February 4, 2022

Aussie Billionaire Files Criminal Case Against Facebook (Meta) for Running Illegal Crypto Ads

Fortescue Metals Group Chairman Andrew Forrest has filed a criminal case against Facebook in Australia for its failure to stop scam ads featuring his image. According to the Australian mining billionaire, this is the first time that Facebook is facing a criminal charge anywhere in the world. “I’m doing this on behalf of innocent Australians...
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Coinbase’s Philosophy on Account Removal and Content Moderation

By Brian Armstrong In the last few years, it’s become increasingly common for tech companies to censor customers or close their accounts for a range of reasons (e.g., misinformation). Luckily, as a crypto business we don’t face this issue as frequently as a social network does, but we still need to set clear policies around...
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Is Cardano On The Threshold Of Falling To A 50% Crash? Will This Rollout Make Any Difference?

The cryptosphere’s sixth-largest continues to be in talks of the industry, which has been since the start of the year. With one or the other events, upgrades, and announcements, Cardano has been holding to the spotlight. Advertisement The protocol this time around has been making a buzz, with the announcements regarding improvements of its open-source...
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German Soccer Club TSG Hoffenheim Partners with Baby Doge

The meme cryptocurrency project – Baby Doge Coin – disclosed a promotional partnership with the Bundesliga soccer team TSG Hoffenheim. The club will release non-fungible tokens (NFTs) for its fans as part of the agreement. Baby Doge’s Dive in Soccer In a recent announcement, the professional soccer team revealed it is “happy” to collaborate with...
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US Jobs Report Exceeds Expectations: What Does it Mean for Bitcoin?

According to recent figures, the U.S. added 467,000 new jobs in January alone, despite worries about Omicron leaving various businesses short-staffed. Bitcoin traded slightly lower following the reveal. A Surprisingly Strong Labor Market The recent employment figures were published in a report by the US Labor Department’s Bureau of Labor Statistics earlier today. While total...
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Why Whales Are Accumulating Huge MATIC Tokens ? Is $4 On Cards This Quarter?

The global coin market, which is home to an ocean of digital assets. Ranging from protocols belonging to L-1s, L-2’s, and diverse sectors of the business. Advertisement The industry spectates notable and overwhelming events and achievements of digital assets from its directory. Amongst the plethora of cryptos on offer, Polygon is one such protocol that...
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Unique Cardano (ADA) Wallets Surge to Record High Above 3 Million

The number of unique wallets on the Cardano blockchain holding ADA has hit a new all-time high, surpassing the previous record from December 2021. ADA Wallets Hits 3 Million In a tweet today, the Proof-of-Stake blockchain announced that it had hit 3 million ADA wallets less than two months after it recorded a total number...
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AlphaWallet Exceeds 500 Forks to Become the Most-forked, Fully Open-source EVM Wallet

[PRESS RELEASE – Sydney, Australia, 4th February 2022] Developers across the Ethereum ecosystem are using AlphaWallet as the basis for secure, flexible wallets for a wide range of assets and use cases in Web3. Smart Token Labs announces that AlphaWallet has been publicly forked over 500 times, becoming the most-forked, fully open-source, EVM wallet. Developers...
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Ninja Syndicate Partners With Cryptocurrency Expert Mati Greenspan

[PRESS RELEASE – Perth, Australia, 3rd February 2022] Ninja Syndicate has partnered with Mati Greenspan as an advisor on their upcoming Web3 project Supremacy, a series of metaverse Play-to-Earn games. Greenspan, Founder and CEO of Quantum Economics, is one of the top cryptocurrency analysts in the world. The partnership signals confidence that the Australian-based game...
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1xBit Presents the BIG 5 Betting Competition with Impressive Prices

[PRESS RELEASE – Please Read Disclaimer] Do you enjoy betting on football and winning incredible prizes? Do you like competing against other players and being the best? If you enjoy the sound of that, you are in the right place. Your favorite bookmaker, 1xBit, presents the most rewarding football competition of the season. The BIG...
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Trust Machines Secures $150M to Expand the Bitcoin Network as a Web3 Platform

Trust Machines, a new venture co-founded by Stacks inventor Muneeb Ali and Princeton University Computer Science professor, JP Singh, has recently raised $150 million to expand the Bitcoin ecosystem as a Web3 platform. Bitcoin to Become a Web 3 Platform In a press release shared with CryptoPotato, the company noted that its goal is to...
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Manchester United Unveils a Training Kit Sponsorship With Tezos

The professional British soccer team – Manchester United – inked a $27 million deal with the blockchain platform Tezos. As a result, the club will put the latter’s logo on its training apparel. Tezos Partners with “The Red Devils” The most successful English soccer club ended its previous $163 million collaboration with the American insurance...
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Bored Ape NFT Creators Reportedly Seeking Investment Deal With a16z

Yuga Labs, the entity behind one of the most popular non-fungible token (NFT) collections, Bored Ape Yacht Club, is reportedly negotiating financing talks with Andreessen Horowitz, which could potentially value the startup as high as $5 billion. According to the Financial Times report on Thursday (February 3, 2022), anonymous people familiar with the matter revealed...
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Despite Meta’s Stock Price Plunge, Metaverse Tokens Surge

The world’s largest social media platform – Facebook – saw the shares of its parent company, Meta, plunge by more than 26% during yesterday’s trading session. Despite this, metaverse-related tokens have been surging for the past week. CryptoPotato reported yesterday that FB stock plunged over 22% during the after-hours trading session. The regular one wasn’t...
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The Fed and MIT Publish Central Bank Digital Currency Technical Research

We saw the publishing of technical research and open-source code that could be the groundwork for digitizing the greenback. There were no definitive plans to develop a CBDC mentioned in the paper as any decision must pass Congress first, according to reports. On Feb. 3, executive vice president at the Boston Fed, Jim Cunha, said:...
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Top 3 Metaverse Crypto Coins Gaining The Most Price Today (SHOE, RACEFI, XDOGE)

Metaverse Crypto coins continue to see significant price gains this month, with many registering double-digit percent gains today. Let’s take a look at the top 3 Metaverse crypto coins gaining the most price today, ordered by 24-hour growth, lowest to highest. 3. ShoeFy (SHOE) +24% Launched in October 2021, ShoeFy is an NFT platform for...
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FTX Becomes The Cryptocurrency Exchange Provider for StockTwits

Investment-oriented social network StockTwits is expanding its services in a move to gain traction in the crypto-verse and take a slice of the audience that Twitter, Reddit, and even eToro have today. Now, StockTwits users will have the opportunity to buy and sell cryptocurrencies directly from the app’s interface, offering an all-in-one experience for digital...
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