Ethereum continues its slump after the merge. ETH has dropped over 25% in the last 7 days. In the last 24 hours, ETH is down by over 10% and has fallen below the $1.3K mark. Ethereum is not the only cryptocurrency facing the brunt of the slowdown. Bitcoin prices have… Read more
Why Ethereum Price Drop Is FUD and “Short Term Noise”?
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Popular crypto wallet MetaMask has introduced a new dapp that lets users check and manage their entire portfolio at once. Crypto Wallet MetaMask Has Launched A Beta Portfolio Dapp As announced by the wallet in a blogpost, the new decentralized app (dapp) helps users monitor both their cryptocurrency and non-fungible token portfolios. MetaMask is one […]
While Bitcoin and many other digital assets are tanking, some coins are proving to be extremely resilient in the face of current market volatility. One coin that is climbing at an amazing rate, even as the rest of the market crashes, is RBIS, the token fueling the ArbiSmart financial services ecosystem. In the last 3 … Continued
The post Up 300% So Far, This Is the Coin to Perform Better than Bitcoin appeared first on BeInCrypto.
Blockchain game developer Double Jump Tokyo has announced that the company has obtained rights to a Sega IP for use in a new game. Double Jump Tokyo Gets License To Sega’s Sangokushi Taisen For New Blockchain Game As revealed by the developer in a blogpost, the new game will focus on the theme of “Sangokushi” […]
Crypto is making a positive noise as more people lose faith in central banks, Billionaire hedge fund investor Stanley Druckenmiller says. Druckenmiller is confident with the comeback of crypto, especially with the recent condition of the global economy as the world is combating both recession and inflation. Druckenmiller was recently interviewed by CNBC and he […]
The Metaverse, which means Beyond the Universe, is a term used in the blockchain industry to describe an imaginary world brought to reality with fiber-optics technology. The Metaverse is available to anyone anywhere in the world, so it is not limited to time or location. The idea of a metaverse world became interesting during the […]
The collapse of the algorithmic stablecoin Terra and its native token LUNA remained a shocking event in the crypto space. The outcome was the loss of billions of dollars for many individual and institutional investors. It also threw the entire crypto industry into a historic crisis. Lots of changes have taken place following the fall of the stablecoin. Subsequently, some investigations and legal cases have been against the founder of Terraform Labs, Do Kwon. Firstly, the South Korean Prosecutors leveled some allegations against the Terra Chief. Related Reading: Polkadot Price Drops On Chart With Resistance At $6.80, What’s Next? Also, the International Criminal Police Organization (Interpol) issued a Red Notice against him. The Interpol request is for law enforcement’s immediate arrest of Do Kwon globally. There was a massive loss of over $60 billion of investors’ funds through the fall of Terra and its ecosystem in the first half of the year. The South Korean Prosecutors requested the assistance of Interpol for the arrest of Kwon. The prosecutors accused the Terra chief of hiding to avoid their investigations. According to a source, Kwon was seen in Singapore, though the city police noted that he later left. Terra Says Case Against Kwon Is Highly Hyped Up Following the alert from Interpol, there was a slight fall in the prices of Terra Classic (LUNC) and the newly launched Terra LUNA. Some rumors have been that Kwon went into hiding since the collapse of Terra and its ecosystem. Terraform Labs has finally reacted to the case against Do Kwon. The firm stated that the case is highly politicized while speaking to Bloomberg. The spokesperson mentioned that the South Korean Prosecutors’ steps depicted unfairness in all aspects. Related Reading: Cardano Price Fails To Pierce Through $0.48 As Bears Continue To Dominate According to the spokesperson, the prosecutors failed to adhere to the basic rights available under Korean Law. Also, he noted that the prosecutors’ allegations against Kwon of breach of capital market laws indicated reasonable bias. Featured Image Pixabay, Charts From Tradingview.com
The world’s largest issuer of exchange-traded funds (ETF) BlackRock is making another big bet in the crypto space with the launch of the Metaverse ETF. BlackRock’s iShares Future Metaverse Tech and Communications ETF will seek to track companies having exposure to the Metaverse, as per the filing on Thursday, September 29. The ETF issuer has
The post BlackRock Unveils Metaverse ETF Despite Weak Market Conditions appeared first on CoinGape.
Meta has announced an update for its non-fungible token (NFT) features on Facebook and Instagram. Starting today, the social media platforms will allow U.S.-based users to connect their wallets and share their NFT with their friends and followers. Related Reading: What Bear Market? A Single CryptoPunk NFT Just Sold For $4.5 Million According to an […]