Search Results for: crypto market

Metaverse Business Analysis Report 2022: Creating Value in the Alternative Digital World – Find New Opportunities for Collaboration, Asset Ownership, Entertainment, and Social Networking – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Metaverse Meets Business – Creating Value in the Alternative Digital World” report has been added to ResearchAndMarkets.com’s offering. The metaverse is a virtual or digital realm in which people can interact with one another. It combines technologies such as virtual reality (VR), mixed reality (MR), augmented reality (AR),

November 25, 2022 3 mins read

Binance Allotted $1 Billion Again for Crypto Recovery Funds

Binance contributed another $1 billion to industry recovery initiatives on November 24. And the fund was raised to the tune of $2 billion to protect the crypto firms’ recovery. Furthermore, Binance CEO Changpeng Zhao “CZ” indicated that all funds are in BUSD. Yesterday, #Binance allocated ANOTHER $1 billion to the

November 25, 2022 1 min read

Crypto Crashes in Loop: From Terra, Celsius to FTX Collapse

The casualties of the FTX collapse are not seemingly slowing down. Evidently, the bankrupted crypto exchange’s fall caused the global crypto market cap to plunge to $780 billion on Monday. Popularly, November 2021 turned out to be the crypto summer when the crypto market cap rose to $3 trillion. Notably,

November 25, 2022 2 mins read

Indian Crypto Exchange CoinDCX Releases Proof of Reserve

Coinbase-backed cryptocurrency exchange CoinDCX collaborated with Nansen to provide proof-of-reserves on November 24. This coincided with a rise in the need for exchanges to disclose their business practices among crypto investors worldwide. The information offers an overview of CoinDCX’s overall financial position. Including its token and protocol distribution, asset value,

November 24, 2022 2 mins read

Russia Aims to Enable Cryptocurrency for International Payments

Implementation of “National Cryptocurrency Exchange” in Russia

Despite the critical condition of the crypto market, the adoption rates of the crypto industry is growing on a large scale. Even though the market is highly fluctuating, users are showing great interest in crypto space. Witnessing these positive outcomes, Russia is moving forward to launch a “National Cryptocurrency Exchange”

November 24, 2022 2 mins read

Shocking Fall In Cryptocurrency Prices Within a Year

The crypto scenario has turned upside in a year’s gap. Last autumn was 180 degrees opposite of this year’s autumn in the crypto world. Many of the cryptocurrencies attained their All Time High (ATH) during the month of November 2021. But now the same coins have slipped 50% below. CoinGecko

November 24, 2022 1 min read

Crypto Exchange OKX Releases Proof of Reserves For Gaining Trust

OKX, a cryptocurrency exchange, has made available a Proof of Reserves page, where customers may verify the sufficiency of the company’s funds. After the demise of FTX, crypto exchanges have been under more monitoring. OKX tweeted and updated its blog about the new page. Users may verify the exchange’s funds

November 24, 2022 2 mins read

Singapore Launches Probe Into Crypto Lending Platform Hodlnaut

The newest update is that Singaporean authorities are looking into allegations of fraud and deceit against cryptocurrency lender Hodlnaut Pte. The struggling crypto lender’s operations have been strained along with the rest of the market in this crypto winter. With the collapse of the Terra ecosystem earlier this year, Hodlnaut

November 24, 2022 2 mins read

Binance Remains Unaffected From the Crypto Crisis?

The adoption of cryptocurrency is spreading over the variant continents undoubtedly, but still, the position held by the fiat currencies is vital. It may take a few more years for crypto to be in everyday use. Prominent crypto firms like Binance, are acting as catalysts to speed up this process.

November 24, 2022 1 min read

Grand Theft Auto Fan Servers Banned From Using NFTs and Crypto

Popular games like Minecraft and Grand Theft Auto V have seen fan-driven efforts to include NFTs and crypto tokens alongside completely Web3-native games built around NFTs. In contrast, Microsoft took measures last summer to prevent Web3 features from appearing in Minecraft, and now Rockstar Games has done the same with

November 23, 2022 2 mins read