With the US Federal Reserve firming up its ante against inflation and dismissing discussions about any softening of monetary policy. JPMorgan’s chief global strategist, David Kelly, has made some suggestions for crypto investors concerned about the direction of the market. In an interview Friday after Fed Chair Jerome Powell’s speech at Jackson Hole, Wyoming, Kelly...Read More
Tl;dr: The following post recaps this episode of Coinbase’s Around The Block podcast in which Viktor Bunin hosts Coinbase CEO Brian Armstrong and Ethereum co-founder Vitalik Buterin discuss decentralization, privacy, and a credibly neutral Ethereum. By Viktor Bunin, Senior Protocol Specialist at Coinbase Cloud After 7 years of research and development, the Merge is just...Read More
Arbitrum – an Ethereum layer-2 scaling solution – is poised to undergo a major network upgrade on Wednesday. The upgrade will help Ethereum address the onerous transaction fees that have plagued the network over the past two years. Per a tweet from Arbitrum on Monday, the “Nitro” upgrade will go live on August 31st. It...Read More
Think the cryptocurrency market has it rough? Take a look at what happened to non-fungible tokens – aka NFTs. Data from DappRadar shows that trading volume at OpenSea – the world’s largest NFT marketplace – has fallen by 99% in less than four months. While the company contested the figure to some degree, it admitted...Read More
Iranian trade minister revealed on Monday that regulations and logistics have been finalized to facilitate the use of crypto in Iran’s international trade. The move comes nearly 3 weeks after it officially announced to have completed $10 million worth of imports paid in crypto. Iran Approves Crypto for Global Trade Iran’s Trade Minister Reza Fatemi...Read More
Since the official launch of AMAX#1 public mining at 08:58 (UTC+8) on August 28, 2022, users have been actively participating and the 5000APL tier mining pool reward was snapped up within 3 hours. The data shows that after the official launch of AMAX#1 mining pool, the mining rate presented a rapid growth momentum and remained...Read More
The authorities of the Mendoza province reportedly enabled citizens to pay government fees and taxes in cryptocurrencies. The region’s tax administration described the move as “the strategic objective of modernization and innovation,” which could give “taxpayers different means to comply with their tax obligations.” Contrary to Mendoza’s pro-crypto stance, Argentina’s central bank is not so...Read More
Elon Musk, the CEO of Tesla, has filed additional paperwork terminating his agreement to buy Twitter. It was based on the information in the whistleblower complaint filed by the former head of security at Twitter. Peiter Zatko, the former head of security at Twitter – also known by his hacker handle “Mudge” – had revealed...Read More
Umar Farooq, Chief Executive Officer of JPMorgan’s blockchain unit, believes that real use cases of crypto are yet to unravel while most of the existing assets are “junk” with only a few exceptions. Speaking at the Monetary Authority of Singapore’s (MAS) Green Shoots seminar on Monday, Farooq said that the regulation has also not caught...Read More
[PRESS RELEASE – Please Read Disclaimer] Although NFTs were not invented in 2021, they really blossomed that year and became a global phenomenon. While their adoption skyrocketed, it didn’t take long for the innovative digital artworks to be integrated into the rapidly growing gaming industry. The popular Web 3 development studio – Emergent Games –...Read More
[PRESS RELESAE – Hochiminh, Vietnam, 30th August, 2022] Calo Metaverse has revealed that its second project will be Calo Indoor, the first application in the world to utilize the Burn-to-Earn (B2E) reward mechanism. The Calo Indoor app also combines AR (Augmented Reality) technology with GameFi elements that are synonymous with web3. Burn-to-Earn is a progression...Read More
[PRESS RELEASE – Toronto, Canada, 29th August 2022] Goons of Balatroon is a funny, wacky Play-2-Earn NFT universe featuring a card battle game, where player factions fight each other for the control of Balatroon using Goon Cards and earn $GOB tokens for their valiant efforts. The offered GameFi universe is being developed under the leadership...Read More
FTX founder and CEO Sam Bankman-Fried, also known as SBF, clarified that there are no plans to acquire cryptocurrency exchange giant Huobi, contrary to previous reports. Previously, TRON’s Justin Sun also denied similar rumors. Sam Bankman-Fried made the clarification in a tweet on Monday (August 29, 2022). According to the billionaire: “Just to be explicit...Read More
Social media giant Meta announced the integration of non-fungible tokens (NFTs) to Facebook, adding that NFT creators can now showcase their digital collectibles across Facebook and Instagram. Some of the wallets supported by the social media giants include Coinbase Wallet and MetaMask Wallet. In an updated blog post on Monday (August 29, 2022), Meta revealed...Read More
Dubai’s Virtual Asset Regulatory Authority (VARA) reportedly instructed local cryptocurrency-related firms to require a license from the watchdog before advertising their products. The initiative could secure maximum protection for investors and limit the spread of misleading marketing campaigns focused on digital assets. Over the past several months, Dubai has emerged as a global cryptocurrency center...Read More
