At a climate conference on Tuesday, billionaire Bill Gates dismissed cryptocurrency projects like Non-Fungible Tokens (NFTs) as shams “based on the greater fool theory,” reviving past criticisms of virtual assets. “Obviously, expensive digital images of monkeys are going to improve […]
Crypto and NFTs, According To Bill Gates, Are Based On The Greater Fool Theory Read More »
The latest jolt to cryptocurrency investors came on Tuesday, with bitcoin and ether plummeting to new 18-month lows following the halting of withdrawals by prominent crypto lending service Celsius Network. The action by Celsius sparked a decline in the value
Cryptocurrencies Fallen After Crypto Lending Firm, Celsius, Halt Withdrawals Read More »
To enter the Indian cryptocurrency industry, Bitay, a Turkish cryptocurrency exchange, has launched an office in Gurgaon. According to Financial Express, Niyazi Yilmaz, CEO of Bitay, stated that they want to comply with all Indian crypto regulations and laws thoroughly
Bitay, A Turkish Crypto Exchange, Intends To Enter The Indian Market Read More »
Cronos, a blockchain ecosystem created by significant crypto exchange Crypto.com, has announced the introduction of an accelerator program to accelerate breakthroughs in areas such as decentralized finance (DeFi), Web3, and Metaverse. The Cronos Accelerator Program, which is driving the effort,
$100M Cronos Accelerator Program Launched by Cronos to Enhance Ecosystem Building Read More »
According to Yuga Labs, the Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday, and the attacker made off with 200 ETH ($360,000) worth of NFTs. The project’s community manager, Boris Vagner, had his Discord account hacked. The
BAYC & OtherSide Discord Groups Were Hacked, Resulting in a Loss of At Least $260K Read More »
Southeast Asian consumer investing applications witnessed a significant financing surge last year, and if Pintu’s funding announcement today is any indication, that trend will continue. Intudo Ventures, Lightspeed, Northstar Group, and Pantera Capital have invested $113 million in the cryptocurrency-focused
Crypto Trading App of Indonesia, Pintu, Receives a $113 Million Series B Funding Read More »
As the crypto winter deepens, the world’s second-largest crypto exchange by trade volume, FTX, is expanding, while many others are feeling the squeeze. FTX just surpassed Coinbase as the second-largest cryptocurrency exchange. FTX stated on June 2 that it would
As Others Strengthen The Reins, FTX Launches In Japan Read More »
The State Revenue Committee (SRC), Armenia’s regulatory body in charge of tax and customs services, has written to the Central Bank of Armenia (CBA), requesting that the country’s crypto market be controlled. Rustam Badasyan, the chairman of the agency, expounded
Central Bank of Armenia to Regulate Cryptocurrency Read More »
After openly denouncing Non-Fungible Tokens (NFTs) a few months ago, Kanye West appears to be changing his stance. He might soon launch his own NFT line, according to 17 fresh trademark filings centered on his YEEZUS moniker. What had happened
Kanye West Filed Trademark Applications For NFT & Metaverse Read More »
Binance Labs, Binance’s venture capital and innovation incubator, has raised $500 million for its first start-up fund, which it plans to invest in Web3 ecosystem businesses. DST Global and Breyer Capital, two American venture capital firms, lead the multimillion-dollar fund.
Binance Labs to Focus on Web3 Companies; Introduces a $500 Million Fund Read More »
