Search
Indian Government Needs More Time to Finalize Crypto Bill: Report
21.1.2022
Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
Mad Money’s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate
21.1.2022
The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. Jim Cramer’s Dogecoin Warning Jim Cramer, the host of CNBC’s Mad Money, warned about investing...
Yield App Launches V2, and It’s More Than Just a New Look
20.1.2022
Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
20.1.2022
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects...
SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection
20.1.2022
The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms don’t come into the regulated space, it’d be another year...
Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature
20.1.2022
Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could...
Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen
20.1.2022
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack...
Spellfire Oversubscribed Twice, a Staggering $3.8M Raised
20.1.2022
Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...
Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO
20.1.2022
Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result of the new agreement between the two companies, Nadav Hollander, a co-founder at Dharma Labs, will become the...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
20.1.2022
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse
20.1.2022
Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which involves an all-cash transaction valued at $68.7 billion, will give Microsoft ownership of important...
Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to ‘Regularize’ Crypto
20.1.2022
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science...
Mars4 Metaverse NFT Sale Raises Over $250K in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly
20.1.2022
Mars4 is a multi-tiered project that combines NFTs, Crypto and an immersive survival game together. Through mars4.me, we give you a window to a virtual Mars and a host of investment opportunities via the world’s first revenue-generating NFT. The sale of Mars4 NFTs raised over $250K in a...
Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says
20.1.2022
Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by Indian users. Millions of Indians Visit Crypto Scam Sites Indians visited scam crypto websites in droves...
Exploring the CropBytes Metaverse: A Futuristic Crypto Game With Real Economics and Immersive Graphics
20.1.2022
On January 20th, CropBytes, the four-year-old metaverse farming game, is launching the brand new terrain with immersive 3D graphics. The new version upgrade greatly improved the already cute graphics of the game and brought a fresh feeling that adapts to the latest game aesthetics on mobile...
China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made
20.1.2022
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made using the digital yuan and more than 8 million...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
20.1.2022
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard...
SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer
19.1.2022
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric...