Cryptocurrency Avalanche(AVAX) Avalanche price was all set to begin the fresh weekly trade on a significant upswing but eventually ended up draining the price. The AVAX price was above both 55-day MA and 200 day MA levels and quickly the price was pushed towards the south quickly towards $70. However, the price just broke from...Read More
Bored Ape Yacht Club (BAYC) confirmed over Twitter on Monday that its Instagram account was hacked. A scam link posted by the hacker appears to have resulted in multiple valuable NFTs being stolen from victims. The link, which has since been taken down, led to a page claiming to be sponsored by Yuga Labs. It...Read More
[PRESS RELEASE – Boca Raton, Florida, 25th April 2022] Game of Silks (Silks), the first derivative play-to-earn metaverse that mirrors the real world of thoroughbred horse racing, today announced that it has partnered with Arbitrum to enhance its on-platform user experience. Core to these enhanced capabilities are Arbitrum’s improved throughput and lower gas fees. Arbitrum...Read More
Animoca Brands subsidiary, The Sandbox, has announced a series of new partners for the second phase of Hong Kong’s cultural hub in the metaverse – Mega City 2. For the second phase of the metaverse Mega City, the project has partnered with players across different sectors such as tourism, hospitality, culture, media, education, banking, investment,...Read More
With the West leading the fight with sanctions, a US-based company – Compass Mining – is planning to sell around $30 million in Bitcoin mining equipment located in Siberia. The move to liquidate the Bitcoin mining rigs comes after the United States government imposed fresh sanctions on the mining operation BitRiver and ten subsidiaries. Averting...Read More
The government of the Central African Republic (CAR) has reportedly passed a law to embrace bitcoin as an official payment method inside the nation’s borders. If successful, the initiative will turn the country into the first African state to execute such a move and the second globally after El Salvador. Bitcoin to aid the CAR’s...Read More
The global crypto market capitalization witnessed a huge drop of more than 4.20% over the day as the levels plunge below $1.8 trillion. Interestingly, the trading volume surged extremely high indicating a spike in the selling volume. While some cryptos are on the verge to shed huge gains, some appear to be ready for a...Read More
Five years ago, non-fungible tokens (NFTs) were an esoteric concept leveraged by a few crypto fanatics, but that changed in 2021 when NFTs made it to the mainstream. Since then, the niche has disrupted many industries, especially the art and gaming markets. While there are hundreds of different NFT projects existing today, with each trying...Read More
The veteran US exchange is the latest to receive a license to function as a virtual asset trading platform in Abu Dhabi. Thus, Kraken follows a similar example set by other industry giants such as Binance and FTX. In an attempt to enhance the nation’s cryptocurrency engagement, the UAE has been among the leaders in...Read More
Tinkering with the Metaverse has become a trend among major brands and companies. This time, it has caught the attention of two of the largest automakers globally, Nissan and Toyota. On April 22, Japanese automakers Nissan and Toyota announced their entry into the Metaverse to offer new virtual experiences to their users, organizing digital events...Read More
