Day: July 14, 2022

NFT market worth $231B by 2030? Report projects big growth for sector

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A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the non-fungible token (NFT) market, projecting its value to swell to $231 billion by 2030. The global research and consulting firm valued the global NFT market at $11.3 billion in 2021 as part of 202 page deep dive into the burgeoning space. VMR predicted that the sector will grow at a compound annual growth rate of 33.7% over the next eight years. A key driver of demand for NFTs is their proliferation across multiple…

Bitcoin Fall: బిట్ కాయిన్ విలువ ఇంత వేగంగా కుప్పకూలడానికి కారణం ఏంటి? ఏం జరుగుతుంది? | BBC Telugu

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io క్రిప్టో కరెన్సీని వేగంగా అడాప్ట్ చేసుకుంటున్న 20 దేశాల్లో భారత్‌ నిన్నమొన్నటి వరకు 2వ స్థానంలో ఉంటూ వచ్చింది. ముఖ్యంగా భారత్‌లో బిట్ కాయిన్‌కు ఎక్కడ లేని హైప్ వచ్చింది. అయితే ఇప్పుడు దాని విలువ అంతే వేగంగా పడిపోతోంది. ఎందుకు? #bitcoinmining #cryptocurrency #economiccrisis ___________ ఫేస్‌బుక్, ఇన్‌స్టాగ్రామ్, ట్విటర్‌లలో బీబీసీ తెలుగును ఫాలో అవ్వండి. ఫేస్‌బుక్: ఇన్‌స్టాగ్రామ్: ట్విటర్: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Polygon Climbs 20% On Disney Glee

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MATIC, the native token of Polygon, is the highest performing cryptocurrency in CoinMarketCap’s top 50 list by market capitalization over the past 24 hours, with gains of about 20%. MATIC reached its highest level since early June, in the mid-$6.0 range, a day after Polygon was selected for Walt Disney’s benchmark business growth program. According to a Disney release, Polygon is one of the six organizations that will participate in the company’s 2022 Accelerator Program, a business and development initiative created to promote the expansion of creative businesses globally. Suggested…

Philippines’ digital transformation could make it a new crypto hub

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Binance, the cryptocurrency exchange, has recently acquired a virtual asset service provider (VASP) license from the Bank of Spain in order to operate in the country. In its ambitious expansion plans that the cryptocurrency exchange is persisting despite the global jump and market slump in the cryptoverse, there is another country that Binance is looking toward — the Philippines. In June, the CEO of Binance, Changpeng Zhao, stated in a press briefing in Manila that the exchange is looking to obtain a VASP license in the Philippines. In addition to…

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban – Regulation Bitcoin News

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A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint in Europe, suggesting a ban on proof-of-work mining is probable. Growth of Stablecoins, Defi Warrants Regulation and Supervision, ECB Says Crypto-related financial risks, those associated with stablecoins and defi platforms in particular, as well as the threat to climate transition goals blamed on energy-intensive methods of crypto mining, are in…

Congreso de Brasil pospone proyecto de ley cripto hasta las elecciones presidenciales de octubre

La Cámara de Diputados, por su parte, no ha llegado a un consenso sobre un texto final, ya que el diputado Expedito Netto (PSD-RO), encargado de presentar el proyecto de ley en la Cámara Baja, eliminó dos artículos del proyecto original del Senado. El primer artículo eliminado requería que los exchanges mantuvieran sus activos separados de los de los clientes, mientras que el segundo exigía que los exchanges estuvieran inscriptos en el Registro Nacional de Entidades Jurídicas (CNPJ, por sus siglas en portugués) para poder solicitar una licencia. Source BitcoinBrasilCongresocriptocryptoexchangeeleccionesExchangeshastaLasleyoctubreposponepresidencialesproyecto…

BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams

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BNB Chain has launched a new platform, DappBay, to discover new Web3 projects with a novel feature called Red Alarm. The new alarm assesses project risk levels in real time and alerts users of potentially risky decentralized applications (DApps), according to a Thursday announcement. Red Alarm is a contract risk scanning tool offered by DappBay that helps users identify high-risk projects to protect their investments from rug pulls and scams. Users can check if a contract address has logical flaws or fraud risks by entering it into the Red Alarm feature.…

ARGO BLOCKCHAIN PLC – Post AGM Q&A

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io To be informed of all ARGO BLOCKCHAIN PLC’s upcoming presentations, register at InvestorMeetCompany: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version