Day: December 22, 2021

NFT Platform Para Announces Launch, Tokenomics & More

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Over the last twenty years, there have been regular changes and developments in different aspects of the showbiz and entertainment industry. People have moved from buying CDs to downloading mp3 files of songs to watching music videos on YouTube. These changes have brought with them some negatives like the massive decrease in revenue for the artists as many of these digital versions of music are pirated and mostly copied into as many different versions as possible. This has gone on for years now but solutions are popping up for this.…

Did Coinbase CEO Steal a Blockchain Startup’s Work? This Lawsuit Alleges so

Brian Armstrong is currently being accused of stealing the works of blockchain startup MouseBelt Labs, which invested in Knowledgr, an academic research platform designed to reward participants in cryptocurrencies.  Per a lawsuit filed by MouseBelt with the Superior Court of the State of California recently, Armstrong was accused of stealing the works it invested in Knowledgr as a way to quash the platform’s competition over his own personal secret project, ResearchHub, which offers a similar operational model. According to the claims filed, Armstrong offered an opportunity to Knowledgr founder Patrick Joyce…

Bitcoin Gains Momentum, Why Rally Isn’t Over Yet

Bitcoin started a fresh increase from the $45,500 zone against the US Dollar. BTC is rising and there could be a strong move above the $50,000 resistance. Bitcoin started a fresh increase above the $48,500 resistance zone. The price is now trading above $48,000 and the 100 hourly simple moving average. There is a key rising channel forming with support near $48,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate further higher above the $50,000 resistance. Bitcoin Price Extends Recovery Bitcoin price…

MetaMall Successfully Completes Seed, Strategic and Private Sale Rounds raising $4.6 million from crypto heavyweights

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MetaMall just as the name implies is a Mall in the Metaverse where three of the world’s biggest technologies right now (VR, NFTs and DeFi) converge. This is a virtual space where users can buy, sell and lease virtual Real Estate, build and sell Real Estate as NFTs, organize and host virtual games, events and galleries amongst other things. Users can also engage with some of the biggest brands in the commerce, business and entertainment industries from the comfort of their homes. Token holders of MetaMall will be called Metamallers…

Why The Crypto Downtrend Could End On New Year’s Eve

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Is the China ban to blame for the recent Bitcoin sell-offs that brought down the whole crypto market? That is the prevalent theory. As the main exchanges close their operations in mainland China, the citizens have been fearfully selling their assets. They don’t know if they’re going to be able to transact or even sell their cryptocurrencies in the future, so they’re going back to the Yuan. And we have charts from Arcane Research and a carrot to prove that.  Related Reading | Is This The Reason China Banned Bitcoin…

100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation – Regulation Bitcoin News

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More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border nature of the transactions,” said the country’s central bank, the Monetary Authority of Singapore (MAS). Tough Crypto Regulation in Singapore Since Singapore began regulating the crypto sector earlier this year, about 170 companies have applied for a license to offer “digital payment token services,” which include crypto-related services.…

Solana DeFi Goes Stratospheric as Hubble Protocol Announces $3.6M Raise

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The decentralized finance (DeFi) project Hubble Protocol has recently closed a seed funding round that raised $3.6 million. This early support for Hubble comes from several major and influential names in the crypto industry who are key players working to expand DeFi on Solana, which is currently the world’s fastest blockchain. Participants in Hubble’s early private round include Jump Capital, Delphi Digital, CMS, Mechanism Capital, Spartan, DeFi Alliance, Three Arrows / DeFiance Capital, Digital Strategies, and Decentral Park Capital. Each of these backers has thrown their weight behind Hubble as…

Blockchain enables enterprise business models in the Metaverse

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Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum to conduct business.  Fast forward to 2021 — enterprises are now applying decentralized concepts to create more efficient workflows in the Metaverse. William Herkelrath, head of business development at Chainlink Labs — a decentralized oracle network — told Cointelegraph that while the Metaverse is hard…

Donald Trump Says Crypto Is ‘Very Dangerous’ — Warns of ‘Explosion Like We’ve Never Seen’ – Featured Bitcoin News

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Former U.S. President Donald Trump says that crypto is “a very dangerous thing.” Commenting on cryptocurrencies, he warned of “an explosion someday” that will “make the big tech explosion look like baby stuff.” He also talked about his new social media platform, Truth Social, and his wife’s non-fungible token (NFT) venture. Former US President Trump Warns of a Massive ‘Explosion,’ Stating that Crypto Is ‘Very Dangerous’ Donald Trump commented on cryptocurrency, his wife’s non-fungible token (NFT) endeavor, and his new social media platform, Truth Social, in an interview with Maria…