sponsored Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens. Traders can get started by staking at least 0.01 ETH, 0.001 BTC, 50 USDC, or 50 USDT. For newer traders with a…
A plot of virtual real estate in crypto-powered metaverse Decentraland has sold for a record $2.43 million in cryptocurrency—more than double the previous record of $913,000. The land was sold to NFT-based virtual real estate company Metaverse Group for 618,000 MANA, the native cryptocurrency of Decentraland, according to a statement by Metaverse Group parent company Tokens.com. Per the statement, the…
Play-to-earn is a rapidly emerging niche in the gaming landscape, but it has far wider implications beyond video games. According to a recent World Economic Forum (WEF) report, this new genre could “change how people interact with and perceive traditional socioeconomic structures like financial institutions, marketplaces, and governments,” constituting a “proof of concept for a self-sovereign financial system,” and more…
Basic Attention Token (BAT) rallied to a new record high on Nov. 26 even as global markets plunged in tandem on fears about a highly mutated variant of Covid19 detected in South Africa. BAT’s price surged over 30% on Friday to reach $1.88 for the first time in history, with its market capitalization rising to $2.74 billion. Its climb appeared in…
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining and the introduction of taxation. Working Group in Russian Parliament to Address…
Governor of the Bank of England, Andrew Bailey, has questioned El Salvador’s decision to adopt Bitcoin as legal tender. “It concerns me that a country would choose [Bitcoin] as its national currency,” Bailey said yesterday during an address at Cambridge University, per Bloomberg. Bailey’s warning follows a long line of previous calls for concern against El Salvador’s Bitcoin policy. In…
The market capitalization of the entire crypto industry has plummeted in the past 24 hours, falling from $2.8 trillion to roughly $2.5 trillion. And though leading cryptocurrencies like Bitcoin and Ethereum have both seen their prices tumble, one token is showing surprising resilience: BAT. Basic Attention Token (BAT) is currently up 9.9%, at press time, after hitting an all-time high…
SIDUS HEROES is the first ever WEBGL, AAA-level, Play-to-Earn, NFT and MMORPG game. The game is set in a space metaverse at a time when technological advancements have reached the level of merging with all living beings. All characters belong to one of several blockchain races and embody that chain’s strongest attributes. Dan Khomenko is the co-founder and CEO of…
Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the launch of Bitcoin City. Bailey argued that El Salvador’s decision to adopt Bitcoin as a currency was alarming because consumers are likely to suffer from the cryptocurrency’s extreme volatility. Trading around $43,000 on the first…
Bitcoin (BTC) may be down 20% from all-time highs, but this is a golden opportunity to “buy the dip,” analysts argue. Black Friday is living up to its name in crypto this year as both Bitcoin and many altcoins trade at their lowest in six weeks. Misgivings over $53,000 floor After an overnight sell-off sparked by a declining dollar and…
