The global crypto market has found its way back above the $1 trillion market cap. Even some of the top hundred coins are doing pretty […] Go to Source
Monthly archives: November 2022
XRP Whale Suddenly Moves Massive $148,102,802 Trove of Crypto
A deep-pocketed crypto investor is abruptly moving a massive trove of XRP worth nearly $150 million over the past weekend. On Saturday, an unknown wallet sent 313,218,270 XRP worth more than $148 million to another unknown wallet, according to the blockchain-tracking platform Whale Alert. Blockchain explorer Bithomp reports that the XRP Ledger (XRPL) fee for …
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Trader Who Accurately Predicted Dogecoin Explosion Says This Ethereum-Based Altcoin May Be Next
A popular crypto analyst who correctly predicted the recent rise of Dogecoin (DOGE) says another dog-themed meme coin may be next. The pseudonymous trader SmartContracter tells his 213,000 Twitter followers that the Ethereum-based altcoin Shiba Inu (SHIB) will likely witness an echo rally. “If you missed DOGE, which is fine by the way, you still …
Chinese central bank exec says digital yuan will offer ‘controllable anonymity’
Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan. He outlined the progress and the adoption of the national digital currency. During his speech, Yi noted that the digital yuan is being positioned as an alternative …
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South Korean regulators aim to toughen crypto fraud punishments
In the aftermath of the Terra collapse last spring, South Korean legislators intend to ramp up legislation, putting specific emphasis on the protection of investors in virtual assets — i.e. digital currencies — and harshening penalties for unfair trade acts in the industry. According to local media, the Financial Services Commission (FSC) and the National …
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Twitter Owner Elon Musk’s Shiba Inu Tweet Makes Dogecoin Gain 22% in Just 4 Hours
Twitter owner and CEO Elon Musk tweeted a picture of a Shiba Inu on Nov. 1, sending DOGE into a 22% rally in just 4 hours. The meme coin has had a phenomenal week because of Musk’s acquisition of Twitter, with the token up by nearly 160% over the past week. There have also been …
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Shanghai Upgrade Is Coming: Ethereum Pulls Off Shandong Testnet
Shanghai, the next major upgrade of Ethereum post-Merge, now has a testnet. Recently, the Ethereum Foundation JavaScript team announced the launch of the Shandong testnet in preparation for its upcoming Shanghai upgrade. This is the first major upgrade of the network after the Merge was activated in September. The Merge closed the whole episode of …
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CryptoSlate Daily wMarket Update – Oct. 31: DOGE spikes higher on rumors of Twitter integration
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.3 billion to $1,025.9 billion from $1,027.2 billion as of press time — down 0.2%. During the reporting period, Bitcoin’s market cap fell 0.7% to $395.7 billion from $398.4 billion. Meanwhile, Ethereum’s market cap decreased 1.7% to $194.9 billion from $198.3 billion. …
Art Gobblers trading volume surges as floor price spikes
A new free-to-mint NFT collection Art Gobblers, has seen a massive uptick in its trading volume, beating famed collections like Bored Ape in the last 24 hours. According to OpenSea data, Art Gobblers ETH trading volume was 6928 ($11 million) in the last 24 hours — over 10x the volume of Bored Ape and CryptoPunk. …
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Coinbase argues SEC’s XRP lawsuit caused $15B in losses for retail traders
Crypto exchange Coinbase has filed an amicus brief in support of Ripple (XRP), arguing that the SEC’s lawsuit led to retail traders losing $15 billion. According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin’s market cap declined. The U.S.-based crypto firm continued that …
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Big Four Company EY Takes Wavespace Utility to the Metaverse
EY, one of the “big four” accounting companies, is taking part of its software suite into the metaverse. EY wavespace, a utility that lets customers join meetings with EY personnel from several places around the world, will now include immersive experiences, allowing customers to interact in VR environments. EY Steps Into the Creative Metaverse EY, …
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ZoidPay Announces the Launch of ZETA, the First on-Demand Metaverse
press release PRESS RELEASE. 1st Nov 2022, Bucharest, Romania — As part of its commitment to democratize access to the next generation of Web 3.0 Financial Services, ZoidPay has announced the launch of ZETA, the first on-demand Metaverse. What is ZETA? Integrating Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR), ZETA allows users …
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Victory of President-Elect ‘Lula’ in Brazil Might Bring the Rise of a Common Currency for Latam
The victory President-Elect Luis Inacio Lula Da Silva obtained on Oct. 30 over the incumbent Jair Bolsonaro in Brazil might open the gates for the proposal of a single currency for the countries of Latam. Lula announced this as part of his campaign, preaching the utility of a common currency as a way of fighting …
Vitalik Buterin Says Crypto Is a ‘Better Bet’ Than ‘Incredibly Inconvenient’ Gold
The Ethereum blockchain co-founder, Vitalik Buterin, insisted in a recent tweet that crypto is a better bet than gold, which is not only inconvenient, but difficult to use as well. While Buterin asserts that such characteristics make gold less appealing, some crypto opponents argued that gold is better, because unlike the Ethereum blockchain, it is …
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Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021
In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest year-on-year growth rates globally. ‘Record-High Number …