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Blockchain
Weekly Crypto Market Performance Review Amid FTX Implosion
The digital currency ecosystem is trading with massive volatility that was engineered by the collapse and eventual bankruptcy of the FTX derivatives exchange over the past week. The combined crypto market cap has slumped to $837.47…
Cardano Chief Says He’s Not Retiring Anytime Soon
In a recent video he titled "Birthday Musings", Charles Hoskinson, founder of the blockchain platform, Cardano has said he is not retiring anytime soon. He feels there is a lot at stake, hence leaving the company now is not the right…
Brazilian City of Porto Alegre Formally Makes Room for Bitcoin Pizza Day
A Bill has formerly been passed to recognize May 22 as Bitcoin Pizza Day in the city of Porto Alegre in Brazil. Sebastiao Melo, the mayor of the city, is credited with having approved the law around the end of August.
A tweeter user…
Bitget Announces New Partnership with Football Legend Lionel Messi
Bitget, one of the world’s fastest-growing cryptocurrency exchanges platforms for trading crypto derivatives has announced a collaboration with Argentina football star and winner of seven Ballon d’Or Awards, Lionel Andres Messi in a news…
Budweiser Releases Virtual Scoreboard NFTs Ahead of World Cup in Qatar
Multinational beer company Budweiser and the international football governing body FIFA have created an intriguing method for football fans to experience the world cup, with the introduction of the "Budverse x FIFA World Cup."
Budweiser…
Huobi To Be Acquired by Hong Kong-Based VC Firm About Capital
Huobi Global announced on Friday that it has agreed to be bought by Hong Kong-based investment company About Capital Management's M&A fund.
Leon Li Lin, the Chinese founder of Seychelles-based cryptocurrency exchange Huobi Global, is…
Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO
There has been panic in the digital space amidst rumors of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin (WBTC) from MakerDAO with an address labeled as Nexo Ox8fd.
This comes just a few days after market analysts…
Coinbase Sued over $350M in Damages Due to Patent Infringement
The digital currency exchange platform Coinbase Global Inc. has been sued by Veritaseum Capital LLC over patent infringement in the Delaware Federal Court.
Coinbase is a publicly traded company in the United States that supports a…
Michael Saylor Supports Bitcoin as a Valuable Asset in the Digital Space
Michael Saylor the CEO of MicroStrategy Inc. stated that Bitcoin (BTC) is a better tool for trade compared to the use of other physical instruments.
He highlighted the challenges that come with physical commodities like gold, stocks, and…
Meta Platform’s CEO Gets Probed by Senators on Crime Combating Measures on its Apps
The data received from the Federal Trade Commission (FTC) has shown a high increment of crypto scams on social media.
To this effect, a group of U.S Senators wrote a letter to Meta Platform’s CEO, Mark Zuckerberg on Thursday to inquire…