Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into…
Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist
About 70% of tokens are held in escrow and will be vested starting later this year. On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new…
You can now clone NFTs as ‘Mimics’: Here’s what that means
In the precariousness of Web3 open-source code, iterative development and move fast ethos, things break. And through breaking, things are also made. A new project allows anyone to create a…
Singapore to explore digital asset tokenization on public chains
The project will see MAS explore DeFi applications in wholesale funding markets by establishing a liquidity pool of tokenized bonds and deposits. The Monetary Authority of Singapore (MAS) has launched…
Bitcoin Price Prediction for Today May 31: BTC Price Struggles below $32K
Bitcoin Rebounds as It Struggles below $32K – May 31, 2022 Bitcoin’s (BTC) price has rebounded above the $28, 0000 as it struggles below $32K. The cryptocurrency has rallied to…
In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in early June. The Terra ecosystem’s…
Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month
BTC, ETH and altcoins spent most of May trading in the red. So what’s behind XCN’s near-month-long 100%+ rally? May was an incredibly challenging month for the cryptocurrency market as…
Fed paper looks at potential effects of CBDC on monetary policy
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control. On Tuesday, the United States Federal Reserve released…
Binance to launch Africa crypto awareness tour as adoption ramps up
BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. With a 1,200% increase in received crypto volume…
South Korea to Invest $177 Million Directly in Metaverse Platforms
The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in…
Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the world’s tenth-largest asset by market…
CA GameFi, Subsidiary of CyberAgent, Announces “ProjectTB” That Delivers “Just Enjoy and Earn” to Players Around the World
PRESS RELEASE. CA GameFi Inc., (headquartered in Shibuya-ku, Tokyo, Japan; Taro Yamamoto, Represent ative Director; hereafter CA GameFi), a subsidiary of CyberAgent Inc. (headquartered in Shibuya-ku, Tokyo, Japan; Susumu Fujita,…
Terra Development Team Reveals Some Users ‘Received Less LUNA From the Airdrop Than Expected’
The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and…
UN agency head sees ‘massive opportunities’ in crypto: WEF 2022
“Crypto is just another technology, it’s a matter of how is it being used. It can be used for good or for bad. From where we sit, we see massive…
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive. The Basel Committee on Banking Supervision met Friday…