Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the...

The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him. NFT Used as Collateral A Singapore man has won a court injunction...

Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s...

Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other...

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he is still bullish about bitcoin. He’s waiting for the cryptocurrency to test a new bottom before getting in, which he indicated could be as low as $9K. Kiyosaki...

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested in discussing crypto” when his approval ratings have sunk...

Following the statements from Ethereum developer Preston Van Loon at the Permissionless conference, Ethereum co-founder Vitalik Buterin has further confirmed The Merge will likely happen in August. Buterin noted, however, that it’s quite possible there’s...

Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk....

The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” Dubai...

Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance...

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether...

SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. Cosmos (ATOM) After climbing by over 15% on Friday, ATOM was one...

President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has...

Cardano (ADA) is set for a nice bump over the days ahead as it establishes a consistent price range. The coin has somewhat recovered some of the losses seen in the middle of May and could give investors more returns in the near term. Here are some of the details. Over...

ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000. Bitcoin Following marginal...

As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association...

Fantom native token, FTM, has surged by more than 6% today after Andre Cronje, one of the most prolific DeFi developers, was spotted doing some coding for the Fantom stablecoin platform. Github data revealed the coding of the developer sparking an intraday FTM price...

Bitcoin (BTC) has managed to jump back above $30,000 after falling sharply in the last few weeks. There is hope the mega-cap coin is finally back on an upward trajectory. However, technical analysis does not support this and in fact, the surge could be a dead cat...

2022 appears to have simply flown by so fast for most crypto investors. The market has not delivered as expected, but we have not seen any major crashes. As we enter the second half of the year, there are some opportunities to make good money. Here is why: Most coins...

UK market regulators are looking into the Terra (LUNA) nosedive which started during the recent crypto market bloodbath. The market dip saw the largest crypto in the market, Bitcoin, drop as low as $26k while Terra dropped by almost 100%. However, the regulators are...

Sandbox (SAND), the native token of The Sandbox Metaverse, rallied by over 13% yesterday after Coinbase, the largest crypto exchange in the United States, announced in a tweet that it is intending to list SAND on its platform. Assets added to the roadmap today: The...

Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the...

A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios,...

Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms...

The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for...

The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies...

New York, NY, 20th May, 2022, Chainwire Swappi, an AMM-based decentralized exchange (DEX) deployed on Conflux, is releasing a new feature that will give new projects launching on Conflux’s eSpace a platform to launch, fundraise, and seed their community. Dubbed...

Polkadot (DOT) has finally managed to get closer to $10 after falling sharply over the last week or so. The coin has also seen decent gains this week as it recovers most of the losses reported in the middle of May. But this bull run is losing steam and a correction...

Tron (TRX) has rallied impressively this week. The coin is now trying to surge past a strong resistance zone. With good recovery momentum, TRX could see more gains in the near term before any correction. Here are important takeaway points: TRX is trying to surge past...

The goal for any investor is to buy assets at a lower price and sell them when the price has shot up. In crypto, prices for assets can often shoot up very fast. If you are able to find undervalued gems, you could become very rich. But how do you find these undervalued...

Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded...

Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers...

PRESS RELEASE. The innovative first time used concept will help to monetize charitable experience for people. Since the beginning of the war in Ukraine, people from all over the world are trying to find ways to support people affected by the events. Multiple...

The KuCoin Token price declined sharply during the American session on Friday. The token slipped to a session low of $19.34, which was its lowest level since March 28th this year. KCS has declined by more than 12% from its YTD high, bringing its total market cap to...

Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT...

ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in...

The Jasmy Coin price has lost its momentum in the past few weeks as concerns in the cryptocurrency industry continue. The token is trading at $0.01120, which is about 96% below its all-time high. Its performance has mirrored that of other large and small...

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terra (LUNA) and stablecoin terrausd (UST). SEC Chair Gensler’s...

This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing above its $2,000 point. Bitcoin Bitcoin was trading...

A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain...

PRESS RELEASE. The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with the development being finalized to present a new use case to the virtual plot owners. According to the official statement, users who...

The cryptocurrency market will end the week on a positive note after adding more than 2% to its value in the last 24 hours. The broader crypto market has added more than 2% in the last 24 hours. At press time, the total cryptocurrency market cap stands above $1.26...

Hong Kong, Hong Kong, 20th May, 2022, Chainwire Shortly after the Beta Launch of Wombat Exchange, a hyper-efficient multi-chain stableswap backed by Binance, the crypto world was struck by the devastating collapse of TerraUSD. Wombat Exchange withstood the wild market...

The crypto market as a whole is bullish with most top 100 coins in the green at the time of writing.  Top cryptos Bitcoin didn’t have much to be happy about on Thursday. The largest cryptocurrency was fighting to remain above...

