What is cryptocurrency lending? A way for people to generate money out of thin air is through crypto lending! The technique is comparable to borrowing money from other investors. But the person in charge of the crypto lending industry betrayed customers’ confidence. And used their money to gamble on high-risk venture capitals that lost all …
Many investors were taken aback by the recent collapse of the cryptocurrency exchange FTX. This left customers waiting for answers about an equivalent of $1 to $2 billion in missing money. FTX is currently in bankruptcy protection. Experts believe there are important lessons for cryptocurrency investors as the company’s future — and probes into the …
During the weekend, crypto industry got “dirty” when FTX and its US subsidiary FTX US were hacked. Hundreds of millions of dollars were stolen from the exchange’s wallets. After sending $405 million to the wrong recipient, crypto exchange Crypto.com has come under fire. This alarmed crypto enthusiasts as the whirlwind of this week’s collapse of …
Major stablecoins were volatile due to market volatility and increased redemptions. Almost all major stablecoins lost value against the US dollar during the FTX scandal but mostly recovered as the market stabilized. This week’s drop in cryptocurrency prices is just a symptom of the infection from FTX. The stablecoins have been exposed to significant market …
Undoubtedly, the FIFA World Cup is the world’s biggest sporting event right after the Olympics. While the biggest companies strive to put their names around the arena, this year, FIFA chose Crypto.com as its main sponsor. Due to this decision, an audience of 4 billion people will gaze their ears and eyes towards the crypto …
FIFA 2022 & Crypto.com – The Game Never Witnessed Before Read More »
The year 2022 has not been that of crypto billionaires’ favorite. But the $44-billion Twitter takeover by Elon Musk has made it look promising as it’s nearing its end. Even as a speculation, the Musk-Twitter extravaganza has birthed aspects of crypto-integration into one of the most famous social networks. While the deal sparked debate and …
Multiverse Labs, an artificial intelligence ecosystem, has opened a metaverse city in Sharjah. The Sharjah Commerce and Tourist Department Authority supports the virtual city. Access will be available to all areas of Sharjah through the Sharjahverse. AI Ecosystem Multiverse Lab has launched a new Metaverse City in Sharjah to promote tourism in the United Arab …
According to the CEO of Trust Wallet, W3 faces three obstacles to being massively adopted. He mentioned that the present bear market may provide the Web3 sector a chance to resolve customer issues before the next bull market. Web3 may someday see widespread acceptance, but Trust Wallet CEO Eowyn Chen sees three major obstacles on …
The prawns of the crypto world have joined the whales in their final stop to dispel the Bitcoin winter. The two opposing groups are HODLers — investors who hold bitcoin as a long-term supply and refuse to sell their assets — determined to fight off the shorts despite their portfolios in the red. Shrimps, investors …
Crypto Market Overview: How Is Bitcoin Performing? Read More »
BTC was relatively quiet over the weekend. This even indicates that traders are playing safely and are not placing big bets until the upcoming meeting of the Federal Open Market Committee. Material Indicators have warned that Bitcoin could fall; However, they advised investors to be prepared to buy into the downturn because they believe a …
Top Cryptos to Check this Week: BTC, RUNE, SAND, DOT, ZEC Read More »
Ubisoft’s new NFT project faces strong opposition from the Quartz gaming community. Ubisoft released a beta version of Quartz on December 8 via YouTube Video, with over 214,000 views. The project aims to integrate blockchain technologies and NFTs with existing Triple-A game titles. Tom Clancy’s Ghost Recon Breakpoint is the first game to combine NFTs …
Ubisoft’s New NFT Project is Causing Hatred – Here’s Why Read More »
Top executives at six major cryptocurrency companies, including Circle and Coinbase, called Congress on Wednesday to provide more precise rules for the $3 trillion growing industry. There was also a warning that overly strict restrictions would push it out of bounds. The hearing of the U.S. House of Representatives Financial Services Committee was the first …
Congress Provides New Regulations – Crypto Industry Wishes Read More »
Visa has purchased NFT, which is a picture from the CryptoPunks collection. By estimates, this was Visa’s best marketing expense ever made throughout the year. ROI only had to pay ten times the purchase price for news articles. It is well known today that NFTs bring uniqueness associated with traditional high art. A link to …
NFT Art is not a Mass Market – What About NFT Licenses Read More »
Visa executive, Cuy Sheffield, said investing in cryptocurrencies has become much more fantastic thanks to the influx of creative types from the NFT sector. According to Cuy, a new class of mainstream users is moving to cryptology. NFTs attract people with a wide range of interests, such as the arts, music, and culture that make …
Visa Executive – The Impact of NFTs is a Huge on Crypto Read More »
Hybe is a growing South Korean company known as the home of the hitmakers BTS. The company released a statement on November 4, according to which it is investing in NFTs and launching new pop acts. During a corporate briefing on YouTube, Hybe management outlined its plans for the remaining 2021 and early 2022. The …
BTS Announces NFT Venture with Korean Cryptocurrency Giant Read More »
