Facebook’s decision this Thursday to rebrand itself to Metato indicate its plans to build an avatar-filled metaversehelped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland,a virtual place with its own economy, currency (MANA), and social events, accessible to anyone with a web browser, saw its market valuation exploding from $1.44 billion to $2.08 billion…
The Australian Securities And Investments Commission (ASIC) has given early approval to fund managers seeking to launch Bitcoin spot exchange traded funds (ETFs), according to Business Insider. Many Australian funds have already begun the application process after ASIC green lit the spot ETFs. After months of consulting with experts in the Bitcoin and crypto industry, the corporate regulators issued new…
https://medium.com/media/e4067ab81f32f79dd8c2941827d8a50f/href Cybersecurity awareness month is coming to a close, but good security hygiene is a smart investment all year round. As crypto becomes more mainstream, cybercriminals who target crypto holders are also getting more creative and persistent. That’s why Coinbase’s security team has put together a simple guide for protecting your crypto and all the other valuable data you store…
In brief Kung Fury director David Sandberg is releasing a series of NFTs timed to Halloween. Each original character created for the NFTs could appear in his future films. The crowdfunded 2015 YouTube featurette Kung Fury was wild and wacky, ready-made for memes, and it cultivated an ardent fan basequalities that describe many popular NFT collections as well. Given that,…
Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position. Ethereum Reaches New All-Time Price High The second-largest crypto market capitalization belongs to ethereum (ETH) with…
Today Bitcoin personal server and node developer Umbrel announced it has raised $3 million in seed round funding. The funds will be used to accelerate development at Umbrel and to build out the team at the startup. Mayank Chhabra, cofounder and CEO at Umbrel commented, “The cloud doesn’t exist. It’s just someone else’s computer. As people de-cloud over this decade,…
Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the banks brokerage portal is considering projects related to cryptocurrency investment but its too early to discuss specific ideas. The company is now working on…
Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned. Earlier this month, cryptocurrency exchange announced on its website that it will settle all futures, contracts, and other derivatives activities for all Chinese consumers today, as part of the larger plan to cease operations in the country. According to previous announcements, Huobi, China’s…
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next five years. Kazakhstan Makes Millions From Cryptocurrency Miners Kazakhstan’s growing coin minting industry has…
Cryptocurrencies associated with the metaversea persistent, virtual shared universesaw double-digit gains over the last day, in the wake of Facebook’s announcement that it would rebrand as Meta, with a mission to “bring the metaverse to life.” Decentraland’s MANA token led the pack, with 24-hour gains of over 44.6%, bringing its price to around $1.15. The Sandbox’s SAND rose by 21.5%,…
