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Bitcoin
Southeast Asia’s Largest Bank DBS Enters the Metaverse
DBS, the largest bank in Southeast Asia, says it is “the first bank in Singapore to make a foray into the metaverse.” A DBS executive explained that “The metaverse presents exciting opportunities to redefine how we…
US SEC Sets Up Dedicated Office to Review Crypto Filings
The U.S. Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized support” for crypto…
Devere CEO Explains Why He Is Buying the Bitcoin Dip
The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos…
US Senators Press Meta CEO Mark Zuckerberg on Crypto Scam Policies for Facebook, Instagram, Whatsapp
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta…
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of…
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech…
Ethereum Devs Successfully Complete Merge Shadow Fork With No ‘Client Incompatibility Issues’
Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers, prior to the Paris upgrade, programmers…
Biggest Movers: ADA, SAND Surge to Multi-Week Highs on Saturday
Cardano was one of Saturday’s notable gainers, with the token surging to a three-week high. The sandbox was also in the green, rising to a multi-week peak, as sentiment in the cryptocurrency market remains mostly bullish. Overall,…
Bitcoin, Ethereum Technical Analysis: ETH Bulls Targeting $1,800 This Weekend
Ethereum rallied to a fresh three-week high to start Saturday’s session, however gains eased as the day progressed. The token continues to trade above $1,700, as market sentiment remains bullish. Bitcoin experienced a similar day,…
China to Crack Down on Copyright Infringement Through NFTs
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement…