The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to Hire Talented Individuals Saudi Arabia …
Monthly archives: April 2022
Fidelity Launches Multi-Level Learning Center in Metaverse
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design complete with a lobby, dance floor, and rooftop sky garden for users to …
Continue reading “Fidelity Launches Multi-Level Learning Center in Metaverse”
Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds
Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Among his promises are to eliminate crypto spam bots, ensure free speech, implement edit functionality, and simplify the account verification process. Elon Musk’s Twitter Improvement Priorities Elon Musk, the CEO of Tesla and …
Continue reading “Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds”
Game Space: One of the First GaaS ‘GameFi as a Service’ Platforms
sponsored On April 22nd Michael Cameron the CEO and Co-founder of Game Space announced that it has released one of the first GaaS “GameFi as a Service” Platform. Game Space also announced that it had received more than US $7 million in financing. This round of financing is jointly led by top-tier VCs, Listed Gaming …
Continue reading “Game Space: One of the First GaaS ‘GameFi as a Service’ Platforms”
The new HM Treasury regulations: The good, the bad and the ugly
As the 2021-2022 United Kingdom tax year finished on April 5, 2022, Her Majesty’s Treasury announced they were paving the way for the U.K. to become a global crypto asset technology hub. This could mean that the previously not particularly crypto-friendly U.K. is changing its strategy and trying its hand at making crypto investments more …
Continue reading “The new HM Treasury regulations: The good, the bad and the ugly”
Highlights from Coinbase’s First Smart Contract Hack Days
By Michael Li, Vice President, Data at Coinbase Hackathons have been a long-standing and important part of Coinbase culture, as they give our engineering teams the opportunity to collaborate with one another and experiment directly with the tools that are enabling a new era of open finance. At Coinbase, we acknowledge that Web3 unlocks a …
Continue reading “Highlights from Coinbase’s First Smart Contract Hack Days”
What are Bridges? Illicit use of bridges
By Heidi Wilder, Special Investigations Manager & Tammy Yang, Blockchain Researcher Part 1: What are Bridges? Bridge Basics, Facts, and Stats Illicit actors are often attracted to the newest forms of technology, and bridges are unfortunately no exception to that rule. Illicit actors are defined as individuals or groups conducting illicit activity, such as scams, …
Coinbase Ventures Q1 recap and market outlook
Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey TLDR: Despite the market downturn, Q1 was another highly active quarter for crypto venture funding. On the infrastructure side, we’re seeing a ton of activity within cross-chain solutions and DAO tooling. New layer-1s are still being incubated. Familiar …
Continue reading “Coinbase Ventures Q1 recap and market outlook”
What are Bridges? Bridge Basics, Facts, and Stats
By Heidi Wilder, Special Investigations Manager & Tammy Yang, Blockchain Researcher Introduction Recent questions have been raised about how bridges and mixers work both for legitimate business purposes and illicit financial transactions. Although mixing services have been extensively analyzed for years, bridges are a newer concept that became popular in 2021. Bridges allow crypto holders …
Continue reading “What are Bridges? Bridge Basics, Facts, and Stats”
gm! Coinbase NFT is now in beta
Image by Amber Vittoria By Sanchan Saxena, VP of Product, Ecosystem Products gm NFT Community, Last year we announced Coinbase NFT, a Web3 social marketplace for NFTs. Since then, we’ve been building in the open and getting input from the NFT community. We shared previews of our progress with collectors and creators and received amazing …
Cardano (ADA) Is One Of The Worst Performing Crypto In Terms Of Profit
Cardano (ADA) has made it on the list as one of the worst-performing assets when it comes to profitability. The ability to make a profit from a digital asset is what drives the majority of investments when putting money in the asset. However, for some, this has not been the case given that their assets …
Continue reading “Cardano (ADA) Is One Of The Worst Performing Crypto In Terms Of Profit”
Time Vs Price: Why This Bitcoin Correction Was The Most Painful Yet
Bitcoin price continues to move sideways in an increasingly tightening trading range to the dismay of cryptocurrency investors. The bearish sentiment across the space is among the most prominent in years — potentially more bearish than the 2018 bear market. Here is why the recent correction has felt far more painful than even Black Thursday, …
Continue reading “Time Vs Price: Why This Bitcoin Correction Was The Most Painful Yet”
Is Bitcoin Gonna See Another Big Drop Soon? Historical Trend May Say Yes
Historical trend of the 200-day and 600-day MAs may suggest Bitcoin could observe another big drop in the near future. Current Bitcoin Pattern Has Historically Lead To A Big Drop In The Price As pointed out by an analyst in a CryptoQuant post, the current Bitcoin price looks to be squeezed between the 200-day and …
Continue reading “Is Bitcoin Gonna See Another Big Drop Soon? Historical Trend May Say Yes”
Bitcoin Under Pressure Near $40K, Here Are 2 Reasons Why That Could Change Soon
Bitcoin remains rangebound in the high $30,000 to low $40,000 areas. The first crypto by market cap has seen its volatility reduce as several factors contribute to the slowdown across the sector. Related Reading | TA: Bitcoin Trims Gains, Support Turned Resistance At $41K At the time of writing, Bitcoin (BTC) trades at $40,500 with a …
Continue reading “Bitcoin Under Pressure Near $40K, Here Are 2 Reasons Why That Could Change Soon”
What Sell Pressure? Bitcoin Exchange Reserves Hit 4-Year Low
Bitcoin has started a recent downtrend that is threatening its position above the coveted $40,000 level. This is presumed to be caused by major sell-offs in the market. However, exchange metrics continue to show that this is not entirely the case. Exchange balances have been plummeting for the past year pointing towards massive accumulation trends …
Continue reading “What Sell Pressure? Bitcoin Exchange Reserves Hit 4-Year Low”