MANA price is seeking to continue the breakout above the descending triangle as bulls target new record highs above $5. The Decentraland price rally was triggered by the announcement by Facebook that it was rebranding to Meta as it planned to build a metaverse, which sparked investors’ interest. MANA formed a descending triangle breakout on …
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Over half of the blockchain industry’s overall activity in October came from game dApps. This is the conclusion made in DappRadar’s State of the Blockchain Game Sector October 2021 report, which analyzed activity and the number of users blockchain-based games saw last month. According to the report, rising cryptocurrency prices and booming interest in the …
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market. Onedegree to Underwrite Insurance Policies for Crypto Assets Hong Kong has several …
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Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 133 and 134, the LUNA will be burned and swapped for the native stablecoin of the chain, UST. This burn is expected …
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Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors Thursday. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Meta (formerly Facebook) and Microsoft, which are already trying to grasp the concept. Some of these …
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Financial services firm deVere Group CEO Nigel Green is predicting the timeframe for the Bitcoin bull run while offering his outlook on three competing smart contract platforms. Green says that the price of Bitcoin could continue rising until Q2 of 2022 at the very least as concerns over inflation rise. “This latest data out of …
The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power. The Central Commission for Discipline Inspection (CCDI) alleged that Xiao Yi, former vice-chairman of the Chinese People’s Political Consultative Conference from Jiangxi province abused his state-backed administrative …
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In an industry with plenty of fast ascents and precipitous falls, many wondered whether the platform had the staying power to remain a central institution in DeFi lending. Nearly 2 years later, Aave is still going strong, especially in relation to its one-time close rival. This article will take a closer look at the two …
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Just two weeks ago Decentraland hosted the first Metaverse Festival with musicians from far and wide taking part in the epic four-day festival of avatars, music, and NFTs. Now, just one day after the well-attended Ape Fest, Universal is getting a slice of the action by forming a virtual band called Kingship with four famous …
Continue reading “Four Bored Ape Yacht Club NFTs form Gorillaz-like music group”
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s. Moreover, after nine consecutive difficulty changes, going forward, …
A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited to different addresses. 750 BTC Removed From Crypto Pyramid Finiko Wallet A …
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We are bringing you the top stories making headlines in the blockchain and crypto space on 13/11/21 so you can stay informed and ahead of the curve. Miami plans to give free bitcoins to residents, perks from the city coin The city of Miami is emerging as a top candidate in the race for establishing the largest …
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By Rishav Mukherji, Senior Product Manager, Coinbase Many of our customers are looking for ways to better understand crypto both as an investment and as an app platform, but it can sometimes be challenging to find relevant information at the right time. Coinbase wants the crypto community to be an active part of this education effort. …
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Random Edge is a transparent, verifiably random, and ultimately fair NFT auction platform that offers a shot at glory for those that participate. Time and time again there have been stories of individuals making life-changing wealth with NFTs. These kinds of stories often drive people to mint as many possible NFTs during an auction/mint, hoping …
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News of Elon Musk selling Tesla shares has rocked the market lately. The billionaire had sold a total of 2.15 million shares valued at $5 billion on Thursday. The sale comes after a widely received poll that the Tesla boss had earlier set up on Twitter to ask the community what they think about him …
Continue reading “Elon Musk Sells Tesla Shares For $5B. Will He Buy Dogecoin?”
