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The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records. E-commerce and interactive platform builder LGND.io has announced a multi-year partnership with blockchain network developer Polygon and global entertainment company Warner Music Group to create a Web3 music platform called LGND Music.  LGND Music,...
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On-chain analysis gives compelling reasons why BTC price could be in the final stages of a bottoming process. After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in December. In Capriole Investments’ latest report, they provide analysis on Bitcoin finding the bottom. When taking...
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Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority. The international monitoring body Financial Stability Board, or FSB, called for a global framework aimed at regulating and supervising crypto in the wake of FTX’s collapse, also saying it would assess vulnerabilities associated with decentralized...
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O’Leary emphasized that the truth about FTX can be discovered, thanks to the unique nature of blockchain technology. In an interview with Yahoo Finance on Dec. 6, Shark Tank’s Kevin O’Leary called for calm in the wake of FTX’s collapse. The exchange’s former CEO, Sam Bankman-Fried, should be understood as innocent unless evidence comes to...
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Animoca wants to advance the music industry within Web3 and gaming through its latest partnership with Pixelynx. Digital entertainment, blockchain, and gamification company Animoca Brands has secured a majority stake in the Los Angeles-based music metaverse gaming platform Pixelynx. Animoca Brands expects its acquisition will expand on the integration between gaming and Web3 technologies and...
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Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements. Blockchain oracle network Chainlink has launched its staking feature to help increase the economic security of the platform’s oracle services.  In an announcement sent to Cointelegraph, Chainlink mentioned that the new...
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Ethereum market analysts desperately search for the bottom but ETH price technicals aren’t excluding further downside below $700. Ethereum’s native token, Ether (ETH), eyes a strong bullish reversal after losing 25% from its November high of $1,675, according to a bottom fractal spotted by independent market analyst Wolf. Can Ethereum price co its March 2020...
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The firm sparked controversy last month after disclosing MetaMask’s data collection practices. In a privacy update published Dec. 6, ConsenSys, the developer of the popular MetaMask browser wallet, said it would reduce its retention of user data such as wallet addresses and IP addresses to seven days. Previously on Nov. 24, ConsenSys updated its privacy...
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BTC price action is suffering from FTX, but decentralized blockchains are “as strong as ever,” says ARK Invest. Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly...
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Three senators said they were concerned about Silvergate following reports suggesting that the bank “facilitated the transfer of FTX customer funds to Alameda.” Three members of the United States Senate have reportedly penned a letter to Silvergate Bank requesting information about any relationship with FTX and business entities under former CEO Sam Bankman-Fried. According to...
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