Why is David Beckham shilling a low cap layer one blockchain?

Digitalbits, a layer one blockchain solution with a market cap of just over $400 million, announced that David Beckham will be their new global ambassador. According to the statement, he will “help to communicate the transformative power of the DigitalBits blockchain to consumers, brands and other organizations worldwide.” The press release reads much more like …

3 Metrics to Analyze GameFi Projects

While the popularity of GameFi continues to grow, there are still relatively few genuinely fun games among the 1,322 in total. In many cases, it’s not enough to assess the potential of a project just by looking at screenshots or walkthroughs, because the playability of a game is a subjective point.   Instead, investors and analysts …

Venezuela’s Sunacrip Launches Petro-Based Gift Card Market and Exchange

Sunacrip, the Venezuelan cryptocurrency watchdog, has announced a set of improvements to its Petroapp wallet, allowing Venezuelans to use the petro (PTR) for new functions. The app now has an embedded cryptocurrency exchange that allows users to exchange petros for other currencies, and a series of gift card and payment options to increase adoption. Petro …

Bitcoin, Ethereum Technical Analysis: BTC, ETH Begin Weekend Close to Key Resistance Levels

Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently trading 6% higher than at the beginning of the week, this coming as …

Survey: Cryptocurrency Adoption to Grow Significantly This Year in Latam

A new cryptocurrency-related survey presented by Sherlock Communications highlights the growth that Latam countries are expected to experience this year, due to the particular traits the region has compared to other areas of the world. The results of the survey make projections that see crypto adoption growing by triple digits in some countries like Argentina …

PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services

Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to …

Crypto Analyst Issues Massive Price Warning for Bitcoin (BTC), Ethereum (ETH) and Three Altcoins – Here Are His Targets

A widely-followed analyst has a bleak short-term outlook for Bitcoin, Ethereum and several of the largest crypto assets by market cap. The pseudonymous analyst, who goes by the name Capo, tells his 242,000 Twitter followers that there’s no reason to be bullish, and he expects Bitcoin to break down in April. Capo expects BTC to …

Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan

Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan.  Effective from April 1, Coinbase users from Canada, Singapore and Japan will be required to provide additional information while sending cryptocurrencies to a different (non-Coinbase) platform.  However, while Singaporean and Japanese investors will …

Decentralization, DAOs and the current Web3 concerns

What we call Web3 will be centered on an ecosystem of technology products that are decentralized, based on blockchain networks, interoperable, and without a traditional trusted validator (such as corporations, institutions and government bodies). But exactly what does this mean?  What is Web3? Web3, a term coined by Gavin Wood, Web3 Foundation president, is the …

Bitcoin (BTC) Price Prediction: BTC/USD Retests the $45K Overhead Resistance, Can Bulls Breach the Recent High?

Bitcoin Battles the $45K Overhead Resistance, Can Bulls Breach the Recent High? – March 25, 2022 Today, BTC/USD has risen to retest the $45,400 overhead resistance; can bulls breach the recent high?. Since March 13, BTC’s price has been making a series of higher highs and higher lows. On March 25, BTC’s price reached the …

Behind the bipartisan crypto bill that’s coming to Congress

Republican Senator Cynthia Lummis is delivering on her promise to get a cryptocurrency bill to Congress this year. The staunch Bitcoin supporter representing the state of Wyoming won’t be alone in her effort to get fellow congressmen to pass the law—she will work hand in hand with Democratic Senator Kirsten Gillibrand. To read the rest …

Luxury Italian Retailer Michele Franzese Moda Reveals Fashion Brand Accepts Crypto Payments

The Italian luxury brand Michele Franzese Moda has announced the firm is accepting crypto assets for payments. The company revealed the decision via Michele Franzese Moda’s online magazine in an article called “Its Time for Crypto.” Italian luxury Brand Michele Franzese Moda Says ‘Its Time for Crypto’ According to the company’s fashion news blog, Michele …

APENFT Marketplace Makes NFT Drops in the TRON Ecosystem Accessible

press release PRESS RELEASE. Singapore, Singapore / Mar 26, 2022 / — APENFT Marketplace aims to lower the entry barrier for users through a new NFT market and build new forces in the TRON community by issuing exclusive Genesis NFT badges live on March 31. As an essential art foundation in the TRON ecosystem, APENFT’s …

NFT Rug Pull: DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors

The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the website, and transferred over $1 million in crypto to the wallets they controlled, the justice department explained. NFT Purchasers Defrauded in a Rug …

Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says

Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender in Malaysia, Says Deputy Finance Minister Following reports that a high-ranking government official has proposed …

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