VeVe is an app-based marketplace that offers a wide range of premium licensed non-fungible tokens (NFTs) from some of the most iconic brands, including Marvel, Disney, and DC Comics. The platform allows users to buy, sell, and trade digital collectibles, customise and showcase them in virtual showrooms, and interact with others in the VVVerse, VeVe’s
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Over the past year, the market dominance of stablecoins pegged to the United States dollar has undergone significant changes. According to data from CoinGecko, while most stablecoins have experienced a downward trend, Tether (USDT) has climbed back to its all-time high. During the past 12 months, the market share of Circle’s USD Coin (USDC) reduced
Pepe meme coin has experienced a significant decrease in value, dropping over 60% from its all-time high on May 5th to around $0.00000143. Social engagement for Pepe has also decreased by 31.5% in the past week. While a decrease in interest is expected after a parabolic run like what Pepe experienced, the question remains whether
The Wall Street Memes crypto project’s presale began on May 26, 2023, and is available for investors to buy at $0.025 during the first round of thirty total stages. It is a way to invest in WSM coin before it is listed on crypto exchanges in Q3 – Q4 2023. The WSM presale is open
DeeLance, a web3 freelancing and remote work metaverse platform, has secured a strategic investment of $1.12 million from Bitgert Ventures, a top venture capital (VC) investment firm. The investment will help fund the development of DeeLance’s blockchain-powered metaverse, which has been generating hype in web3 circles and is expected to disrupt the web2 platform-centric freelance/gig
NEO cryptocurrency has seen a 15% price increase in the past week, making it one of the top-performing assets in the market. NEO positions itself as an open-source platform with the goal of being the foundation for the future Internet, offering digital payments, identities, and assets. At the time of writing, NEO’s price is at
China has been known for its hard stance on trading and owning cryptocurrencies like Bitcoin and Ethereum. However, the country seems to be opening up to some parts of the industry. Despite its strict cryptocurrency regulations, China is pushing for the development of Web3. Web3: Future Internet Industry Development During the parallel forum of the
According to a recent note by JPMorgan’s analysts, Bitcoin’s price could skyrocket to $45,000 if the leading cryptocurrency starts to resemble the price performance and investment structure of gold. Bitcoin’s YTD performance has been remarkable, with the asset starting 2023 under $17,000 after a turbulent 2022. However, it broke above that level in the first
Jimbos Protocol, which is a liquidity protocol of the Arbitrum system in the decentralized finance (DeFi) space, has become the latest victim of a hacking attack. The attack resulted in the loss of 4,000 Ether (ETH), worth approximately $7.5 million at the time. PeckShield, a blockchain security firm, reported that the attack occurred on May
The Federal Bureau of Investigation (FBI) in the United States has issued a warning against fake job advertisements that lure people to Southeast Asia and force them to commit international crypto scams on unsuspecting victims. These scam mills usually put up ads on social media and lure their victims by promising well-paid jobs. However, upon
Ethereum, the second most valuable crypto asset by market cap, continues to gain popularity due to its flexibility in decentralized transfer, decentralized financial trading, and smart contracts. Despite its first-mover advantage, regulatory actions targeted at the crypto space could serve as a stumbling block for Ethereum’s growth. Nevertheless, it is still expected to post an
As the crypto market slowly regains its footing, meme projects such as Milady Meme Coin, Doge Killer and Tamadoge have been unable to catch the bullish waves. They have recorded losses of 1.13%, 2.11%, and 2.65%, respectively, in the past day and between 1.87% and 42.67% in the past week. This growing sentiment across the
Recent data from Glassnode shows that the amount of Ether held on centralized crypto exchanges has hit a five-year low, with only 17.8 million ETH currently on these platforms. This represents less than 15% of the total token supply of the Ethereum network. To compare, during the bull market in 2021, the exchange balance was
Bitcoin’s price has been moving within a narrow range in the past few weeks after breaking below the 50-day moving average. The current market situation presents several potential scenarios that could unfold. On the daily timeframe, Bitcoin’s price has yet to display a significant upward or downward movement. If a rally takes place in the
