Huobi Global – a former China-based exchange – expands its continental footprint by purchasing Bitex, a crypto platform that built the first Bitcoin exchange in Latin America. However, both parties did not release any financial details regarding the acquisition. Huobi Global announced that it had acquired Latin America-based exchange Bitex, but the Asian giant did...Read More
A recent study conducted by Finder estimated that 34% of the Indian respondents had played a play-to-earn (P2E) game. Hong Kong (29%) ranked second, while the UAE held the third position with 27%. India Leads the Way in the P2E Universe Finder’s NFT Gaming Adoption Report determined that play-to-earn games have become a highly popular...Read More
Vitalik recently shared his thoughts on the future of algorithmic stablecoins in the wake of TerraUSD’s failure. While he believes that skepticism and scrutiny of existing protocols is “highly welcome,” he says that recent attempts at permanently dismissing all automated stablecoins are unwarranted. A Better Model for Automated Stables TerraUSD (UST) – an algorithmic stablecoin...Read More
A week after Litecoin activated the long-anticipated MimbleWimble Extension Blocks (MWEB) upgrade, blockchain analytics firm, Elliptic announced adding support for the privacy feature of the cryptocurrency. Elliptic-Litecoin MWEB As per the official announcement, the move will allow regulated businesses to continue to support Litecoin transactions while remaining compliant with anti-money laundering (AML) regulations and sanctions....Read More
Tether – the company behind the world’s largest stablecoin – has now launched its premier Tether token (USDT) across Polygon. This will bring Tether’s utility to thousands of dapps running on the blockchain. Polygon is a layer 2 scaling solution for the Ethereum network. It allows for speedier transactions with lower fees, using technologies like...Read More
The widespread discussion and recognition of NFTs as part of the future of technology has created a continuous demand for the digital asset. Between rarity, high-value, fresh technological abilities, and more, NFTs have more than one appealing factor. Non Fungible Films has made NFTs completely their own through their incredibly unique options and functions. However,...Read More
Tl;dr: This report updates on what FACT0RN Blockchain, a Coinbase Crypto Community Fund grant recipient, has been working on to replace PoW hashing by work that is of interest to the private sector as well as to the academic community. Code for the FACT0RN Blockchain, which launched April 20, 2022, can be found here and...Read More
[PRESS RELEASE – Please Read Disclaimer] 27 May 2022, USA: CryptoBilli$, an NFT project that gives holders access to events and promotes the development of a supportive and like-minded community, is rebranded. The new image of Crypto Billi$ represents the project’s vision more accurately and will present a clear image of the platform. Pertaining to...Read More
Terra Luna is gearing up for its new chain launch, forking the old blockchain into a new chain without the UST stablecoin. Multiple exchanges already announced their support for the new chain, and CoinMarketCap updated Terra Luna to LUNC and added a new tracker for Terra 2.0. Final Post-attack Snapshot for Terra 2.0 Has Passed...Read More
[PRESS RELEASE – Please Read Disclaimer] MaskEX and Nova Battles partnership announced at the beginning of 2022 is growing and bearing its fruits. From now on, gamers and crypto lovers can experience the joy of each passion under one roof – MaskEX. The partnership serves to develop the options for each platform’s users while supplying...Read More
The developments surrounding Terra’s ecosystem keep coming in. After voting for a revival plan that would see the fork of a new chain without the algorithmic coin, the community has now accepted another proposal. CryptoPotato reported yesterday that Terra’s community voted in favor of Do Kwon’s revival plan that intends to fork a new blockchain...Read More
Bitcoin’s price fell far below $30,000 on Friday, and other cryptocurrencies were also trading in the red. Ethereum, the world’s second-largest cryptocurrency by market capitalization, has dropped more than 5%. The worldwide cryptocurrency market was down 4.46 percent over the previous day on Friday, May 27, and was at $1.19 trillion at the time of...Read More
Big banks are making moves into the blockchain and crypto space at a greater pace now more than ever. JPMorgan is the latest to experiment with distributed ledger technology to improve transfer efficiency. On May 26, Bloomberg reported that the Wall Street bank ran a pilot test transfer last week involving a transfer of a...Read More
Renowned TV personality and millionaire investor Kevin O’Leary said the Proof-of-Work(PoW) ban proposed by New York State would scare businesses away. According to the crypto bull, the state, along with California and Massachusetts, is uninvestable due to its poor management and unfriendly policies towards crypto businesses. Meanwhile, he did not see Terra’s failure leading to...Read More
Crypto wallet Metamask is partnering with Asset Reality – a platform for accessing and recovering seized crypto and digital assets, to help users recover stolen assets. The service is free of charge, but users need to pay relevant litigation fees. Recovering Stolen Crypto Metamask, with over 30 million monthly active users, is one of the...Read More
As Bitcoin and Ethereum continue to trade sideways, with BTC holding above $29k and ETH struggling at $1,700, a Metaverse Crypto Coin called OpenWorld (OPEN) gained over 46% in the past week and over 11% in the past 24 hours. OpenWorld was recently added to the Metaverse category of CoinMarketCap, and with a $2.2 million...Read More
Daniel Ricciardo – an Italian-Australian driver who races for McLaren Formula 1 team – teamed up with the Seychelles-based digital asset exchange – OKX. The pilot will serve as an ambassador of the company during the 2022/23 season and lead an educational campaign for F1 fans focused on crypto’s merits. OKX Extends its Partnership With...Read More
