Bloomberg’s senior ETF analyst Eric Balchunas took to Twitter to draw statistics concerning the ETF market, stating that the new Proshares Bitcoin ETF had traded $400 million worth of shares yesterday alone. $BITO and $BTF both had their biggest volume days in about two weeks. $BITO with a $400m traded, which is not only a …
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Akt.io, in partnership with the HBAR Foundation, is launching on the Hedera network, becoming the first DeFi app on the carbon-negative blockchain. The HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups, and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, ESGs, gaming, …
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In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, …
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency Is Forbidden for Muslims Under Islamic Law in Indonesia Indonesia’s Ulema Council (Majelis Ulama Indonesia or MUI), the country’s …
press release PRESS RELEASE. MetaWars, a space-themed play-to-earn blockchain game utilising high-tech NFTs, is looking forward to a very bright future following a successful token launch. The game, in which players will take the role of pilots in a futuristic, post-apocalyptic 50th century space war, will utilise special NFTs, its native token, as well as …
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U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S. politicians are creating multi-trillion-dollar packages with money …
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A U.S. Securities and Exchange Commission (SEC) official is offering clarity on decentralized finance (DeFi) while weighing its benefits and risks. In a statement, SEC Commissioner Caroline A. Crenshaw says that DeFi offers notable opportunities and advantages, but aspects of the sector remain riddled with confusion. “DeFi presents a panoply of opportunities. However, it also …
In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls — One of the most widespread types of crypto scams. Booming growth coupled with a lack of oversight by traditional authorities has attracted an influx of fraudsters to the DeFi ecosystem. According …
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With Facebook and Microsoft engaged in a virtual land grab, is there still a future for the dream of a Metaverse that’s owned and built by the community? A dinosaur walks into a bar, orders a whiskey neat and sits down with a pink elephant and a purple, hard-to-place obscure anime character. They watch a …
Continue reading “Crypto kids fight Facebook for the soul of the Metaverse”
The Russian State Duma has created a working group that will tackle the complicated issue of forming regulations for the cryptocurrency mining industry. According to an official announcement on Nov. 11, State Duma Chairman Vyacheslav Volodin instructed the legislature to create a group that will address regulatory gaps in the industry. The group was formed …
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Decentralized, privacy-centric search engine Presearch has announced a partnership agreement with leading nonfungible token (NFT) marketplace OpenSea to foster the growth of the Web 3.0 ecosystem for the global commons. The Presearch network is powered by a community of node operators and supporters who are rewarded in Ethereum-based PRE tokens for enhancing the network’s activity. …
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The year 2021 started with a lot of buzz in the cryptocurrency space, with Bitcoin and Ethereum performing exceptionally well. Investors had returns of up to 30x on their initial investment, thereby making a lot of people interested in joining the cryptocurrency bandwagon with the hopes of making rapid money. This article is to help …
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Research papers are academic writing pieces that come with great importance as they occupy a decent share of the grades in school. It requires in-depth research and good writing skills to put together a good research paper. It might seem like a mammoth task as it involves intensive research and requires patience and practice. …
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A closely followed crypto market trader thinks the Bitcoin (BTC) bull market remains in full swing while predicting an early altseason for one crypto asset in particular. The pseudonymous trader known as Altcoin Sherpa is bullish on the decentralized streaming platform Theta (THETA). He tells his 145,900 Twitter followers that THETA may be gearing up …
The National Ulema Council (MUI), Indonesia’s top Islamic scholarly body, has reportedly found cryptocurrencies like Bitcoin (BTC) to be haram, or forbidden, by the tenets of Islam. Asrorun Niam Sholeh, chairman of MUI’s Fatwa Commission, confirmed the religious authority’s rejection of cryptocurrencies due to alleged elements of “uncertainty, wagering and harm.” In order for the …
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