Rare Pepe NFT collector loses $500,000 after failing to read the fine print

Matt Furie, the creator of Pepe The Frog, joined the crypto world last year as he released the following image as an exclusive NFT. However, six months later, the father of modern memes may have just set fire to the whole digital collectable industry. Source: OpenSea The Rare Pepe backstory In October 2021, Furie founded …

Prince Philip of Serbia says “only way around inflation is Bitcoin”

A few days ago, Prince Phillip of Serbia was the guest of the Serbian TV talk show host Ivan Ivanović. During his interview, he spoke fondly of Bitcoin and said it was the ultimate solution to inflation. Examples from Russia and Turkey also indicate that Bitcoin is heavily relied on when there is high inflation. …

Move over SundaeSwap, Minswap takes top spot as Cardano TVL jumps to $272 million

The Cardano DeFi ecosystem grew 113% over the last month and now has a Total Value Locked (TVL) of $272 million. This performance sees it climb to 26th place on the DeFi Llama rankings, marginally below EOS and Kusama, both of which have more established DeFi ecosystems and a significantly higher number of protocols. Source: …

Popular crypto podcaster Peter McCormack quits Twitter

Popular crypto podcaster Peter McCormack, out of Bedford U.K., tweeted today he is personally quitting Twitter after facing piles of bad behavior from followers for a long time. McCormack started the “What Bitcoin Did” podcast back in November of 2017, and the podcast has grown to over 470 episodes and seen a strong increase in …

Goldman Sachs completes first OTC Bitcoin options trade with Galaxy Digital

Goldman Sachs executed its first-ever over-the-counter crypto options trade earlier today, marking an important milestone in the expansion of its digital asset offering. The U.S. bank announced that it was exploring the provision of bilateral crypto options earlier this month, but didn’t reveal any details about when such a transaction could happen. A cash-settled Bitcoin …

Government of Malaysia proposes Bitcoin, crypto as legal tender

The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin (BTC) should be adopted as legal tender to help the younger generation who are active users of the currency, especially on non-fungible token (NFT) trading platforms, says Datuk Zahidi Zainul Abidin, deputy minister of the Communication Ministry of Malaysia, reported …

Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that the Fed will “take the …

Metria Network: Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps

press release PRESS RELEASE. Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic decentralized infrastructure is designed to meet the needs of new-age DeFi and NFT applications by overcoming the issues of scalability, interoperability, and fragmentation of liquidity. Currently under development, the Metria multichain platform is …

Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry

During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes are feeling the brunt of rising inflation. After …

Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option

On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia Pacific unit, Max Minton, said the firm was pleased to have executed the bank’s …

225% Rally Hits Decentralized Echange Token After Sudden Binance Listing

An under-the-radar altcoin is in the midst of a parabolic rally after receiving surprise support from Binance, the largest crypto exchange in the world. Biswap (BSW) is a decentralized exchange (DEX) powered by the Binance Smart Chain (BSC) network that uses an automated market maker (AMM) system to fulfill orders. The project is backed by …

Bitcoin a Starting Point for Developing Central Bank Digital Currency, Says Big Four Firm Deloitte

One of the biggest accounting firms in the world says that the underlying technology behind Bitcoin (BTC) is a good starting point for developing an efficient central bank digital currency (CBDC). According to a new report from UK-based accounting giant Deloitte, blockchain-based cryptocurrencies have attributes that when combined with the properties of fiat currencies, could …

Crypto Exchange FTX Accelerates Expansion, Establishes Itself in Two Countries Within One Week

Crypto exchange giant FTX is expanding the world over, moving into the United Arab Emirates (UAE) and Australia within the span of one week. Last Tuesday, FTX’s European trading affiliate FTX Europe announced the approval of its license to establish a virtual assets market in Dubai. According to the announcement, “Dubai is the only global economy to …

Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit

A former reality TV host with millions of followers on YouTube became one of Pakistan’s biggest crypto proponents, and hopes to help his country shine again. When YouTube was banned in Pakistan, Reality TV star Waqar Zaka “had no other option” than to turn to Bitlanders — an artificial intelligence (AI) educational social platform — to …

Gemini receives license to provide electronic money services in Ireland

Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license, and the first since October 2020. Gemini joined such license holders as Coinbase, Stripe, Square and Meta.  The e-money license, for which Gemini applied in early 2020 and received oMarch 14, …

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