The cryptocurrency market has recorded huge losses in recent months and some experts believe there is more destruction on the horizon. Blockchain.com CEO Peter Smith believes that there is more destruction to come in the cryptocurrency space. He said this while...

A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get...

Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of...

PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia...

Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said...

Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.”...

Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform...

PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month,...

Pizza DAO, the decentralized blockchain project seeking to unite the global community of pizza fanatics with the technological potential of Web3, are celebrating Sunday’s Bitcoin Pizza Day in authentic style. On Sunday, the project will host commemorative events...

Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows. Fear & Greed Index. Source:...

The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes...

Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by market cap, negatively impacted investor confidence and the...

While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the...

Solana NFTs saw $295 million in volume during April Integration with OpenSea has boosted entire ecosystem Near-zero gas fees and low barriers to entry mean new NFT traders increasingly flocking to Solana Not Okay Bears derivative on Ethereum highlights how far Solana...

Ripple has announced it has committed $100 million in funding towards blockchain innovation meant to scale carbon removal. The funding, which will go into companies in carbon markets, is also earmarked for climate-focused fintech startups, Ripple said on Thursday....

FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S....

PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio...

Terra’s recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets, but it’s much more likely that a combination of factors are behind the start of this current bear market. At the same time that the market was...

The past thirty days have been an extremely bearish time for cryptocurrencies. The sector’s aggregate market capitalization plunged 33% to $1.31 trillion and Solana’s (SOL) downfall has been even more brutal. Currently, SOL has seen a 50% correction and...

Dubai, UAE, 19th May, 2022, Chainwire   Libera Foundation, a first of its kind data acquisition platform for Emerging Markets, has successfully secured an investment from GAINS Associates to support the launch of their new product, which will change the supply...

Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron...

Tether has released an attestation report showing that the USDT stablecoin reserves are “fully backed.” Prepared by independent accountants MHA Cayman, the attestation also shows that Tether’s consolidated assets exceed liabilities, with...

Robinhood, a popular trading platform, has announced the launch of its own non-custodial Web 3.0 wallet that will have non-fungible tokens (NFTs) compatibilities allowing users to connect to NFT marketplaces. See you on the other side https://t.co/qonXj80BEB...

Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have...

Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is...

Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about...

Following several sessions of consolidation, ETH has finally caved in, dropping below the $2,000 floor in the process. As we move towards the end of the week bitcoin also fell for a second consecutive session, with prices falling below $29,000. Bitcoin Bitcoin dropped...

Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop. In a tweet on the day, on-chain monitoring resource Whalemap defined the support levels Bitcoin bulls must defend in order...

The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing.  Top cryptos The crypto market was in the red this morning, with the majority of top 10 cryptos registering significant losses. Bitcoin was down around 3% at time...

Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto...

DeFi Land, a multichain agriculture-simulation game built on Solana to gamify Decentralized Finance (DeFi), has launched a new play-to-earn (P2E) agriculture-related game. Up to date, DeFi Land is the third largest game in terms of the market cap and yet more features...

The crypto job market shows few signs of slowing down despite high profile cases of staff layoffs and hiring freezes across big tech companies. In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional...

YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS (pronounced “Hearts”), on Bittrex Global’s IEO Platform Starting Block as the platform’s debut project on...

Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before put pay to further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Musk blasts ESG “scam” after S&P 500 exit Data from Cointelegraph Markets...

The cryptocurrency market has been underperforming in the last 24 hours, but Tron has performed positively during that period. The broader crypto market has underperformed for the second-consecutive day this week. The market has lost more than 3% of its value in the...

CoinCorner, a crypto exchange and a web wallet provider, has announced the launch of its Bolt Card.  The bolt card is a Contactless Bitcoin (BTC) card that is powered by Lightning Network (LN) and near-field communication (NFC). How Bolt Card works The Bolt Card...

Block, formerly known as Square, has expanded its focus beyond the payments ecosystem in recent months. Block CEO Jack Dorsey has told the company’s investors that they are no longer just a payments company. The company is entering the cryptocurrency and...

Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its...

The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stablecoins. The Department of Commerce (DoC) intends on publishing a series of 17...

Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about...

The token of Santos Football Club gained 8% in the last 24 hours, which have been kind to fan tokens in general.  This brief guide has everything you need to know about Santos FC Fan Token, including whether and where to buy it if you choose. Top places to buy...

The OmniDex1 DEX scraper is now live, enabling Dia to collect and aggregate market data from the OmniDEX on Telos.  Look no further than this short article for all the details about Dia: what it is, is it worth investing in, and the best places to buy Dia now....

On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to...

The crypto job market shows few signs of slowing down despite high profile cases of staff layoffs and hiring freezes across big tech companies. In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional...

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About...

A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is...