The U.S. Securities and Exchange Commission (SEC) is hiring 20 more employees for the newly renamed Crypto Assets and Cyber Unit, formerly known as the Cyber Unit. On Tuesday, SEC chair Gary Gensler said in an official announcement that the new hires will help protect investor interest in the emerging crypto markets. “The US has the greatest …
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United States Senator Cynthia Lummis appeared on a livestream hosted by Axios on Tuesday to tease the highly awaited bill on cryptocurrency she is authoring. The Wyoming Republican said the bill will be introduced as “one big piece so people can see the big picture” and be broken down into five or six components for …
Continue reading “Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it”
Stokely-Van Camp, the beverage company with the original rights to market and produce Gatorade, may be exploring releasing virtual sports drinks in the metaverse. According to records submitted to the United States Patent and Trademark Office, or USPTO, on Wednesday, Stokely-Van Camp filed two applications for the word Gatorade and the sports drink’s “G”-shaped orange, …
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A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading. The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for DApp users to interact with the Ethereum network. This is …
Continue reading “Record-high surge in Ethereum Name Service domains triggers 90% rally in ENS”
Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in support of the NYM Innovation Fund. Nym intends to issue grants to developers and incentivize them to build on top of Nym’s decentralized infrastructure. This funding comes a couple of weeks after its native token NYM launched …
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The Bitcoin price prediction indicates sideways movement as further upside has been rejected after touching the daily high at $38,643. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $35,000, $33,000, $31,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently hovering at $38,208 as the king coin …
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Summary: Ethereum could end 2022 at $5,783 and hit $11,764 by 2025 and $23,372 by 2030 The price predictions are by Finder.com’s panel of analysts Ethereum’s increment in price is hinged on a successful upgrade to Proof-of-stake and fighting off other networks in the DeFi space The number two digital asset of Ethereum (ETH) could …
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May 3, 2022 – Singapore, Singapore T.E.A.M DAO (TEAM), the metaverse’s first guild 3.0, announced today that it has raised $5 million in a Series A round of funding co-led by Krust Universe and Animoca Brands, with participation from Great South Gate, Shima Capital, Anti Fund, Algorand, GSR, NGC Ventures, Libra Ventures, Nexo Capital, EX …
May 3, 2022 – Taipei, Taiwan Yield Guild Games Southeast Asia (YGG SEA), a sub-decentralized autonomous organization (subDAO) of the Philippines-based blockchain gaming startup Yield Guild Games (YGG), today announced the upcoming initial DEX offering (IDO) of its SEA token on the Copper launchpad. The SEA token launch auction will commence on the Copper platform …
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May 3, 2022 – Los Angeles, California The decentralized social media race is just starting to heat up. Elon Musk finalized his purchase of Twitter, and now everyone is wondering how long it will take for him to make it Web 3.0. While Elon could face an uphill battle considering the Twitter employee backlash, there’s …
Continue reading “Decentralized Web 3.0 LinkedIn Competitor Launches on DeSo”
Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after the United States Federal Reserve pledged to reduce its $9 trillion balance sheet. While inflation has been surging worldwide, the first signs of an economic downturn showed as United Kingdom’s retail sales fell 1.4% in March. …
Continue reading “3 reasons why Bitcoin price is clinging to $38,000”
In a statement published on Monday, Japanese video game publisher Square Enix announced that it would be divesting its popular Tomb Raider franchise for $300 million and investing the proceeds into blockchain, artificial intelligence (AI) and cloud computing technologies. The principal developer of Tomb Raider is Square Enix’s subsidiary Crystal Dynamics, which generated $92 million …
Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash. February and March showed signs of recovery, especially after the steep declines in December …
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Crypto exchange Kraken has opened a waitlist for its nonfungible token, or NFT, marketplace in beta more than four months after CEO Jesse Powell announced the initiative. In a Tuesday blog post, Kraken said it had opened the waitlist for its marketplace, which will allow users to buy and sell NFTs and reportedly, use tokens …
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Summary: Solana has announced plans to introduce a feature that allows its users to specify an additional fee per transaction The feature comes in the wake of the Solana Network suffering a seven-hour outage due to spambots Two other mitigations have been proposed to prevent a similar outage They include the implementation of QUIC and …
