Hedera – a distributed public ledger for Web 3 dapps – recently voted to buy the intellectual property rights for the hashgraph consensus algorithm from Swirlds, Inc., one of the Hedera Governing Council’s founding members. Furthermore, the project will be shifting to an open-source code model this year. Hedera’s Decentralization Plans According to a press...Read More
The leading banking service operator in Morocco – Attijariwafa Bank – has reportedly joined RippleNet. The latter is an international cross-border payment network designed by the American blockchain company Ripple. A local report revealed that Attijariwafa Bank had become a member of the RippleNet ecosystem. By joining the crypto world, the Moroccan financial institution has...Read More
Tech mogul Google is reportedly considering to further its involvement in the field of cryptocurrencies. Google, one of the world’s biggest companies and the leading search engine, is considering to allow users to store cryptocurrencies in digital cards. According to the Bloomberg report, the company has also hired Arnold Goldberg to spearhead its payments division. Goldberg was...Read More
In the face of massive sanctions, top Iranian official believes cryptocurrency is a solution. The country is now looking to launch its CBDC in a pilot phase. CBDC headlines have been dominating fintech media for quite some time. Several countries are working on a national digital currency, but only a handful of them have landed...Read More
On Wednesday, cryptocurrency prices fell as the overall market fell by more than 2%, bringing the total market capitalization below $2 trillion. According to CoinMarketCap, the global crypto market is now worth roughly $1.95 trillion, after peaking at close to $3 trillion in mid-November. Advertisement This drop comes as US Treasury yields reached two-year highs,...Read More
The team behind the memecoin Shiba Inu said that CoinMarketCap has approached its developers to resolve the issue of the three fake addresses on the popular data aggregator page. Lack of Transparency, Says Shiba Inu Community Update — We are happy to announce, @CoinMarketCap has reached out to our developer team and is in current...Read More
The core problem of any true Ethereum fan would be the terrible gas fees. But this misconception could be alleviated if traders start to realize how layer 2 solutions created for the star altcoin would reduce the high gas fees. As fewer users are aware of the same, ETH price failing to take off despite...Read More
[PRESS RELEASE – Seattle, United States, 18th January 2022] Stably, a US venture-backed stablecoin and asset tokenization infrastructure provider, announced it has secured an undisclosed amount of funding in a recent Pre-Series A equity financing round led by Morgan Creek Capital, Jackson Fu from CREAM & Partners and Sunny Lu from VeChain. Other new investors...Read More
Opera, the Norwegian multinational technology company behind the popular namesake internet browser, has announced the beta version of its all-new – “Crypto Browser Project.” Opera’s Crypto Browser Project The blog post revealed that the new initiative has built-in Web 3 features, with the end goal – to accelerate the evolution of the next generation of...Read More
The Financial Conduct Authority (FCA) – the top monetary regulator in the United Kingdom – proposed to tighten the rules on how high-risk investments such as digital assets are advertised. The watchdog said companies should not be able to promote cryptocurrencies to people who lack financial knowledge and experience. The UK Strengthens its Stance The...Read More
Silvergate Bank has produced strong growth and earnings since going public in late 2019. However, the fourth-quarter earnings of 2021 failed to maintain the trend as net income slumped by almost 9%. On the other hand, fee and net interest incomes powered by digital currencies reflected growth. Silvergate’s Q4 Earnings The cryptocurrency-friendly bank reported a...Read More
On January 18th, OpenSea announced that it had acquired Dharma Labs for an undisclosed amount. The world’s top NFT marketplace was recently valued at $13.3 billion following its latest funding round. Sources at the 2017-founded firm told Reuters that deal would help it “dramatically improve the experience of buying, minting, and selling NFTs” on its...Read More
The big news of this week is Microsoft’s acquisition of Activision Blizzard. Microsoft announced today plans to acquire the gaming company Activision Blizzard for $68.7 billion. The recent acquisition will make Microsoft the world’s third-largest gaming company by revenue, following Tencent and Sony. The recent acquisition topples Microsoft’s Bethesda acquisition for over $7.5 billion last...Read More
One of the world’s most prominent cryptocurrency exchanges, OKEx, has invested in the short-video platform Chingari which announced raising $15 million in a funding round. As part of OKEx’s strategic investment in Chingari, the startup’s native token GARI will be listed on the exchange on January 18. Five more crypto exchanges are set to list...Read More
With the number of cryptocurrencies on the market, it was only a matter of time before someone released a trending COVID-19 themed token. Covid Slice is precisely that, a BEP-20 token on the Binance Smart Chain that’s looking to capitalize on the COVID pandemic with their play-to-earn and Web3 enabled blockchain game. Let’s take a...Read More
Crypto Metaverse coins are some of the hottest projects on the market right now. Even though the overall crypto market is trading sideways this week, we’ve seen many Metaverse crypto coins experience significant price gains. This article looks at the top three crypto Metaverse coins gaining the most price today, ordered by 24-hour growth, lowest...Read More
