Bitcoin investors ‘relatively profitable’ even as the bull market takes a pause
A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles.
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The Metaverse is quickly becoming one of the most important places for companies and individuals looking to expand their reach. New findings from research firm MarketsandMarkets predict that the Metaverse market size will grow from $61.8 billion in 2022 to $426.9 billion by 2027. In addition, a recent report from Juniper Research links nonfungible token (NFT)…
Indian Ministry Reveals Investigations Into Bitcoin Businesses
A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered by Minister of State for Finance and Corporate Affairs Anurag Thakur on…
Apple May Remove Coinbase’s Mobile DApp Browser from App Store
After Google removed Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple may now force Coinbase to remove the DApp browser feature from its crypto wallet application.According to a Reddit post published on Dec. 28, United States-based cryptocurrency exchange Coinbase warned its users that in order to comply with Apple’s mobile App…
Former Square, Coinbase execs raise $58M for Bridge stablecoin network
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.
New NFT private auction scam threatens OpenSea users
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Bahamian government hopes to allow residents to pay taxes with digital assets in 2022
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. 185 Total views 4 Total shares Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or…
FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials. 164 Total views 3 Total shares The former and current CEOs of the bankrupt FTX cryptocurrency exchange have been pressed by the chair of a…
Scalability on Blockchain: Is There a Solution?
It’s one of the biggest challenges facing blockchain and crypto — a hurdle only the industry can solve. Without a solution, even CEOs from major global exchanges fear that mass adoption will never be achievable.Scalability is the long-running thorn in the side of this fledgling technology, which is still relatively young and has yet to…