Bank of England Calls for More Regulation as U.K. Crypto Firms Express Frustration With Current Rules
ADA price extends the gains for the fourth straight day. The price tested monthly high around $1.17. Investors are ready to lock in further gains as the price move beyond the 50-day EMA since September. ADA price prints noticeable gains on Thursday. More gains above the 200-EMA towards $1.50. The momentum indicators support the bullish outlook.
The NFT space has grown exponentially in the past few years with a total value reaching $17 billion in 2021. Although a lot of platforms offer NFTs and related services, one of the biggest problems in the space is the lack of a pivot marketplace and links between various communities. Cryptomeda is an NFT based ecosystem that aims to give users a chance to experience and own collectibles in the crypto space. The play-to-earn ecosystem consists of a marketplace, NFT collections, games, and staking...
Dubai, United Arab Emirates, 24th March, 2022, Chainwire Alfa Romeo F1 Team ORLEN will make a huge step towards its presence in the metaverse as it unveils a partnership with Everdome, the world’s first hyper-realistic metaverse, to provide a digital home for the future of their community and...
SK Group, South Korea’s third-largest conglomerate, said it will issue its own cryptocurrency through the firm’s investment arm, SK Square. SK Square is also preparing a blockchain service for its partners, to facilitate the crypto issuance. Both projects are still in their infancy, and the company is targeting a token rollout within the year, through an initial coin offering (ICO). While ICOs are banned in the country, newly-elected President Yoon Suk-Yeol has vowed to pass crypto-friendly rules, including the possible legalization...
On Wednesday (March 23), U.S. Senator Jim Risch (R-Idaho) commented on the passage of proposed legislation on El Salvador out of the U.S. Senate Committee on Foreign Relations, which means that now the full U.S. Senate will need to vote on this bill. As you may remember, the...
In 2021, cryptocurrency addresses associated with criminal activities accumulated over $14 billion, according to Chainalysis, a blockchain data and analytics platform. The booming cryptocurrency space saw the cumulative market cap of all cryptocurrency projects rise to over $2.3 trillion. Concurrently, the economic activity of all blockchains rose to over $15 trillion from $2.3 trillion in 2020, providing an opportunity for malicious elements to take advantage of blockchains’ immutability to steal assets or scam unsuspecting cryptocurrency holders. Out of the...
Popular rapper Snoop Dogg on Thursday released new music as NFTS themed around ApeCoin (APE) and the Bored Ape Yacht Club (BAYC). The collection, titled “Ape Drops 03 : An 8th,” consists of eight tracks made in collaboration with fellow rapper Wiz Khalifa. APE prices soared after the move, trading 17% higher at $13.8. The token has been on an uptrend since Wednesday, following news that BAYC owner Yuga Labs raised $450 million in a funding round led by venture...
A beta version of GameStop’s non-fungible token (NFT) marketplace has been launched on Loopring L2 ($LRC), an Ethereum layer-two scaling solution that allows users to transaction for a fraction of the costs the layer-one has. According to n announcement published by Loopring’s Head of Growth Adam Browman, a...