Day: October 28, 2022

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Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series – Blockchain Bitcoin News

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As fans prepare for game one of the World Series between Major League Baseball’s (MLB) Philadelphia Phillies and the Houston Astros, the candy and collectibles firm Topps released the company’s 2022 NOW MLB Postseason non-fungible token (NFT) collection. The MLB Postseason NFT collection is being released in three drops via the Topps NFT marketplace. Topps Drops 2022 NOW MLB Postseason NFT Collection Topps has introduced a number of NFT collections during the last two years and prior to the upcoming World Series, the company dropped the 2022 Topps NOW MLB…

El CEO de Binance confirmó su participación como inversor en la compra de Twitter

“Estamos emocionados de poder ayudar a Elon a implementar una nueva visión para Twitter”, dijo en un email el fundador de Binance, Changpeng Zhao. “Nuestro objetivo es desempeñar un papel para unir a las redes sociales y a la Web3 y así poder ampliar el uso y la adopción de las criptomonedas y de la tecnología blockchain”. Source BinanceCEOCómocompraconfirmóinversorParticipaciónTwitter CryptoX Portal

24 Exchange Sees Record Forex NDF Trade Volumes in October

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24 Exchange, a Bermuda-based multi-asset trading platform launched in 2019, saw record daily and weekly records in forex non-deliverable forwards (NDFs) in October 2022. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. The platform posted a record daily forex NDF trade volume of $1.476 billion on October 21 and a record weekly FX NDF trade volume of $1.175 billion between October 17-21, 2022, the company disclosed on Friday. “During three of the…

Is Zuckerberg’s $100B metaverse experiment doomed to fail?

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Not everyone is convinced that Mark Zuckerberg’s massive metaverse experiment is a good idea. Since Facebook rebranded to Meta in 2021, the social media giant’s focus has increasingly shifted to connecting the digital and physical worlds through augmented reality. However, a shareholder of the company recently issued a letter to the CEO calling the metaverse investment “super-sized and terrifying.” It didn’t take long for those concerns to be justified. Meta published its third-quarter financial results after the bell on Oct. 26 and, perhaps unsurprisingly, its metaverse division underperformed. Meta’s Reality…

Self-sovereignty in the creator economy and Web3 — Is there room for both?

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On Oct. 28, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Web3 content writer, Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.  Plavnik references author Gavin Wood when describing Web3 and says that “communication” is a core tenant in the subsequent iteration of the internet. “Web3 is the communication of encrypted channels between decentralized identities,” Plavnik affirms. According to Plavnik, the emerging concept of Web3 placed a magnifying glass on user data and ownership, especially concerning…

Troubled Bitcoin Miner Core Scientific’s Shares Continue to Plunge on Bankruptcy Risk

The stock garnered multiple analyst downgrades this week owing to the miner’s financial concerns. Most recent was Barclays, who cut the stock to equalweight from overweight, and its price target by 92% to $0.25 from $3. “We are moving to the sidelines as we await further clarification on strategic alternatives and potential capital structure changes,” Barclays analyst Ramsey El-Assal wrote in a research note to clients. Another Wall Street investment bank BTIG lowered the stock’s rating to neutral from buy on Thursday, echoing similar sentiment. Source

Staggering $1,520,000,000 in Bitcoin Exits Crypto Exchanges in 24 Hours: IntoTheBlock

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New data from crypto analytics firm IntoTheBlock shows tens of thousands of Bitcoin (BTC) tokens worth more than $1 billion left crypto exchanges in a single day. According to IntoTheBlock, the more than 70,000 Bitcoin tokens valued at $1.52 billion that left exchanges in the past 24 hours is the largest outflow in six months. “Bitcoin just recorded its largest net outflow from exchanges in six months. Over 70,000 BTC worth $1.52 billion left exchanges on October 26.” Source: IntoTheBlock Large amounts of Bitcoin outflowing from exchanges can indicate a…