TIME Magazine has continued its foray into the cryptocurrency and NFT world by partnering with blockchain-based gaming company The Sandbox to build TIME Square in the metaverse. Building a Virtual Times Square According to the official announcement, the initiative was inspired by the “virtual spirit and energy” of the real-life Times Square neighborhood in New...Read More
Futures cryptocurrency exchange CoinFLEX has paused all withdrawals on the platform as a result of the current extreme market conditions and issues involving a counterparty. 3AC Not the Cause of CoinFLEX’s Suspension CoinFLEX CEO Mark Lamb announced the news in a blog post on Thursday (June 23, 2022), which reads: “Due to extreme market conditions...Read More
Big four accounting firm Deloitte tapped Bitcoin-focused financial services firm New York Digital Investment Group (NYDIG) for a strategic alliance that aims to help companies access financial services built on Bitcoin. The newly formed alliance will focus on offering Bitcoin-related financial services to companies of all sizes. Its targeted areas include banking, consumer loyalty and...Read More
India’s largest crypto exchange by value – CoinDCX – has extended the withdrawal restrictions that have been in place since May 13 until further notice. It said these extreme steps are necessary to implement enhanced compliance and risk frameworks. After many investors took to social media to express their frustration over the pausing of withdrawals at...Read More
Major cryptocurrency exchange FTX is looking to purchase a stake in struggling digital asset lender BlockFi, shortly after the latter received a $250 million revolving credit from the SBF-spearheaded company. According to a report by the Wall Street Journal, anonymous sources revealed that talks between FTX and BlockFi were still ongoing, and no decision has...Read More
The first pay-2-earn game by the Secret Island Club is to be released soon after the mint and it is inspired by the upcoming FIFA Worldcup 2022. By the end of the year, we will witness one of the greatest sport competitions in the world and the launch of one of the main utilities SIC...Read More
It’s in times of turmoil that fortunes are made. Digital modes of transactions have been around for almost a couple of decades. But recently, cryptocurrency rattled the industry’s roots when many coins went over the roof with their prices quadrupling. Everything went smooth until more players joined in, and the environment instantly shifted to more...Read More
Although a well-known analyst predicts trouble, crypto assets appeared to have steadied on Saturday morning as Bitcoin held over the $20,000 mark. Investors are being advised that Bitcoin is going to fall even further by the well-known crypto analyst who correctly forecast the present market difficulties. The trader claims that there is no evidence that...Read More
