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Cardalonia Metaverse Utility Token Attracts The SandBox & Decentraland Investors As $LONIA Lists On Bitmart Exchange –

$LONIA is the utility token of the Cardalonia Metaverse, a play to earn platform being developed on the Cardano Blockchain. The Cardano-based project has announced that $LONIA token will be listing on Bitmart, a top 30 cryptocurrency exchange according to Coinmarketcap. $LONIA token is currently trading on P2pb2b and will be subsequently be available on Bitmart when trading opens on the 22nd of September on the LONIA/USDT ticker. Cardalonia has also announced the initial land presale of the land NFT plots. Cardalonia LAND (Terrania) is a digital piece of land...

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Will Polkadot’s network achievements garner some support for an ailing DOT

Development activity on Polkadot [DOT] reached an all-time high among other blockchains. This is a major feat for the network as it continues to thrive by introducing upgrades at regular intervals. Polkadot Insider, a Polkadot-dedicted Twitter handle, also posted an update about this milestone in a recent post. Will these developments have any meaning for the DOT token? Source: Santiment

Nothing here for DOT

Despite positive developments, the token continued to suffer from the ongoing bear...

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Jesse Powell Stepping Down as Kraken’s CEO

Key Takeaways

Jesse Powell is leaving his role as CEO of Kraken, a position that he has held since the firm was founded in 2011. He will be succeeded by Kraken's COO, Dave Ripley, who has been part of the company for six years. Powell will remain involved in Kraken and will act as the company's chairman of the board of directors.

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Jesse Powell will step down from his role as CEO at the major cryptocurrency exchange Kraken.Jesse Powell is...

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Bullish Reversal Sets Tezos Price For 11.6% rally.

Published 35 mins ago Amid a sideways rally, the Tezos Price has squeezed into a narrow range stretched from $1.68 to $1.42. The altcoin has been wobbling in this range since last month, testing the overhead resistance twice and the bottom support thrice. Thus, the market participants can consider as a no-trading zone, Anyhow, the coin traders actively responding to these barriers could cause significant bias in tezos future price.

Key points Tezos Price:

The Tezos3 price rebounded from $14.2 support...

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United States: Will this new bill ban Terra-like stablecoins for 2 years

A recent Bloomberg report stated that upcoming legislation would ban algorithmic stablecoins such as TerraUSD that collapsed in May this year leading to a global crypto crash. The said bill is currently being drafted in the U.S. House.

Controlling the Stablecoin segment

The bill would make it illegal to develop or issue new “endogenously collateralized stablecoins.” Such a stablecoin is pegged to a related cryptocurrency from the same creator in order to maintain a stable price. The token is sold with a...

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Apecoin Price Breaks $5.7 Barrier For A 14% Rally, But What Next?

Published 10 mins ago Following the May-June downtrend, the Apecoin price started walking a lateral path. Moreover, the altcoin resonating within two converging trendlines indicated the formation of an inverted pennant pattern. This symmetrical triangle-type consolidation shows a short break period for coin sellers before they continue the prevailing downtrend. 

Key points from Apecoin price analysis: 

The APE price wobbling within a symmetrical triangle pattern will soon enter a no-trading zone The 20 and 50 EMA closing a bullish crossover in the...

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Amber Group continues strong financial performance in H1 2022!

Resilient performance is a result of sustained business momentum, along with expanded product and service offerings against market uncertainties.  Amber Group, a leading global digital asset company, announced its H1 2022 financial performance, with revenue of US$250m representing a 25% YoY growth compared to the previous year. Growth was achieved across all core business areas, led by its institutional business and trading operations. The company’s consumer business, WhaleFin, also saw significant revenue growth, following the launch of WhaleFin Club, Amber...

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Algorithmic Stablecoins Like TerraUSD to Face Two-Year Ban in the U.S.

Next week, the House Financial Services committee will vote on legislation to regulate stablecoins. As per details, the draft bill proposes a complete two-year ban on algorithmic stablecoins like the TerraUSD. The TerraUSD stablecoin witnessed a severe crash earlier this year in May 2022 eroding more than $40 billion of investors’ wealth. Since then, the regulators have been keeping a close watch on collateralized stablecoins. As per the copy received by Bloomberg, the latest version of the draft bill notes that...

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Shanghai Siba Culture Media Group Announces the Reorganization of its Corporate Structure and a New Social Metaverse –

The Shanghai Siba Culture Media Group, which rebranded as the new Meta48 Holdings Ltd back in June, is representing the world’s largest youth idol girls group, the SNH48 Group, the company is re-imagining itself and the future of entertainment to celebrate their 10th anniversary. As Meta48 Holdings Ltd., the Chinese company is transitioning its focus to Web 3.0 and XR Internet while developing an open metaverse for the users; the goal is idol development. The virtual hub provides a platform and growth...

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