Month: August 2022

Mergers and Acquisitions Innovation for DeFi and Web3 Pushed Forward, Crypto Collapse Phoenix – Sponsored Bitcoin News

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sponsored In 2021, the global cryptocurrency market was valued at US$ 1,782 Billion. Sectors like DeFi and NFTs allowed individuals to earn high yields on their investments and create unique collectables as web3 introduces decentralized and permissionless ownership of assets to individuals. Acquire.Fi is creating the first-of-its-kind Mergers and Acquisitions (M&As) marketplace for web3, crypto, blockchain, and NFT companies or IPs. The platform is equipped with crowdfunding and fractionalized ownership through NFTization. The project is steadfast in enabling all investors to participate in wealth-building M&A opportunities using cryptocurrency. A Platform…

Crypto Custody Firm Fireblocks Adds Support for Solana Blockchain’s DeFi, NFT, Gaming Apps

Fireblocks connects to some 35 blockchain networks and works with an array of Web3 companies including Animoca, MoonPay, Xternity Games, Griffin Gaming, Wirex and Utopian Game Labs. The latest Solana integration uses WalletConnect V2, a protocol for bridging decentralized apps, upgraded to securely enable vault connections to non-EVM chain dApps, according to a press release. Source link

Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600

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Ethereum is feeling the pressure this early, with trading volume at the receiving end and impacting the price of ETH. A major event in the crypto industry, The Merge is eagerly anticipated by many. By combining with the Beacon Chain, Ethereum will implement a system based on proof-of-stake. This system will significantly reduce Ether’s energy consumption. Despite the Merge’s promises of a new tomorrow for Ethereum, investors continue to have poor faith in the currency. The price of ETH plummeted significantly below the $1,500 support line on August 28 and…

Elon Musk Sends Second Letter Terminating Twitter Acquisition

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BTC price top warnings emerge as 10K BTC leaves wallet after 9 years

Bitcoin (BTC) hodlers are asking questions after 10,000 BTC dormant since 2013 suddenly left its wallet. On-chain data flagged on Aug. 28-29 confirmed a large tranche of Bitcoin had become liquid again after nearly a decade. “Lawless era” Bitcoin hit the road Analysts first began to notice curiously high transaction volumes this weekend as 5,000 BTC was included in a block. Having stayed in the same wallet since 2013, the funds, the owner of which remains unknown, were soon joined by a near identical 5,000 BTC a day later. In total,…

The Federal Reserve Just NUKED Crypto Markets! Selling Everything And Running..

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰WIN FREE CRYPTO SIGNING UP TO MEXC WITH MY LINK 💰: The Federal Reserve Just NUKED Crypto Markets! Selling Everything And Running.. Become A Member Of My Channel! – JOIN THE CRYPTO KINGDOM ❤️‍🔥 🎵My TikTok: 🐦My Twitter: 🗨️My Discord: WHO AM I? 👑 I am CryptoKing and on this channel I cover crypto news and NFT projects! Please remember to like and subscribe to support my content if you enjoy it 💜 DISCLAIMER: The videos on this channel are for education…

ICO acting against eight individuals over alleged theft of road traffic accident data from garages

The Information Commissioner’s Office (ICO) has commenced criminal proceedings against eight individuals over the alleged unlawful accessing and obtaining of people’s personal information from vehicle repair garages to generate potential leads for personal injury claims. The alleged activity took place across the UK between 1 December 2014 and 30 November 2017. The defendants are alleged to have conspired together to access and obtain the personal data of hundreds of thousands of individuals without the consent of the companies concerned. The defendants will now face prosecution for conspiring to commit an…

Nigerian Central Bank Slashes CBDC Transaction Fees by 50% – Africa Bitcoin News

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The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC will bolster Nigeria’s cross-border trade volumes. Boosting E-Commerce Transaction Volumes In yet another move aimed at boosting the embrace and adoption of the e-naira central bank digital currency (CBDC), the Central bank of Nigeria (CBN) reportedly said it will slash…

Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto

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Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in United Arab Emirate’s (UAE) mainstream corporate sector, Binance partnered with business lender Virtuzone, allowing new entrepreneurs to repay loans using cryptocurrencies. Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies after integrating Binance Pay into its payment gateway. In addition, by providing businesses the option to repay seed and other forms of…