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Democrat division over crypto isn’t all bad news for regulation
17.3.2022
The digital divide between those for and against cryptocurrencies is widening among U.S. policymakers
$500,000 NFT Lawsuit Over Pepe The Frog's Butt Is A Very Funny Story
17.3.2022
Late last year, Pepe the Frog creator Matt Furie decided to run an NFT auction, selling off an image of the controversial character in which it was waist-deep in a pool, its asscrack peeping over the surface. Everything that has happened since is exactly how you would imagine such an auction in...
British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership
16.3.2022
The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider...
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
MetaBlox Concluded the Seed Round, Plans for the Future
16.3.2022
PRESS RELEASE. Vancouver, Canada – MetaBlox has completed their seed round and have raised over $2 million ​​from some of the most highly regarded firms in Web3. The seed funding is co-led by Synergis Capital and CollabCurrency, followed by NFT Technologies, SNZ holdings...
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....
DeFi Lending Protocol Agave's AGVE Plunges Over 20% Amid Exploit Investigation
15.3.2022
Hundred Finance, another lending protocol on the Gnosis chain, was also exploited in an apparent “re-entrancy” attack, according to a blockchain security researcher
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
15.3.2022
Financial Monitoring Agency, Kazakhstan's financial watchdog, emphasizes the need to regulate the sector
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries
15.3.2022
The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against...
Gensokishi Online Hosts Campaign to Win in-Game Token ROND Whitelist for a Total of $10,000
14.3.2022
PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights”. Genoskishi Online has set numerous records since releasing its website and various social networking sites on December 2, 2021....
Biggest Movers: RUNE Rises by Over 15%, as FTM and AVAX Trend Lower
14.3.2022
Thorchain (RUNE) rallied to its highest level since January, as cryptocurrency markets started the week mainly in the red. Avalanche (AVAX) was one of these cryptocurrencies trading lower on Monday, and fantom (FTM) fell by close to 10% on the day as well. Thorchain (RUNE) While cryptocurrency...
Today's biggest crypto gainers: Why REQ, MFT and KEY rallied over 20%
14.3.2022
REQ, MFT and KEY overcome the noise to post double-digit gains as decentralized payments and identity management trend higher amidst ongoing global developments
Artists and Activists Turn to NFT Sales to Support the Ukrainian People
14.3.2022
NFTs are showing the brighter side of humanity as real support transcends the boundaries of nations and reaches Ukraine through the metaverse. In light of the ongoing military conflict, people from all around the world send their donations to Ukraine via NFT sales, as artists and activists turn...
Gwyneth, Shaq, Paris, Eminem — A Deep Dive Into the NFT Collecting Habits of the Rich and Famous
13.3.2022
Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht...
Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy
13.3.2022
Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of...
Deutsche Bank to Exit Russia, Says There Will Be No New Business There
13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia
13.3.2022
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...
Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices
12.3.2022
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...