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Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
6.4.2022
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar...
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
6.4.2022
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
6.4.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges...
Elon Musk Promises to Make ‘Significant Improvements’ to Twitter — Calls Crypto Spam Bots ‘Single Most Annoying Problem’
6.4.2022
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as...
Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC
6.4.2022
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin...
Point Labs Releases Full Roadmap to Web3
6.4.2022
(Link to full roadmap here: roadmap.pointnetwork.io) With “web 3.0” suddenly upgrading from an obscure area of research to a hot topic of mainstream conversation and a significant part of the 2020-s zeitgeist, more and more questions arise about the nature of the beast....
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
5.4.2022
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s statements, tourism has greatly benefited from the introduction of bitcoin as legal tender...
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin
5.4.2022
Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators...
Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US
5.4.2022
According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was...
Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami
5.4.2022
The cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also...
Minerset․com Announces New 200-Megawatt Crypto-Mining Facility
5.4.2022
PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices to more than 200 investors worldwide. As a strong supporter and heavy investor in a cryptocurrency-mining...
Biggest Movers: CELO, LUNA Higher, ZIL Moves Over 15% Lower
5.4.2022
Despite the global cryptocurrency market cap mainly consolidating on Tuesday, LUNA and CELO were some of the session’s biggest gainers. ZIL, on the other hand, continued to fall following recent highs, trading over 15% lower during today’s session. CELO ZIL fell for a fourth straight...
Feds Seize $34 Million in Crypto From Unidentified Florida Man
5.4.2022
On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet...
Bitcoin, Ethereum Technical Analysis: Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level
5.4.2022
Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the world’s...
Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations
5.4.2022
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million...
DeFi Protocol EverRise Introduces New Utility for On-Chain NFTs
5.4.2022
EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports VeNomics (vote escrowed token model) and on-chain utility NFTs. The upgraded EverRise protocol introduces increased security features and an innovative staking platform...
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
5.4.2022
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC...
Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution
5.4.2022
The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts...
China’s Central Bank Adds More Digital Yuan Pilot Cities
5.4.2022
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank...
Leading BTM Operator Bitcoin of America Working With Mayor Suarez to Promote Women in Crypto at BTC 2022 Miami
5.4.2022
PRESS RELEASE. The leading virtual currency exchange, Bitcoin of America, is announcing its return to BTC 2022 in Miami. Bitcoin of America made headlines last year at Bitcoin 2021 for promoting females in the cryptocurrency space. This year the company is back and bringing even more of its female...