Fantom bets on ‘safer memecoins’ with launch of $6.5M dev fund
Fantom Foundation CEO Michael Kong hopes the blockchain can “replicate the success” of its peers by getting in on the memecoin hype.
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US lawmakers call on Mark Zuckerberg to address ‘breeding ground’ for crypto scams: Report
A Federal Trade Commission report from June identified Facebook, Instagram and WhatsApp among the top platforms for crypto fraud originating on social media. 805 Total views 55 Total shares A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing…
China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline
Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with reference to the cryptocurrency mining pool F2Pool.Cryptocurrency markets experienced widespread decline throughout last week, with Bitcoin (BTC) declining to as low as $4,300…
India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD
The Ministry of Finance of India continues to form a careful position on private cryptocurrencies. 354 Total views 2 Total shares The Minister of Finance of India, Nirmala Sitharaman, has given a ray of hope for the Indian cryptocurrency community, as more fear, uncertainty and doubt circulate regarding a supposedly impending ban on digital assets. In…
NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report
Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found. According to a Sept. 21, Chainalysis post titled “Crypto Adoption Steadies in South Asia, Soars in the Southeast,” NFT-related actions accounted for 58% of all web traffic going to cryptocurrency services from this…
How cross-chain games are giving users the first look at a metaverse
Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of "the metaverse" is typically depicted as actual and augmented reality-based in a virtual world. Most recognize this concept since it is present in several fictional movies of dystopian futures like Ready, Player,…
CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision
Crypto analyst and host of CNBC’s show Cryptotrader Ran Neuner has claimed that the price of Bitcoin (BTC) is “about to explode” in a recent tweet October 7.Neuner expressed his utmost confidence in an upcoming surge in Bitcoin’s price by noting “I just bought Bitcoin for my parents” in the same tweet. A notable rally…
Bitfury to Launch Bitcoin Mining Centers in Paraguay With New Partnership
Blockchain tech firm and Bitcoin (BTC) mining manufacturer Bitfury plans to launch several mining facilities in Paraguay, according to a press release published Thursday, Jan. 31.Bitfury has partnered with South Korean peer-to-peer knowledge commons research firm Commons Foundation to launch a series of transaction processing sites that will use Bitfury’s BlockBox AC mobile data centers…
Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a "significant victory" in the ongoing fight against cyber fraud, according to Tether.