News about Bitcoin, ICO, Blockchain Technology, investment, mining
Wear-to-earn NFTs target the billion-dollar fashion industry
Here's how “wear-to-earn” NFTs will impact the fashion sector and what may happen if they become a trend.
The Singapore Effect
In the world of Crypto, GameFi, and the METAVERSE, we think in terms of a global industry, which of course it is, although you will be very interested to learn that there is one country dominating when it comes to leading Crypto projects and indeed the individuals behind those projects.
Thailand Lays Groundwork for Crypto Tourism to Revive Industry
Thailand is targeting newly-minted crypto millionaires to breathe life into its pandemic-battered tourism industry.
Major Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp
One of the largest banks in Estonia, LHV, is now offering cryptocurrency trading directly from its app through crypto exchange Bitstamp. The bank says it is the “first bank in the Baltics to start offering crypto trading.”
YouTube Crypto Scams On The Rise As Victims Lose Millions
Crypto scams have been on the rise with the bull rally but scammers have found another medium to perpetuate their scams. YouTube has always been an effective marketing and influencing tool in the space, which is why it is sometimes a prime target for scammers. This time around, scammers have found another way to separate victims from their money and that is through compromised YouTube videos.
26% of crypto investors in Japan tried out NFTs: Survey
Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021
TA: Bitcoin Breaking This Confluence Resistance Could Spark Recovery
Bitcoin is attempting an upside correction above $57,000 against the US Dollar. BTC could gain pace if there is a close above the $58,000 resistance.
Unix Gaming Prepares for Launch of a New Token as it Partners with The Club
The gaming guild, The Club, has partnered with Unix Gaming, another guild that focuses on enabling players from countries with low income to earn money by playing NFT-games.
Musk Reprimands Binance Over Dogecoin ‘Glitch’
Elon Musk, unofficial champion of the Doge meme coin, has taken the Binance exchange to task over how it reacted to a technical glitch that hurt Dogecoin holders through no fault of their own.
IMF Warns El Salvador Against Using Bitcoin as Legal Tender After 'Bitcoin City' Announcement
The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano and financed by bitcoin bonds.
Jack Dorsey’s TBD Is Building A Bridge Between Fiat and Crypto with Decentralized
The whitepaper of social media giant Twitter and payment processor Square CEO Jack Dorsey’s decentralized Bitcoin exchange has been published.
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why.
Institutional managers bought the dip as crypto funds see $154M in weekly inflows
Bullish sentiment surrounding crypto has not wavered despite the recent market correction that saw Bitcoin fall to sub-$57,000 levels.
Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It's a Better Store of Value
A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I think it’s probably going to be ten times better than gold over a long period of time,” said the founder of one asset management firm.
Ethereum layer two TVL reaches all-time high
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion.
NFTs In A Nutshell: A Weekly Review
NFTs have found another month this year where Google searches hit an all-time high. The Macy’s parade will come with a non-fungible friend. And Phil Spencer at Xbox shares his thoughts on NFTs. It’s just another week of non-fungible news.
DeFi Users Lost $10.5 Billion to Theft and Fraud in 2021, Mostly on Ethereum: Report
Risk management firm Elliptic says DeFi users have lost $12 billion to hacks and scams over the past two years.
1.2M users flock to NFT Pirate Bay for artwork archive
An Aussie software developer has created “The NFT Bay” containing an archive of NFT copies to show they are “nothing more than directions on how to access or download an image.”
Asia-Pacific Family Offices Have Higher Appetite for Crypto, 38% Compared to 28% Global Average: Survey
This more willingness to invest in riskier assets has led to 29% of family offices in the region reporting a significant increase in wealth over the last 12 months, more than the global average of 21%.
Quentin Tarantino sued after selling Pulp Fiction NFTs on Secret Network
The legendary director will move forward with the planned sale despite the lawsuit.
Binance CEO says he intends to donate up to 99% of his wealth
Binance CEO Changpeng "CZ" Zhao has said that he intends to donate up to 99% of his wealth as many business magnates do.
London assembly member calls for ban on crypto ads in trains and buses
The lawmaker said that she wasn’t specifically targeting memecoin Floki Inu in the push for this crackdown, but rather as one of three current crypto advertising campaigns on London's public transport.
Coinbase Pushes for Single Crypto Regulator: CEO Says 'We Have 53 Regulators in Just One Country, the US'
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there is a variety of different regulators in the U.S., CEO Brian Armstrong explained, noting that Coinbase has “53 regulators in just one country, the United States.”
Del Piero, Vieri, and Batistuta to Launch NFT Collections on Binance Marketplace
Some of the most popular soccer players that played in Italy in the recent past will release NFT collections on the Binance NFT Marketplace.
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies.
Elon Musk Thinks Dogecoin Is Superior to Shiba Inu and Bitcoin as Means of Payment
Elon Musk believes that Dogecoin is a far superior form of payment compared to Bitcoin and Shiba Inu.The Tesla boss liked a tweet posted by Billy Markus, the co-founder of the original dog-themed coin, that compares the transaction fees of the three above-mentioned cryptocurrencies.
Here’s Why Dogecoin Withdrawals Are Frozen On Binance
Dogecoin withdrawals have been frozen on the leading crypto exchange Binance. The freeze has led investors to question the exchange’s motives. But it would seem that it was a move that was made out of necessity.
Bitcoin Is the Lowest-Risk Asset Investors Can Buy, Says MicroStrategy’s Michael Saylor – Here’s Why
MicroStrategy CEO Michael Saylor is telling investors that buying Bitcoin (BTC) is better than putting their money into traditional assets like stocks, bonds and gold.
Former Binance execs say exchange is worth $300B: Report
Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world.
Institutional Investors Pouring Millions Into Surprise Altcoin As Bitcoin Year-to-Date Inflows Hit New Record: CoinShares
Institutional investors are shifting the amount of capital they’re allocating to the crypto markets, with a surprise altcoin suddenly on their radar.
Tether launches USDT stablecoin on the Avalanche blockchain
Quick Take Tether’s USDT stablecoin is now available on the Avalanche blockchain. “USDT on Avalanche is an essential building block for DeFi users,” said Emin Gün Sirer of the Avalanche Foundation.
DOGE-1 moon mission set for launch with SpaceX in early 2022
The Dogecoin-funded payload appears to be on track for launch in the first quarter of 2022 on board SpaceX’s Falcon 9.
Expert Interview with Bobby Ong on Cryptocurrency
Christine Lagarde: ECB will continue to assess the costs and benefits of issuing a central bank digital currency
Adam Back on Satoshi Emails, Privacy Concerns and Bitcoin's Early Days
Facebook’s centralized metaverse a threat to the decentralized ecosystem?
Ukraine is positioning itself as the Crypto Capital of the World
Seems like Queen Elizabeth Hedge fund (QEHF) is in trouble!