• January 21, 2022

Russian Celebrity Joins The $TON Campaign Effort As Brand Ambassador

Russian rapper and Youtube vlogger, Morgenshtern has been signed on as one of The Open Network (TON) prime ambassadors for their crypto blockchain project. The internationally famous Russian national is now one of the forerunning crypto celebrity ambassadors. His membership on $TON is now backed by a purchase of about $130,000 worth of Toncoim. Morgenshtern’s…

Read More

Ethereum Price Deflation Imminent As ETH Burn Rate Eclipse Supply For The Fifth Day In A Row

Spike in congestion on the Ethereum blockchain network has seen ETH burn rate rise to eclipse its supply in the network. The second most valuable cryptocurrency is fielding signs of deflation as its burn rate in the network has exceeded supply for the fifth consecutive day this week. Crypto industry boom post-Covid-19 has led to…

Read More

Bitcoin Vetoes Analysts Predictions, Price Move In Line For Short Bullish Run As The US Dollar Scrambles

In line with Monday’s analysts’ predictions for Bitcoin’s price action should it fall below $40,000, Bitcoin is now gearing up for a short-term Bullish reversal from the five-month all-time low of $39,000 it hit yesterday on Tuesday. In the early hours of Monday, analysts predictions leverages on Bitcoin’s price chart small moving average (SMA) indicator…

Read More

Omicron Impacts Economic Growth Globally As Service Providers Continue To Struggle

Economic growth globally has hit a major roadblock and has been struggling since late last year, in December, as the new wave of Covid Omicron variant has reduced productivity globally as infection rates increase and casualties continue to rise. The first wave of the pandemic that took the world in a storm in 2019 saw…

Read More

PayPal To Venture Into Stablecoin Payment Gateway

Global fintech firm and online payment platform Paypal has reportedly initiated its plans to develop its proprietary crypto stablecoin coined the PayPal coin. The discovery came from famous iPhone app developer Steve Moser who earlier this week revealed that he had stumbled on a source code on a mobile app for iOS. The source code…

Read More

3space Art Connects Blockchain-based Digital Art With Reality

JPEGs were offered for millions of dollars in 2021, and regular marketplaces joined in to trade the tokenized art and receive cryptocurrencies. Non Fungible Tokens are digital assets that portray rights of online items such as artworks, software, and media, and they store their key data on the blockchain, making them one-of-a-kind. According to Dapp…

Read More

IRS Chief Predicts Crypto Seizures Totalling Billions of Dollars Next Year

Speaking to the media, IRS Chief, Jim Lee, claimed that the federal regulator is going to confiscate billions of dollars from the cryptocurrency market and traders in 2022. Commenting on the matter of crypto regulation, he claimed that 2021 was a great year for the organization. Chief Lee told Bloomberg Crypto that during the ongoing…

Read More

Meta’s Cryptocurrency Head Is Leaving the Company At This Year’s End

Meta’s fintech unit and crypto’s head, David Marcus, will resign from his position at this year’s end. The new face on his place will be Upwork’s former CEO, Stephane Kasriel, who has been previously providing services at Facebook (former name of Meta) since August recent year. Marcus shared his decision on 1st December via a…

Read More

Ethereum2.0 Developers Ask the Community’s Help To Test the Network Merge

The developers of ETH (Ethereum) have invited the network’s community to assist in testing the long-expected Merge among Beacon Chain, which is based on PoS (proof-of-stake), and Etherem mainnet. The Merge counts to be a prominent landmark towards the evolution in the direction of Eth2 because it will witness the transition of the Ethereum network…

Read More

Self Mining Firm Griid Is Planning Its Listing On NYSE

Adit Ed Tech Acquisition Corp, known as a SPAC (special purpose acquisition company), intends to acquire self-miner for Bitcoin (BTC) from Griid Holdco, as disclosed by the companies on Tuesday. The scheduled transaction considers the combined firm, including debt. Up to $246M will be received by the mining firm in cash provided by the trust…

Read More