Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Among other things, Bluesky has explained that Elon Musk taking over Twitter does not affect its operation or independence.
Reddit co-founder Alexis Ohanian has invested $10 million in PROOF through his VC firm Seven Seven Six. PROOF has clocked major success with the launch of the Moonbird NFTs which have created a major buzz.
In March 2022, the US Labor Department expressed serious concerns about the involvement of cryptos in retirement plans.
While announcing the 2022 Q1 result, UBS stated the factors that caused uncertainties during the quarter.
There are also speculations that the shaky start of Truth social may encourage President Trump to stick with Twitter for some time more.
Gem aggregator will continue functioning independently from OpenSea as a separate product and brand. However, OpenSea will employ the key Gem features to make buying NFTs seamless and delightful.
Reddit said that it will continue to fund projects from its Community Funds Program that bring new ideas to the market. It will further evaluate projects based on three major factors: “creativity, feasibility, and community impact”.
The stolen items included four Bored Apes worth over $420,000 per each, six Mutant Apes, and three Bored Ape Kennel Club NFTs (the latter two are official derivative projects).
Dogecoin price benefited largely from the Elon Musk Twitter takeover, as the billionaire now looks to take company private.
The spot trading volumes on crypto exchange Binance are nearly four times that of its immediate competitors. In March 2022, the Binance spot trading volumes jumped 30% over the previous month.
Meta explained that the Meta Store has an interactive Quest 2 display wall.
About a week ago, Musk submitted a filing with the SEC that shows that the Tesla CEO has secured $46.5 billion in debt and equity financing to support a potential Twitter takeover bid.
Coca-Cola released its Q1 2022 results which surpassed analysts’ expectations despite the pandemic and suspending operations in Russia.
Despite these obvious negative contributions, some mining companies, though using coal to power their crypto mining operations, are helping the environment in a mutually beneficial setting.
Roche posted good numbers for Q1 2022 and expects a stable outlook for the rest of the year despite waning Covid medicine sales.