Shopping malls in the metaverse have several advantages. One of them is that they can house as many stores as the developers’ imagination allows. This is what a Mexican entrepreneur envisioned with Island Shopping Mall: Mexico’s first metaverse mall. The mall was inaugurated today and can be accessed from mobile devices via an app available...Read More
China’s autonomous special administrative region – Hong Kong – reportedly aims to legalize cryptocurrency retail trading and emerge as a digital asset hub. According to the Co-Founder of BitMEX – Arthur Hayes – the state’s vision and crypto adoption could propel a new bull market. What Is on the Agenda? A recent coverage by Bloomberg...Read More
Seychelles-based crypto exchange Huobi will no longer support trades for its native stablecoin, HUSD. Users with funds stored in that token will have their assets auto-converted into USDT – the world’s largest stablecoin – at a 1:1 ratio. In an announcement on Thursday, the exchange explained that the delisting is “in compliance with Article 11...Read More
Numerous scam tokens have launched under the symbol “TWIT” following Elon Musk’s latest Twitter bio change related to his acquisition of the company. With just a day to go before the billionaire acquires Twitter, Elon Musk has changed his bio on the platform to read “Chief Twit.” In the aftermath, multiple tokens named either “TWIT”...Read More
With “Hacktober” ending in a few days, yet another crypto platform has been added to the list of crypto protocols that have lost millions of dollars worth of digital assets to hackers this month. Earlier today, cryptocurrency vesting platform Team Finance announced it had become the latest victim after losing $14.5 million to a bug...Read More
After yesterday’s bull run, where Bitcoin and Ethereum saw substantial price growth, today’s markets are testing support levels. Trading volume for BTC and ETH is also down by an average of 30% in the past 24 hours, signaling that cryptocurrencies are taking a break this Thursday. Let’s look at relevant crypto and global news affecting...Read More
One of the largest bitcoin miners – Core Scientific – could run out of cash by the end of 2022, which could prompt it to file for bankruptcy. The firm’s shares took a major punch following the news. Current market data shows they trade at around $0.28, an approximately 72% decline compared to yesterday’s figures....Read More
[PRESS RELEASE – Please Read Disclaimer] The explosion of Dogecoin last year expectedly led to the creation of countless copycats that wanted to take a portion of the original memecoins’ market share. However, with the dwindling bearish market that has reigned for almost a year now, many such attempts vanished. The survivors have to think...Read More
[PRESS RELEASE – Please Read Disclaimer] Bitstables relaunched on October 22, 2022, as a launch-pad type crypto exchange unparalleled in the world. Bitstables is a rare cryptocurrency exchange that offers a variety of features and services for investors. What’s a launchpad-type crypto exchange? The exchange that allows easy fundraising with issued tokens, it combines the...Read More
What is Toon Finance? Toon Finance Protocol consists of 1 billion total supply with 50% for presale which is 500,000,000 tokens and the other 500,000,000 will be saved for LP pairing. Toon Finance is releasing an innovative DEX platform that the Ethereum community desperately needs. This is going to be a complete game changer for...Read More
It is an all-known fact now that meme coins are getting hotter day by day. While people looked at meme coins with a certain skepticism in the past due to them being a highly speculative asset (that mostly reacted to certain news and communities alone), things have now changed. DOGE, for example, is now one...Read More
Elon Musk is in the process of acquiring the social media giant Twitter. On October 26th, the Tesla boss walked into Twitter’s headquarters carrying a literal sink and saying, “let that sink in!.” Later on, he shared a tweet for his reasoning behind the effort, stating that he has already acquired it. Musk’s persona is...Read More
[PRESS RELEASE – San Francisco, California, 27th October 2022] Blockchain infrastructure platform Gluwa is partnering with the Lagos State government to transform the agricultural sector. The move will enable the digitization of agricultural assets, making it easier for farmers in the region to obtain finance. The project will involve the Lagos State Ministries of Agriculture,...Read More
The CEO of the popular exchange asserted in a recent interview that the firm is working on launching its own stablecoin. He also confirmed previous reports that FTX is looking to raise more funds and spoke about the recent and possible future acquisitions. Without providing any further details, Sam Bankman-Fried said the exchange knows how...Read More
Google’s parent company, Alphabet, experienced a decline in revenue in part due to reduced spending in cryptocurrency advertising as a result of the ongoing bear market. A slowdown in crypto ads is yet another contraction in the digital asset space brought on by the year-long bear market. Crypto Winter Contributed to Google’s Missed Earnings The...Read More
Elon Musk appears to be on track to fulfill a deadline on Friday to finalize his on-again, off-again acquisition of Twitter, averting a court battle over the $44 billion agreement, which he admits is excessively priced. Musk also updated his Twitter profile to “Chief Twit” and tweeted a video of himself bringing a sink into...Read More
Singapore authorities have proposed a new set of regulatory measures to oversee the use of digital assets in the country and protect consumers. The country’s central bank and financial regulator, the Monetary Authority of Singapore (MAS), recently published two consultation papers containing suggestions to tighten the country’s regulatory stance on digital assets. MAS Proposes Ban...Read More
