Wed, June 24

Twitter Announces $8 Blue Verification Badge With New Features

A newer version of Twitter Blue checkmark, its premium service, seems to have begun rolling out just a few days after Elon Musk, the recently appointed CEO of Twitter, proposed changes to the way the social media network validates user accounts, including charging $8 per month for the privilege. The

November 6, 2022 2 mins read

Elrond Rebrands Itself as MultiversX to Focus on Metaverse

MultiversX claims it will expand upon the Elrond Network’s established ecosystem. Companies keep investing in metaverse despite claims of low user numbers. Elrond, a company that specializes in blockchain technology, recently made the announcement that it will rebrand itself with an emphasis on the metaverse. The firm has rebranded as

November 6, 2022 1 min read

Circle To Invest in BlackRock Managed Circle Reserve Fund

Together with the asset manager, it established a government money market fund. The official blog article states that it will be exclusive to Circle. Circle, the stablecoin USDC’s issuer, recently made a public announcement that it will put a part of the USDC reserves into the Circle Reserve Fund. BlackRock

November 5, 2022 1 min read

Instagram Influencer Jay Manzini Pleads Guilty in $8M BTC Fraud

Igbara informed his followers that he planned to purchase a substantial quantity of bitcoin. He made off with major cryptocurrencies to the tune of $2.5 million from the duped victims. After being charged with money laundering, wire fraud, and wire fraud conspiracy, Instagram star Jebara Igbara, aka “Jay Manzini,” entered

November 5, 2022 1 min read

Joe Biden Utters Musk’s Twitter “Spews Lies Across the World”

The US President says that Musk has purchased a platform that spreads misinformation everywhere. Elon Musk recently claims that Twitter’s staff reduction is unavoidable. Joe Biden, the US President has recently slammed Elon Musk for purchasing Twitter Inc. On Friday, Biden said that Musk has purchased a social media platform

November 5, 2022 2 mins read

Leading Twitter Advertisers Pause Campaigns Following Musk Takeover

An Ad pause was verified by Audi and Cheerios manufacturer General Mills on Thursday. The makers of Oreos and Pfizer apparently stopped spending money on Twitter. Following Elon Musk‘s takeover, an increasing number of companies have stopped spending money on Twitter advertisements, including the carmaker Audi and General Mills, the

November 4, 2022 1 min read

Coinbase Witnesses a Third-Quarter Loss as Volumes Fall

Coinbase’s transaction revenue has decreased by 44% from the second quarter. Transaction revenue had dropped from $655.2M in the second quarter to $365.9M. Coinbase, the US-based cryptocurrency exchange platform’s transaction revenues, dramatically decreased in the third quarter amid the global crypto market collapse. On Thursday, Coinbase (COIN) stated that the

November 4, 2022 1 min read

Do Kwon Attempted to Manipulate Terra’s Price?

LUNC failed to support the algorithmic stablecoin (USTC) to peg the $ 1 value. The accusation of “price manipulation” is backed by the message conversation. Terra’s co-founder Do-Kwon is constantly under the radar of many international agencies since the historical fall of the cryptocurrencies, LUNA (now LUNC), and USTC. Both

November 4, 2022 2 mins read

XDC Network Transforms Developer Participation Into Decentralization

A blockchain network is trustless and requires no personal interaction between participants. A distributed ledger ensures that all nodes in the network have access to the same data. There will be widespread disapproval of a member’s ledger if it has been tampered with or corrupted by other users on the

November 4, 2022 2 mins read

Indian Home Minister Blames Crypto for Growth in Anti-social Activities

Amit shah stated that the amount of drug smuggling cases has increased by 152% between 2006-2022. According to ANI, more than 13 tons of drugs was seized in the presence of the Shah. Amit Shah, the union home minister of India, alleged that the volume of drugs being smuggled through

November 3, 2022 1 min read