Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, wil...
Tag: news
Voyager Digital Secures $200m Credit Facility to Meet Liquidity Demands
The need to be more adequately equipped for the current crypto winter has pushed Voyager Digital Holdings, a prominent crypto trading and investment platform, to secure more than $200 million in credi...
Prime Trust Pulls $100m in Series B to Float New Products
Cryptocurrency infrastructure service provider, Prime Trust LLC has raised $107 million in Series B funding as it seeks to deepen ties with its clients with its proposed new products. While being bac...
Russia to Trial Digital Ruble Settlements for Real Estate Deals – Bitcoin News
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts ...
Nexo Hires Citigroup to Advise on Potential Acquisitions
Nexo, a crypto lending platform based in Switzerland, announced on Wednesday that it has tapped Citigroup to advise it on the potential acquisition of other crypto firms hit by the recent market downt...
Tether to Launch GBPT in July, Pegged to British Pound Sterling
Stablecoin issuer Tether Operations Limited (“Tether”) has announced plans to launch Tether tokens (“GBP₮”) pegged to the British Pound Sterling in early July. “GBP₮ will join four o...
Cardano Vasil Hard Fork Postponed to Allow for More Testing – Blockchain Bitcoin News
A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-sever...
eBay Announces Acquisition NFT Marketplace KnownOrigin
eBay Inc. (Nasdaq: EBAY) continues to deepen its footprint in digital collectables. The e-commerce giant announced on Wednesday that it has acquired the U.K-based non-fungible token (NFT) marketplace ...
Winners, News And Notes On June 22, 2022
AEW Forbidden Door will feature a Fatal 4-Way between Jay White, Hangman Adam Page, Kazuchika Okada … [+] and Adam Cole. Credit: AEW AEW Dynamite added multiple matches to AEW x NJPW Forbidden D...
BNB Chain Partners with University of Zurich to Boost Blockchain Education
Binance-backed smart contract platform BNB Chain has announced a new partnership with the Blockchain Center of the University of Zurich to participate in the forthcoming three weeks of the University’...
Crypto.com Receives In-Principle Approval Tokens Permit from the MAS
Digital currency trading platform Crypto.com has been granted the In-Principle Approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. Should the license be...
I Can’t See the Point of Crypto — Nobody Needs to Own It – Markets and Prices Bitcoin News
Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman o...
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off – Featured Bitcoin News
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agusti...
How the fight to keep news profitable led to Node Guardians
? Want to work with us? CryptoSlate is hiring for a handful of positions! Node Guardians is an ambitious new non-custodial staking provider that wants to go beyond just spinning up nodes. Sami Ben tal...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Mining Bitcoin News
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the ...
Boeing Says ‘Drip, Drip’ of Bad News Should Stop. Investors Don’t Believe It.
Text size Boeing CEO Dave Calhoun expects air travel demand to stay. Dreamstime Boeing CEO Dave Calhoun spoke Wednesday at an conference in Qatar arranged by Bloomberg. For investors, there was some g...
Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse – Bitcoin News
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insol...
Toyota Stock Falls After It Cuts Production Again. Bad News for Car Prices.
Text size Toyota reduced its output forecast, citing parts shortages. Above, a dealership in Houston. Brandon Bell/Getty Images Toyota Motor updated its production plans, unveiling more cuts. Wednesda...
Tether Launches Stablecoin Pegged to the British Pound Sterling – Altcoins Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Alameda Bails Out Voyager Digital on News of 3AC Exposure
Key Takeaways Crypto exchange Voyager was exposed to Three Arrows Capital to the tune of $667 million. The company has already secured a loan from Alameda Research in order to make sure Voyager custom...
Bitcoin․com Exchange Market Insights Report for June 2022 – Promoted Bitcoin News
This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure ana...
UNI Moves Into Top 20, as SHIB Hits Highest Point Since May – Market Updates Bitcoin News
Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was o...
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services – Regulation Bitcoin News
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurre...
La Poste lands on Binance NFT on its first birthday- The Cryptonomist
Today’s NFT News features the first birthday of Binance NFT and the first drop of French postal service La Poste with its first 10 Non-Fungible Tokens. Not only that, but also crypto startup MoonPay,...
ETH Down, as Two-Day Winning Streak Ends on Hump Day – Market Updates Bitcoin News
Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards th...
Is USDC Challenging USDT For The “Top Stablecoin” Title? – Coinpedia – Fintech & Cryptocurreny News Media
After Tuesday, when USD Coin’s daily’real volume’ on the Ethereum network doubled that of Tether’s USDT, it began to challenge Tether for the title of top stablecoin in the cryptocurrency world. The f...
Crypto Investors Are Adherents of the Greater Fool Theory – Emerging Markets Bitcoin News
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued th...
MATIC Gets Bullish Boost on Polygon Carbon Neutrality News
Key Takeaways Polygon has partnered with KlimaDAO to offset its carbon emissions. The blockchain startup retired $400,000 worth of carbon credits, equivalent to the MATIC network’s entire carbon debt ...
Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?
As Bitcoin (BTC) continues hovering around the $20K zone, market sentiment might be changing from fear to capitulation. “Bitcoin goes from $69,000 to $17,600, and people are still looking for signs of...
Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences – Sponsored Bitcoin News
sponsored Embr is an all-remote corporation building a global Web3 fundraising infrastructure, and Checkout is the first of many product releases focused on moving startups and creators into a new era...
Tesla Is a Once-in-a-Lifetime Opportunity. Why This Analyst Is Still a Bull.
Text size A Tesla in Manhattan Beach, California. Patrick. T Fallon/AFP via Getty Images Tesla stock tends to generate strong opinions—in both the bull and bear camps. Bears have had the upper hand la...