The Metaverse is a revolutionary technology that is gaining traction among tech-savvy individuals and companies alike. It is a virtual world that is powered by blockchain technology, allowing users to interact with each other in a virtual environment. Due to its increasing presence, several tech giants are investing in this potential technology. Following the footsteps…
On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…
Binance, the world’s largest crypto exchange by trading volume, recently announced its decision to suspend USD transfers due to a lack of support from banks. This news has caused shockwaves throughout the cryptocurrency industry, raising concerns about the stability of digital assets and their long-term future. From tomorrow, February 8th, 2023, the suspension will take…
The FTX scandal and its ex-CEO has been making headlines since last year when allegations of fraud arose. The media continues to follow the case and new revelations have once again sparked a flurry of activity on the internet. This time, however, the news is positive; bringing hope amidst a tumultuous period as Sam Bankman-Fried…
It’s been a remarkable year for Bitcoin (BTC) and the crypto market, with BTC surging more than 40% since January 2023. At the time of writing, the world’s largest cryptocurrency is trading at $22,789, making its total market capitalization an awe-inspiring $439. billion. This impressive rally has shown no signs of abating – inspiring many…
In India, there has been an undeniable surge of enthusiasm for blockchain technology in recent years. Despite this, adoption rates remain disappointingly slow; this has caused many knowledgeable pundits to implore the government to give deeper consideration to this versatile and transformative technology. Recently, American venture capitalist Tim Draper has also advocated for India’s swift…
Billionaire Michael Saylor recently reacted to billionaire Charlie Munger’s criticism of Bitcoin, and in his typically candid manner, he articulated his thoughts on the matter with aplomb. He used factual examples to illustrate why he believes that crypto assets are an important part of any well-diversified portfolio. In an interaction with the press, MicroStrategy CEO…
The FBI has made a victorious recovery of $100K worth of NFTs and $144,000 worth of Ether following the investigation by ZachXBT, a talented group of Crypto Scam Research. At the time of the raid, the FBI discovered valuable NFTs including Bored Ape Yacht Club#9658, and Doodle #3114 worth $95,495 and $9,361. It’s yet another…
Nowadays, it’s very common for two companies who sell or offer similar goods or services to rival as both companies want to snatch each other’s customers and want to be at the top. A new rivalry added to this long list that creates havoc among the Crypto community. The Binance-WazirX dispute is causing quite a…
BonqDAO’s catastrophic hack continues to wreak havoc, with PeckShield reporting that the attackers have begun their efforts to siphon off funds through Tornado Cash. This follows Foresight News’ revelation of $120. million-dollar loss due to BonqDao’s lackluster security protocols – which were ultimately responsible for this event. In an attempt to ensure that such nefarious…
