Tag: bitsellx

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Sports Metaverse company secures $200 million funding

The company said the funds will support the building of virtual sports cities around the world. Sports Metaverse startup LootMogul secured a $200 million investment commitment from Gem Global Yield, providing the company a share subscription facility of up to $200 million for a 36-month term following an equity exchange listing.  The company said that…
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Wallets like MetaMask need to become more user-friendly

Most wallets feel like they were created for developers. That’s becoming a bigger problem in terms of both practicality and security as crypto adoption increases. After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component…
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Russian Central Bank Wants to Hire a Crypto Specialist

Russia’s Central Bank has announced that it wants to hire a “cryptocurrency” expert – a massive turnaround for the bank, which earlier this year proposed a blanket ban on all things crypto-related. In a post on the Russian job search platform Headhunter (HH), the Central Bank wrote that it was looking for a “blockchain developer”…
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Why Lack of Clear Crypto Regulation Leads to Land Grab by US Agencies: Senator Toomey

The absence of clear cryptocurrency regulations in the US has resulted in a free-for-all among regulators trying to “grab authority” for themselves, according to Senator Pat Toomey. Speaking on Bloomberg’s Odd Lots podcast, the Republican lawmaker called on Congress to establish “legislative guidelines” for the cryptocurrency industry, in order to “create an environment” for it…
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Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move

A much-discussed Bitcoin (BTC) spot exchange-traded fund (ETF) could finally see the light of day in the US, after a new ETF filed under rules that would be used for a spot fund just went live on the market…. Read More: Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move  Read…
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Amazon and 4 Others to Work on Digital Euro Prototype, White House’s ‘Comprehensive Crypto Framework’, Hong Kong’s Scam Warning + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Amazon and 4 Others to Work on Digital Euro Prototype, White House’s ‘Comprehensive Crypto Framework’, Hong Kong’s Scam Warning + More News  Read more »Sign up for e-EUR – the progressive…
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Ethereum Price Prediction: After the Merge Can ETH Reclaim $1,500 Soon?

The Ethereum blockchain has just undergone the most significant upgrade in its history. However, while many market players expected the price of ETH to skyrocket following the Merge, things haven’t quite gone as planned. What lies ahead for the world’s second most valuable cryptocurrency?… Read More: Ethereum Price Prediction: After the Merge Can ETH Reclaim…
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The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work

At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and…
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European Union to Launch Global Metaverse Regulation Initiative in 2023

The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President of the European Commission, will present several initiatives…
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Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher

Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued to trade higher…
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