Samsung Latam has opted to create its own space on the Ethereum-based Decentraland. As a Metaverse experience on the Roblox platform, Samsung debuted Space Tycoon in July. The regional division of the electronics giant, Samsung Latam, has chosen to create its own space. On the Ethereum-based metaverse platform Decentraland. Users
FSOC Report provokes the mandatory need of crypto regulation in the US The UN forecasts a 2.5% drop in global economic growth this year. The Biden administration and the Capitol Hill, a.k.a the US Congress, are in serious conversation to enforce a crypto regulatory framework in the United States. The
The Biden administration has urged Congress to act swiftly to establish a stable regulatory framework for cryptocurrencies. It is becoming more obvious that countries throughout the world are adopting cryptocurrencies. Despite certain nations’ lack of support, the cryptocurrency market remains popular among investors. This is true in a number of
At its next meeting on November 4, the Fed will determine the next interest rate hike. Fed’s rate hikes this year will have a negative impact on developing nations. The United Nations has urged the Federal Reserve and other central banks to halt their interest rate hikes. To counteract growing
Swiss cryptocurrency services provider Bitcoin Suisse is enabling token holders within the Polkadot ecosystem to participate in governance voting when their digital assets are securely stored within its Bitcoin Suisse Vault service. Polkadot, its canary network Kusama, and all of its parachains rely on on-chain governance, ensuring that the community
Since mid-August, Bitcoin’s stablecoin supply ratio has decreased to 4.5. Bitcoin is now trading around the $19.5k mark as per CMC. A few weeks ago, Bitcoin’s Sharpe ratio began climbing up from its September low of -4.38. It has managed to put itself together, but it is still hovering towards
The effect is a 5% increase in the price of LUNC. Binance sent almost 5.59 billion Terra Classic (LUNC) tokens to the burn address. Over 5 billion Terra Classic (LUNC) tokens have been delivered to the burn address by the biggest cryptocurrency exchange in the world, Binance. After the Terra
The company intends to completely liquidate all of its commercial paper assets. Tether has been preparing to submit financial records to the New York Court. Tether (USDT), the biggest stablecoin in the crypto market, has been in the spotlight for a number of reasons recently. The company’s previous auditor was
The year 2022 so far has not yet been bright for the entire crypto industry, including the king, the Bitcoin (BTC). Ever since the start of 2022, the price of BTC has been plunging down further and further as time passes throughout the year. BTC started the year 2022, with
The hacker exploited a flaw in the cross-chain DEX’s code. Hacker’s IP address, email address, and linked on-chain addresses were identified. Yesterday, a hacker made off with $21 million from the decentralized exchange (DEX) Transit Swap. But this morning, he or she returned 70% of it. The hacker exploited a
