The overall average of Unique Active Wallets (UAW) decreased by 12% since Q1 Blockchain games transactions defy the bear market and showing a 9.5% growth since Q1 Axie Infinity is the top searched NFT collection in 122 countries When it comes to tracking decentralized app (Dapp) activity, DappRadar, a worldwide
July 29, 2022 3 mins read
Cryptocurrency exchange Binance is testing its non-fungible token (NFT) ticketing solution with football club Societa Sportiva Lazio for the 2022 to 2023 season in response to the mayhem created by counterfeit UEFA Champions League tickets. A statement from Binance said that NFT tickets would eliminate ticket scalping and counterfeiting, which
July 29, 2022 2 mins read
Sean Ford, currently the Algorand COO, has been designated interim CEO. FIFA has appointed Algorand its official cryptocurrency sponsor. Steven Kokinos, the CEO of Algorand who joined the company in 2018 after creating the software development company Fuze, left in order to pursue “other interests,” although he intends to stay
July 28, 2022 2 mins read
The shadow fork 10 went live 26 hours early than scheduled. On September 19, the Ethereum core team stated that the merging will be deployed. After months of speculation, Ethereum has made yet another minor but critical step toward its long-anticipated move to Proof of Stake (PoS). Ethereum’s tenth shadow
July 27, 2022 2 mins read
The IMF pleaded with El Salvador to outlaw the use of Bitcoins as legal tender. On Twitter, Bukele declared he was presenting two legislation to the National Assembly. According to El Salvador’s President Nayib Bukele’s announcement, the nation intends to repurchase $1.6 billion in dollar-denominated bonds from the market. Last
July 27, 2022 1 min read
Infrawatch PH filed a 12-page complaint with the Philippines’ SEC. Binance does not have an office in Manila. For the second time, Infrawatch PH has requested that more government officials examine Binance for possible legal infractions in the Philippines. Infrawatch PH filed a 12-page complaint with the Philippines’ Securities and
July 26, 2022 1 min read
Indian government can track cryptocurrency movements thanks to the 1% transaction tax. RBI has advised the government to set laws and outlaw cryptocurrencies. Over the last several months, China has seen one of the most stunning crackdowns on cryptocurrencies in the world. If other emerging nations in Asia follow suit,
July 25, 2022 2 mins read
Tether and Bitfinex contributed funds to Hypercore to launch Holepunch. Keet made its public premiere today in alpha version. Tether, the company behind the world’s most popular stablecoin USDT, cryptocurrency exchange Bitfinex, and open-source project Hypercore have joined forces to establish Keet, a peer-to-peer (P2P) messaging network. Bitfinex has been
July 25, 2022 2 mins read
An $800 million bond payment is due in January 2023 on President Nayib Bukele. El Salvador’s initial purchase in September last year saw a 50% drop in its value. Investors can take advantage of the present pricing of El Salvador-issued Eurobonds because of the recent crypto meltdown, according to Morgan
July 24, 2022 1 min read
VARA has already awarded OKX a provisional license before approving Huobi. Huobi believes a regional headquarters for the exchange may be established in Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) has awarded provisional approval to Huobi, according to a statement from the business. Huobi’s virtual asset exchange products and
July 24, 2022 2 mins read