The extended COVID-19 lockdown changed the travel industry —and the lifestyle of millions of people. But now that the pandemic seems to be under control, businesses are looking to rise from the ashes with new ideas to engage customers, and the metaverse seems like an exciting topic to explore. According to a survey conducted by...Read More
The company plans to hire more engineers despite the intense bear market. Aztec Network – a privacy layer 2 chain for Web3 – announced raising $100 million in a Series B financing led by VC giant Andreessen Horowitz (a16z). The funding round also saw participation from A Capital, King River, Variant, SV Angel, Hash Key,...Read More
Amber Group – a cryptocurrency platform backed by Singapore’s investment company Temasek – completed a $300 million funding round. The money will be distributed to clients affected by the FTX collapse. The company, which had to cope with severe issues due to the ongoing bear market, recently acquired the Singaporean exchange – Sparrow Holdings. Trying...Read More
One of the most successful soccer clubs in Europe – FC Barcelona – inked an agreement with the cryptocurrency platform WhiteBIT. Тhe trading venue will serve as the Official Cryptocurrency Exchange partner of the team until June 2025. Barca’s Next Crypto Step In an official announcement on its website, the soccer giant claimed that the...Read More
The crypto space is again bleeding, now with the fresh FUD over the world’s largest exchange Binance. Meanwhile, Bitcoin price is displaying some strength, as Ethereum price has slid down slightly. However, the spotlight was on Binance Coin(BNB) which slumped hard by nearly 20% since the early trading hours. However, the circulating Binance FUD is...Read More
How likely is a catastrophe on Binance on par with FTX, if at all, or is this all just a lot of fuss? The cryptocurrency exchange Binance has faced criticism and “FUD” (fear, uncertainty, and doubt) from some quarters, with some questioning the company’s viability. However, Binance has responded by highlighting its recent withdrawals and...Read More
CNBC’s “Your Money Survey” estimated that 60% of the American participants consider the risk of investing in cryptocurrencies to be high. Just 5% of the respondents believe it is entirely safe to allocate some wealth to the asset class. Crypto Looks Riskier to Americans The decline of the cryptocurrency market, as well as the various...Read More
The Japanese government greenlighted a bill to exempt local cryptocurrency issuers from paying corporate tax on their holdings. The ruling body currently requires such firms to pay 30% on their ownings even if they haven’t gained profits through a sale. Japan’s ruling political party – The Liberal Democratic Party – aims to ease corporate tax...Read More
