Tag: cointelegraph

Oct 21
Metaverse trading volume plummeted 80% but hype hasn’t decreased

Third-quarter trading volume for the top 10 metaverse projects may have fallen 80% compared to the second quarter, but analytics firm DappRadar suggests that interest in virtual worlds still remains. The metaverse sector has been hit with a fair amount of negative press as of late, particularly around suggested low user activity across certain platforms, […]

Oct 21
‘Well worth the fight’ — Ripple counsel confirms Hinman docs are in their hands

The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse. 536 Total views 3 Total shares San Francisco-based fintech firm Ripple has inched closer to victory in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). On Oct. 21, Ripple General Counsel Stuart Alderoty confirmed on Twitter […]

Oct 21
Metaverse casino served emergency cease and desist to halt NFT sales

A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities. Over two NFT collections offered by metaverse casino Slotie, the tokens are said to offer access to the metaverse casino, staking rewards, revenue […]

Oct 20
Bitcoin faces tough daily resistance as BTC price matches UK pound volatility

Fiat currency moves increasingly give BTC a run for its money as the largest cryptocurrency stays almost motionless. 551 Total views 15 Total shares Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin range “congested and critical” Data […]

Oct 20
Kraken crypto exchange is next to close doors to Russian users

Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union. On Oct. 19, Kraken sent out email statements to its Russian clients to announce that the exchange is halting services to its Russian customers. “Due to the new European legislation, we have […]

Oct 20
Mobile bank N26 launches cryptocurrency trading with Bitpanda partnership

N26 Crypto is already available for Austrian customers and is planned to be rolled out in other key markets. 1099 Total views 21 Total shares The $9 billion-valuated German fintech N26 launched crypto trading on its mobile app. Starting from Austria and rolling out to other countries in the upcoming months, N26 Crypto will let […]

Oct 20
Will museums of the future just be giant NFT galleries?

NFTs have transformed the art world to make masterpieces more accessible to admirers. However, with the tokenization of entire collections comes questions about the future of ownership in museums. 708 Total views 11 Total shares Museums, individuals and metaverse initiatives have used nonfungible tokens (NFTs) as a new means for reinventing themselves before their fans. The family […]

Oct 20
4,400 disgruntled investors are hunting for Terra’s Do Kwon

A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. 2297 Total views 40 Total shares Members of a 4,400-strong Discord group called the UST Restitution Group (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon. Members of […]

Oct 20
Twitter user saves cross-chain bridge from potential exploit

The BitBTC bridge reportedly had a bug that would essentially allow an attacker to mint fake tokens on one side of the bridge and swap them for real ones on the other. 949 Total views 16 Total shares A cross-chain bridge between BitBTC and the Ethereum layer-2 network Optimism has been able to avoid a […]

Oct 20
‘Secretly circulating’ draft crypto bill could be a ‘boon’ to DeFi

A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online, with one commentator saying the U.S. is “finally getting their act together.” 1188 Total views 31 Total shares A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started to circulate online, with some […]