Bitcoin has risen nearly 72 percent this year to $28,500, on track for its best quarterly performance in two years, according to CoinDesk, and today’s strong rally has seen its market cap climb to $542 billion. In comparison, ether is on track for a 50% quarterly gain, while gold has gained more than 7% this …
Bitcoin on track for ‘best quarterly performance’ in two years Read More »
According to the “Wall Street Journal” citing people familiar with the matter, Walt Disney Company (Walt Disney Company, DIS) has laid off the entire Metaverse department, and almost all employees have been cut off. Disney Chief Executive Bob Iger sent an internal letter Monday informing employees that the company had begun the “7,000 layoffs” it …
The entire “metaverse department” is closed! Disney cuts 7,000 jobs Read More »
Fashion giant Gucci announced that it has officially entered into a partnership with Yuga Labs, the company behind the well-known NFT project “Boring Ape (BAYC)”, in order to further enter the NFT field. According to foreign media “Business of Fashion” reports, Gucci announced on Monday that it has established a long-term partnership with Yuga Labs, …
Following the inclusion of Bitcoin and TON last year, users of the instant messaging software Telegram can now also send Tether (USDT) to each other in chat rooms. According to the announcement on March 22, USDT has now been included in Telegram’s wallet robot @wallet, users can purchase, exchange and P2P trade USDT in the …
Former Coinbase chief technology officer Balaji Srinivasan has made a recent bet that bitcoin prices will benefit from a rapid depreciation of the dollar over the next three months, surging to $1 million by June 17. Balaji wagered two people on the same day, paying out $1 million with financial expert James Medlock and another …
Why Ex-Coinbase CTO Bet on Bitcoin Soaring to $1 Million in 3 Months? Read More »
Hui Zhengyu, Hong Kong’s Secretary for Financial Services and the Treasury, said that Hong Kong has the advantage of becoming an “Asian Web3 hub.” He emphasized that the Hong Kong government attaches great importance to virtual assets and Web3 and is “highly committed to developing the industry.” In addition, Xu Zhengyu also mentioned that the …
The Ethereum Shanghai upgrade (aka Shapella) is expected to be implemented on April 13, when the mainnet will enable withdrawals for staked Ether. In this regard, the cryptocurrency exchange Binance (Binance) announced today (17th) that it will support Ethereum pledged withdrawals. page for withdrawal. Binance mentioned in the announcement that after the withdrawal function is …
Ethereum “Shanghai Upgrade” enters the countdown! Read More »
Recently, KuCoin Ventures, the venture capital arm of cryptocurrency exchange KuCoin, led a $10 million round of financing for the stablecoin issuer behind CNHC. CNHC is a stablecoin pegged to the offshore Chinese yuan. KuCoin focuses on the Chinese market and is registered in Seychelles. CNHC is pegged 1:1 to Offshore Renminbi (CNH for short). …
The exponential growth of the NFT track is one of the brightest existences in the encryption field in the past few years. Some people value its cultural attributes, some people believe that its essence is more financial products, and some people believe that its emergence and prosperity mean that it is finally possible for us …
Can Blur really revolutionize the NFT trading platform? Read More »
Silicon Valley Bank (SVB) announced on March 9 that the company sold assets worth US$21 billion and recognized a loss of as much as US$1.8 billion. The parent company, SVB financial group, stated that it will issue Worth $2.25 billion in new shares, the operations sparked fears of a liquidity crisis at the company, causing …
Will Silicon Valley bank failures turn the Fed around? Read More »