Beijing has released a white paper on “Internet 3.0 Innovation and Development,” which highlights advancements and support for web3 and the metaverse. The release of this white paper coincides with Hong Kong’s regulatory push for cryptocurrency exchanges. The simultaneous release of these two events could signal a more open approach to digital assets in the
Huobi, a cryptocurrency exchange platform with a decade-long history, has announced the launch of Huobi HK, which will provide cryptocurrency trading services to users in Hong Kong. The platform aims to deliver an excellent trading experience to Web3 users in Hong Kong, who will be able to buy, sell, and hold mainstream cryptocurrencies such as
Ecoterra is a unique platform that bridges the gap between sustainability and digital currency. The company utilizes blockchain technology to promote eco-friendly practices while also highlighting the viability of sustainable cryptocurrencies. Ecoterra’s crypto presale has been a huge success, amassing a significant $4.35 million in investments. Recycle-to-Earn System Ecoterra is making headlines in the tech
Huobi Global, a cryptocurrency exchange, has announced the launch of its Hong Kong division on June 1st for users in the city-state. The Securities and Futures Commission (SFC), Hong Kong’s securities regulator, recently allowed retail trading in cryptocurrencies after a year of turmoil in the sector. The new venue called Huobi Hong Kong will be
Arthur Madrid, the co-founder and CEO of The Sandbox, reported that his Twitter account was hacked on May 26. The attacker used Madrid’s account to promote a fake “airdrop” phishing scam. Madrid’s post, which was made after he recovered his account, warned The Sandbox users not to click on any links that promote Airdrop or
Gemini and Genesis have asked a judge to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC) over the Earn product. The lawsuit was filed in January 2023 and alleged that the two firms offered unregistered securities and bypassed disclosure requirements. Gemini offered Earn in partnership with Genesis Global Capital, allowing users to
Bitcoin is currently struggling to stay above $27,000, and many analysts are predicting a drop to the low $20,000 levels. However, Glassnode’s lead on-chain analyst Checkmate believes that the sell-side risk ratio metric suggests that “sellers are exhausted on both sides,” indicating that significant moves are coming. The last time the sell-side risk ratio was
Crypto analyst Marcel Pechman’s show, Macro Markets, is gaining popularity among cryptocurrency enthusiasts. It airs every Friday on the Cointelegraph Markets & Research YouTube channel and helps in explaining complex financial concepts in layman’s terms. In the latest episode, Pechman discussed the factors causing the crypto market capitalization to remain 60% below its all-time high,
The world of crypto is dynamic and ever-changing, with new technologies and tools emerging constantly. One such tool is ChatGPT, which is transforming the way traders conduct research and analysis. With its analytical prowess, ChatGPT is adding a valuable tool to the trading toolkit of both big players and small investors alike. In this article,
TitleMint has introduced a new approach in the real estate industry by minting and recording title abstracts and title insurance policies as non-fungible tokens (NFTs) on the blockchain. Until now, NFTs have been mostly associated with digital art and collectibles. However, TitleMint has now brought them into the real world, with the aim of reducing
Binance, the popular cryptocurrency exchange, has received a digital asset operator license from Thailand’s Ministry of Finance for its joint venture with Gulf Innova. Gulf Innova is a subsidiary of Gulf Energy and the two firms have been working together to launch a compliant-first exchange. Plans for the partnership According to a press release from
Floki Inu, an old-generation meme coin, has been experiencing ups and downs in its market performance. Despite its recent partnership with DWF Labs, which would have sent other meme coins soaring, it only gained a brief 5% price increase. This has led to questions about its long-term viability, especially since it suffered a 3.8% drop
Heimdall, a provider of business tokenization solutions, has partnered with OPNX to introduce a bankruptcy tokenization product. The product will allow users to access liquidity even if their funds are frozen on defunct platforms. The bankruptcy tokenization provides an alternative to the lengthy bankruptcy administration process that can take years to resolve. Why Celsius was