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Meta’s Web3 hopes face challenge of decentralization and market headwinds
Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.
Crypto Quant Data Hints An Imminent Bitcoin Price Rally, Will It Be Strong?
The beginning of 2022 has been rocky for the world’s largest cryptocurrency, Bitcoin. Many experts believe the digital token will eventually hit the $100K price. For them, this is not a case of if but when. Deutsche Bank also reported that some Bitco...
DappRadar explains why it counted less than 40 active users on Decentraland
DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000.
Binance exchange burns $547M worth of BNB tokens
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady.
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.
Bitcoin price threatens $19K support ahead of 'most hyped' CPI print
Nerves are showing on the market after several days of Bitcoin "stuck" in a tiny trading range.
Bank of China: Digital yuan transactions volume crossed $14B mark
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
Offchain Labs acquires Ethereum core dev team Prysmatic Labs
Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations.
Couple sent $10.5M by Crypto.com claim they thought they won a prize
The duo allegedly went on a spending spree with Crypto.com’s funds, buying four houses, vehicles, art, furniture and gifts, but 7 million AUD has now been returned.
STEPN to sack 100 staff as players step away from the move-to-earn app
The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency market conditions.