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PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects
11.2.2022
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies...
McDonald’s Trademark Filings Hint at Fast Food Giant’s Intent to Produce Metaverse Restaurants
11.2.2022
Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products....
Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum
11.2.2022
The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form — Topps 1952 Mickey Mantle card. The Topps 1 of 1 “Timeless Collectible” will be issued...
Binance Invests $200 Million Into the Business Magazine and Digital Publisher Forbes
11.2.2022
Reports indicate that the world’s largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes...
Global Pets World: An Experience for Pet Owners in the Real World and the Metaverse
11.2.2022
PRESS RELEASE. For many pet owners, owning a pet is akin to having a child. They consider the pets as family members, and these family members deserve to be entertained and pampered. Global Pets World Holdings, a wholly owned subsidiary of WisdomCome Group, in collaboration with Ammbr Group, will...
Global Regulators ‘Going Full Steam’ on Crypto — Official Says ‘Current Structure Is No Longer Fit for the Purpose’
11.2.2022
Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the chairman of France’s markets watchdog AMF. Global Regulators...
Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030
11.2.2022
A panel of fintech specialists has predicted that the price of ethereum will reach $6,500 by year-end. It will then rise to $10,810 by 2025 before more than doubling to $26,338 by 2030. Fintech Specialists Share Ether Forecasts Price comparison portal Finder updated its price predictions for ether...
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead
11.2.2022
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional...
Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks
10.2.2022
One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender has added uncertainty about...
LBank Exchange Will List Lucky Block (LBLOCK) on February 11, 2022
10.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 10, 2022, ZEXPRWIRE – LBank Exchange, a global digital asset trading platform, will list Lucky Block (LBLOCK) on February 11, 2022. For all users of LBank Exchange, the LBLOCK/USDT trading pair will be officially available for trading at 18:00...
City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High
10.2.2022
While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters...
Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again
10.2.2022
LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today. Biggest gainers Following turbulence during today’s trading session, the global cryptocurrency market...
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India
10.2.2022
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He also warned investors of the risks of investing in crypto, stating this...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits 40-Year High
10.2.2022
Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released. Bitcoin Bitcoin started the day in the green, hitting the $45,000 mark in the process, however as the U.S....
Kirobo CEO Asaf Naim Explains How Building a Safety Net for DeFi Users Will Make It Bigger Than Ever
10.2.2022
Kirobo is a decentralized application developer building out a suite of services focused on DeFi security and usability. With a $5 million investment from Digimax in 2021, Kirobo works to make decentralized finance as accessible and user-friendly as regular online banking. Kirobo is the proud...
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
10.2.2022
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted....
Custom NFT Marketplace Creaticles Bolsters Advisory Board Ahead of Multi-Chain Expansion
10.2.2022
PRESS RELEASE. Boston, 10 February 2022 – Creaticles, the world’s first NFT Requests Marketplace, has today announced new signature additions to its Advisory Board, Jeff Jiho Zirlin, Co-Founder of Axie Infinity; Sébastien Borget, COO and Co-founder of Sandbox; Joe Zhou –...
Binance Partners With Korean Entertainment Corporation — NFT and Metaverse Collaborations Envisioned
10.2.2022
Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs...
Merkle Standard Chosen as Launch Customer, Orders 4,449 of Newest BITMAIN 188 TH/S S19 + “Hydro” Mining Rigs
10.2.2022
PRESS RELEASE. (Irvine, February 9, 2022) – Sustainable Bitcoin mining company Merkle Standard has executed a purchase order for the high-performance, liquid-cooled mining rigs from Bitmain Technologies Ltd. The leading ASIC hardware provider will supply 4,449 of new S19 Pro + Hydro machines...