While investors are delighted of the development, some wonder if this is sustainable.
Crypto lender Vauld said that it is currently undergoing forensic and financial audits.
The crypto market turned red Tuesday as the majority of cryptocurrencies bled profusely and Bitcoin lost the $20,000 price level.
In a recent MLIV Pulse survey, the majority of the Wall Street investors said Bitcoin has more chanes of falling to $10,000 in the near future.
GameStop has debuted a non-custodial NFT marketplace which has been built on Ethereum Layer 2 (L2).
The GameFi model is a potent attraction, with some gamers earning meaningful incomes from play.
The Financial Stability Board (FSB) said on Monday it would propose "robust" global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate the "speculative" sector.
Chelsea Manning supports the technology behind Bitcoin and believes that it can be used to store information but added that she is not in support of BTC being used for payments.
The crypto market saw a decline in prices of major cryptocurrencies as BTC and ETH failed to break above $22,000 and $1,200 resistance zones respectively.
A Solana investor has filed a lawsuit against Solana Labs and also mentioned Multicoin Capital Management LLC and its co-founder Kyle Saman along with FalconX for dumping the SOL token on investors.
Bitcoin wallets with holdings between 10-100 BTC added an additional 52,000 BTC in the month of June when BTC dropped below $18,000 for a brief moment.
Because assets are tokenized and freely exchangeable, this creates a unifying foundation for a wider, more organic and equalizing ecosystem — a multiverse of metaverses.
Where Bitcoin is headed next.
Recent upheaval in the cryptocurrency markets shows the sector is subject to similar risks as conventional investments, underscoring the need for regulation to protect against the "false allure" of a quick profit, Federal Reserve Vice Chair Lael Brainard said Friday.
A report directs President Biden on how to work within international allies to regulate digital currencies and assets.
Kusama assured the community that while the development of "Shib: The Metaverse" is "slower" than they would have wanted, they are "hoping for announcements as soon as contracts get sorted."
Following the multi-million "Axie Infinity" hack, developer Sky Mavis increased the number of validator nodes to 11 and noted that one of its long-term goals is to have over 100 validator nodes.
OpenSea houses 10,325 NFT collections based on the research conducted by Meta Generation in March.
The crypto market opened on a bullish note and almost every cryptocurrency was in the green as Bitcoin and Ether rose by 8% and 7%, respectively.
Jason Stone, the founder of KeyFi, has filed a lawsuit in a state court in New York against Celsius and claims that the firm lied to it and owes significant money to the DeFi aggregator.
Binance.US has hired Jasmine Lee, who was earlier also an executive at PayPal and Acorns, and is now gunning for an Initial Public Offering (IPO).
Social networking platform Reddit plans to debut an NFT marketplace which will allow users to buy avatars or profile pictures for a fixed amount.
TREAT is a "huge step in the final landing of this massive project to full decentralization," Kusama said.
Bitcoin's price has undergone dozens of corrections and rallies to cement itself as the largest cryptocurrency by market cap.
The pseudonymous lead developer acknowledged investors' concern about stablecoins following the catastrophic collapse of TerraUSD UST.
The crypto market on July 7 opened on a bullish note as Bitcoin once again rebounded from the $19,000 price level while Ethereum made a move toward $1,200.
One of the after-effects of the Terra collapse is the newly established cooperation of the United States and South Korea concerning investigations related to financial crimes, particularly in the cryptocurrency industry.
For Kusama, Ryoshi's plan "is a strong one that will outlast most issues as it is rooted in true ethical prospects of giving power to 'the people'."
The Boring Company founded by Elon Musk will support Dogecoin (DOGE) payments and has launched a way for customers to pay via DOGE for rides in the Loop.
Ethereum scaling solution Polygon aims to bridge the gap between smartphone users and Web 3.0 and has partnered with phone maker Nothing for the same.