The 2022 MTV Video Music Awards (VMAs) added a new category to its list of competition categories. This year artists are eligible to compete under the category of “Best Metaverse Performance” for a coveted award. Initially, the award show began in 1984 as an esteemed recognition for music video prowess. Major music artists, including Madonna, …
Continue reading “MTV introduces the ‘Best Metaverse Performance’ award category”
One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges can create and sell BTC that’s only in their system, not on the blockchain, to manipulate the …
The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past month. Bitcoin (BTC), which was looking to break through $25,000 resistance last week, fell below $22,000 to register a new two-week low of $21,747. Ether …
Continue reading “Crypto market bloodbath leads to over $500M in liquidations in 24 hours”
Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows. As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip to $25,000 was never meant to last. Realized price comes back to haunt the BTC chart After taking some by surprise …
Continue reading “Weak address growth points to Bitcoin price failing to sustain $25K”
Canada’s OSFI has created interim rules limiting banks’ exposure to cryptocurrencies. The rules will come into effect in the second quarter of 2023. The regulator will update the interim approach as needed. The Office of the Superintendent of Financial Institutions (OSFI), a Canadian regulator, has said that banks and insurers in the country must limit …
Continue reading “Canadian Regulator Limits Crypto Exposure for Banks and Insurers”
Crypto lender platform Hodlnaut has laid off 80% of its staff In a blog post published Friday, the firm added how the decision to lay off employees has been taken to reduce the firm’s expenditure. Troubled crypto lender platform Hodlnaut has laid off 80% of its staff to reduce the firm’s expenditure. Hodlanaut had earlier …
Continue reading “Hodlnaut Lays Off 80% Of Its Staff To Reduce The Firm’s Expenditure”
Influencer Magnus Granath, also known as @hodlonaut, took to Twitter to rally support for his upcoming legal battle with Craig Wright. The trial will be heard In Granath’s native country Norway on September 12 and relates to a “declaratory statement” filed against Wright. Dear bitcoiners, I need your help to finish a fight that began …
Continue reading “Twitter influencer Hodlonaut drums up support ahead of Craig Wright trial”
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $21,750.59 and BTC market dominance is %. The price of Ethereum is $1,740.31 and ETH market dominance is %. The best performing cryptoasset sector is Deflationary, which gained 17%. Go to Source
The Merge has been a hot topic of conversation within the Ethereum ecosystem for years. The third revision of the original Ethereum whitepaper included references to proof-of-stake in 2014. Vitalik Buterin added references to PoS, stating that both PoW and PoS can “serve as the backbone of a cryptocurrency.” “The mechanism behind proof of work …
Continue reading “September 14 may be the biggest day in the history of the internet”
On September 26, a huge chunk of the Cosmos community is expected to flock to Medellin, Colombia, where they’ll attend the largest and most significant conference for the Cosmos ecosystem. This is the second event hosted by Cosmoverse, which intends to become one of the biggest driving forces for the growth of the vast Cosmos. …
Continue reading “Cosmoverse is bringing the best of the Cosmos ecosystem to Latin America”
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech stores. Crypto Platform Whitepay Launches Coin Payments in Major Tech Stores in Ukraine Whitepay, …
Continue reading “Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores”
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real world” use cases. Among these activities are remittances, stablecoin-based yield generating investment options, and also payments, with Bitso and Mercado Bitcoin being …
Continue reading “Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases”
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service providers. Instead, the regulator wants financial institutions to only consider “de-risking” when the …
Fan tokens have carved their own niche in the crypto scene. Their use case doesn’t exist within only the digital but provides critical powers to the holders who can govern certain aspects of their teams. One of the main reasons it seems that the top crypto gainers on Binance today are fan tokens. And because …
Continue reading “Top Crypto Gainers on Binance Today are Fan Tokens”
A top executive at financial services giant Fidelity Investments believes that Bitcoin (BTC) is currently a bargain. Fidelity’s director of global macro Jurrien Timmer says that based on the thesis that Bitcoin price will rise as its network grows, the flagship crypto asset is looking “cheap”. “If you believe in Bitcoin’s adoption-curve thesis (i.e. that …
