Does the metaverse need to be on the blockchain? Execs weigh in
Imaginary Ones co-founder Clement Chia believes that simply adding blockchain to the metaverse doesn’t solve its “purpose” problems.
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Dubai’s crypto regulator cracks down on unlicensed firms
Dubai’s Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations.

Coincheck Reopens New Signups, Deposits and Withdrawals of ‘Some’ Cryptocurrencies
Monex Group, the Japanese internet broker that purchased hacked cryptocurrency exchange Coincheck, announced it had reopened new account signups and limited trading in a statement Tuesday, Oct. 30.The latest phase of a step-by-step reboot of Coincheck, Monex added users could also begin depositing and purchasing certain cryptocurrencies.“...Here we announce that Coincheck has resumed ‘new account…

Valued at $4.3B, NFT platform Sorare to invest in women’s sports
“We believe that NFTs can significantly accelerate the development of women’s sports,” Sorare CEO Nicolas Julia told Cointelegraph. 35 Total views 1 Total shares Following a $680 million funding round, nonfungible token (NFT) marketplace Sorare is looking to be an active player in bridging the gap between sports and digital entertainment.Now valued at $4.3 billion,…

Stablecoin volumes surpassed Visa and Mastercard combined in 2024
Stablecoins’ role as the lifeblood of crypto trading and DeFi outweighs their use case for savings and remittance, CEX.io’s lead analyst said.

Huobi confirms 20% layoffs, denies insolvency rumors
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover. 1363 Total views 40 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTHuobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing…

Record fundamentals and a $12K pump: 5 Bitcoin price tips this week
Bitcoin (BTC) starts a new week in familiar territory as markets move into the United States’ 2020 elections — where could it go next?Cointelegraph takes a look at five factors that could influence BTC price action in the week ahead.U.S. macro: Elections vs. stimulusThe U.S. is the firm focal point when it comes to macro…

Counterparties Could Foot the Bill For $416 Mln BTC Futures Trade Shortfall on OKEx
Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its…

Bitcoin ‘coiling’ up for a huge move as it hovers around $71K
Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction.