News and Articles by Diana

Asset manager BlackRock plans to become Circle's primary reserve manager and is also considering expanding into the cryptocurrency market. This was during a teleconference, said the head of the investment giant Larry Fink. In April, BlackRock participated in a $400 million funding round behind the...

Meta intends to charge a 47.5% commission on sales of digital goods in the Horizon Worlds metaverse. The reward structure includes a 30% fee towards the Meta Quest Store for VR headsets and a 17.5% fee for Horizon Worlds. On April 11, the corporation announced that it had opened the ability for...

The team behind the Nomad cross-chain bridge closed a $22 million seed funding round at a $225 million valuation led by Polychain Capital. Funding was also provided by 1kx, Ethereal, Hack VC, Circle Ventures, Amber, Archetype, Lattice, A&T Capital, Hypersphere, Dialectic, Breyer Capital,...

The so-called "whistleblower" Facebook Francis Haugen gave an interview to the popular publication Politico. In a conversation with reporters, a former employee of the social network expressed concern about Meta's inclusion in the metaverse. Haugen became famous all over the world when,...

NFT avatar-focused project Genies closed a $150M funding round led by Silver Lake. Investors valued the firm at $1 billion. Genies provides users with the ability to create virtual avatars. The latter can be used in the metaverses along with various items in the form of non-fungible tokens. The...

The fall of bitcoin to its lowest levels since mid-March provoked another large-scale position in the futures market. Liquidations amounted to just over $430 million in the last 24 hours. The exchange cancels the trader's position in case of partial or complete loss of his initial margin....

In April 2022, the capitalization of bitcoin decreased by about 13% to $762.989 billion. The BTC rate on Tuesday, April 12, fell below $40,000 for the first time since March 16. The coin quickly bounced back, and already during the European session, it bounced to $40,179. Ether (ETH) and Binance...

According to Arthur Hayes, co-founder of the BitMEX crypto exchange, Bitcoin is in danger of falling to $30,000 already in the current cycle. An industry representative commented on the current position of the cryptocurrency and noted that along with BTC, the fall of most altcoins is inevitable....

The largest US cryptocurrency exchange, Coinbase, which recently launched its trading platform in India, has reported pressure from local regulators. Against the background of the resulting conflict, Coinbase announced that the provision of certain payment services is going to be suspended. As of...

EcoTerra proposes an environmental conservation movement by financial strategies through blockchain technology because of the powerful effects of climate change. They are launching a product that uses blockchain technology to help raise funds and make the fight against climate change transparent....

Popular digital asset trading platform Kraken has officially announced the closure of its San Francisco headquarters. The CEO of the exchange, Jesse Powell, wrote about this on his Twitter account. Among the main reasons that served as such a radical decision is the fear of Kraken management for...

Algorithmic stablecoin platform Frax Finance plans to purchase "billions of dollars worth" of tokens to create a reserve fund for the FRAX algorithmic stablecoin. The founder of the project, Sam Kazemyan, told The Block about this. The FRAX stablecoin is backed by the native token of the...

US President Joe Biden signed a decree on the need to regulate the cryptocurrency market. This document will become a milestone and will stimulate the development of the blockchain industry, says Michael Saylor, CEO of MicroStrategy. He attended the Miami Bitcoin Conference, which brought together...

Twitter Founder Jack Dorsey's first tweet in the form of an NFT was posted on OpenSea for 14,969 ETH. Its owner, Bridge Oracle founder Sina Estavi, intends to donate at least $25 million to charity if sold. Estavi can earn at least 1555%. At the time of writing, no users have applied to purchase....

Cryptocurrencies are undeniably gaining mainstream acceptance and adoption world wide. Traders of various experience levels are starting to enter the market. Crypto acceptance is certainly increasing, as various new projects and coins enter the market on a regular basis. Nevertheless, the number of...

The OpenSea marketplace has integrated support for Solana NFTs released on the blockchain in beta mode with “limited collection coverage.” At the end of March, the team promised to start the process with Nyan Heroes and Turtles. Currently, OpenSea supports 865,000 tokens from 165 NFT...

In April 2021, the Bank of Sweden announced the completion of the first phase of testing the digital version of the krona. In a statement, the regulator noted that technical problems arose during the tests, but in general, they were successful. Last Wednesday, the central bank of this northern...

The Georgian authorities have been refusing to recognize cryptocurrencies as a payment instrument over the past few years. Back in mid-2019, a law on the taxation of miners and traders began to operate in the country. At the same time, plans appeared to create an infrastructure in Georgia for...