DAY LONG NEWS ROUNDUP: LATEST NEWS 19/11/21

We cover the crazy world of blockchain and cryptocurrencies and bring you the latest updates from 19/11/2021 to help you stay informed of the insane things that are shaping the future of finance and business around the world. Decentraland about to surpass top Metaverse project as price rises 25% Decentraland is a virtual metaverse that …

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated …

‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country’s cryptocurrency industry. The details of the speech were posted on the official website of the President of the Republic of Kazakhstan, and translated by Cointelegraph: Cryptocurrencies …

‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

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How Crypto Is Shaping The Future of Digital Payment Industry

Cryptocurrencies are a new type of digital currency that is beginning to play more of an important role in the global economy. Crypto has drawn attention from many experts for its potential as a global currency. It is also being widely used by online shoppers, who use it to purchase goods and services through international …

DAY LONG NEWS ROUNDUP: LATEST NEWS 18/11/21

If you are dealing in crypto, then experiencing constant turnarounds might have become a ‘routine errand’ for you. Fetching worthy content from the huge pile of everyday information can help you become a ‘pro’ learner. So, here is a list of top crypto news that can affect your investment plans, take a look: India to …

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests …

Meme Coins: New Hype in The Crypto Industry

Thousandfold growth, incredible hype on Twitter and Elon Musk – this is how you can briefly describe the situation around the “meme-coins” that has arisen in the crypto space over the past year. Meme coins are cryptocurrencies that cannot boast of using or inventing any advanced technologies, but they are great at speculating on popular …

5 DEX Coins to Buy for High Profits – November 2021 Week 3

Decentralized exchanges (DEX) have boomed since the mainstreaming of decentralized finance (DeFi). This has led to several investors searching for the best DEX coins to buy. According to the popular DeFi data analytics platform, DeFi Pulse, over $102.64 billion in total value locked (TVL) is currently circulating in the nascent sub-sector. This huge figure is …

Bitcoin Price Drops to $60,000 as ETF Hype Fades, ADA, IOTX, WAX, Nov. 15

BTC sellers emerge after a struggle to hold the all-time highs. ADA awaits Hydra upgrade. IOTX and WAXP hit new heights. BTC Bitcoin was trading under the $60,000 level on Tuesday after selling broke out in the world’s largest cryptocurrency. One of the problems for Bitcoin recently has been a fade in the ETF hype …

StakeMoon Token Now Listed on PancakeSwap

Following its successful pre-sale on Oct 20th which raised over $500,000, StakeMoon has now been listed on PancakeSwap, its first exchange listing. “PancakeSwap was the obvious choice for StakeMoon’s initial exchange listing,” stated Scott Ryder, CEO of StakeMoon. “We are excited to be in the next phase of our road map and successfully launching on …

Machine NFTs: The New Machine Economy Powered by NFTs

If there’s one thing that has overwhelmed the universe aside from cryptocurrency, it is definitely NFTs. The NFT craze between 2020 and 2021 alone was out of the ordinary, and to date, no one really knows what triggered the interest, but who cares now? Given the amount of money moving in and out of the …

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already …

DAY LONG NEWS ROUNDUP: LATEST NEWS 17/11/21

We cover the crazy world of blockchain and cryptocurrencies and bring you the latest updates from 17/11/2021 to help you stay informed of the insane things that are shaping the future of finance and business around the world. AMC Theatres to accept Shiba Inu via Bitpay in the upcoming two to three months Adam Aron, …

Coinbase Reinvests $180 Million Profit in Crypto: Ethereum & Bitcoin Still Top Tokens

Coinbase has released its 3Q financial summary, highlighting key business and financial metrics, a report of the previous quarter as well as in-depth insights into the crypto market. According to Coinbase’s report, although institutions have split their interest into other crypto assets, Bitcoin and Ethereum maintain their leading positions. This fact is proven via the …

Coinbase Reinvests $180 Million Profit in Crypto: Ethereum & Bitcoin Still Top Tokens

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Kraken Is Delisting Top Privacy Coin Monero (XMR) For UK Users

It seems UK users will soon be unable to access Monero on one of the leading crypto exchanges. There have always been concerns around the Bitcoin competitor regarding the absolute privacy that the digital asset confers. Until now, it remains impossible to track/trace Monero transactions, making it the ultimate privacy coin, and governments are worried …

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