Huobi Global, the world’s top crypto asset exchange, revealed on Thursday that it had acquired Bitex, a prominent cryptocurrency exchange in Latin America. Despite Huobi now being the parent firm of Bitex, which was established in 2014, the trading platform will continue to use its current branding and management team.
May 27, 2022 1 min read
Andreessen Horowitz has now raised a total of $7.6 billion for crypto and blockchain. The firm is planning on continuing its crypto investments despite market condition. Rumors that Andreessen Horowitz intends to shatter the benchmark for a record-breaking crypto fundraising earlier this year have been verified by the company. Andreessen
May 26, 2022 1 min read
Users will be able to buy NFTs straight via Apple and Google in-app purchases. Verko’s gaming server directly delivers awards to users’ wallets when they win matches. Cantina Royale, the next addition to the Elrond blockchain ecosystem and a real-time free-to-play and play-to-earn (P2E) shooter metaverse game, will test the
May 26, 2022 2 mins read
Decentralized gaming platform, Bullieverse is set to launch the integration of Chainlink’s VRF, the Verifiable Random Function, on Polygon and Ethereum to help fairly distribute the Bear NFTs, the latest addition to the Citizens of Bulliever Island (COBI) collection. Set to launch later in the week, the integration of Chainlink’s
May 24, 2022 3 mins read
Ripple also boasts a transaction completion time of under five seconds. Energi is down 8.74% in the last 24 hours. Let us look at the top 3 altcoins for investors in 2022. Immutable X (IMX) Immutable X claims to have overcome Ethereum’s shortcomings, such as limited scalability and bad user
May 24, 2022 1 min read
The luxury brand is still debating which payment mechanism will be utilized. The initial currency accepted will be Bitcoin and Ethereum. Since last year, the number of people using cryptocurrencies has skyrocketed. Coins like Bitcoin and Ethereum have gained a lot of traction in recent years. A well-known luxury brand,
May 24, 2022 1 min read
The whole system’s failure has wiped out the ecology and shattered its trustworthiness. A situation where no multisig is involved is strange and hazardous. Theory, loss and response are only some of the reactions to Terra’s extinction. Because of the failure, many thought that this one was doomed. Tether’s Chief
May 23, 2022 2 mins read
Many Russians are turning to subsidized and even unauthorized power. Machines used over 8,400 kW of power paid for by the government. The Butyrskaya jail in central Moscow’s Tverskoy District is under scrutiny for a high-ranking prison official’s crypto mining farm. The oldest Russian jail, also known as Butyrka, was
May 23, 2022 1 min read
The task force hopes to create virtual equivalents for 42,000 positions. Dubai aims to raise its GDP by 1% by banking on the metaverse potential. The Dubai government has announced the creation of a task group to monitor the most recent advances in the digital economy and to take advantage
May 22, 2022 1 min read
Bitcoin with pizza? That’s an odd mix, to say the least. Despite this, each event has been given a whole day to commemorate. All of this is being done to honor the world-changing advancements that crypto has brought forth. As a result of their widespread use, cryptocurrencies have taken over
May 22, 2022 1 min read
