Over recent months, the world’s first and top cryptocurrency, Bitcoin (BTC) is facing its hard time resulting in a massive price fall. The BTC crash will affect the entire global crypto market reflecting a red signal. Under a clear observation, the price of BTC is continuing to plunge performing a
The skeptical crowd will sweep in to Web3 through Polygon’s zkEVM inaugural. Explicit and mathematical assurance of the zk provides security of transactions. Mihalio Bjelic, co-founder of Polygon discussed a few developments in the polygon zkEVM and the effect on the network post Ethereum-merge. The conversation was carried out during
The marketplace currently supports six other networks, including Ethereum. The platform offers creators a 10% cut of any sales made of their works. On Tuesday, NFT marketplace OpenSea made the announcement that it will now support projects based on Ethereum’s layer-2 scaling solution Optimism. Further, the marketplace currently supports six
The round was spearheaded by the bitcoin-focused investing group Ten31. The funds will be used to branch out and form new alliances. According to a press release, Strike, a major payment provider for the Bitcoin Lightning Network has secured $80 million in a series B fundraising round spearheaded by the
The DeFi space was one of the main areas of growth as per Avalanche Labs. AVAX’s NFT volume has also increased in the last month. Avalanche Labs tweeted on September 27th about its latest collaboration with Chainlink [LINK]. Chainlink, according to the post, aided AVAX’s growth in the NFT, GameFI,
Space and Time to support the growth of businesses through smart contract technology. The funds will be utilized to speed up engineering and product development. Space and Time, the decentralized data platform has recently announced that it has acquired $20 million in strategic funding from marquee investors led by Microsoft’s
She discussed the crypto ecosystem, stressing the need of backing CBDCs. Central bankers are missing a chance if they do not accept CBDCs. Central bankers are becoming jittery as the use cases for cryptocurrencies and other blockchain-based currencies expand. Digital assets are very volatile and risky, yet traditional institutional investors
The company has been granted authorization to sell Bitcoin it has mined. Celsius Network was silent for weeks before filing for bankruptcy. The CEO of the defunct crypto lender Celsius Network, Alex Mashinsky, has resigned, as reported by a New York law firm in a news release published on Tuesday.
It will help Japan to reduce crypto-related money laundering. These grants authorities the power to make information requests to exchanges. Japan has decided to revise an existing regulation on money laundering in an effort to reduce the prevalence of crypto money laundering. The worldwide threat of cryptocurrency money laundering and
Nubank has almost 1.8 million users after only a few months of existence. Nubank grew to become Brazil’s fifth largest financial institution this year. Nubank, a Brazilian digital bank, said in a press release on Monday that it had over 70 million users. Of particular note is that more than
