Cryptocoins News / The Cointelegraph - 1 year ago
Meta’s virtual reality (VR) and metaverse division Reality Labs has posted its seventh straight quarter of losses, but CEO Mark Zuckerberg remains steadfast in investing in the technology, which he calls a “massive opportunity.”
During Meta’s Q2 ear...
Cryptocoins News / The Cointelegraph - 1 year ago
An investigation reportedly launched by the Securities and Exchange Commission (SEC) into Coinbase’s alleged trading of unregistered securities could have a “serious and chilling effect” on crypto exchanges and token projects, according to a legal e...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Federal Trade Commission, or FTC, has filed a lawsuit against Meta and CEO Mark Zuckerberg in an attempt to stop the social media giant from “its ultimate goal of owning the entire ‘metaverse.’”
In a complaint filed in the Northern...
Cryptocoins News / The Cointelegraph - 1 year ago
In this week’s newsletter, read about how game developer Square Enix plans to launch Final Fantasy VII digital collectibles. Check out the new Open Metaverse Alliance for Web3 and how NFT sales will fund artwork restoration efforts in Ukraine.
In ot...
Cryptocoins News / The Cointelegraph - 1 year ago
Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with U.S. based platforms like...
Cryptocoins News / The Cointelegraph - 1 year ago
It's been 40 years since the classic sci-fi adventure film Tron hit movie screens around the world. Produced by Donald Kushner and released by Walt Disney Productions, its highly original futuresque concept made history by revolutionizing the use of...
Cryptocoins News / The Cointelegraph - 1 year ago
Ether (ETH) is down 11.5% in seven days even after the recent confirmation of the "Ethereum merge" transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on July 14, developer Tim Bei...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Fed: "Appropriate" to keep hiking after July
Data from Coi...
Cryptocoins News / The Cointelegraph - 1 year ago
Blockchain protocol Algorand’s chief executive officer Steven Kokinos has announced he will be leaving his position to focus on projects related to scaling adoption.
In a Wednesday Twitter thread, Kokinos said he will be transitioning out of his ro...
Cryptocoins News / The Cointelegraph - 1 year ago
United States equities and cryptocurrency markets are heading into the Federal Reserve’s interest rate decision on July 27 on a positive note. This suggests that the market participants believe the Fed will deliver a 75 basis point rate hike, which...
Cryptocoins News / The Cointelegraph - 1 year ago
Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT.
In a blog post on Wednesday, Tether said it “holds no Chinese commercial paper as of today...
Cryptocoins News / The Cointelegraph - 1 year ago
The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of talent experienced in the crypto space could hurt its ability to oversee the market.
Ac...
Cryptocoins News / The Cointelegraph - 1 year ago
On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains announced that it closed a $65 million Series A funding round at a valuation of $1 billion.
Notable investors in the deal include Pantera Capital, Mayfield, Gaingels, Alchem...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground.
In a fresh update on July 26, analytics firm Arcane Research flagged what it calls "improving" s...
Cryptocoins News / The Cointelegraph - 1 year ago
Coinbase (COIN) stock bounced by 4.35% to $57 on July 27 after shedding roughly 20% over the past week. But more downside is likely despite the release of Coinbase's first installment of the Bored Ape Yacht Club-featured movie called The Degen Trilo...
Cryptocoins News / The Cointelegraph - 1 year ago
Pangolin, a decentralized exchange (DEX) on the Avalanche network, will debut on the layer-1 blockchain Flare network. Flare is known for its interoperability solutions and Pangolin hopes to utilize the underlying technology to reach new blockchain...
Cryptocoins News / The Cointelegraph - 1 year ago
While many businesses have expressed interest in integrating crypto payments, there are still challenges in terms of understanding the space, said Jess Houlgrave, the head of crypto strategy at Checkout.com.
Speaking to Cointelegraph, Houlgrave talk...
Cryptocoins News / The Cointelegraph - 1 year ago
Last month marked the 30th anniversary of the publication of Neal Stephenson’s science fiction novel Snow Crash. With its dystopian vision, rollicking prose and futuristic renderings of everything from social media networks to virtual assistants and...
Cryptocoins News / The Cointelegraph - 1 year ago
The adoption of Bitcoin (BTC) in emerging markets was a focal point on the first day of the Blockchain Economy Istanbul event, with calls for a focus on the case-by-case use of Bitcoin to maximize its reach.
The two-day summit sees prominent speaker...
Cryptocoins News / The Cointelegraph - 1 year ago
The Metaverse is a major buzzword in the worlds of crypto and technology, as well as in the art and gaming spaces. The term was coined in the early 1990s by American science fiction writer Neal Stephenson in his work Snow Crash. In this novel, he de...
Cryptocoins News / The Cointelegraph - 1 year ago
One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading.
Cathie Wood’s investment firm Ark Investment Management has sold a tot...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum's upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).
Vitalik Buterin likes Ethereum Classic
Notably, ETC's price jumped by a little over 20% to...
Cryptocoins News / The Cointelegraph - 1 year ago
While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems.
In an interview with Cointelegraph, Josh Katz, CEO of NFT marketplace YellowHeart, shared his thou...
Cryptocoins News / The Cointelegraph - 1 year ago
While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems.
In an interview with Cointelegraph, Josh Katz, CEO of NFT marketplace YellowHeart, shared his thou...
Cryptocoins News / The Cointelegraph - 1 year ago
Despite some of the first security token offerings (STO) having launche at least four years ago, the STO industry is still yet to take off, according to an executive at the INX cryptocurrency trading platform.
The STO industry is still nascent compa...