A leading analytics firm for dApps (decentralized applications), DappRadar, published a market report on July 5. The report indicated that blockchain gaming and NFTs ecosystems offered a silver lining during the previous quarter regardless of the harsh cryptocurrency winter that plagued the…
The US-based crypto brokerage Voyager Digital is among the firms to face liquidation because of 3AC’s (Three Arrows Capital) demise. The firm’s June 22 press release revealed its 3AC investment exposure comprised 15,250 $BTC ad $350M USDC. The later press release (dated…
Bitcoin has ended July’s first week with an impressive upswing as enhanced market conditions catalyzed increased accumulation. The bullish moves led to a substantial upsurge that propelled the bellwether crypto beyond $22K early on July 6. Moreover, Bitcoin climbed to the $22,527…
With the launch of the smartphone “Saga,” the Solana group has stepped ahead to incorporate Web3 into mobile phones. The community open-handedly appreciated the new project with several reactions drawing a comparison between the project as well as the others like Ethereum…
Nowadays, the miners and the market are facing a crisis. The public mining firms expressed their concern through financial statements that the firms had to increase the sale of cryptocurrencies by four times to meet their needs. In May, public mining firms…
BTC mining operations need more electricity than other customers, so PUD Commissioners decided to charge the bill with the newly increased rates from BTC miners in Chelan County and Washington. 560 KPQ reported recently that electricity rates have increased by nearly 29…
The layer-2-based scaling solution of Optimism has experienced a setback as the smart contract of the platform’s market maker has been exploited due to which a loss of up to 20m OP tokens was witnessed in this respect. This incident took place…
South Korea’s Financial Supervisory Service (FSS) has started an inquiry on payment gateway facilities that operate with digital assets. The agency is known as the financial regulator of the country and runs in line with the FSC (Financial Services Commission), with both…
It is recorded to be the most time it has taken to discover a crypto protocol venerability. Massive Unnoticed Hack The Mirror Protocol has been a target for exploiters for more than 6 months, however the hack wasn’t noticed on the network…
Galaxy Racer, an esports institution based in Dubai, has started a partnership with QUINT (a crypto firm). In this contract, Galaxy Racer has invested $25 million (~£19.78 million) into the crypto ecosystem of QUINT. The token of QUINT will be incorporated into…
A Brazilian university, the USP (University of Sao Paulo), reported that research will be done on the metaverse by the research groups that have an interest in human behavior and psychology, 3D modeling, as well as the efficiency of the devices related…
The RBI (Reserve Bank of India), while further remarking on the decision of the authorities to launch an in-house CBDC (central bank digital currency) in 2022-23, suggested a 3-step strategy to introduce a CBDC with no or little disruption caused to the…
During the emergence of issues in the sector of stablecoins, USDT (Tether) released a unique digital asset to be pegged into the peso of Mexico on the networks of MATIC (Polygon), TRX (Tron), and ETH (Ethereum). A declaration was made by Tether…
In a unique development linked to East Asia, Bitbank (a crypto exchange within Japan) declared a collaboration with Sumitomo Mitsui Trust Holdings (a financial holding firm) with the target of developing JADAT (Japan Digital Asset Trust). As per a declaration made recently,…
Coinbase, the biggest exchange of cryptocurrency in the United States, has incorporated Avalanche and the BNB Chain – previously known as Binance Smart Chain – to the list of Coinbase Wallet’s supported networks where consumers can store and swap cryptocurrencies. A blog…
On April 1st of this year, Indians officially started paying a 30% tax on income generated through crypto transactions. Finance Minister Nirmala Sitharaman announced the new tax back in February, together with another 1% tax on crypto exchanges, which will kick in…
Highly outspoken crypto critic Christine Lagarde’s son has jumped into the crypto market, notwithstanding her concerns. The ECB (European Central Bank)’s President repeated her hostile point of view regarding cryptocurrencies, asserting that nothing supports these assets and therefore some stringent regulation should…
eBay, a giant in e-commerce, is pursuing to acquire some position in the NFT sector although the interest in the respective field is plummeting day by day as the cumulative sales around the globe are contracting in the market of cryptocurrency. As…
The cryptocurrency market has witnessed intriguing actions (this month) following bearish waves that struck down top digital assets. The global cryptocurrency market cap also declined beneath $1 trillion, deteriorating crypto institutions like Celsius and 3AC. Bitcoin struggled with massive drawbacks during the…
According to an official announcement posted by Lavu, the firm has revealed that they will start accepting payments from their clients in cryptocurrencies as an alternative payment method. Lavu Contributing more Power to Cryptocurrencies Popularly known for its international restaurant software products,…
