David Beckham and Madonna Make an Entry into the Metaverse

Quick take: The legendary pop star, Madonna, has acquired her very first Bored Ape NFT MoonPay facilitated the transaction for Madonna that cost her 180 Ethereum (ETH) English Premier League Hall of Famer, David Beckham, is now the global brand ambassador for the DigitalBits blockchain David Beckham plans to connect with his fans and work …

Court Dismisses Craig Wright’s Case Against Bitcoin Developers

A U.K. court has dismissed a case against Bitcoin developers by Craig Wright. The court says that Tulip Trading Limited has not established a serious issue to be tried on the merits of the claim. Wright and TTL could still appeal against the decision. Craig Wright’s case against Bitcoin developers may have been dismissed by …

Solana Price Continues To Soar, Gains 10% In The Last 24 Hours. 

The SOL token has gained 10% in the last 24 hours Solana’s consistent price ascent has been accredited to its recent collaborations with notable gaming industry experts.  Solana, one of the most popular and sustainable cryptocurrencies in the market, has surged 10% in the last 24 hours. Despite facing intense market volatility and turbulence, Solana …

UK FCA Issues AML Compliance and Risk Obligation Reminder to Crypto Firms

Britain’s top watchdog has released a statement reminding cryptocurrency companies in the country of their obligations when providing digital asset services. The notice focused on seven key points including crypto-asset business registration. UK’s Central Bank has also announced its crypto regulatory framework. UK’s Financial Conduct Authority (FCA) published a notice to regulated institutions that offer …

Bitcoin Hits $44k on Rumors of Russia Accepting BTC for Energy Exports

Quick take: Bitcoin has hit a local high of $44k Bitcoin is currently in bullish territory above the 50-day and 100-day moving averages The bullishness surrounding Bitcoin and the push towards $44k can be attributed to rumors of Russia accepting BTC for energy exports Bitcoin could hit $48k around the 200-day moving average Bitcoin has …

Cardano Gains 38% in 1 Week as Coinbase Launches Staking of ADA

Quick take: Cardano has broken from a downtrend and gained roughly 38% in a week The rise in value can be attributed to ADA/USDT being oversold in the daily chart Coinbase announced that it now supports staking of Cardano Grayscale also launched a smart contract platform fund with Cardano allocated a weighted value 24.63% The …

Anchor Protocol Will No Longer Pay 20% APY

Anchor Protocol DAO has passed a proposal that will implement a semi-dynamic Anchor Rate. UST could reach a market rate of 5–15% according to some analysts. The change comes at a time when UST and LUNA are seeing tremendous growth. The Anchor Protocol DAO has voted on a proposal that will see it switch to …

SEC-Ripple Case May Reportedly End This Year

The SEC Ripple case may reportedly end this year as per sources The case which initially began in December 2020 propelled XRP to get delisted from prominent crypto exchanges The crypto investors are hoping that both parties may soon reach a favorable consensus and put an end to the year-long lawsuit.   The cryptocurrency market is …

El Salvador’s President Bukele Fires Back at The US Over Anti-Bitcoin Adoption Policy

The US government does not stand for freedom says El Salvador President Nayib Bukele in response to America’s proposed legislation regarding Bitcoin adoption. Bukele’s comments after the US Congress introduced an Accountability bill back in February. El Salvador plans to launch a Bitcoin bond in partnership with major crypto exchange Bitfinex. Despite the recent US …

“Careers in Ethereum and Web3” to Connect Job Seekers with Global Hiring Organizations

Virtual Job Fair Presented by the Enterprise Ethereum Alliance and the Blockchain Education Network to Offer Job Seekers Career Connections on March 31, 2022, from 2 to 4 p.m. Eastern Hiring Organizations Include Accenture, IO Builders, ConsenSys, Hacken.io, Microsoft, Palm NFT Studio, SKALE Labs, Steel Perlot, Quantstamp, Trail of Bits and More Featured Speakers Include …

Thailand SEC Cuts Out Cryptocurrencies from Accepted Payment Methods

Thailand’s top regulatory body has announced a ban on Bitcoin and other cryptos in the country. The policy restricts companies from accepting digital assets as a payment method for goods and services. However, the Thai SEC stressed that trading and crypto investments remain legal. Cryptocurrencies will no longer serve as an acceptable means of payment …

Do Kwon Unveils Plan To Increase UST’s Bitcoin Reserves To $3 Billion

Terraform CEO Do Kwon revealed plans to add $3 billion to UST’s Bitcoin reserve Luna Guard Foundation has already raised $2.2 billion to bolster UST’s BTC reserves.  Terraform CEO Do Kwon took to Twitter to unveil plans of increasing UST’s Bitcoin reserves to $3 billion. Do Kwon, in a series of tweets posted on Tuesday, …

GameStop NFT Marketplace Beta Launches on Loopring

The beta version of GameStop’s NFT marketplace has gone live on Loopring L2. The marketplace will use the zk-Rollup technology to power its transactions, allowing trades at low cost and high speed. GameStop will focus on attracting developers and players to use its marketplace, with the aim of becoming a hub for digital economies. GameStop’s …

LRC Gains Over 40% as GameStop Taps Loopring for NFT Marketplace

Global video gaming retail giant GameStop has officially stepped into the non fungible token (NFT) space with the beta launch of its marketplace. The project is built using the Ethereum layer 2 solution Loopring. Also, the news triggered a massive surge in LRC and GME market prices. According to a medium article published on Wednesday, …

The Week Begins: All Eyes On Ethereum

More than 2 million Ethereum, worth around $5.8 billion, was reportedly burnt since the last update. The burns started following Ethereum Improvement Proposal 159, or EIP 1559, from the London hard fork. EIP 150 does not limit the total supply of Ether, instead, kicking off a mechanism that destroys an amount of Ether in circulating …

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