In brief The R3al Metaverse is a new web series starring characters based on avatars from popular NFT projects, including the Bored Ape Yacht Club. Fans can buy a producer pass NFT to help shape the storyline via interactive features, plus their NFT characters could make a cameo. It sounds like a regular day on Crypto Twitter: a Bored Ape…
Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessions. Ethereum was also in the green, as prices briefly recaptured $1,600. Bitcoin Bitcoin (BTC) was trading higher for a second consecutive session,…
Indonesian tech company PT GoTo Gojek Tokopedia Tbk (GoTo) bought PT Kripto Maksima Koin, a local crypto exchange, in a bid to diversify its assets. The deal makes a landmark in the merging of mainstream and crypto in the fourth most populated country in the world. As reported by Reuters, the sum of the acquisition of 100% shares by the country’s…
This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. It is an article adaptation of his speech for BitBlockBoom 2022 in Austin, Texas. We’re living through an era of immense change and the money is broken. But on the bright side, we have this monetary technology, Bitcoin. On the…
The wanted CEO of crypto exchange Thodex has been caught in Albania, the Turkish Ministry of the Interior said in a statement. Faruk Fatih Özer was the subject of an Interpol red notice, a worldwide request to law enforcement worldwide to locate and provisionally arrest a person. He was wanted over his role in the overnight disappearance of Thodex, which…
The venture capital market of the cryptocurrency industry is holding strong despite the crypto winter as major government-linked firms reportedly continue betting on big industry players. Singapore state-owned investment firm Temasek is joining a $100 million funding round for the blockchain and venture studio Animoca Brands, Bloomberg reported on Tuesday. According to the report, Temasek will lead Animoca’s financing round…
With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study has found. The study findings suggest that Nigeria, which has more than 22 million crypto owners, currently accounts for more than a third of the continent’s total number of holders. Nigeria Accounts for Over a Third of Africa’s Crypto Owners…
The saga of the defunct Turkish crypto exchange, Thodex, continues as its fugitive founder is now in custody in Albania. Local law enforcement detained Faruk Fatih Özer in an operation carried out at 05:30 AM (UTC) on Tuesday, Aug. 30, in the country’s capital city Tirana. According to a report byCointelegraph Turkey, Özer is currently held in custody. After initial…
With the Ethereum Merge on the way, the risk research and analysis team Block Analitica proposed a temporary pause in Ether (ETH) borrowing to mitigate the risks which may lead to a decentralized finance (DeFi) implosion in the Aave lending protocol during the Merge. The team pointed out the potential issue of high ETH utilization which may result in liquidations…
Digital asset custody platform Fireblocks has launched support for Solana, giving its thousands of users access to the developer network’s applications and infrastructure. Beginning Tuesday, Fireblocks users will have direct access to Solana’s various decentralized finance (DeFi) and Web3 applications — a move the company says will directly benefit “alternative asset managers” and “capital market participants.” “Thousands of businesses use…
