Fidelity Digital Assets – the cryptocurrency subsidiary of the finance giant Fidelity Investments – will allow its institutional clients to trade Ether (ETH). The service will be available on the company’s crypto platform from October 28, 2022. Fidelity Expands its Crypto Scope Earlier this month, the company doubled down on its cryptocurrency efforts by introducing...Read More
FTX CEO Sam Bankman-Fried (SBF) posted a draft of a set of standards to create clarity and protect customers as the US awaits full federal regulatory regimes. While highlighting the significance of regulatory oversight and customer protection, SBF said there needs to be an open economy where peer-to-peer transfers, code, validators, etc., are presumptively free....Read More
DappRadar – a Dapp discovery and analysis platform – has released a report covering the current state of the Metaverse, its use, and levels of adoption. While metaverse-related trade has slowed massively this year, other metrics continued interest in the space. Is the Metaverse Still Active? The “metaverse,” according to DappRadar, has two meanings. One...Read More
At the time of publication, Bitcoin is changing hands at $19,181 after a plunge of 0.50% over the last 24hrs and this bearish movement has been observed for more than two months now. A few days back, the flagship currency surged above $19,500, but the bulls couldn’t maintain the pace. Bitcoin started its downward journey...Read More
After Binance became the second-largest entity by voting power in the Uniswap DAO, the CEO of the popular DEX, Hayden Adams, took it to Twitter to describe the situation as “unique” while adding that “UNI technically belongs to its users.” He accused Binance of using user funds to pile up governance votes. Hayden Adams on...Read More
Twitter’s anonymous Bitcoiner Hodlonaut has officially won their lawsuit against Craig Wright – the Australian computer Scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto. According to the ruling, Norwegian judge Helen Engebrigtsen declared that Hodlonaut had “sufficient factual grounds to claim that Wright had lied and cheated in his attempt to prove that he...Read More
[PRESS RELEASE – Please Read Disclaimer] Although the cryptocurrency market is in a dire state, with prices being 70-90% away from the all-time highs from a year ago, the popular memecoin project – Big Eyes Coin – announced impressive results in terms of token sales. This came amid the protocol’s latest initiatives that include different...Read More
[PRESS RELEASE – LOS ANGELES, CA, 20th October 2022] Leading VR developer CEEK has unveiled a partnership with Draper University, founded by renowned bitcoin investor Tim Draper. The two organizations have joined forces to create The House of CEEK, the world’s virtual reality hacker house. The CEEK house will be used to accelerate the development...Read More
The crypto sector has been trapped in bearish patterns for several weeks, and even big tokens such as Ethereum are under tremendous pressure. This has resulted in the massive dumping of tokens which has further dampened the chances of potential upticks. However, there have been some signs of accumulation amidst the current market misery. Accumulation...Read More
Elon Musk’s electric car company Tesla has not sold its remaining Bitcoin stash despite bearish conditions in the crypto market. According to the firm’s Q3 report released Wednesday, Tesla held $218 million worth of bitcoin as of September 30. Tesla Holds 9,720 BTC Recall that Tesla was one of the largest corporate holders of Bitcoin,...Read More
[PRESS RELEASE – London, United Kingdom, 16th August 2022] Bridge Network reveals plans to launch a non-custodial multichain payment product to tackle crypto off-ramps in underserved regions. The product will allow users to fund their card directly from web 3 wallets across any chain without the risk of centralized wallets infrastructure, enabling seamless & secure...Read More
The crypto market’s lack of volatility has been one of the most discussed topics among traders and investors, especially that of Bitcoin. In the past few weeks, Bitcoin has been trading between $18,000 and $19,000. Currently, Bitcoin is changing hands at $19,126 after a drop of 0.55% over the last 24hrs. Immediate resistance is around...Read More
Crypto markets may be in the depths of a lengthening bear market, but that provides the perfect environment to accumulate Bitcoin for those with conviction that there will be a recovery. This is exactly what has been happening, according to CryptoQuant’s CEO, Ki Young Ju, who posted his findings on Oct. 20. The metrics reveal...Read More
On October 19, the United States Department of Justice (DOJ) accused two Venezuelan citizens and five Russians of using cryptocurrencies to launder money for Russian oligarchs by selling oil barrels from sanctions-hit Venezuela. According to the press release, the defendants smuggled millions of barrels of oil to Russia and China, laundering “tens of millions of...Read More
The German-based crypto bank – Nuri – revealed it will terminate its operations due to the harsh consequences of the crypto winter and the negative macroeconomic environment. It informed that customers have until December 18 to withdraw their funds from the platform, while trading will be possible until November 30. The Bear Market’s Latest Victim...Read More
