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The secured fund, according to reports, would be used for creating data analytics, user-friendly crypto infrastructures, and financing solutions.
Despite the layoffs, the company will not take its eyes off its core goals which are to build a sustainable and “build a foundational layer for new, peer-to-peer economies.”
Due to its explosive popularity in less than two years, a VMR report predicts that the NFT market will swell to over $231 billion by 2030.
Uniswap (UNI) is the latest among the list of cryptocurrencies that Robinhood has been offering support over the last few months.
The bankruptcy document submitted by Celsius shows a massive $1.2 billion debt on its balance sheet. Analysts explain why Celsius customers would never get their funds back.
BNB Chain says that DappBay, its recently-launched dApp hub, will improve the overall security impression of users across its ecosystem.
Despite that NFTs are not banned in China, stringent government policies have made it practically impossible, even for NFT businesses to thrive there.
Voyager Digital is the latest crypto firm to experience a short squeeze with VGX tokens surging despite Voyager’s bankruptcy filing.
The newly launched is not even offering gaming NFTs yet, which will reportedly be the marketplace’s planned core offering.
It is the first initiative of this kind for OVER that has managed to win the support of one of the most prominent crypto exchanges in the global market.
Crypto market turned volatile following the US CPI inflation data on Wednesday. Owing to four-decade high inflation the Fed is likely to initiate aggressive QT measures which can force investors to move away from risk-ON assets like crypto.
After bagging the VARA license, OKX will be looking to create a global crypto-asset hub in the city of Dubai.
According to the UN, the threats posed by cryptocurrencies overweight their advantages, and the use of cryptos may result in financial instability risks and bring more opportunities for illicit financial activities.
All indicators point to Disney’s vested interest in NFTs and Web3. The choice of companies also serves to underline this fact.
Chamath Palihapitiya spoke on Bitcoin and crypto issues, including inadequate regulation, off-chain transactions and high-risk staking.