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Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
27.8.2022
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below the $20K region for the first time since mid-July. Crypto Economy Craters — More Than $240 Billion Erased...
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards
26.8.2022
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal....
Bitcoin Cash (BCH) Makes Another Attempt to Breach $166 Mark!
24.8.2022
Bitcoin Cash is an improved, advanced, and more capable blockchain than its parent BTC. BCH’s last released block size was 32 MB, while BTC was just 1 MB. This indicates the difficulty level in solving a BCH-based block. With the news of mining operations slowly shifting towards Proof...
Mark Zuckerberg to Overhaul Meta’s Metaverse App Horizon Worlds After Criticism of Its Simple Graphics
22.8.2022
Meta CEO Mark Zuckerberg has decided to overhaul the company’s flagship metaverse app Horizon Worlds after it received heavy criticism due to its graphic simplicity. The backlash was received as a consequence of one of the selfies of Zuckerberg’s avatar in Horizon Worlds presented...
Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review
21.8.2022
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other...
Mark Zuckerberg Responds To Graphics Backlash, Promises Metaverse Won't Be Depressing To Look At
19.8.2022
Earlier this week was supposed to be a celebratory time for the folks at Meta, as its reality-devouring project Horizon Worlds was now available in more countries. The occasion was marked by Facebook CEO Mark Zuckerberg himself posting a “selfie” of his in-game avatar in front of a digital Eiffel...
Cosmos (ATOM) Stumbles at $12 Mark to Repeat Negative Trend!
19.8.2022
Cosmos blockchain can be considered a gateway to solving future and upcoming networking problems in inter-connected blockchains or different blockchain ecosystems. Cosmos is a popular SDK service provider, one that enables developers to create modular blockchains with their own validation system...
Robinhood lands steep 60% discount on $170M exchange acquisition: Report
19.8.2022
The US-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu due to poor market conditions
Mark Zuckerberg's Soulless Metaverse Avatar Has Me Worried About Our Digital Future
17.8.2022
“Metaverse” is a buzzword that has become quite popular in the last two years. Fortnite is a metaverse. Web3 and blockchain will help power the metaverse. Maybe cows will even be a part of it? However, nobody seems more invested in shaping our collective notion of what the metaverse is than Meta...
BNB Faces Tough Resistance Near the $340 Mark!
17.8.2022
BNB is on the fourth positive swing since touching under the $200 mark for the first time since February 2021. The outlook of this token is a dependent factor on the performance of BNB’s decentralized projects and overall traction on the BNB token. BNB was born out of the need to compete with...
Ethereum (ETH) Fails to Stay Above the $2000 Mark!
17.8.2022
Ethereum has successfully defended its second spot and recently touched the $225 billion market capitalization. The expected merge of its blockchain towards the Proof of Stake validation process will ensure a less rewarding benefit for validators, but it is expected to reduce the transaction...
Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’
14.8.2022
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into...
Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday
13.8.2022
Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly...
Mark Cuban faces class action lawsuit for promoting Voyager crypto products
11.8.2022
The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings
Mark Cuban Mocks the Metaverse: ‘It Is Anything You Want It to Be’
9.8.2022
Mark Cuban, investor, Shark Tank star, and owner of the Dallas Mavericks is skeptical when it comes to the concept of the metaverse. In a recent interview, when asked about the definition of the metaverse, Cuban stated that the metaverse was “anything you want it to be,” declaring...
Ethereum Name Service founder reflects as 2 million registration mark nears
8.8.2022
As the Ethereum Name Service edges closer to 2 million domain registrations, its founder reflects on the parallels with the internet’s Domain Name Service
The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000
8.8.2022
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during...
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...
Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets
5.8.2022
In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook, Meta, announced the company has started an “international expansion to 100 countries.” The company also revealed integrations with specific Web3...
Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
4.8.2022
FLOW latest price rally has turned it into an "overbought" asset, which could amount to an imminent correction