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Metaverse could be worth $5 trillion by 2030: McKinsey report
16.6.2022
A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030
71% of high net worth individuals have invested in digital assets: Survey
16.6.2022
A new survey suggest most of the world's wealthiest have invested in digital assets and wealth management firms have been advised to prioritize providing education and advice
Animoca Brands’ Investment Portfolio Now Worth Over $1.5B
6.6.2022
The game firm also reported $211 million in digital asset holdings as of the end of April
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
4.6.2022
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized...
Yuga Labs Confirms Discord Server Hack; 200 ETH Worth of NFTs Stolen
4.6.2022
The Discord scam was posted by someone who took control over the Yuga Labs community manager account
Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto
4.6.2022
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing...
Take-Two CEO 'Skeptical' Of Metaverses Filled With Empty Land Supposedly Worth Millions
2.6.2022
The metaverse has quickly become a popular topic of speculation for tech companies and rich CEOs as they scramble to not be left behind while people look for ways to escape our hellish current-day digital landscape. But the metaverse is (probably) a giant bust, and Strauss Zelnick, CEO of GTA...
Retro Game Collector Accused Of Selling $100,000 Worth Of Intricate Forgeries
1.6.2022
The retro PC game collecting scene was rocked by an unexpected scandal last week when a prominent member of the community, who was also a moderator of a major Facebook group, was accused of selling people fake copies of classic games.Read more
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
29.5.2022
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours,...
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...
After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40%
27.5.2022
The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to pacify the restive population. The government, however, concedes that printing more money will likely see the inflation rate rise to 40%. Printing More Money...
Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun
24.5.2022
With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far as to say that...
Woman Gets 5-year Jail Term After Stealing USD 87K Worth of Crypto in Dating App Scam
24.5.2022
A South Korean woman who met a man on a smartphone chat app, drugged him, and stole USD 87,000 in crypto from his phone has been sentenced to five years in prison....
Read More: Woman Gets 5-year Jail Term After Stealing USD 87K Worth of Crypto in Dating App Scam
Turning the Token Model Upside Down: How Bitcoin.com’s VERSE Token Launch Is Unique and Worth Looking Into!
23.5.2022
Warren Buffett recently criticized Bitcoin again, saying that it has no value, unlike farmland or real estate, except for what people will pay for it. And he may have a point—but as with most things, it’s more complicated than that. Crypto supporters quickly shot back at Buffett, stating that...
Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge
21.5.2022
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million...
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
21.5.2022
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency...
Genshin Impact Is Back, And The Update Was Worth Waiting For
20.5.2022
Genshin Impact just came out of its first-ever delay, and HoYoverse just announced a trove of events, quests, and features. More importantly, “Hidden Dreams in the Depths” adds the highly anticipated Yelan and Kuki Shinobu to the character gacha. And I’m excited for the new gameplay possibilities...
Tomb Raider, Deus Ex's New Owners Are Going To Milk Them For All They're Worth
20.5.2022
When the Embracer Group bought Tomb Raider, Deus Ex and a bunch of other stuff earlier this month, fans got excited that they might actually get to see a few more games out of these beloved series than the stingy Square Enix ever managed during its decade of neglect.Read more
Tether in the Spotlight After USD 9B Worth of Redemptions
19.5.2022
The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse.
The redemptions have come despite USDT trading on exchanges within a rounding error of its USD...
Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
17.5.2022
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins...