TL;DR Breakdown HSBC has become the latest large business to enter the metaverse through a collaboration with The Sandbox. The bank is investing in a plot of land in The Sandbox’s metaverse. The banki...
News
Digital Asset Income Application Finblox Completes $3.9M Funding in Seed Round
On March 15, Hong Kong-based digital asset income application Finblox announced the completion of a $3.9 million seed round. The funds raised will be used to expand the staff of its engineering and pr...
Record SHIB burn worth 743 million takes place
SHIB burn totalling 743 million will be done within the next 2 days It is the record SHIB burn that has ever taken place on the network Burn parties have not helped the second largest meme token in ...
How these two DeFi protocols fell prey to $11 million ‘reentrancy attack’
On 15 March, an attacker siphoned over $11 million from two DeFi platforms, Agave and Hundred Finance. It appeared to be a flash loan ‘reentrancy attack’ on both protocols on the Gnosis chain as per i...
COTI’s Djed Joins Cardano-Based Exchange Cardax
Stablecions are becoming more and more essential in the DeFi sector lately. These coins would be anchored to fiat money or a more stable asset like gold to give them more stability in the market. Stab...
South China Morning Post (SCMP) To Spin-off NFT Unit After Strong Sales
Hong Kong newspaper The South China Morning Post (SCMP) said on Wednesday it will spin off its NFT-related venture into a separate company. The unit, called Artifact Labs, will be headed by SCMP’s cur...
Rainmaker Games (RAIN) is up 5% today: here are the best places to buy it from
As the blockchain gaming industry continues to gain traction around the world, the price of the Rainmaker Games (RAIN) coin has started rising again. Today’s RAIN price rise is a positive sin that the...
Alibaba, JD.com and Other China Stocks Soar. Here’s What Sparked the Turnaround.
Text size Shares in Alibaba and other Chinese companies have come under intense pressure recently. Greg Baker/AFP via Getty Images Shares in some of China’s largest companies notched eye-watering gain...
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Cardano Reaches New Scaling Milestone, ADA Price Yet Unmoved: Details
Tomiwabold Olajide Charles Hoskinson has shared the good news of first Hydra Heads launching on public Cardano testnet Cardano founder Charles Hoskinson has shared the good news of the first Hydra Hea...
How a VC firm that turned $700K into $4B is betting on the future of crypto gaming
VC firm Hashed was founded in 2017 when a group of founders and engineers from South Korea pooled $700,000. Fast-forward five years and more than 500 investments later, and Hashed’s treasury now total...
UK joins regulatory focus as it recruits head of new crypto department
The UK’s financial regulatory body, The Financial Conduct Authority (FCA), has set its sights on crypto in a week filled with news on crypto regulation. The FCA is actively recruiting someone to lead ...
Analyst Says One Ethereum Rival May Soon Witness Meteoric Rally, Far Outperforming Bitcoin and Crypto Markets
A widely followed crypto strategist says that Ethereum (ETH) competitor Terra (LUNA) is poised to hit new all-time highs despite general sideways action across the crypto markets. Pseudonymous trader ...
Trustizen Marks Its Entry in the Polygon Studio
The Polygon network welcomes a new startup to its ecosystem. Trustizen is one of the fastest-growing projects in DeFi that directs its focus to the luxury goods market. This is a growing avenue that i...
Bitcoin (BTC) Spikes Over Resistance to Trade Above $40,000 Again
The price of Bitcoin (BTC) spiked significantly on March 16, reaching a local high of $41,718. However, it was rejected and has decreased slightly since. Bitcoin has been decreasing underneath a desce...
These Catalyst Will Take Terra (LUNA) Price To New ATH In Coming Days
Terra (LUNA) appears to have been on most people’s radar for a time, with a current market rank of #7 and a market valuation of $29,169,713,864. LUNA’s price, on the other hand, is continuing to decli...
BDSwiss Appoints Nicolas Shamtanis as CEO
BDSwiss, a leading financial and investment services provider, announces the appointment of Nicolas Shamtanis as its CEO.Nicolas joined BDSwiss in September 2021, following a 15-year career within the...
Stock Market Today: Dow Rises, Fed Decision Ahead, Alibaba and JD.com Soar
Text size Fed Chair Jerome Powell will host a press conference at 2:30 p.m. Eastern. Graeme Jennings / POOL/AFP via Getty Images Stocks were moving higher Wednesday as markets readied for a long-await...
As The Dust Settles, Deus Finance Releases Statement, Outlines The Way Forward
After the flash loan attack suffered by Deus that saw around $3 million stolen by the attacker, Deus released a statement through Medium, assuring the community that steps were being taken to ensure t...
Bitcoin Surpasses $40K Following Massive Volatility, Markets Add $80B Overnight (Market Watch)
Bitcoin reminded of its enhanced price fluctuations with a roller-coaster movement but has since reclaimed $40,000. Most altcoins are well in the green on a daily scale, with Ethereum charging towards...
Billionaire Lucio Tan’s Philippine Airlines Plots ‘Comeback’ As Carrier Boosts Passenger, Cargo Flights
Lucio Tan arrives in Davao City, on the southern island of Mindanao, to meet Philippines’ … [+] president-elect Rodrigo Duterte. NOEL CELIS/AFP via Getty Images Philippine Airlines—control...
GensoKishi Online Strives To Be The Project To Watch In 2022
Genoskishi Online was created under license from Elemental Knights Online, a Japanese 3D MMORPG. Essentially, GensoKishi Online is a new version of Elemental Knights Online, which received the “Game o...
FIA Has Appointed Two New Directors to the Board
FIA announced that it has made a few changes to its Board of Directors. Recently announced at the annual general meeting and shared in a press release with Finance Magnates, FIA, a new UK subsidiary f...
Crypto startup employee quits after realizing telltale signs of failure
The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromis...
Euro’s Recovery Might Be a Long Shot Given FOMC Decision
The ongoing conflict between Ukraine and Russia continues to have an impact on the forex market. Still, the Euro made a considerable movement in the market lately following a meeting of the European l...
ConsenSys Hits $7 Billion Valuation in New Funding Round
ConsenSys, an Ethereum application and infrastructure builder based in New York, announced on Tuesday that it raised $450 million in its Series D funding round. The financing seed gives the blockchain...
Commentary: Bitfinex Trading Team On Bitcoin Price Amidst Fed Increased Rates, China’s Lockdown
The Fed is expected to announce an increase in interest rates by 25 basis points, as Analysts predict. The Ukraine-Russian crisis continues while diplomats from both countries hold the fourth round o...