Going meta: Disney, Second Life and K-pop
Second Life creator Philip Rosedale returns to the fold, Disney’s patent for a “virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with…
CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues
“Do not purchase SHIB from these addresses as your funds will be irreversibly lost,” said the team at Shiba Inu. A bit Twitter drama ensued on Thursday, continuing well into…
Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Ark Invest’s latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp. Cathie Wood’s Ark Invest has reportedly purchased…
Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally
Altcoins can rally for an infinite number of reasons, but some price spikes are more historically similar than others. Frax Share (FXS) has been one of the few altcoins to…
Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022
The trend of blockchain adoption is set to continue in 2022. Here are three sectors that are likely to pivot toward DLT solutions. 2021 was a breakout year for the…
Bitfinex advises Ontario-based users to close accounts before March 1
The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets. In a Friday announcement,…
Stacks ecosystem becomes #1 Web3 project on Bitcoin
There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year. On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin…
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin. Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon…
Bitcoin Price Prediction: BTC/USD Price Touches $43,416 Level
Bitcoin Price Prediction – January 14 As the daily chart reveals, the Bitcoin price shows that BTC is trading near the resistance level of $44,000 as the recovery comes slowly.…
British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a…
FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside…
Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament
The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to…
FTX US and Bitstamp USA want to venture into traditional finance
Some of the leading cryptocurrency exchange platforms in the US, FTX and Bitstamp, are looking towards launching stock trading services. This will allow the exchange platforms to expand their scope…
Swiss National Bank partners with five banking giants to test CBDCs
The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution successfully integrated CBDCs into the…
State Bank of Pakistan recommends a cryptocurrency ban
The State Bank of Pakistan is contemplating a complete ban on crypto assets. The institution notes that cryptocurrencies present certain risks, and is even referred to countries like China that…