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Search Results for: Ethereum

Bitcoin (BTC) Prices Likely To Consolidate Before Next Move

ETH’s price has risen by almost 70% in the previous month. A record high of $24,650 was reached for BTC on Saturday, the highest since June. After bouncing back from its most catastrophic loss in recent memory, the global crypto market fell by roughly 1.12% on Monday. Prices of Bitcoin

August 1, 2022 2 mins read

New Stablecoin ‘GHO’ Proposal Approved by AAVE DAO

An overwhelming majority of 1,793 people voted in favor of the measure. From the 28th of July 2022 until the 31st of July 2022, a voting window was open. The AAVE DAO approves AAVE’s plan to create the algorithmic stablecoin GHO. Aave Companies, the company behind AAVE, presented a request

July 31, 2022 2 mins read

Vitalik Buterin Takes a Dig at Current Metaverse Development Firms

The co-founder of Ethereum, Vitalik Buterin, has indicated he doubts the success of any “existing corporate attempts” to build a Metaverse. According to Vitalik Buterin, any companies attempting to develop the Metaverse at this time will fail. The "metaverse" is going to happen but I don't think any of the

July 31, 2022 2 mins read

ApeCoin DAO Community Votes to Fund Bored Ape News Website

The plan, known as AIP-70, received a resounding approval. There have only been 52,400 total visitors to The Bored Ape Gazette. The ApeCoin DAO’s treasury has given a boost to a Bored Ape-focused news organization, despite the NFT market slowing down. Decentralized ApeCoin DAO, which utilizes ApeCoin as its governance

July 31, 2022 1 min read

U.S Senator Questions Apple and Google Over Crypto App Frauds

More than 240 individuals have been robbed of $42.7 million due to fraud programs. The victims of these illicit acts were addressed by U.S. government authorities. Apple and Google were questioned by a member of the U.S. Senate after a warning from the Federal Bureau of Investigation (FBI). The chairman

July 30, 2022 2 mins read

Polygon and Mercedes-Benz to Introduce a New Data Exchange Platform

The new Acentrik platform will allow users to buy and trade various types of data. Each Acentrik dataset is represented by an NFT, which contains a metadata hash. The parent company of Mercedes Benz, the Daimler Group, has recently revealed that the company’s South East Asia division will release its

July 29, 2022 2 mins read

Top 5 Gainers From the Previous Week

The crypto market is now entering a bullish market. The top 5 gainers from the past 7 days are OP, ETC, BTG, RVN, and QTUM. These are the top 5 gainers from the previous week, according to Coin Market cap with a total market cap of $1.10T, which rose 4.85

July 29, 2022 2 mins read

Prominent Game Studio Immutable Lays Off 6% of its Personnel

A value of $2.5 billion was put out by Immutable after a $200 million round of funding. TikTok and GameStop have just developed an NFT marketplace using Immutable X. Due to the effects of the prolonged crypto winter, several crypto firms have laid off employees and the recent one is

July 29, 2022 2 mins read

Zipmex Files For Bankruptcy After Halting Withdrawals Last Week

Applications for moratoriums were filed in Singapore on July 22 by the firm. On July 20, Zipmex temporarily halted all trading and withdrawals on its exchange. According to a corporate update released on Wednesday, Zipmex, a cryptocurrency exchange located in Thailand, has filed for bankruptcy protection against creditors’ legal action.

July 29, 2022 2 mins read

Binance Launches NFT Ticketing Solutions With S.S Lazio

Cryptocurrency exchange Binance is testing its non-fungible token (NFT) ticketing solution with football club Societa Sportiva Lazio for the 2022 to 2023 season in response to the mayhem created by counterfeit UEFA Champions League tickets. A statement from Binance said that NFT tickets would eliminate ticket scalping and counterfeiting, which

July 29, 2022 2 mins read