CRYPTO

Bank of England Governor Andrew Bailey has expressed concern over rapidly emerging cryptocurrency assets, stating that they could be dangerous for regulated financial firms.

One artist reported that all of his artworks posted on DevianArt were stolen and some were being sold on a popular platform as NFTs.

"It probably isn't a financial stability risk today but it has all the makings of something that could become one," Andrew Bailey said.

The new NFT marketplace is centered on gaming NFTs.

Decentralized venture capitalism is powered by blockchain technology, enabling fundraising that allows many non-accredited investors to back startups worldwide and it can benefit society in several significant ways.

Why are some NFTs worth millions of dollars?

Most of the top cryptocurrencies were trading in the red as Bitcoin and Ethereum continued to fall below expectations.

“Even though it was created as a silly joke, Dogecoin is better suited for transactions. The total transaction flow that you do with Dogecoin is … transactions per day has much higher potential than Bitcoin," Elon Musk said.

Bitcoin's fall has further dampened sentiment as investors were eyeing the $47k support level, hoping the king would bounce back and breach the $53,000-level resistance. 

Rich Bernstein has said cryptocurrencies make up the biggest bubble ever in the financial industry.

Reeves broke into laughter in an interview with the Verge when asked about NFTs and the Matrix NFT sale comprising 100,000 tokens.

The world can now listen to what the deadly COVID-19 virus sounds like.

A press release supposedly from Cheems Inu raises some red flags for investors.

The TVL-to-market cap ratio shows that the token is overvalued when compared to those like Ethereum.

Financial services firms see the opportunity to help businesses in the blockchain industry get started, but what are the risks that are holding them back from participating in this vibrant industry?

Indian Prime Minister Narendra Modi's Twitter account was hacked Sunday with a message declaring his country had adopted bitcoin as legal tender and was distributing the cryptocurrency to citizens.

The government of India may release a wallet which will operate much like a demat account.

The new crypto was born out of a hearing in the U.S. Congress on cryptocurrencies.

"The day Ubisoft decided they might as well go full evil," one user said after seeing the announcement video of Ubisoft Quartz.

Bitcoin remains bearish, dropping below $48,000 as the market cap of the global crypto market cap dropped by 4.96% in the last 24 hours.

Meta's Novi Wallet will be integrated with WhatsApp to provide cryptocurrency payments in terms of USDP or Pax Dollars which is rolled by Paxful.

Florida Gov. Ron DeSantis (R) announced state businesses will be able to pay state fees in cryptocurrency in 2022 in an effort to grow the crypto market in the state of Florida.

NFTglee is back with another non-fungible token series, launching around 1,111 Glee tokens which will provide great opportunities to their owners.

Lowe said the release of a CBDC by Australia's central bank does not have a time frame, and that it could be "quite a few years."

Data tweeted by Glassnode shows that the world's biggest cryptocurrency, Bitcoin, remains bearish, and some key indicators show investors remaining in the sidelines.

Visa will launch a new service that will help guide clients throughout the world of cryptocurrency, the company announced Wednesday. 

The executives testified before Congress on Wednesday, with many writing pre-written statements to the governing body.

The chairman of Starwood Capital Group, Barry Sternlicht, claims that Bitcoin will reach $1 million in the coming years and is a "great hedge" in case the U.S. dollar gets devalued.

Ubisoft introduces Quartz and Digits on "Ghost Recon Breakpoint."