Nifty News: Yuga Labs scores court battle win, Mandala Metaverse to drop on Polkadot and more…
22.4.2023
A Metaverse/AR story game is coming to Polkadot, Square Enix has made another Web3 gaming play, and an NFT esports cricket game has launched on Tezos
Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation
22.4.2023
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA)
Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences
22.4.2023
Charles Nenner, a financial analyst that served as head of market timing for Goldman Sachs for more than a decade, has warned about the end of dollar hegemony and its consequences for the U.S. According to Nenner, the BRICS bloc and the influence of Saudi Arabia will end the dollar as a reserve...
Over 30% TikTok videos on crypto investments are misleading: Research
22.4.2023
TikTok videos sporting popular crypto-related hashtags — such as crypto, cryptok, cryptoadvice, cryptocurrency, cryptotrading and cryptoinvesting — have cumulatively churned over 6 billion views
Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency
22.4.2023
The percentage of reserves held in U.S. dollars by central banks has fallen to less than half of the global total of reserves, according to a note from Eurizon SLJ Asset Management. The note states that the recent sanctions enacted by the U.S. against the Bank of Russia have eroded trust in...
White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within
22.4.2023
In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within. China Wants...
VC funding into Web3 start-ups down 82% year-over-year: Crunchbase
22.4.2023
Crunchbase noted that while it has been a bearish start for Web3 start-up funding in 2023, “venture funding is down in almost every sector.”
Putin and Saudi Crown Prince Discuss Potential BRICS-Saudi Arabia Collaboration
22.4.2023
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman Al Saud discussed potential collaboration between Saudi Arabia and the BRICS on Friday. In addition, Putin and the Saudi Crown Prince “expressed satisfaction with the level of coordination at OPEC Plus aimed...
Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration
22.4.2023
Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well....
Gemini to Open a Crypto Derivatives Platform Outside the U.S.
22.4.2023
Gemini Foundation's first product will be a perpetual bitcoin (BTC) contract, the company said late Friday
Bitcoin Long Liquidations Hit $150M in 3 Days as BTC Price Slumps Towards This Key Resistance Level
22.4.2023
Leveraged long positions in the Bitcoin futures market have been getting “rekt” (i.e. stopped out in internet lingo) in the last few days.
According to data presented by crypto derivatives analytics website coinglass.com, long position liquidations have surpassed $150 million over the course...
Toy Manufacturer Mattel to Launch P2P Marketplace for Virtual Collectibles on NFT Platform
22.4.2023
On April 20, the American toy manufacturing company Mattel announced an update to its virtual collectibles platform, which will go live on April 27. The peer-to-peer platform, called Mattel Creations Virtual Collectibles, will coincide with the Hot Wheels NFT Garage Series 5, featuring some of...