Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO
Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result…
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed…
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated…
Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse
Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which…
Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to ‘Regularize’ Crypto
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the…
Mars4 Metaverse NFT Sale Raises Over $250K in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly
Mars4 is a multi-tiered project that combines NFTs, Crypto and an immersive survival game together. Through mars4.me, we give you a window to a virtual Mars and a host of…
Exploring the CropBytes Metaverse: A Futuristic Crypto Game With Real Economics and Immersive Graphics
On January 20th, CropBytes, the four-year-old metaverse farming game, is launching the brand new terrain with immersive 3D graphics. The new version upgrade greatly improved the already cute graphics of…
China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion…
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace.…
SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption.…
Dvision Network Deploys on Polygon Mainnet as Widespread Interest in Metaverse Continues
PRESS RELEASE. Dvision Network is currently live on Polygon Mainnet, further solidifying their position as the definitive multichain metaverse protocol. It must be noted that Dvision Network recently had their…
Bitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among…
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum…
US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services…
Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement
Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have ceased…