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Major Crypto Crash Leads to $570 Billion Lost in Market Cap
6.12.2021
The recent bitcoin meltdown can be attributed to countries attempting to control online legal cash. The whole market value of cryptocurrencies was $3.7 trillion on Friday, but they are currently only worth $3.1 trillion. A total of $570 billion was lost in a single day. According to CoinDesk data...
Facebook and Instagram Curb Rules on Crypto Ads
3.12.2021
Cryptocurrency ads on Facebook (Meta) and Instagram will get a lot easier. In its press release, Meta stated that the Cryptocurrency ecosystem has continued to grow and stabilize in recent years and has seen more government legislation that is creating clearer norms for their business. Meta expects...
BENQi Announced GameFi Metaverse with Imperium Empires
2.12.2021
BENQi is happy to announce its first GameFi—Metaverse partnership, beginning with Imperium Empires, Avalanche’s first AAA GameFi Metaverse Project, as part of BENQI’s mission to consistently develop and ingrain itself into the Avalanche ecosystem. Imperium Empires is based on Avalanche...
The History of Tokenization
2.12.2021
The advent of blockchains, NFTs, and cryptocurrencies has gained tremendous momentum in recent years leading us to believe that tokenization is the inevitable futuristic monetary technology that the world will take no time to adapt. The concept of tokenization as a form of currency is not new...
Cryptocurrency Transactions in India Won’t Be That Simple
1.12.2021
Indians are the world’s largest Cryptocurrency investors. In India, there are an estimated 15-20 million Cryptocurrency users. The Cryptocurrency law, which was tabled in Parliament during the Winter Session, has created a tense situation among investors. One of the reasons for the increased...
EWO Place Is Reinventing How Utility Tokens Are Used in Real Estate
1.12.2021
Every time there is big news about cryptocurrencies in the media, it is mostly about the price. The token that is becoming bullish or bearish. However, there is not much news about the technology behind it. We hear little about how this technology is changing the lives of ordinary people. Suppose...
BlockchainSpace Lands $2.4M in Strategic Funding to Onboard 20,000 New Guilds in the P2E Metaverse
30.11.2021
BlockchainSpace, a guild hub for play-to-earn (P2E) communities, announced a $2.4 million strategic funding round today. Coming hot on the heels of last month’s seed round, the funds will be used to onboard the next 20,000 guilds worldwide and accelerate growth in the rapidly expanding NFT gaming...
Colony Raises $18.5 Million To Fuel Next-Gen Applications In The Avalanche Ecosystem
30.11.2021
Colony, a community-driven accelerator, is evolving into a decentralized autonomous organization that’s aiming to generate rapid growth in the Avalanche ecosystem, announcing it has raised $18.5 million in seed funding. The round was led by The Avalanche Foundation and saw participation from Shima...
4JNET Team Warns of Fraud as Limited-Edition NFTs Are Selling Hot
30.11.2021
Recently, 4JNET has become a heated topic in the token industry, and 61% of its limited-edition NFTs were sold within 1 months, reaching up to 3365BNB. As 4JNET fever continues, lots of swindling gangs make trouble. According to the responsible person of 4JNET, a gang disguised as one of...
ADACash Shells Out $1.5 Million Rewards to Users One Month Into Operation
29.11.2021
Encouraging news for staking market participants comes around as the ADACash rewarding staking project for the Cardano network released a report detailing over $1.5 million in payouts issued to ADACASH reward token holders. The report highlights that the payout in excess of $1.5 million...
Kleiman V Wright Jury Still Deliberating Verdict on Satoshi Nakamoto Trial
29.11.2021
Both parties finished their closing arguments on Day 15 of the Kleiman v Wright civil trial that started three weeks ago on November 2. Now, the jury is deliberating over the verdict and is tasked with deciding 25 questions about the case. The Plaintiff’s Closing Argument Vel Freedman, counsel...
Thailand to Become Crypto Positive Society Through Tourism
29.11.2021
The Tourism Authority of Thailand (TAT) plans to issue TAT Coin, a Cryptocurrency token, as part of its “cryptourism” campaign to lure some of those affluent crypto investors. They may contribute to the country’s GDP. According to the Bangkok Post, Jirayut Srupsrisopa, the creator...
Crypto Trading Volumes Are Shifting to Decentralized Ecosystems; Can Centralized Exchanges Keep Up?
26.11.2021
The crypto industry has significantly evolved in the past decade, with Bitcoin setting the stage for other cryptocurrencies like Ethereum and Dogecoin. However, the biggest shift has been the mass migration to decentralized exchanges (DEXes) following the debut of protocols such as Uniswap...
University of Melbourne and Algorand Foundation to Build Blockchain Courses
26.11.2021
A new association between the University of Melbourne and the Algorand foundation has been declared. This will pave the way for the facilitation of world-class education on cryptocurrency and blockchain technology courses. Coming together is a part of the larger plan of the Algorand foundation...
SupraOracles Introduces a New Era of DeFi Oracles
25.11.2021
The emergence of DeFi (decentralized finance) has undoubtedly showcased the true power of blockchain technology and how it can transcend the financial realities of individuals on a global scale. With more crypto organizations and projects implementing and leveraging DeFi capabilities, the need...
Crypto Donors Pay $1Million in Fees for a Failed Bid
25.11.2021
A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...
Chainprox – Earning Passive Income by Sharing Internet Connection
24.11.2021
What is Chainprox? Chainprox is a tokenized tool for sharing your internet connection with other users and businesses in exchange for cryptocurrency. It’s the ultimate way of utilizing the unused potential of the network and devices connected to that network. The way Chainprox works is quite...
USDT Vs. USDC, CVI Platform Takes the Plunge
24.11.2021
Both USDT and USDC are stablecoins pegged to the USD. Unlike many cryptocurrencies, the fact that they are tethered to such a stable asset like the USD gives them their name, ‘stablecoins.’ Both of these currencies can be used for trading and investing, and they are some of the leading stablecoins...
Palau Partners with Ripple for Development of Digital Currency
24.11.2021
Ripple and the Republic of Palau have announced their partnership exploring the country’s digital currency idea and using it with the XRP Prediction ledger. The initial focus of the partnership will be on establishing a payment mechanism between cross-border and digital currency backed by...
Govt to Introduce RBI Digital Coin by Banning Private Crypto
24.11.2021
The crypto market saw a major crash after the news about the Indian govt banning the private crypto digital asset and introducing RBI digital coin during the Winter Session starting Nov 29. The Cryptocurrency & Regulation of Official Digital Currency Bill, 2021, would “provide for some...