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Search Results for: Cryptocurrency

Crypto Advocate Novogratz Withdraws His Prediction on Bitcoin

Billionaire Mike Novogratz, one of the cryptocurrency advocates, is now included in the catastrophic collapse scenario. Novogratz pulled off his previous prediction that Bitcoin (BTC) will reach $500,000 in five years, blaming the Federal Reserve interest rate hike. The Galaxy Digitals CEO stated that Bitcoin will reach the $500K level,

December 2, 2022 1 min read

Magic Eden Introduces OCP Tool to Mandate NFT Creator Royalties

There is a potential danger to creator royalties in the NFT arena. Particularly on Solana, where almost all major markets have ceased mandating that traders pay the costs. Magic Eden, the most popular Solana marketplace, has recently taken action toward establishing a more stable method to enforce creator royalties. The

December 2, 2022 2 mins read

Russia’s Sber Bank Adds MetaMask Crypto Wallet Support

Sber, Russia’s biggest bank, now supports the MetaMask cryptocurrency wallet. In a drive toward DeFi and Web3, the bank has stated that blockchain technology has been integrated. Integration with the Ethereum ecosystem is shown through the advancement. The data also pointed to the untapped potential for its proprietary blockchain. This

December 2, 2022 1 min read

Binance Burns 6.39 Billion LUNC Tokens in Monthly Burn Cycle

Binance, the biggest cryptocurrency exchange in the world, has completed the sixth batch of the LUNC burn mechanism, burning nearly 6 billion Terra Classic (LUNC) tokens. With its most recent burn, Binance has now burned about 20 billion LUNC tokens from trading fees on LUNC spot and margin trading pairings.

December 2, 2022 1 min read

Coinbase Claims Apple Suspended the Crypto Wallet App

Coinbase Global Inc announced on Thursday that users of Apple Inc iOS are no longer able to transmit non-fungible tokens (NFTs) to their cryptocurrency exchange wallets. Furthermore, coinbase states in a tweet that Apple has block the latest recent app release until the feature is disable. You might have noticed

December 2, 2022 2 mins read

FTX Founder SBF Unaware of Illicit Use of Customer Funds?

The notorious founder of the bankruptcy cryptocurrency exchange FTX, Sam Bankman-Fried, denied committing fraud while admitting significant managerial faults. At the same time, SBF claimed that he was unaware of any wrong transactions that includes funds from FTX and his trading company Alameda Research. Mystery surrounds the disappeared billions, which

December 2, 2022 1 min read

OceanTech Acquisitions I Corp. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination

NEW YORK–(BUSINESS WIRE)–On November 29, 2022, OceanTech Acquisitions I Corp. (the “Company” or “OceanTech”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, announced that its stockholders have approved an extension of the date by which the Company must consummate a business combination from December 2, 2022 to June 2, 2023 (or

December 2, 2022 9 mins read

DappRadar: Blockchain Gaming Engagement Barely Effected by FTX Crypto Storm

According to a report published today by DappRadar, the global dapp store, the blockchain gaming sector demonstrated remarkable resilience all through the month of November, despite negative force on the wider crypto industry due to the shutdown of the once-popular FTX cryptocurrency exchange. Nearly Half of All Blockchain Activity May

December 1, 2022 3 mins read

Dibbs Releases NFT Sentiment Report; 84 Percent of Respondents Would Purchase an NFT Backed by a Physical Item

Dibbs taps users of its blockchain-based collectibles marketplace to uncover first-of-its-kind insights on user sentiment toward NFT technology LOS ANGELES–(BUSINESS WIRE)–#NFT—Dibbs, the world’s onramp to Web3, today released findings from the industry’s first NFT Sentiment Report, which surveyed hundreds of NFT adopters to understand consumer sentiment around NFTs today and

December 1, 2022 3 mins read