In a recent update, the widely used cryptocurrency wallet MetaMask stated that it will begin supporting Layer 2 networks like Arbitrum and Optimism for its Swaps functionality. In the past, only Ethereum, Binance Smart Chain (BSC), Polygon, and Avalanche could participate in MetaMask Swaps. Users may aggregate data from many
December 22, 2022 2 mins read
Binance is increasing its attempts to comply with American law enforcement and regulators. Earlier today, the biggest cryptocurrency exchange in the world by trading volume stated that it has joined the Chamber of Digital Commerce, an American lobbying organization, in order to “help establish policies that benefit and protect users.”
December 21, 2022 1 min read
Numerous companies operating in various subsets of the cryptocurrency industry have failed this year. Multiple well-known businesses, including blockchain development firms, crypto lending platforms, and leading exchanges are feeling the heat. It has been reported that Core Scientific, formerly the leading Bitcoin mining firm, is now on a downward spiral.
December 21, 2022 1 min read
The developer of the massively popular online action game Fortnite, Epic Games, has agreed to pay $520 million to resolve FTC charges that it failed to take adequate measures to safeguard children’s privacy in the game and engaged in misleading conduct with respect to in-game purchases. On Monday morning, the
December 20, 2022 2 mins read
While the whole IT sector has been struggling in 2022, Meta has had it particularly difficult. Since the firm changed its name in October 2021, when its stock was trading at $323.57 a share, the price of the stock has plummeted by 60%. Based on data from MarketWatch, Meta is
December 20, 2022 1 min read
To keep up with global trends, the Nigerian government is expected to approve legislation regulating Bitcoin and other cryptocurrencies in the near future. On December 18th, Punch Newspapers, a leading publication in Nigeria. Published the article after interviewing House of Representatives Committee on Capital Markets Chairman Babangida Ibrahim. The local
December 19, 2022 1 min read
Artists, collectors, and professionals from all over the art world and related fields get together to discuss their personal experiences with NFTs and the beneficial effects that the fusion of art and technology has had on their everyday lives on this episode of the programme. Some of these concepts are
December 19, 2022 2 mins read
Stc Bahrain, a telecom provider in Bahrain, recently made a public announcement that it will begin accepting cryptocurrency payments. The firm has partnered with Eazy Financial Services, according to the announcement. Customers of Stc Bahrain may now use the Binance wallet to pay their invoices, according to the announcement. Cryptocurrencies
December 18, 2022 1 min read
As India holds the rotating chair of the G20, the finance and central bank deputies convened in Bengaluru, India, from December 13-15. As India’s economic affairs secretary Ajay Seth said at a press conference on Wednesday, the G20 countries are working to develop a policy consensus on crypto assets in
December 18, 2022 2 mins read
The Prudential Treatment of Cryptoasset Exposure Report, December 2022, was recently published by the Bank for International Settlements (BIS). According to the latest policy announcement, financial institutions may now keep 2% of their reserves in cryptocurrency. The new policy, which allows banks to store 2% of their reserves in cryptocurrency,
December 17, 2022 1 min read