Category: Cryptocurrency

The parent company of Facebook and Instagram, Meta, announced its plans to start testing non-fungible tokens (NFT) on Instagram stories. For the upcoming test, Meta wants to use its augmented reality (AR) protocol, Spark AR. Meat is on an expansion drive that integrates crypto, NFT, and Metaverse into many of its platforms. Additionally, the company…

The world is rapidly changing, and new things, patterns, and features come with each evolution. The term “Web3” was unknown until last year, and fast forward to 2022, it has become the buzzword in the tech space. Web3 is the new internet era that tech companies have adopted, and decentralized blockchain platforms are using it.…

In furtherance of its pledge to become the leading blockchain hub in the world, the United Arab Emirates has done it again. The UAE has announced its adoption of blockchain technology to develop the world’s most expensive postal system. The new postage stamp is sponsored by the Emirati government and managed by the Emirate Posts…

The former Twitter CEO plans to develop a Bitcoin-based Web5 to displace Web3. Accordingly, the new web platform will combine the centralized and decentralized internet, Web2 and Web3. The new project is part of the block subsidiary, TBD. It underscores the belief held by Jack Dorsey about Bitcoin’s role in the evolution of the internet.…

One of the decentralized finance platforms’ most often overlooked issues is token approvals. One vulnerability has been on the rise due to the increase in DeFi and Web3 adoption. And EverRise, a Web3 security and infrastructure firm, released EverRevoke, to review, revoke, and approve transactions. The new utility is the latest addition to the EverRise…

The Solana Foundation, in collaboration with Solana Ventures, announced the setting up of $100 million funding support. Accordingly, the funding supports the expansion of South Korea’s NFT, DeFi, and Blockchain projects. Moreover, aside from supporting Solana projects, the funds will also help keep some Terra projects in motion after the collapse of the network in…

On Monday, the Cboe Australian Exchange announced the launch of two more ETFs. Altogether, this brings the total of the crypto ETFs on the Australian market to six. Accordingly, the Canadian-based fund manager, 3iQ, listed the two spot ETFs. The new ETFs invested in are to expand the Australian exchange-traded fund sector. All the ETF…

The volatility of cryptocurrency is not all negative. The Mayor of Australia’s Gold Coast suggested that people can use crypto to pay taxes one day. Australia’s Mayor Keen on Accepting Crypto For Tax and Rate Payments Critics have raised concerns about cryptocurrency’s volatility and recent market meltdown. But, Gold Coast Mayor Tom Tate said that…

A recent survey by the Wall Street investment banking giant, Goldman Sachs, has revealed some insights from the insurance industry. An interesting thing about the recent annual insurance survey is that it focuses on cryptocurrency for the first time. Approximately 328 senior-level executives from different insurance firms participated in the study. From the survey outcome,…

The ongoing drive to change the Optimism (OP) tokens to become the primary network token for gas payment is gaining acceptance. Previously, the OP has been a governance token, and the call to change it is growing steadily. Vitalik Buterin, the founder of Ethereum, is the latest influential personality to air his view on the…

Billionaire tech developer Marc Andreessen stated that the present landscape of Web3 is typical of the early internet days. According to the billionaire tech entrepreneur and venture capitalist, the Web3 emergence is reminiscent of the internet in the 1990s. Andreessen is the co-creator of Andreessen Horowitz, a venture capital enterprise. The billionaire rose to prominence…

The emergence of Blockchain technology has revolutionalized many aspects of our daily lives, from government, finance, and security frameworks. Blockchain technology has upscaled the way of doing things. It is predicted that by 2025, major corporations will spend huge resources, close to $29 billion annually, on blockchain-related services. Accordingly, leading tech giant, IBM, plans to…

The month of May has proven to be extremely challenging for the entire cryptocurrency industry. In the respective month of May, the majority of the cryptocurrencies experienced huge losses. The overall trend for the cryptocurrency market was bearish and it showed no point of recovery throughout the month. While the majority of the cryptocurrencies experienced…

Caroline Pham, a comptroller just at U. S. Capital Market Authority, or CFTC, had also declared the recruitment of a former chief of US financial regulation at corporate finance firm Investment Bank Equities. Pham announced on Friday that Keaghan Ames would be her advisor as well as high ranking former aide just at CFTC beginning…

Yaw – 43.41% Surge At the time of writing, the bulls are working really hard to sustain the pressure coming from the bears at a high price of $0.09484 per YAW. From the looks of it, the buyers will succeed in sustaining all the pressure that comes from the sellers’ end. This way, they will…

The voucher will permit dispossessed Ukrainians to receive and send cryptocurrency payments as well as make purchases at retailers inside the European Economic location. Binance which is a worldwide cryptocurrency exchange had also initiated a crypto card that permits Ukrainian refugees to conduct virtual currency transfers and accept money via the Binance Visa Debit card.…

Cortex (CTXC) Price Surged by 31.01% Cortex’s price has been constantly rising in the past 24-hours, and it is the strong buying power of the investors that have triggered this phenomenon. The investors seem to be highly invested in Cortex as they are constantly increasing their accumulations for digital assets. So far, their buying efforts…

The sentiment in the cryptocurrency and distributed financial services communities has been changing and developing. In addition, the sector has become more scrutinized, invariably, more structured. US Presidentsigned  Order a few weeks ago to speed up and concentrate regulatory control of the $3 trillion sectors. The command will encourage the government to investigate the benefits…

The price analysis for Sportoken (SPT) and Felix (FLX) has just been shared by CoinMarketCap. The analysis report shows that both SPT and FLX have experienced really high rallies in the past 24-hours. Therefore, their prices are hovering at high values and may continue growing higher in the upcoming days. The analysis report also shows…

The CoinMarketCap report update for top gaining cryptocurrencies has just shared the names of Blockhain Brawlers and AllianceBlock. Both cryptocurrencies have turned out to be high performers in the past 24-hours. For BRWL and ALBT, it is the bulls that have formed strong alliances with the investors in order to push the prices of these…

Time to go through the performance of YetiCoin (YETIC) and Bobcoin (BOBC) which have demonstrated high gains in the past 24hours. Due to their strong performances, the entire crypto investment community is eager to see where YETIC and BOBC would find themselves in near future. YetiCoin (YETIC) – 275.1% Rush YetiCoin investors have grown really…