Metaverse Tokens are Making Whopping Gains Despite Bear Market
If there is one category of tokens that feels like it is on top of the world, it is the metaverse one.
Accredited Singaporean investors may qualify for recognition of cryptocurrencies when evaluating assets
Singapore-based private exchange ADDX plans to recognise cryptocurrencies owned by accredited investors. This decision makes the platform the only financial institution in the country that works with digital assets.
“Bug fixed”: Solana developers announced fixing a bug that caused the network collapse
The developers called the function of constant one-time transactions the main problem resulting in failure.
Problems of bitcoin implementation. El Salvador survey
A survey conducted by the Institute of Public Opinion of the José Simeón Cañas Central American University says that 7 out of 10 residents of El Salvador cannot confirm that their financial level has improved as a result of bitcoin reform.
Solana x Jump Hacker Houses European tour
On June 14, 2022, the Solana Foundation will launch the Solana x Jump Hacker Houses legendary events European tour. Solana developers from all over the continent will be able to participate in it.
Gold Coast will consider the possibility of using cryptocurrencies by taxpayers
The fall of the cryptocurrency market, observed over the past six months, does not frighten Australian officials. Gold Coast Mayor Tom Tate suggests exploring the possibility of using digital currencies to pay taxes in the future.
South Korean authorities launched a public tender for the creation of a metaverse
The South Korean government intends to sponsor companies that develop content for the metaverse.
How investors reacted to the satirical videos of the US SEC
The US Securities and Exchange Commission videos stirred up social media. On May 31, 2022, the SEC launched a social campaign on investment in the format of game shows. However, investors reacted quite aggressively to the rhetoric of the government agency, as evidenced by numerous negative and sarcastic comments on social media.
SHIBA and John Richmond collaboration
The Italian designer brand John Richmond, known for its innovative and rocker views on fashion, is deepening its collaboration with SHIBA INU.
A Ukrainian company opened real estate sales in cryptocurrency
The Ukrainian development company DIM announced that it is starting to accept cryptocurrencies as the payment method for real estate purchased from them. DIM calls it a precedent for the Ukrainian market.
Experts predict an upcoming “bullish” trend for bitcoin
Since Bitcoin sank heavily in May and its price dropped to $30,000, many market analysts began to make statements about the “crypto winter” and speak negatively about volatility. However, some experts note a positive outlook for the growth of the coin.
Binance Accused of Becoming a Hotbed of Crime
A new investigation by Reuters bodes trouble for the world’s largest cryptocurrency exchange Binance. According to journalists, for five years it served what it describes as “a conduit for the laundering of at least $2.35 billion in illicit funds.”
Ukraines crypto aid: Volodymyr Nosov (WhiteBIT) and Dmytro Kuleba
During a video call, Volodymyr Nosov, the CEO of the crypto exchange WhiteBIT and the Minister of Foreign Affairs of Ukraine Dmytro Kuleba discussed the development of the blockchain and the role of the crypto community in the governmental processes of Ukraine.
U.S. Whistleblower Backs the Nym Privacy Coin
Chelsea Manning, a famous American whistleblower previously known as Bradley Manning, is becoming an influential figure in the crypto domain.
Bitcoin’s first green week in 63 days
Bitcoin terminated the worst period in its history: after a record 9-week fall, the world’s leading cryptocurrency was finally able to close 7-day trading better than it opened.
Private investors lost over $1 billion in crypto scams since 2021
The US Federal Trade Commission (FTC) has presented its report on how much investors’ money has been carried away by the creators of cryptocurrency scam projects in less than two years.
Diamonds in the form of tokens: the Central African Republic will “digitize” its natural resources to attract investors
The CAR plans to become a digital leader in Africa and, according to the government, will tokenize its natural resources.
KenGen offers mining companies to work in Kenya on geothermal energy
Miners who have faced severe pressure in the US, China, and Eastern Europe may soon begin to flock to the African continent massively.
Goldman Sachs: the popularity of cryptocurrencies in the insurance market is growing
Digital currencies are becoming attractive to US investors. In particular, representatives of the insurance market are beginning to give preference to them more actively.
The New York Senate bans cryptocurrency mining using carbon-based fuel
The New York Senate approved a moratorium on cryptocurrency mining using carbon fuel. Now the relevant bill will be sent to the state governor Kathy Hochul for a final decision on the widely discussed issue.
Gucci Makes a Foray into the Metaverse
The Italian luxury house Gucci joins the non-fungible token (NFT) club, partnering with 10KTF to create its own virtual world and welcome everyone to Gucci Town. It features “New Tokyo”, fashion accessories for NFT owners to purchase with profile pics, and a fictional character Wagmi-San.
FTX vs. Coinbase: FTX won in bitcoin trading volume in May
In May this year, FTX managed to overtake its main competitor Coinbase in terms of bitcoin trading volume.
Bitcoin is Here to Stay, says Wall Street Big Shot
While the market continues to underperform, Dawn Fitzpatrick, chief executive and chief investment officer of the Soros Fund Management, says cryptocurrency is here to stay, emphasizing that it has already gone mainstream.
Gemini will dismiss 10% of employees due to the crypto winter
Cryptocurrency company Gemini of the Winklevoss brothers announced a “difficult decision” to fire 10% of its employees.
US miners will cooperate with Oman’s energy companies
Given that the “persecution” of mining on the PoW algorithm has intensified in the US and Europe, the energy company Crusoe Energy, which is also involved in mining, decided to cooperate with Oman’s representatives.
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Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.