Crypto.Com and AEG Sports reveals plan to renovate Arena

In a move to venture into the sporting sector, major crypto exchange Crypto.com has announced a possible injection of new funds. The investment came in as an intervention for the organization while it was battling harsh financial implications. Crypto.com and AEG Sports have designed a nine-figure investment blueprint. The investment plan will aid the organization …

Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs

Jason Stone of KeyFi filed a lawsuit against Celsius, claiming that Celsius owed KeyFi “millions of dollars,” and now Celsius returned fire by suing KeyFi and Jason Stone for the mismanagement and theft of client funds. The complaint describes KeyFi and Stone as “extraordinarily inept at the investment strategies they were undertaking.” The legal complaint …

Blockchain.com Inks Multi-Year Deal With Dallas Cowboys Star Quarterback Dak Prescott

The crypto firm Blockchain․com announced on Tuesday that the company has inked a multi-year partnership deal with the Dallas Cowboys quarterback Dak Prescott. Blockchain.com says the Cowboys quarterback will appear on TV, radio, and social media in order to bring his “personal brand firepower to introduce crypto to a broader audience.” Dallas Cowboys Quarterback Dak …

Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz

The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse avatar system. Investors Inject Ready Player Me With Fresh Capital, CEO …

What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake

In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal. You’ve Heard About The Merge, Why Is It …

CRV Climbs by 7.39%; Tamadoge Is Obeying the Bulls

If the Curve (CRV) price creates more additional uptrends, it will be technically and fundamentally ready to break above the $1.3 level. CRV Prediction Statistics Data: CRV price now – $1.18 CRV market cap – $621.1 million CRV circulating supply – 528 million CRV total supply – 1.8 billion CRV Coinmarketcap ranking – #68 CRV/USD …

Here’s the Worst-Case Scenario for Bitcoin (BTC) in 10 Years, According to Macro Guru Raoul Pal

Real Vision CEO Raoul Pal says that Bitcoin (BTC) can still erupt en route to outperforming other asset classes in the next 10 years even in his worst-case scenario. In a recent roundtable discussion on the Scott Melker YouTube channel, the former Goldman Sachs executive explains how the more extreme an asset’s inherent volatility (VOL) …

Bitcoin (BTC) Flying Out of Exchanges As HODLers Lose Faith In Centralized Entities: Crypto Insights Firm

Arcane Research says that investors are moving their Bitcoin (BTC) out of exchanges as crypto users increasingly prefer holding their own digital assets. In a new report, the crypto insights firm says that the benchmark digital asset has been flowing out of exchanges for seven of the past eight months of 2022. Source: Arcane Research …

Analyst Says Bitcoin (BTC) and Crypto Bear Market Just Getting Started – Here’s Why

Closely followed analyst Nicholas Merten says that Bitcoin (BTC) and crypto markets are only at the beginning of an extended bear cycle. In a new strategy session, the host of DataDash tells his 515,000 YouTube subscribers that other markets are already starting to signal that an unfavorable macro environment is unfolding, which will inherently weigh …

Creditors of Bankrupt Voyager Digital Oppose Company Giving Out Bonuses to Employees

An embattled crypto brokerage firm is under fire for seeking to pay out nearly $2 million as part of an employee retention package. According to a new filing in a New York bankruptcy court, lawyers speaking on behalf of a group of unsecured creditors are disputing Voyager Digital’s proposed Key Employee Retention Plan (KERP). “At …

A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’

Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market.  According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000 level was followed by “distribution” as profit-takers and short-term holders sold as price encountered a trendline resistance …

Iconic brands including Nike, Gucci have made $260M off NFT sales

The hype surrounding nonfungible tokens (NFTs) has allowed some of the world’s most iconic brands to rake in hundreds of millions of dollars in additional revenue, underscoring the mass consumer appeal of digital collectibles.  Leading brands including Nike, Gucci, Dolce & Gabbana, Adidas and Tiffany have amassed a combined $260 million worth of sales from …

Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto

Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed to turn over roughly $17 million worth of cryptocurrency. In a Tuesday filing with the U.S. Bankruptcy Court in the Southern District of New York, Celsius’ legal team brought a complaint against Prime Trust, alleging the company did not return …

Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen

United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary Janet Yellen on Tuesday regarding the Treasury Department’s sanctioning of cryptocurrency mixer Tornado Cash on Aug. 8. In his letter, Emmer posed a series of questions that seek to clarify the position of the Treasury Department’s Office of Foreign Assets Control (OFAC). Emmer …

Top 5 Best Crypto to Buy/Invest In on Reddit 2022

Reddit is a popular internet news and content-rating website, and we will reveal the Top 5 Best Crypto to Buy/Invest In Reddit. It is a community network where people can explore their passions and interests. It is typically the first call for users looking for information on a topic, including the cryptocurrency industry. If you’re …

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