Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
What’s interesting is that the deal comes at a time when there is a market downturn.
The traditional finance legislation is getting stricter, with swift measures to clamp down on crypto intermediaries serving Russian customers.
Crypto as an asset class has lost more than $2 trillion since its peak in November 2021.
Recently, BIB Holding Group has announced the launch of its Metaverse project – BIB Meta, a brand new Web3/Crypto metaverse ecosystem, where users can invest, entertain, network, learn, and play with immersive details.
With more than 48 projects onboard, Polygon is still looking forward to accommodating more.
Celsius has hired Kirkland & Ellis for the restructuring process. Sources said that Celsius is not willing to file for bankruptcy as per the wish of its retail clients.
Yam Finance noticed and stopped a governance attack that would have seen the platform lose control of its treasury if successful.
Many other cryptocurrencies like ETH and DOT still have a lot of supply left to enter the market.
The rapid development of blockchain with all supporting ecosystems continues to give birth to various innovations, ranging from Decentralized Finance (DeFi), Non-Fungible Token (NFT), Metaverse, and now comes the game with the Play-to-Earn (P2E) concept.
Buyers sometimes develop cold feet right after getting what they want. But Musk says his decision to back out of the Twitter deal is due to too many unanswered questions.