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Damien Hirst Burns $10 Million Live as Part of NFT Project
13.10.2022
English artist and art collector Damien Hirst completed his year-long non-fungible token (NFT) project by starting the burn of $10 million worth of his physical artwork.
Hirst burned a part of the unclaimed physical artworks at his London gallery this Thursday during a live stream.
Asked how...
US CPI data signals high-price inflation
13.10.2022
The US markets are eyeing another hike in the rate by early November. If reports are to be believed, then the Fed has every intention of taking the shot in an attempt to lower inflation. S&P500 and Nasdaq 100 closed their doors on a lower note before receiving an 18-month low figure. According...
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country
13.10.2022
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legislature. Lawmakers also want to make sure crypto companies pay their taxes and fees. Parliament...
XRP Price Prediction – What Will Happen to Price if Ripple Wins SEC Lawsuit?
13.10.2022
The XRP price has fallen by 7% in the past 24 hours, dropping to $0.452427 amid a generalized fall in the wider cryptocurrency market. Its current price means that it has also declined by 8% in the past week, yet the altcoin remains 26% up in the last 30 days, as investors increasingly come...
Chingari partners with decentralized fantasy sports platform RageFan to roll out additional utilities for the GARI Holders ahead of ICC T20 World Cup
13.10.2022
The partnership would unleash additional utilities for the GARI token and benefit the GARI token holders by allowing them to compete with other users for the upcoming T20 World Cup. GARI token holders will be able to play hypercasual play-2-earn games with GARI tokens on the Scramble app Chingari...
Bitcoin sustains the $19K mark; Can BTC revive now?
13.10.2022
Bitcoin miners hold some of the BTC tokens to maintain the liquidity in the market, but now the amount of Bitcoin held by mining companies has fallen to a significant low. They have only 1.91 million BTC in their wallets, whereas they used to have more than 2 million. Many experts think it can...
This Month at Binance: Innovation Never Stops
13.10.2022
September has been one of the busiest months at Binance this year. Last month the world’s largest crypto exchange by trading volume kicked off the inaugural Binance Blockchain Week Paris, a three-day event exploring the best of Web3. They also expanded their ever-growing suite of products...
Ethereum (ETH) buyers fail to overpower the sellers!
13.10.2022
Ethereum is the second largest cryptocurrency in the world, which is easily accessible and can be transferred worldwide. It has a wide range of use cases, so many investors prefer ETH as a long-term asset, but after the merge upgrade, it was in a downtrend. Still, many investors are accumulating...
DappRadar explains why it counted less than 40 active users on Decentraland
13.10.2022
DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000
Ex-Terra Developer Raises Funds for This New Project
13.10.2022
Former Terra developer Neel Somani has raised $15m for a new project focused on developing cross-chain roll-ups.
The new project, a layer-2 protocol known as the Eclipse roll-up, runs on the Solana (SOL) blockchain, and is inspired by the interoperability blockchain Cosmos (ATOM)....
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The Hideaways, Viberate (VIB), and Ethernity (ERN) – Which Is The Best?
13.10.2022
The higher the climb, the more painful the fall. Viberate (VIB) and Ethernity (ERN) consistently topped market gainers in the past weeks, making them among September’s top performers. Both tokens generated triple-digit gains during the month as news spread about their stellar price hikes....
Binance exchange burns $547M worth of BNB tokens
13.10.2022
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady
Solana network suffers another $100M scam at Mango Markets
13.10.2022
A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Phantom wallet. Mango Markets is a decentralized high-performance blockchain having headquarters...
Stepn Reportedly to Lay Off 100 Employees Amid Market Downturn, Company Denies It
13.10.2022
Play-to-earn game Stepn, which lets users buy non-fungible token (NFT) running shoes and earn native crypto GMT through jogging, reportedly started a major layoff of its contract workers amid a market downturn – but the team behind the app denies firing staff....
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Axie Infinity NFT Game Loses 62% of Players in One Year
13.10.2022
Popular blockchain-based online video game Axie Infinity (AXS) has reported a major loss of players over the past months. At about 701,000 average monthly unique players for the past 30 days, the game’s popularity decreased below the level reported for January 2021. ...
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China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
13.10.2022
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term
Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices
13.10.2022
Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access...
Argentinian Tax Authority Strengthens Crackdown on Illegal Crypto Miners
13.10.2022
Argentina’s tax body has bolstered its ongoing crackdown on crypto miners who do not declare their operations – and looks set to make good on the government’s pledge to ensure that all crypto-related activity in the nation is taxed....
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Bitcoin price threatens $19K support ahead of 'most hyped' CPI print
13.10.2022
Nerves are showing on the market after several days of Bitcoin "stuck" in a tiny trading range