Dogecoin Soars Despite The Volatile Crypto Market Conditions
Elon Musk’s tweet has made Dogecoin soar 5% in the last 24 hours Musk had asserted that he will continue to Doge despite volatile market conditions Elon Musk’s tweet has…
Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE
Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena…
Meta Launches Metaverse Digital Clothing Store
Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that…
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by…
Marathon Digital keeps on mining despite BTC price slump
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC. Despite data showing…
Nifty News: Christie’s NFT expert to lead CryptoPunks, fake heiress launches NFT collection
Noah Davis, the NFT expert for the auction house Christie’s, said he’s not looking to change the plan for CryptoPunks when he leads the project and has invited holders to…
SBF and Alameda step in to prevent crypto collapse contagion
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the…
Magic Internet Money token depegs as LUNA domino effect persists
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele…
El Salvador’s president urges Bitcoiners to be patient
Bitcoin’s price made a sharp downtrend last week, with prices falling below $18000 for the first time since 2020. The president of El Salvador, Nayib Bukele, took to Twitter to…
Celsius Network plans to adopt a Bitfinex-like recovery plan
The lead investor at Celsius Network BnkToTheFuture, and the co-founder of the protocol Simon Dixon, have proposed a recovery plan for the Celsius Network. The two have proposed implementing the…
Celsius recovery plan proposed amid community-led short-squeeze attempt
BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for…
Understanding the Game of a Pro Player in Crypto Trading!
The popularity of cryptocurrencies as a trading medium in the contemporary world is soaring up to the sky. However, it is not the right time for you to explore the…
More Trouble for 3AC as it now looks for Crypto Bailout and Asset Sale Option
Three Arrows Capital is now in the process of being liquidated by cryptocurrency lending platforms. After failing to meet its margin calls, BlockFi, one of the main decentralized finance (DeFi)…
Three Arrows Capital Liquidated by BlockFi
BlockFi—a cryptocurrency lending platform, announced on Twitter that it had to liquidate a big client despite the fact that it was one of its best business judgments. The lending platform…
Arbitrum Odyssey To Offer More Reward System To Users
DeFi enthusiasts will be offered the opportunity to claim exclusive non-fungible tokens (NFTs) as the community-driven interoperability initiative Odyssey draws closer. According to reports, the Arbitrum Odyssey will go live…