“It Won’t Be in June”: Ethereum Foundation Member Hints at Merge Delay
South Korean Giant SK Telecom Plans To Expand Its Metaverse
admin2022-04-13T13:05:54+00:00South Korean telecommunications giant SK Telecom on Wednesday said it has signed a strategic cooperation agreement with Morph Interactive, a 3D motion graphics company, to rapidly expand its metaverse platform Ifland. The two companies will collaborate to develop props, avatars, costumes, and spaces that can be used in Ifland metaverse. Moreover, the telecom firm will make equity investments in Morph Interactive under the agreement.
SK Telecom Plans Metaverse Push With Morph Interactive
SK Telecom is among many leading companies in South Korea...
Nexo Launches Crypto-Backed Credit Card in Europe
admin2022-04-13T12:20:27+00:00
Key Takeaways
Nexo has partnered with Mastercard and e-money wallet provider DiPocket to launch a new card service in Europe. The Nexo Card will let users borrow and spend fiat using their cryptocurrency holdings as collateral. The card will be integrated with Google Pay and Apple Pay, offer 2% cashback, and allow for a loan-to-value ratio of up to 90%.Share this article
Crypto service provider Nexo revealed today that it had partnered with DiPocket and Mastercard to launch a first-of-its-kind card in Europe...
Shiba Inu (SHIB) Rallies 21%, Here’s Why It Will Rise Further
admin2022-04-13T08:08:04+00:002021’s most searched cryptocurrency, Shiba Inu (SHIB) has again managed to grab the spotlight. Crypto whales to enthusiasts appear to be gearing up to grab more of SHIB. Robinhood’s listing of the popular memecoin boosted SHIB prices, while the SHIB: The Metaverse land biding event also provided support. As a result, SHIB’s 24 hour trading volume surged by a whopping 450%. SHIB surged 21% in the last 24 hours to 0.00002754, and was the best performer among major cryptocurrencies. The token’s...
Ethereum Developer Gets 5 Years In Prison For Teaching North Korea Skirt Sanctions Using Crypto –
admin2022-04-13T05:03:35+00:00An Ethereum engineer who gave a lecture on how to use blockchain technology in North Korea was sentenced to 63 months in prison on Tuesday. Cryptocurrency expert Virgil Griffith will pay a $100,000 fine for assisting North Koreans in evading US sanctions through the use of cryptocurrencies. The United States forbids its nationals from traveling to North Korea unless they have special permission. His presentation, according to the US Department of Justice, gave the Kim Jong Un leadership with “technical advise on...
U.S. Inflation for March Spikes to 8.5%, Has Bitcoin (BTC) and Crypto Already Priced In?
admin2022-04-13T03:30:16+00:00On Tuesday, April 12, the U.S. Labor Department released the inflation numbers for March 2022 which stood at 8.5%, the highest in four decades since 1982. The crypto market had already anticipated this event entering into a steep correction earlier on Monday. Just as the inflation numbers stood in accordance with the market expectations, Bitcoin (BTC) and the broader crypto market are showing a marginal bounce back. Explaining this, on-chain data provider Santiment reports: When #inflation and #CPI...
$ADA’s Top Whales Back to Their ‘Largest Percentage of Supply Held in Two Years’
admin2022-04-13T00:20:00+00:00While the price of Cardano ($ADA) has been dropping amid a wider cryptocurrency market downturn that saw the space’s total market capitalization lose over $170 billion in value, its top whales have been accumulating it over time. According to data from on-chain analytics firm Santiment, while ADA is...
‘Shark Tank’ Star Kevin O’Leary Reveals His Crypto Portfolio Allocation, Says Bitcoin is ‘Never Going to Zero’
admin2022-04-12T21:50:00+00:00Kevin O’Leary, a celebrity investor known as “Mr. Wonderful” on ABC TV series “Shark Tank,” has revealed what percentage of his entire portfolio is allocated to the cryptocurrency space, months after explaining he sees Bitcoin ($BTC) move to $300,000. During an interview with Kitco News, O’Leary revealed he...
Brazil Plans CBDC Pilot for Second Half of 2022
admin2022-04-12T21:06:44+00:00
Key Takeaways
The president of Brazil's central bank, Roberto Campos Neto, discussed the country's CBDC plans during an Apr. 11 event. Neto suggested that Brazil's central bank digital currency will likely be piloted in the second half of 2022. Last month, Brazil selected nine proposals from various partner projects to support its CBDC efforts.Share this article
Brazil will likely begin its CBDC pilot in the second half of 2022, according to statements from the president of its central bank.CBDC to Be Piloted This...
ZIL Price Challenges 0.618% Fibonacci Retracement; Keeps Eye On $13.5 Next
admin2022-04-12T18:11:39+00:00ZIL price is in a continuous downward spiral but trades on a muted note on Tuesday. The recent price action had pushed it below the crucial retracement levels. ZIL price trades in a very tight range with no clear directional bias. Expect, a bounce back in the price if the price gives a daily close above the 0.618% Fibonacci retracement at $0.11. However, the downswing could extend toward $0.78.