Sam Bankman-Fried dominated in the crypto community last week. The 30-year-old former billionaire, SBF, founded FTX, the industry’s third-largest exchange. When the value of cryptocurrencies dropped early this year, he gave Voyager and BlockFi hundreds of millions of dollars and bought a crypto hedge firm called Three Arrows. Many people wanted someone like John Pierpont Morgan, who in…
The crypto sector is dynamic and always evolving. This means that investors need to keep a close eye on the market to identify promising trading chances. This article will help you sort through the noise by examining the top 5 altcoins expected to see significant price increases over the next several months. Axie Infinity Players…
Despite recent declines, cryptocurrencies continue to be a much-pursued new asset class. In 2022, Bitcoin was more popularly searched for than TikTok, Apple, or the NFL. If you want to know where to buy cryptocurrency, you’ll probably start your investing journey on a cryptocurrency exchange platform. Exchanges for cryptocurrencies are websites where various cryptocurrencies may…
The metaverse may evoke either dystopian future worries or joyful virtual reality hopes, depending on the player’s perspective and familiarity with video games and artificial intelligence (AI).You can’t expect a discourse about the metaverse to be easygoing and straightforward. People are concerned since there is no agreed-upon description of the metaverse. Can we expect to see…
UBS AG has issued the first-ever senior unsecured digital bond, a three-year issue for 375 million Swiss francs at a coupon rate of 2.33%. (ISIN: CH1228837865). The digital bond is the first ever digital bond issued by a financial institution worldwide to be listed, traded, and settled on a regulated digital exchange. It works the…
Tokenized cash deposits from JPMorgan have been traded on the Polygon blockchain, marking the latest example of a major bank entering the DeFi market. The transaction was executed as part of Project Guardian, a trial program launched in May by the Monetary Authority of Singapore (MAS). Using the crypto lending protocol Aave and the decentralized…
In a recent announcement, Meta detailed the changes it would implement to its creator tools for use on both Instagram and Facebook. Perhaps most importantly, the business said that Instagram artists would soon have the ability to make their own NFTs and sell them directly to followers, both on and off the platform. This revision…
Nifty’s, a network for decentralized applications, has partnered with Warner Bros. Discovery (WBD) and HBO to create digital collectible non-fungible tokens based on the popular show “Game of Thrones.” Although it has not been officially announced, “Game of Thrones” NFTs will be available to fans in late 2022. According to the company’s blog, “Game of…
A breach that occurred on November 1 on the cryptocurrency trading website Deribit caused a loss of money worth $28 million. Deribit, a company that specializes in trading derivatives and the crypto options market, had the hot wallets for its bitcoin (BTC), Ethereum (ETH), and USD coin (USDC) stolen. This news comes after a rough…