Multinational investment bank JP Morgan's Onyx platform launched a lounge in the metaverse, based on the blockchain-powered virtual world Decentraland. The platform has its native utility token MANA, which at the moment trades at around $3.3. Users can buy virtual lands, and items using crypto...
Digital asset manager DARMA Capital announced the launch of Filecoin Asset Use Swap, the first of its kind swap based on Filecoin. DARMA Capital has secured product approval from the CFTC. A financial instrument involves the exchange over a certain period by two parties of cash flows generated by...
The US Securities and Exchange Commission (SEC) has requested public comment on Grayscale Investments' spot bitcoin ETF. Intelligence analyst Eric Balciunas, 95% support the launch of a financial instrument. In October 2021, the founder and CEO of Digital Currency Group, the parent company of...
Before investing in Bitcoin, Ethereum, or any other cryptocurrency, consider if you want to be a casual investor (which is OK!) or a serious investment. You've probably heard tales about celebrities like Elon Musk and Mark Cuban allegedly profiting off Bitcoin. You've seen advertisements for...
Texas Attorney General Ken Paxton has filed a civil lawsuit against Meta for collecting biometric data from millions of Texans without their informed consent. Paxton said Facebook's facial recognition system ignored state laws that prohibit the collection and sharing of Texans' biometric...
Finder.com, a fintech company that provides data for comparison, published Ether price analytics and prediction. According to the company, the Ether price will hit $6,500 by the end of 2022. By 2025, it would hit $10,810. The prediction is based on a survey that took place on 6-17 January, 2022. 28...
The NFT platform Cent has suspended trading. The reasons for this decision were the sale of copied and fake NFTs from users who do not have the rights to tokenized content. The head of the marketplace Cameron Hijazi called it a "fundamental problem" in the booming digital asset...
The CEO of financial company SoFi, Anthony Noto said that his family holds crypto and that it would be a mistake for enterprises to ignore blockchain technology despite the risks of that digital assets present. In a CNBC interview, Noto mentioned that the crypto industry is still at its early stage...
The largest bank in Singapore, DBS Bank, intends to open a digital asset trading platform focused on individual investors by the end of 2022. This was stated by its CEO Piyush Gupta at a conference with analysts. The top manager said that in the implementation of the DBS Bank initiative, “a huge...
Intel recently officially announced its intention to contribute to the development of distributed ledger technology by presenting its development in the form of an accelerator for mining devices. Raja Koduri, vice president of the Computing and Graphics Department, announced this. In his statement,...
Hashrate of the Bitcoin network hit a new all-time high of 248.11 exahashes on February 12. Hashrate indicates the total computational power that the network of computers, miners use to produce new blocks. This way, miners secure the network. A higher hashrate means higher security....
At the end of last week, ether (ETH) again fell in price following bitcoin. BTC fell below $43,000, and the leading altcoin pulled back below $3,000. On the night of Monday, February 14, ETH is trading at $2,880. Network activity on Ethereum has been weakening over the past few days. According to...
Leading crypto exchange Coinbase released an ad amid SuperBowl in terms of the marketing campaign "Less talk, more Bitcoin." The platform offered to sign up and get $15 in free Bitcoin by February 15 and win $3 M in prizes. It appeared later that the ad was too popular, it knocked out the...
Private cryptos pose a “huge threat” to macroeconomic and financial stability, and investors should be aware of all the risks. That was stated by the head of the Reserve Bank of India (RBI) Shaktikanta Das. In his opinion, private digital assets could undermine the RBI's ability to maintain...
Former US stockbroker, broadcaster, filmmaker, crypto investor, and the host of the program Keiser Report, Max Keiser supports El Salvador's Bitcoin policy. In an interview with Diario El Salvador, he said that El Salvador's making Bitcoin a legal tender offers a hopeful outlook for all economic...
Cryptocurrency company Ripple, which includes a payment system and many other platforms, recently shared its vision for the near future of the digital space. The company's management is confident that in 2022 the number of participants in the digital asset market will rapidly increase. In addition,...
Major streaming service and production company Netflix revealed that it had ordered a doc series about the couple, who allegedly attempted to withdraw funds from one of the largest crypto hacks. The hack happened in 2016 when hackers managed to exploit the crypto exchange Bitfinex and seize about...
György Matolcsy, the governor of the Hungarian National Bank (Magyar Nemzeti Bank in Hungarian) said at a press conference that it's time for the European Union to act upon crypto, and ban crypto trading and mining activities. Last year, the government of China announced all crypto activities as...
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