Worldwide Webb Review: Not a Perfect Metaverse, but Better Than Meta’s
In an update released two days ago, Coin Bureau looked at how the collapse of SBF’s FTX empire could impact the price of $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses...
Binance’s CEO shared a solution to help avoid exchanges using customer funds as presented by Vitalik Buterin BNB continues to prevail in static positions, according to its on-chain information The CEO of Binance, CZ, agreed with Vitalik Buterin that Centralized Exchanges (CEXes) needed to produce public evidence showing user safety. Of course, CZ had initially pushed the Proof-of-Reserves idea in response to the calamity that befell FTX users, with several exchanges adopting the model. However, Ethereum’s [ETH] co-founder proposed that the...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject BNB has been on a steady downtrend since the beginning of the year. The altcoin was worth $514 on 1 January, but catastrophic market events like the collapse of Terra and the following crypto-winter have left it worth $272 at press time. A brief spike was witnessed on 8 November following the announcement...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Since Wednesday, there have been concerns about the price movement of Ethereum (ETH), following reports that Genesis has suspended all payouts and reimbursements. Following the FTX catastrophe from last week, it might be the final domino to fall. Read Price Prediction for Ethereum [ETH] 2023-24 A number of other platforms are taking similar steps, with Gemini,...
Recently, a former Goldman Sachs executive explained why this could be a great time to buy $SOL, the native token of the Solana blockchain, despite all the doom and gloom surrounding the Solana ecosystem in the wake of the collapse of FTX. Here is how Coinbase described Solana in a blog post published...
A $1 billion chain transfer to convert USDT from the Solana blockchain to the Ethereum blockchain was just announced by stablecoin issuer Tether. During this process, Tether noted that there won’t be any change in the total supply of the number of tokens.
KEY3.id’s DID protocol launched a permanently free. did domain early bird event, with more than 10,000 users participating online. Within 24 hours, the on-chain gas fee consumption surpassed ENS, resulting in a 50% growth rate. did domain holders. At present, the number of KEY3.id community members have exceeded 60,000 in the first week. KEY3.id has reportedly partnered up with BitKeep Wallet, iToken Wallet, Bybit, KuCoin Wallet, Coinhub Wallet, ONTO Wallet, Assure Wallet, and Element. market, and other industry-leading wallets, DeFi,...
The FTX contagion is spreading wide and fast! On Thursday, November 17, crypto venture giant Multicoin Capital told its investors that the FTX collapse has pushed the fund down by a staggering 55% over the last month. Multicoin believes that there’s a possibility of recovering some of its assets from FTX in the future. However, since FTX is currently wrapped up in bankruptcy proceedings, Multicoin Capital prefers to write them down to zero. The crypto venture firm didn’t mention exactly...
In a piece of vital news related to XRP — Stably, a leading Seattle-based Web3 startup has announced the launch of its multichain $1 pegged stablecoin on XRP Ledger (XRPL). The stablecoin which goes by the sticker USDS, supports XRPL’s mission to provide a sustainable and scalable platform for individuals and organizations.