WAX, and UX Network have come together to gain control over the development of the EOSIO protocol core code that underpins each of these blockchains. Collectively, the coalition has announced dedicating a whopping $8 million annual budget for core development and developer outreach this year. Rebranding EOSIO According to the press release shared...Read More
Australia’s financial regulators have yet to approve plans by the Commonwealth Bank of Australia (CBA) to offer access to crypto products for its over 6.5 million customers. The regulatory watchdog says the onus is on the CBA to comply with laid-down rules and regulations for financial products. Opposition from the regulator has prevented the CBA...Read More
The European Union (EU) has imposed the fifth round of sanctions against Russia in light of its continuing war against Ukraine. The council has targeted cryptocurrency wallets as it aims to close potential loopholes in existing restrictions that could allow Russians to circumvent sanctions and move money. Fifth Round of Sanctions Against Russia In a...Read More
Janet Yellen – Treasury Secretary of the United States – recently delivered her first speech solely dedicated to cryptocurrencies. While discussing the risks and benefits of crypto and CBDCs, the secretary listed five historical lessons she’ll be following as she regulates the space. A More Balanced Tone The speech was delivered before American University’s Kogod...Read More
Ricardo Salinas Pliego – the third-wealthiest person in Mexico – revealed he had allocated 60% of his liquid portfolio to bitcoin and bitcoin equities. The billionaire is a strong opponent of fiat currencies and bonds, calling the latter a “terrible investment.” Salinas is Pro-Bitcoin and Anti-Fiat The Chairman of Grupo Elektra and the owner of...Read More
NEAR Protocol (NEAR) price is up over 20% today as the cryptocurrency breaks through the $18 resistance level and surpasses the $10 billion market cap, ranking it as the sixteenth-largest cryptocurrency by market capitalization according to CoinMarketCap. Let’s take a closer look at NEAR Protocol and its token NEAR and see why the price is...Read More
The autonomous region of Portugal – Madeira – and Prospera – a jurisdiction on Honduras’ Roatán island – will reportedly adopt bitcoin as an official payment method inside their borders. Residents from both territories won’t have to pay capital gains tax when buying or selling the primary cryptocurrency. Following El Salvador’s Path Bitcoin’s global popularity...Read More
Block, formerly named Square, and Blockstream team up to mine bitcoin off Tesla-supported solar power in Texas, as reported by CNBC. Bitcoin mining is seen as an activity that incentivizes the monetization of renewable power production. Tesla’s 3.8 megawatts solar PV array, along with 12 megawatt-hours Megapack, will power the bitcoin mining facility located in...Read More
Justin Sun, the founder of TRON, has successfully won the bid on Twelve Chinese Zodiac Heads last week. This unique collection was put on the Twelve Digital Zodiac Heads Special Auction hosted by Metapoly XM, a brand under Poly Auction (Xiamen) last week and was purchased at a hammer price of around ¥9,832,500 (around 1,545,000...Read More
Kraken’s CEO decided to close the company’s headquarters in San Francisco after blaming the city for being incapable of ensuring public safety. San Francisco Is not Safe Jesse Powell, the CEO of Kraken, released a statement that the company has closed the headquarters office located in San Francisco “after numerous employees were attacked, harassed, and...Read More
[PRESS RELEASE – Tel Aviv, Israel, 5th April 2022] The creators of the popular WebComic “One of Those Days” are venturing into the world of non-fungible tokens. The XOXO collection will launch shortly and aims to break the rules of how NFT collections have worked until today. The popular WebComic “One of Those Days” is...Read More
Cardano‘s price underwent a crucial recovery throughout the February and March trade and successfully sustains above $1. Woefully, in the times when the asset was primed to test the crucial resistance at $1.2, a huge pullback dragged the price to the lower support at $1. No doubt the price holds these levels pretty strong, but...Read More
[PRESS RELEASE – Bridgetown, Barbados, 6th April 2022] Bridge Network, a cross-chain communication protocol, has closed its $3.8M funding round with backing from FTX Ventures, MEXC Global, Master Ventures, Blockfinex, Croc Capital, and others. The protocol has been in development for over a year and has plans to revolutionize the way users transact in the...Read More
Michael Saylor, the CEO of Microstrategy, and Cathie Wood, CEO of Arch Invest, held a panel at the Miami 2022 Bitcoin conference on Thursday. The two tech investors shared an optimistic vision for the largest cryptocurrency, setting ambitious price targets. “People ask me if I’m still bullish on Bitcoin. I am more bullish than ever...Read More
The acquisition is worth a whopping $1.5 billion, making it one of the largest in the sector that did not involve a special purpose acquisition company (SPAC). Crypto mergers and acquisitions have surged over the past year, and there has been $1.25 billion worth of deals done in the first quarter of 2022. This latest...Read More
After purchasing over $1 billion worth of bitcoin in weeks, Terra has turned its sights to other cryptocurrencies. Both Terraform Labs and the Luna Foundation Guard announced plans to execute in total two token swaps worth $200 million with Avalanche. CryptoPotato reported the frequent BTC purchases from Terra, as the team wants to build up...Read More
Kevin O’Leary spoke at the Bitcoin 2022 Conference, voicing support for bitcoin and renewable proof-of-work mining. He believed regulations introduced by Bipartisan lawmakers could remove the uncertainty investors have felt towards the sector. Regulations on Cryptocurrency Incentivize Capital Inflow Kevin O’Leary, the famed investor and media personality nicknamed “Mr.Wonderful,” touted his support of renewable crypto...Read More
STEPN has taken the GameFi space by storm, and its governance token – the Green Metaverse Token (GMT) – is arriving at BitMEX.Users will soon be able to trade our new XBT and USDT-margined GMT perpetual contracts, with up to 33x leverage.The GMTUSD and GMTUSDT listings will go live on 11 April 2022 at 04:00...Read More
The Bitcoin 2022 conference, which takes place in Miami, has been giving a lot to talk about. On this occasion, Peter Thiel voiced his opinion on Bitcoin’s enemies and talked about where he thinks Bitcoin is going in the future. This April 7, Peter Andreas Thiel, an entrepreneur, investment fund manager, and venture capitalist, best...Read More
This week, the price of bitcoin and other cryptocurrencies fell. The price of bitcoin fell below $44,000, losing around 7 percent of its worth. Other major cryptocurrencies are also on the decline. Although the global cryptocurrency market capitalization surpassed $2 trillion. A well-known expert who correctly forecasted the low point of Bitcoin (BTC) in the...Read More
Decentraland’s Desktop client has been out for quite some time now, and if you’re like me and didn’t realize you could already download and explore Decentraland’s Metaverse through a higher-quality Desktop experience, now is the time to download the client and experience a whole new level of Decentraland! Decentraland Desktop Client Beta Is Live Decentraland...Read More
