Animoca Brands has scaled down its initial goal of $2 billion and will instead raise $1 billion for its metaverse investment fund in the first quarter of this year. Chairman Yat Siu of Animoca Brands told Bloomberg in a Twitter Spaces conversation: “We had initially looked at a target of
Financial services company Cowen’s analysts lowered their rating on cryptocurrency exchange Coinbase on Thursday. Following FTX’s demise and the general fall in trading volumes in the cryptocurrency market. Crypto firms are under closer scrutiny than ever. The price of COIN dropped by 8.89% at the time of writing, and it
The downfall of the FTX led to suffering in the entire crypto market, and the red candle march. The global crypto market has fallen from trillions to billions and it is still trying to recover from the down. At the time of writing, the global market cap is $805.83B and
LONDON–(BUSINESS WIRE)–$CGG #confidentialcomputing–Following the recent FTX debacle, The Decentralized Think Tank released an industry update on the topic of cyber security for crypto exchanges. The report explores the importance of confidential computing in securing the future of crypto exchanges, alongside naming a number of emerging leaders in the field, including:
To prevent a devaluation of the bolivar, the Venezuelan government plans to monitor P2P cryptocurrency transactions. On December 20th, Venezuela’s banking watchdog Sudeban said that, with the support of Sunacrip, the country’s cryptocurrency regulator, it is developing a system to monitor financial transactions in real-time. While specifics were lacking. The
Ethereum was created on July 30, 2015, and it is the second-largest cryptocurrency. Since its inception, the price of Ethereum (ETH) has fluctuated between highs and lows, and it is the home of smart contracts and decentralized applications (dApps), contributing to a large portion of the total value locked in
Binance has gone a long way since its launch in 2017. By weathering the storm of the bear market and other turbulence, Binance has shown itself to be among the most durable of the bunch. The whole cryptocurrency industry had a rough 2022. The industry has seen it all, from
Despite the bleak crypto market environment and the collapse of FTX, the government of Japan has agreed to make listings by cryptocurrency exchange in the nation simpler. Japan is relaxing its strict crypto laws even as the ripple effects of FTX’s downfall are still being felt across the industry and
DUBLIN–(BUSINESS WIRE)–The “North America Blockchain and Cryptocurrency Market 2022” report has been added to ResearchAndMarkets.com’s offering. This publication summarizes the trends and developments within the market. The publication also reveals that the number of adults owning and using cryptocurrency in the U.S., is forecasted to double by 2023. Cryptocurrency is
As a result of the ongoing liquidity situation at Genesis Global, which is a cryptocurrency lender, Gemini Trust Co. has become a scapegoat. Investors have filed a lawsuit against Gemini’s co-founders Tyler and Cameron Winklevoss. Alleging that they were offered interest-bearing accounts by the cryptocurrency exchange that were not properly
