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Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
7.12.2022
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at...
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
7.12.2022
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct....
Nifty News: Winamp adds NFT support, Atari gets physical and more
7.12.2022
Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law
GensoKishi Official Release | LAND Sales Coming in December
7.12.2022
PRESS RELEASE. On November 30th, the MMORPG game “GensoKishi Online-Meta World” was officially released. It is the web 3 version of the iconic Japanese 3DMMO “Elemental Knights Online,” which won the “Game of the Year Gold Award 2012” in Taiwan and accumulated...
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year
6.12.2022
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...
GameStop Gets Into Holiday Spirit With More Layoffs
5.12.2022
In the spirit of Christmas and the ruthless pursuit of meme stock shareholder value, GameStop carried out its latest round of layoffs on Monday ahead of its new earnings report, which is due out later this week. The cuts reportedly hit staff working on the company’s crypto push, as well as a number...
Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022
5.12.2022
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro,...
Treasury officials would have done more for national security by leaving Tornado Cash alone
5.12.2022
Tornado Cash contributes to our national security interests more than it undermines them
Callisto Protocol Devs Rush Out Patches For Busted PC And Xbox Versions, Promise More Updates
5.12.2022
Space survival horror shooter Callisto Protocol has now received two big patches after some versions of it were panned for performance issues at launch, and more fixes are on the way. After releasing the latest update to address frame rate drops and other problems with the Xbox Series X/S edition...
Shiba Inu manifests a bull run: Price surge of more than 5%
5.12.2022
Shiba Inu is one of the tough competitors of Dogecoin. Both meme coins provided a good return in the last two years. At the time of writing this post, the SHIB price is trading around $0.000009, which has taken support around that level. After the FTX liquidity crisis, it has broken the previous...
Swingby Partners With Chainlink To Secure Bitcoin Bridge
5.12.2022
PRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is aimed to help secure the Swingby Skybridge which connects the Bitcoin blockchain, enabling the introduction of BTC into the Ethereum network....
Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions
5.12.2022
A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report has said. Nigeria is reportedly seeking to join six other countries, including two from Africa...
Brazilian Companies Break Crypto Purchasing Records Again in October
5.12.2022
According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...
Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more
5.12.2022
With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation
Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet
4.12.2022
According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform “as a fiat on-ramp to buy crypto.” Transak’s integration with the Coinbase wallet is coming at a time when more users are becoming “aware of...
Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review
4.12.2022
Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this...
Elon Musk Suggests Sam Bankman-Fried Donated More Than $1 Billion to Democrats – This is What Happened
4.12.2022
Tesla, SpaceX, and Twitter CEO Elon Musk has suggested that Sam Bankman-Fried, founder and former CEO of FTX, could have donated as much as $1 billion to Democrats.
In a Saturday tweet responding to Will Manidis, cofounder and the CEO of ScienceIO, who claimed Bankman-Fried did "one of the highest...
Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask
3.12.2022
Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank...
Stellantis Owned Fiat Launches Metaverse Store Using Touchcast and Microsoft Tech
3.12.2022
Fiat, an automotive brand property of Stellantis, has launched its first metaverse-based store, which the company claims is the first showroom of its kind. The experience, which was developed with tech supplied by Touchcast and Microsoft, aims to make the virtual process of reviewing a car more...
Inside LBank’s Exquisite Afterparty at DCENTRAL Miami
3.12.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Dec 2nd, 2022 – LBank, a global crypto exchange, hosted an ‘LBank & Crypto Friends’ afterparty alongside the Web3 conference DCENTRAL Miami. LBank was proud to host more than 200 guests from all layers of the industry. This was LBank’s second event in Miami...