Supply for Wrapped BTC Records a Major Plunge, Moves Down by 35%

At the time of writing, the trading price of Bitcoin (BTC) is worth around $16,787.57. Given the performance of BTC in the past few weeks, it is a strong trading level for digital assets. In the past 24 hours, the trading price of Bitcoin has recorded a 0.41% surge. Although the surge is very small,…

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Metaverse Is Going To Change Real-World Travelling In 2023, Shows Survey

The world had to wait for almost two years before the world could come back to its old self entirely. Due to the pandemic, the countries had closed their borders imposing travel restrictions. No country wanted the Coronavirus to come back to their soil so they were taking all the precautions necessary to deal with…

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A Platform Based On Solana Blockchain Faces A Major Attack, Ends Up Losing $2 Million

Raydium, a decentralized finance (DeFi) protocol based on the Solana blockchain has faced a major exploit. The protocol has ended up losing a huge amount as a result of the hack attack. Statement Issued by Raydium The officials at Raydium issued a statement in regard to the exploit. The teams revealed that the hack attack…

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Italy’s Banking And Insurance Markets To Be Supported By Algorand Blockchain

Italy has been looking forward to adopting blockchain technology and it aims to do it starting with banking and insurance solutions. As per reports, the country is looking forward to launching an innovative digital guarantee platform that would target the insurance and banking sectors. Italy Chooses Algorand Blockchain As per the reports, Italy has decided…

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Nvidia Has Very High Hopes That Automotive Industry Would Thrive By Interacting With Metaverse

Nvidia, one of the largest graphics and artificial companies in the entire world has a very positive prediction to make about the automotive industry. According to Nvidia, the automotive sector has a very bright future if it enters the metaverse technology. The company has gone on to claim that it sees great potential for the…

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Microsoft’s Aim Of Exploring Metaverse May Get Curbed By FTC Over Activision

Thursday was not a good day for Microsoft as it had to face its worst nightmare of the year 2022 on this day. On that particular day, it was announced that the Federal Trade Commission (FTC) of the United Kingdom had filed a lawsuit against the tech giant. A lawsuit filed against the FTC According…

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Fiat Brings A Store Based In Metaverse For Car And Technology Enthusiasts

Fiat, a famous automotive brand owned by Stellantis has made a major announcement that involves the Metaverse technology. Fiat, which is owned by Stellantis, one of the largest car manufacturing giants, is entering the metaverse, launching a virtual store for enthusiasts. Fiat’s First Metaverse Store This is the first time Fiat has launched a virtual…

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Telegram Takes Blockchain Utility To Another Level Issuing No-Sim Accounts

Telegram, a major messaging application has made an announcement about launching a new utility for users. Telegram has announced that users will be able to open up an account with their platform without the need for a number. Telegram Launches Anonymous Blockchain Numbers The company has announced that users no longer have to worry about…

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O2 Telefonica Is Determined To Move Core Network For 5G Into Cloud Technology

O2 Telefonica is ready to take its technology and network to the next level. This does not mean that O2 Telefonica is preparing to introduce the 5G network, a technology that has been around for a long time. O2 Telefonica is among the first network companies that started offering 5G network services to their users.…

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Over 90% Of Consumers Have A Very High Curiosity For Metaverse, Shows Survey

With the current year about to come to an end, the entire crypto industry is still very much concerned about the future of cryptocurrencies. They are quite uncertain about the future of cryptocurrencies, whether they will move up or high. The running year has inflicted much damage to the entire crypto industry to discourage them.…

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Canada’s Biggest Pension Plan Ends Pursuit Of Crypto Investment

CPP Investments is the biggest pension fund in Canada and two people familiar with the matter said that it has now abandoned its efforts of studying investment opportunities in the unpredictable crypto market. However, the reasons behind CPPI’s decision to end its research into the crypto market were not made clear immediately. The pension fund…

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Decentraland, A Major Metaverse Platform Has Just Introduced Property Renting For Users

Decentraland, one of the largest metaverse platforms in the entire crypto-verse has announced the introduction of a new feature. The latest announcement the platform has made will prove to be very beneficial for the current virtual LAND owners. According to the announcement, the Decentraland LAND owners will be able to rent out their properties within…

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Binance CEO Calls Sam Bankman-Fried A ‘Master Manipulator’

The chief executive officer of crypto exchange Binance, Changpeng Zhao, wants to tell people that he is not one of the ‘bad guys’. On Tuesday, the crypto executive tweeted once more to take about the FTX exchange and its collapse and his focus this time around was five various ‘narratives’ that he believes are false.…

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Two Tech Giants Join Hands To Work On The Expansion Of 5G Mobile Network

With the passage of time, 5G has started becoming the need of all well-developed and under-developing countries. As mobile phones are now coming integrated with the 5G technology, customer demand has started to surge for 5G accessibility. Still, the expansion of the 5G network is not as fast as expected. This is mainly due to…

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Brazilian Companies Broke Crypto Purchasing Records In October

The popularity of cryptocurrencies has exploded in Latin American countries and the market has expanded significantly in this region in 2022. Brazil is one of the nations that has seen its crypto market grow quite rapidly this year and this is reflected in the numbers. The Brazilian tax authority (RFB) shared some numbers recently and…

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Mozilla Acquires Active Replica, Wants To Go All Out On Adoption Of Metaverse

Mozilla, the company behind the development of one of the most popular browsers “Mozilla” has announced the acquisition of Active Replica. Mozilla Acquires Active Replica According to the officials at Mozilla, they have successfully finalized the deal for the acquisition of Active Replica. It is a start-up based in Vancouver that is currently working on…

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A Nation Living On An Island Has Decided To Preserve Its Heritage Through Metaverse

Tuvalu, which is an island nation located in the South Pacific, has taken a great amount of interest in metaverse technology. It has been reported that the nation has decided that it will be using Web3 technology for a greater purpose. The nation takes a lot of pride in its society and culture but it…

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USDA: A Stablecoin Based on Cardano Scheduled to Debut In 2023

The United States Department of Agriculture (USDA) will debut on Emurgo in the first quarter of 2023. The Cardano blockchain’s official business arm and founding member is Emurgo. On the other hand, USDA is a controlled stablecoin anchored to the U.S. Dollar. The USDA will be the first stablecoin in the Cardano ecosystem. USDA Is…

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Sequans And Skyworks Have Unveiled The LTE-M/NB-IoT SiP

The SKY66431 has been introduced, according to a press release from Sequans Communications (NYSE: SQNS) and Skyworks Solutions (Nasdaq: SWKS). SKY66431’s Introduction and Its Capabilities The SKY66431 is a system-in-a-package (SiP) solution for the 5G M2M/Internet of Things market. Skyworks’ cutting-edge R.F. front-end technology is combined with Sequans’ cutting-edge Monarch 2 modem in this innovative…

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Helium And Solana Mobile Partners to Launch A Crypto Carrier 5G Network In U.S

An Overview The upcoming Helium 5G network will be supported by Solana Saga Smartphones. The company would combine the T-nationwide 5G network and the decentralized Helium 5G network to project the first crypto-powered cellular service. Saga phone users will earn tokens as a reward for using the Helium network. Helium Mobile, a decentralized crypto-automated wireless…

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After FTX’s Collapse, Genesis’ Crypto-Lending Unit Halts Withdrawals

The lending division of Genesis Global Trading has halted redemptions and new loans due to the FTX collapse. On Wednesday, interim CEO Derar Islim held a teleconference to update clients on the latest decision. Both Loan Redemptions and New Loan Applications Have Been Stopped The Genesis Global Capital segment serves institutional clients. After the third…

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