On Thursday, the largest U.S. based cryptocurrency exchange – Coinbase – announced that it had earned $2.49 billion in net revenue and $840 million in net income, which is the same thing as profit, during the fourth quarter of 2021. For the full year, it earned $7.35 billion in netContinue Reading
The CEO of Meta, Mark Zuckerberg, has introduced a number of artificial intelligence projects crucial for constructing the metaverse to the public. He is perhaps one of the biggest advocates for and believers in a futuristic virtual world in which users can interact, work, and basically do everything online. Meta’sContinue Reading
In the wake-up of Russia declaring war on Ukraine, the value of the cryptocurrency dropped around 7.5 %, as traditional markets were also thrown into disarray. Calling this conflict local is a vast underestimate, as the consequences will be felt far beyond Russia and its democratic neighbor and rock theContinue Reading
Bitcoin derivative is under development by wall street engineers. Specifically, SFOX sees NDFs as a vehicle towards the expansion of crypto-related trading, and daily trading volume could potentially reach $100 million a day, according to SFOX. The Development Process A group of engineers and trades at the crypto prime brokerageContinue Reading
Decentraland has seen a high level of activity as celebrities as well as organizations on a global scale are hosting events, parties, and even non-fungible token (NFT) giveaways. Some of the upcoming events within Decentraland, which have sparked a high level of hype, include Comedy Decentral, Boy George Live inContinue Reading
Read in the digest Trouble in Europe Leads to Nosedive of Cryptocurrency Assets as Buterin Criticizes Russia. Canadian PM Cancels Emergency Powers but Calls for Crypto Migrations are Louder. CryptoPunks NFT Sale on Sotheby’s has Been Canceled. Facebook Shows Massive Intent For Metaverse with AI-Focused Developments War in Europe, MarketContinue Reading
The crypto market witnessed a second serious plunge in the last three days after Russian forces launched missile strikes on Ukraine’s capital Kyiv and crossed the country’s northern and southern borders in the early morning today. Bitcoin went down by 11% to $34,472 minutes after the air raids and explosionsContinue Reading
After the open Russian attack that happened in the territory of Ukraine this morning, Ethereum creator Vitalik posted a tweet supporting Ukraine and the world’s democracy. He claimed, “I’m very disappointed by Putin’s decision to abandon the possibility of a peaceful solution to the dispute and chose a military way to go.Continue Reading
Meta celebrates Black History Month in collaboration with Black creators and allows metaverse visitors to explore Black culture through immersive virtual and augmented reality. Afrofuturistic world by Black American artist Gabe Gault can be toured in a virtual exhibition ‘I Am A Man’ hosted by Meta. Gault is the firstContinue Reading
The two bills presented in parliament will be merged to advance the creation of a coherent regulatory framework. In the largest economy in Latin America, the adoption of cryptocurrencies increased 260% in the last year. The discussion of the BTC regulatory framework in Brazil comes amid a growing use ofContinue Reading
