Kraken recently announced the acquisition of the non-custodial staking platform Staked, which is set to boost the crypto exchange’s product offer. The move will enable the exchange to expand the number of supported networks and offer a non-custodial alternative to Kraken’s current custodial staking service. Kraken stretches its ‘staking’ tentacle The acquisition of non-custodial staking …
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The total supply of the flagship crypto-asset, Bitcoin, now stands at around 19 million. While many tout the decentralized nature of the asset, a recent study has revealed the coin might be more centralized than we think, as only a minute fraction of all wallet addresses hold nearly one-third of the total circulation of the …
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Cross The Ages is a new metaverse game set to be launched on Polygon next year. And while this segment of the industry has gained huge popularity this year and yielded hundreds of projects competing for the market, Cross The Ages aims to position itself on top of the competition. Created by gaming industry veterans, …
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GSC Game World and Ubisoft, two game development companies, are dealing with backlash about the inclusion of NFT elements in some of their games. While GSC Game World — developer of the popular Stalker gaming franchise — has abandoned its plans in this regard, Ubisoft is pushing forward and has announced a partnership with Aleph.im …
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The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of …
The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms of TVL in defi. Terra Protocol’s …
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Large Ethereum (ETH) whales are gobbling up Shiba Inu (SHIB), according to the crypto tracker WhaleStats. The whale-watching platform reports that the popular Ethereum-based memecoin is the most traded and “biggest hodling” token among the top 1,000 ETH wallets. Shiba Inu is the 13th-largest crypto asset by market cap and currently trading at $0.000033, up …
The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with President Nayib Bukele announcing a new purchase of 21 BTC on Tuesday. Worth around $1,036,000 at the time of writing, El Salvador’s latest BTC investment is to celebrate the “last 21st day of the year 21 of the 21st century” …
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Tesla and SpaceX CEO Elon Musk showed no support for the metaverse and Web 3.0 ecosystems as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’ screen to their face all day,” said Musk in an interview with The Babylon Bee when asked about his …
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Layer 1 sharded blockchain Zilliqa recently announced it will be launching its own extended reality (XR) platform, dubbed ‘Metapolis’ in January 2022. Ready to enter the Metaverse, Zilliqa’s ‘Metapolis’ is designed as an “amalgamation of AR and VR” that will leverage several engagement layers, including NFTs, e-commerce, play-to-earn, digital mannequins, advertising billboards, and beyond. Conceptually …
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As an emerging public chain ecological cluster, Polkadot has shown its power. Through its excellent multi-chain slice architecture design, Polkadot has become the most anticipated alternative to Ethereum at present. With the bidding of the Kusama slot, smart-contract platforms like Moonriver (Moonbeam first network), Acala (Karura), and Shiden (Astar) have been put into use. These …
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According to Bloomberg, the Indian cryptocurrency bill has yet again been shelved, with sources confirming that the bill may not be introduced in the winter session of the parliament this year. The sources familiar with the matter also told Bloomberg that Prime Minister Narendra Modi’s government wants broader consultations to be held before finalizing the …
sponsored Most crypto-oriented gaming projects usually run on the likes of Ethereum (ETH), Solana (SOL), EOS (EOS) and Tron (TRX). Despite Ethereum’s (ETH) dominance however, a growing number of game developers are now launching on Polygon (MATIC). GensoKishi Online Metaworld is a part of this list, and it’s simple to understand as to why that …
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Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and …
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border nature of the transactions,” said the country’s central bank, the Monetary Authority of …
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