The Senators’ letter specifically called out Meta sites as prime targets for fraudsters. The Senators also expressed their worry that Meta is not doing enough. As the parent company of Facebook, Meta, expands into the metaverse, numerous senators in the United States have requested Facebook CEO Mark Zuckerberg to demonstrate
On September 21st, 2022, the Federal Reserve Board will determine the next hike. Economist Peter Schiff is sounding the alarm about imminent hyperinflation. Elon Musk, CEO of Tesla and SpaceX, has issued a grave warning for the American economy. Musk claims that deflation will occur if the Federal Reserve raises
Bolt, meantime, has issued a statement promising to maintain its collaboration with Wyre. Wyre will continue to support Bolt in developing its crypto ecosystem. On Friday, US-based payments firm Bolt Financial Inc. said it was canceling its $1.5 billion acquisition deal with Wyre Payment Inc. The cryptocurrency market decline coincides
Mercurio first worked for Citigroup from 2001 to 2005. Mercurio will be taking over the CEO position beginning on Monday (September 12). Blockchain Australia, an organization that represents Australian crypto firms and people, has named Laura Mercurio as its new chief executive officer. Past employers include BlackRock, Deutsche Bank, and
GameFi platforms represent a powerful confluence of cryptocurrencies, non-fungible tokens (NFTs), and the play-to-earn (P2E) gaming model. Outside of creating fun games, the integration of easy and flexible payment platforms for players is a must. Yeeha Games, Bybit’s $50 million-funded GameFi platform, integrated Cabital Web3 on-and-off ramp platform to provide
Seven different mayors were honored with NFT for their efforts. Fumio Kishida, the prime minister of Japan, was also present at the event. The Japanese government is rewarding local authorities that have shown exceptional progress in the use of digital technology to address local concerns and advance the digital economy,
Terra (LUNA), with a gain of 209.48%, is the top gainer. The top 5 gainers have seen their prices rise today. The top 5 cryptocurrencies of the day are Terra (LUNA), Ravencoin (RVN), STEPN (GMT), yearn. finance (YFI) and Stellar (XLM). Terra (LUNA) Terra, a blockchain ecosystem founded by Terraform
In January of this year, DefiLlama reported that DeFi TVL had reached $250 billion. Despite the decrease in TVL, August saw a 3.7% increase in activity based on DeFi. Current findings from DappRadar indicate a 10.47% decrease in the total value locked (TVL) throughout the DeFi ecosystem in August. At
A prospectus for MicroStrategy was filed with the SEC on Friday. The company has contracted investment bank Cowen & Co to sell $500M stocks. MicroStrategy (MSTR), a publicly listed software firm, now has over 129,000 BTC in its reserves, making it the biggest corporate holder of Bitcoin. One month after
Cardano’s new version of the Daedalus wallet would remove older Daedalus executables. Cardano (ADA) has price surged by more than 19% in 14 days. The eighth-largest cryptocurrency Cardano (ADA) community released the most recent version of the Daedalus wallet with significant updates. The Cardano community keeps releasing development updates to
