Smaller Altcoins Extend Gains while Bitcoin and Ethereum Look for Direction


Bitcoin price is currently (11:58 UTC) consolidating near the USD 38,500 level. If the bulls remain active, the price could rise towards the USD 40,000 level. Similarly, most major altcoins are attempting a key upside break. ETH could accelerate higher if there is a move above USD 2,800. XRP might...

Sony Acquires Bungie and Possibly Planning a Metaverse


Sony Interactive Entertainment (SIE), the Japanese video game and online entertainment company, has decided to pay $3.6 billion for Bungie, the largest independent games developer. The PlayStation manufacturer’s statement comes two weeks after Microsoft announced its acquisition of Activision...

Meta Joins the Crypto Open Patent Alliance to Support Open Source Technology


Meta has decided to join the Crypto Open Patent Alliance (COPA), vowing to start making its fundamental crypto patents available to all. Among those who have joined the group are Coinbase, Uniswap, Kraken, Block, and MicroStrategy. Meta, the parent organization of Facebook, has also decided to join...

India Still Debates Crypto Regulation - Finance Secretary


  Crypto regulation in India is still an ongoing debate, the country’s Finance Secretary T. V. Somanathan stressed, noting that, for now, cryptoassets are not illegal and are treated as gambling.  “The government’s approach is to consult widely and also to look at what’s happening...

ConsenSys Acquires MyCrypto to Strengthen Partnership with MetaMask


ConsenSys announced the addition of MyCrypto, a deep-rooted Eth interface, on February 1st, to collaborate with the industry-leading Web3 wallet, MetaMask. MyCrypto and  MetaMask will collaborate under a single banner to increase the safety of all products and give users a consistent experience...

Cardano Introduces Pipelining: a New Consensus Layer Scaling Solution


Cardano recently upgraded its plumbing method with the latest consensus layer scaling solution, pipelining. It will be a major part of Cardano’s scaling plan in 2022 to assist the ever-growing Cardano ecosystem. With Cardano entering the Basho development phase, the network is focusing on meeting...

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