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Tag Archives: Cryptocurrency

Bitmart hacked for $200M

bitmart hacked

Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum and Binance Smart Chain blockchains. The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company that initially identified a transfer of roughly $100 million over the Ethereum blockchain. At 7.30 PM UTC, PeckShield first […]

Is Bitcoin vs Gold still the important topic?

bitcoin over gold

The Gold versus Bitcoin debate gathered steam last month as US inflation hit three-decade highs. Globally, consumer prices have accelerated at an unprecedented rate, prompting investors to seek a hedge against inflation and gold bugs and Bitcoin fans arguing over which asset is a better store of value. I will provide some insights into what […]

Metaverse Land’s Selling Real Hot This Season

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$106M worth of Metaverse Land Has Been Sold Last Week “Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.” Four blockchain-based Metaverse projects generated more than $100 million worth of virtual land […]

Will Santa take Bitcoin to the moon?

Santa Bitcoin

Bitcoin has fallen just 17% from ATH, which makes this correction the shallowest of the year so far. In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes, it could be on the cards again. We’ve certainly experienced the correction: […]

BTC price with stronger support, ready for December take off?

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Bitcoin is currently trading around $56,740.82, down 1.49% The Bitcoin fear and greed index on Tuesday, November 30, 2021, went from the fear level of 33 to the level of 40 MicroStrategy has added another batch of  7,002 BTC to their treasury BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” BTC/USD reversing […]

Nike wants to bring sneakerheads into the Metaverse

nike metaverse scaled

Nike intends to sell you digital products in the Metaverse, and you will buy them because Nike knows how to make you want them. The apparel giant has taken its first steps into the metaverse. The Oregon-based company has filed several new trademarks this week that indicate its intent to make and sell virtual Nike-branded […]

Metaverse tokens are still pushing higher each day

metaverse world

The metaverse sector continued to outperform with Gala (GALA), The Sandbox (SAND) and Decentraland (MANA) among the top five gainers. While few play-to-earn and metaverse “environments” are available for true interaction, major news and partnerships are still boosting these metaverse-related token valuations. As reported by Cointelegraph on Nov. 24, Metaverse Group purchased virtual land in Decentraland for […]

New COVID-19 variant emerges, BTC drops, stocks sell-off, what’s happening?

covid crypto

Global markets went into a tailspin Friday following news of a heavily-mutated Covid-19 variant first detected in southern Africa. The World Health Organization will meet on Friday to address the emergence of the B.1.1.529 variant, which South African scientists have said contains more than 30 mutations to the spike protein, the component of the virus that binds […]

MAS regulated Bitcoin funds launches in Singapore

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Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS). The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are intended to provide simple and secure exposure to Bitcoin for professional investors, Fintonia announced on Thursday. The Fintonia Bitcoin Physical […]

88.7 million LUNA tokens ($4.5 billion) will be burned and swapped for the stable coin (UST)

Luna Coins To Be Burned

Terra, the algorithmic decentralized stablecoin project will burn $4.5 billion worth of its native coin LUNA from its community pool. The decision was taken through Terra’s on-chain governance system. According to their Twitter announcement, LUNA will be burned and swapped for UST, which is Terra’s native stablecoin. The burn will take place on every 800 blocks generated by […]