Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin. Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) by calling the allegations of fiscal risks “extremely superficial.” During a press conference held on Monday,...Continue Reading

MetaPay, metaverse-based payment system, requires customers to have a MPay token to invest in the Metaxion universe. When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved.  Users could converse more readily anywhere...Continue Reading

Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said. Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday. Since launching its...Continue Reading

Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000. Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price hits 18-month lows Data from Cointelegraph Markets...Continue Reading

The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining. New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in...Continue Reading

The creators behind ZED RUN launched their first Metaverse title on June 13, featuring fully-customizable user avatars and 3D world built using the Unreal Engine. Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse. ...Continue Reading

Eight of the top 10 NFT projects have posted at least a 115% increase in 24-hour trading volume as the floor prices of many top NFT collections tumble. NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long...Continue Reading

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency industry has...Continue Reading

Leigh Travers feels that a change in Australia’s government will slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance. As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the...Continue Reading

“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty. Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in...Continue Reading