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Elon Musk Giving ‘Serious Thought’ to Creating Social Media Platform With Free Speech as Top Priority
28.3.2022
Tesla and Spacex CEO Elon Musk says that he is “giving serious thought to” creating a new social media platform with free speech as a top priority. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally...
Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days
28.3.2022
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped...
NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises
27.3.2022
Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation...
81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade
27.3.2022
As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $3.65 million today and created in 2011, moved for the first time since...
Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for $564K
27.3.2022
The ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time...
TooNFT Looks to Revolutionise the Webtoon Industry via Next-Generation Blockchain Platform
27.3.2022
PRESS RELEASE. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon platform in conjunction with Toomics, which happens to be one of the largest webtoon platforms in South Korea...
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision
27.3.2022
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft...
Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte
27.3.2022
El Corte Ingles, one of the biggest retailers and distributors in Spain, has taken its first step into the cryptocurrency world. The company is reportedly launching its own cryptocurrency exchange for customers of its stores. The firm has enrolled the help of Deloitte to build a new platform that...
How to Easily Prepare Your Crypto Taxes – Koinly Founder Robin Singh Explains
27.3.2022
Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces...
Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
27.3.2022
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global...
Canadian Musician Grimes Reveals ‘Intergalactic Children’s Metaverse Book’ at Avalanche Summit
27.3.2022
At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by...
Rigel Protocol to Launch Unique NFTs Collection Sales
27.3.2022
PRESS RELEASE. Finally, Rigel Protocol is ready to join the NFTs Buzz with its first NFTs Collections for each unique DApp on the platform (SmartSwap, GiftDApp and LaunchPad). NFTs would be available for purchase at the Rigel Protocol NFT Marketplace or will be claimable on Rigel Protocol DApps...
Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading
27.3.2022
Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank...
Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation
27.3.2022
U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working...
Coinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations
27.3.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has made some changes to its services for customers in three countries. “This change will only impact users in Canada, Singapore, and Japan who are transferring digital assets from their Coinbase exchange wallet to a wallet off the Coinbase...
Ukraine’s Government Launches ‘Museum of War’ NFT Collection
26.3.2022
The Ukrainian government has launched a “Museum of War” non-fungible token (NFT) collection. All sale proceeds will go directly to the official crypto wallets of the Ministry of Digital Transformation of Ukraine to support the army and civilians, according to the museum website set...
Luna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC
26.3.2022
During the last week, the cryptocurrency community has been discussing the bitcoin purchases made by Luna Foundation Guard (LFG), as onchain data shows LFG’s bitcoin wallet currently holds 24,954.95 bitcoin worth $1.1 billion. LFG’s Gnosis safe address shows over the last four days...
Creators of the Cool Cats NFT Collection Sign With Leading Talent Agency CAA
26.3.2022
According to a report released on Friday, the creators of the non-fungible token (NFT) collection Cool Cats have signed a deal with the American talent and sports agency based in Los Angeles, CAA (Creative Artists Agency). Cool Cats is one of the top 20 NFT projects in terms of all-time sales...
Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’
26.3.2022
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.”...
UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects
26.3.2022
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture...