Day: September 5, 2022

Big Names Enter Metaverse | Blockchain News

Since JP Morgan has purchased virtual land in Decentral Land, more and more financial institutions have gradually entered the Web 3.0 market, such as HSBC has brought land size 3 x3 lands in Sandbox, Hang Seng Bank, Standard Chartered Bank, the Ocean Park and MTR. South China Morning Post has built up its Central Pier metaverse Game. Why do so many big names have entered the Metaverse? The answer is Fear of Missing Out. Mr Jamie Dimon, CEO of JP Morgan, is not crypto and a digital asset-friendly guy and…

Nigeria, Binance in early-stage talks for crypto-friendly economic zone

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The Nigerian government has held a preliminary meeting with crypto exchange Binance to potentially establish a special economic zone aimed at supporting crypto and blockchain-related businesses. According to a Sept. 2 post from the Nigeria Export Processing Zones Authority (NEPZA), the authority has held preliminary talks with Binance and technology infrastructure company Talent City to discuss the proposed digital city, referred to as a “Virtual Free Zone.” NEPZA managing director Adesoji Adesugba said the proposed zone will be a first in West Africa and act similar to Dubai’s virtual zones,…

ETHEREUM [ETH] PRICE PREDICTION 2022 – ETHEREUM HONEST ANALYSIS – SOULD WE BUY ETH! CRYPTO NEWS

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Ethereum Price Close To The Critical Support Level, Further Downside Could Be A Possibility

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Ethereum price has been trying to secure small gains over the last 24 hours. In the past week, the king altcoin brought home gains which were close to 6%. At the current moment, however, the coin was mostly moving laterally. Ethereum price had also broken below its head and shoulder pattern as seen in the chart below. This pattern is related to bearishness. In accordance, the buyers were low in the market. The technical outlook also continued to look weak on the one-day chart. Broader market weakness has caused many…

Coinbase CFO: Customer assets are 'absolutely safe'

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase CFO Alesia Haas sits down with CNBC’s Andrew Ross Sorkin to address concerns over a bankruptcy disclosure the company released this week. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast…

Bitcoin Price Stuck In Range, Why BTC Is Still At Major Risk of Breakdown

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Bitcoin is struggling to settle above $20,500 against the US Dollar. BTC could decline heavily if there is a clear move below the $19,500 support zone. Bitcoin is stuck near the $20,000 zone and trading below the $20,500 resistance. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There is a short-term rising channel forming with support near $19,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a clear move below…

NFT NYC 2022: A look inside a massive NFT conference

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NFT NYC 2022 was filled with emerging NFT projects and industry experts. Cointelegraph senior reporter Rachel Wolfson spent a day exploring NFT NYC 2022 to learn about emerging nonfungible token projects,or NFTs, and how the sector may advance. A recent market report published by Verified Market Research (VMR) predicts that the NFT market could reach a value of $230 billion by 2030. NFT NYC 2022 certainly demonstrated the potential of the NFT sector, highlighting some of the most promising use cases and industry experts.  For instance, Camila Russo, founder of…

Bill Murray’s wallet hacked, FIFA’s tokenized highlights, Muse tops charts, and more…

Popular comedic writer and actor Bill Murray had his Ethereum wallet hacked for around 110 Wrapped ETH (wETH) worth $172,000 late last week. The auction for the The Bill Murray 1,000 NFT drop was just coming to a close on Thursday Sept. 1, having generated a total of 119.2 wETH worth of sales as part of a charity fundraiser for Chive Charities. However hackers were reportedly watching Murray’s wallet all day, and pounced to swipe nearly all of the funds as the sale came to a close. While it is…

Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Markets and Prices Bitcoin News

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Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional wisdom.” David Rubenstein Bullish on Crypto Billionaire investor David Rubenstein, co-founder of the Carlyle Group, one of the largest investment firms, shared his cryptocurrency outlook in an interview with CNBC Thursday. Responding to a question about whether he is bullish on cryptocurrency, the billionaire explained: I’m bullish in the sense…

NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited

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In an ironic twist, Rug Pull Finder (RPF), a nonfungible token (NFT) watchdog focused on identifying Web3-based fraud has fallen victim to a smart contract exploit of its own. According to the NFT investigator’s post on Twitter on Sept. 2, two people exploited a technical flaw in the project during the free mint stage — pilfering 450 NFTs out of a possible 1,221 which were intended to be limited to one per wallet. As discussed on our Twitter space’s earlier today – We messed up. We messed up big. Our…