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September 20, 2022
Read this article to understand why a metaverse can thrive and scale better on blockchain rails. So, is blockchain ready to take on the Metaverse journey? In essence, the ideal metaverse must be on blockchain rails, which mandates inclusive incentives centered around creators and users while still offering immersive and seamless virtual experiences. The Metaverse...
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The firm has reportedly created a new group focusing on digital assets and onboarded Ira Auerbach, who previously worked at Gemini, to lead the unit. As more institutions become interested in dabbling in cryptocurrencies, multinational financial services firm Nasdaq has reportedly started preparations to offer digital asset custody services to institutional clients.  According to a...
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“Putting Paris Agreement carbon markets on Ethereum and connecting the national carbon accounts of the world, is blockchain’s killer app.” The sustainability movement has emerged as a 21st century megatrend, and it shows no signs of abating. Record heat in Europe, wildfires in the U.S. West, floods in Pakistan, drought in China, and accelerating ice...
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Crypto insurance is becoming more important as investors and crypto companies look to secure their digital assets. Insurance is key for financially securing important assets. Yet, the cryptocurrency sector — which is predicted to reach a global market size of $4.94 billion by 2030 — may be lagging behind when it comes to insuring digital...
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Considering investing in cryptocurrencies for the long run? Roth IRAs and other tax advantages investment vehicles are worth considering. As the cryptocurrency market matures, more governments throughout the world introduce legislation to tax proceeds from crypto-related activities, with traders often triggering taxable events that can lead to future complications. Avoiding paying taxes is illegal, but...
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The African continent has emerged as a hotbed for crypto and blockchain activity, with countries like Nigeria and Ethiopia leading the way. Web3 payments platform Fuse has partnered with ChromePay, an identity-based payment solution, to launch a new suite of payment products in Africa — a move designed to boost financial inclusion on the continent....
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Total crypto payments on BitPay remained stable despite the bear market, with monthly transactions surging from around 58,000 in 2021 to 67,000 in 2022. The cryptocurrency bear market has had an impact on how people pay with crypto, but Bitcoin (BTC) remains a major payment tool despite huge volatility, according to data from BitPay. The...
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A set of technical indicators see Bitcoin price ending its prevailing bearish cycle. Bitcoin (BTC) recovered above the $19,000 mark on Sep. 20, a day after falling to its lowest level in three months. Bitcoin struggles after dropping below $20K On the daily chart, the BTC price rose from $18,255 to $19,650. This 7.5% price...
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MicroStrategy bought an additional 301 Bitcoin for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter. MicroStrategy owns 0.62% of all the Bitcoin (BTC) that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company had bought another 301 Bitcoin for roughly $6 million, at...
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Adopting more stringent Know Your Customer (KYC) checks can give crypto exchanges a competitive edge over those that meet minimal standards. Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as demand for digital assets grows, the need for...
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