In an official blog post, on 13 January 2022, the U.S.-based decentralized application platform and … [Read More...] about NEAR raises $150M to spur Web3 adoption
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Axie Infinity is gearing up for major updates; more details
NFT-based gaming giant, Axie Infinity has released its January journal on 16th January 2022, which teased some major updates. For one, the team is currently focused on building out the Project K trading feature that will facilitate players to trade various resources with one another. As per the blog … [Read More...] about Axie Infinity is gearing up for major updates; more details
NEAR raises $150M to spur Web3 adoption
In an official blog post, on 13 January 2022, the U.S.-based decentralized application platform and Ethereum competitor, NEAR protocol has announced that it has raised a $150 million fortune directed by Three Arrows Capital. According to the blog post, the funds would be used at regional centers … [Read More...] about NEAR raises $150M to spur Web3 adoption
Cathie Wood says Bitcoin is the first global private digital currency system
Cathie Wood, founder, CEO, and chief investment officer of Ark Invest stated that Bitcoin is the first global private digital currency system, which is based on rules. In a summit hosted by the Global Wealth Management Forum's 2022 "New Economic and Financial Landscape under the Shared Global … [Read More...] about Cathie Wood says Bitcoin is the first global private digital currency system
Cardano-based Metaverse Project Pavia Takes Off: Sundaeswap Announces Launch Date
Cardano's gaming project Pavia officially debuted, as metaverse-related interest surged once again. For starters, Pavia is a gaming NFT Metaverse that aims to challenge the dominance of larger rivals in the crypto metaverse realms such as Sandbox Crypto and Decentraland. The Pavia project was … [Read More...] about Cardano-based Metaverse Project Pavia Takes Off: Sundaeswap Announces Launch Date
NFT investors scramble for paperwork as IRS keeps a close watch on defaulters
The red-hot NFT market has ballooned to $44 billion valuations, now the Internal Revenue Service or IRS wants a piece of the pie. According to tax experts, the market which has attracted a host of celebrities faces multi-million dollars in taxes and rates as high as 37%. NFT enthusiasts might be up … [Read More...] about NFT investors scramble for paperwork as IRS keeps a close watch on defaulters
Crocs registers for NFT Trademark
The footgear company, Crocs, chronicled a trademark application, on 11 January 2022, with the U.S. Patent and Trademark Office (USPTO). The application is notable for 'downloadable computer software for creating, managing, storing, accessing, sending, receiving, exchanging, validating and … [Read More...] about Crocs registers for NFT Trademark
Bitfinex to remove 6 trading pairs; ask Ontario users to close accounts
Leading cryptocurrency exchange Bitfinex announced the withdrawal of half a dozen crypto trading pairs by the end of January 2022, citing low liquidity levels. According to the trading platform's official statement, the measure is aimed to consolidate and improve liquidity, enabling users … [Read More...] about Bitfinex to remove 6 trading pairs; ask Ontario users to close accounts
Brazil’s Rio de Janeiro aims to invest 1% in cryptocurrency; soon to launch Crypto Rio
Brazil's Rio de Janeiro is increasing its efforts to facilitate bitcoin adoption. Recently Rio mayor Eduardo Paes expressed his intention to create Crypto Rio and transform the city into a tech hub as well as allot 1% of its reserves in the digital asset industry. Paes in a decree published on … [Read More...] about Brazil’s Rio de Janeiro aims to invest 1% in cryptocurrency; soon to launch Crypto Rio
Cryptocurrency worth $400M sacked by N.Korean hackers
It has been reported that North Korean hackers stole nearly $400 million worth of digital assets through a minimum of seven attacks on cryptocurrency networks in 2021. The blockchain data platform, Chainalysis reported that it was one of the most prosperous years for cyber-gangsters in North … [Read More...] about Cryptocurrency worth $400M sacked by N.Korean hackers
Shiba Inu reacts to CoinMarketCap issues
CoinMarketCap listed three fake Shiba Inu contract addresses on their website in a quite recent update. The SHIB token team took to Twitter to announce that the three contract addresses listed on CoinMarketCap, namely Binance Smart Chain, Solana, and Terra, are all fake and that interaction with … [Read More...] about Shiba Inu reacts to CoinMarketCap issues
Tesla Takes DOGE Payments Mainstream as Musk Builds Hype
It is now official that Tesla accepts Dogecoin (DOGE) payments for some of its merchandise. Not very long ago did Elon Musk tweet about his company accepting the famous meme coin, after which things were kept very low-key. Now, the cat is out of the bag. Earlier this week Twitter user had … [Read More...] about Tesla Takes DOGE Payments Mainstream as Musk Builds Hype
Bitcoin ETF, a first in India
The launch of India's first Bitcoin and Ethereum Futures ETF and Metaverse US-listed Large-cap Discount Certificates by Torus Kling Blockchain IFSC, a 50:50 joint venture between Sam Ghosh endorsed Cosmea Financial Holdings (CFH) and Kling Trading India, signed an MOU with India INX has been the hot … [Read More...] about Bitcoin ETF, a first in India
Digital assets information sought out by Congress’s Agriculture Committees
The U.S Congress sent out a letter, on 12 January 2022, to the Commodities Futures Trading Commission (CFTC) requesting more information on digital assets marketplaces. The letter was addressed to Rostin Behnam, chairman of CFTC. Currently, the agriculture committees are asking Behnam to report … [Read More...] about Digital assets information sought out by Congress’s Agriculture Committees
Bitcoin (BTC) Up For a Good Medium-Term Outlook: Bitfury CEO
In a recent interview with the 'closing bells' of CNBC, the former CEO of Binance.US discussed Bitcoin (BTC) and how 'some things are going on short-term' that are negative for the token. Brian Brooks, the CEO of Bitfury, said that the asset's short-term price decline was due to the Fed's recent … [Read More...] about Bitcoin (BTC) Up For a Good Medium-Term Outlook: Bitfury CEO
LaCucina launches DeFi engagement platform democratizing the crypto landscape, partners with MDEX, Beefy.Finance
LaCucina, the fair DeFi engagement platform, is coming out of stealth, announcing its official launch this January on the Binance Smart Chain, the first one on the blockchain to offer regular users a way to enjoy DeFi even more. Through its advanced engagement enhancing system, the platform offers a … [Read More...] about LaCucina launches DeFi engagement platform democratizing the crypto landscape, partners with MDEX, Beefy.Finance