Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so many plots of land available in the world today unless explorers move beyond Earth’s borders. One…
In brief Panamanian lawmakers last month approved a law that would allow citizens to spend cryptocurrency. But the president of the Central American country is not in a hurry to pass the bill just yet. Just last month, Panama looked like it was set to be the next Latin American country welcoming Bitcoin with open arms when the country’s legislature…
The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, the Belgian financial messaging network used by banks in international money transfers, announced Thursday that it is teaming up with French IT company Capgemini to conduct experiments with cross-border central bank digital currency (CBDC) payments. This is SWIFT’s second research project on CBDC. SWIFT and Capgemini are testing ways to link…
In a seed-funding round led by Andreessen Horowitz, blockchain gaming startup Azra Games has raised $15 million to develop its flagship play-and-earn RPG title, “Project Arcanas.” NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton also participated in the round. “Project Arcanas” will be an RPG with plenty of NFTs, which are unique blockchain tokens that signify ownership. In the case…
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before the collapse of cryptocurrency terra…
Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. lawmakers to regulate stablecoins in an effort to address “financial stability risks.” In a confirmation hearing before the Senate Banking Committee on Thursday, Barr said innovative technologies…
UnicornDAO announced today the raise of $4.5 million led by ConsenSys Mesh, Bored Ape Yacht Club creators Yuga Labs, and others. The funds will go toward supporting artists who identify as women and/or LGBTQ+. Launched in March 2022 by Pussy Riot’s Nadya Tolokonnikova alongside John Caldwell and Rebecca Lamis, UnicornDAO calls itself “a feminist movement that consists of Web3 native…
press release PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month, providing a new case for Binance enthusiasts. Today, they can share the exciting news that Freedom Protocol has set…
Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows. Fear & Greed Index. Source: Alternative.me During high volatility and sell-offs, it’s difficult to take a contrarian view and traders…
In brief The “difficulty bomb” will start slowing down the current Ethereum network. Ethereum devs are hoping to transition to proof of stake quickly, which would negate the need for an update to delay the bomb. Don’t get your hopes up too much, but Ethereum’s move to proof of stake could be in the cards for this summer. Ethereum core…
