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According to financial reports, Meta’s Reality Labs division experienced a total loss of $13. 7 billion in 2022. The company will continue to focus on the metaverse. The post Chasing Metaverse Dreams Costs Meta $13. origin »
BNB price (Binance coin) found support near $300 against the US Dollar. BNB rallied above $320 and might aim more upsides towards the $400 level. Binance coin price started a steady increase from the $300 support against the US Dollar. origin »
Polygon collaborated with a finance giant in tokenizing assets. While NFT interest surged, MATIC could also remain bullish in Q1. As part of its plans to expand its impact in the crypto sectThe post Polygon’s continual disruption could influence MATIC’s Q1: Here's how appeared first on AMBCrypto. origin »
Find out how Chainlink technology is essential to dNFT market origin »
Nostr, a growing hub for the Bitcoin community, faces some incentives challenges if it’s going to reach significant scale. origin »
Binance CEO Changpeng Zhao (CZ) said that stablecoin regulation could help accelerate its adoption, according to a February 1 Twitter thread. The post Binance CZ says stablecoin regulation would boost adoption appeared first on CryptoSlate. origin »
Bitcoin is shaking off sellers of January 30, price action on late February 1 shows. The FED Raises Interest Rates The spark in BTC demand is because of Federal Reserve (FED) Chair Jerome Powell’s comments on the general economy and the central bank’s monetary policy stance going forward. origin »
Binance, the famed crypto exchange, has faced several difficulties this year. Per BeInCrypto’s deep investigative research, users have faced multiple issues using Binance’s P2P marketplace. Such problems put more support to voices standing against centralized exchanges. origin »
ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the Terra UST implosion and other debacles. Bitcoin rides past $24.1K at one point. origin »
Solana may be overvalued right now, but that is not problem for altcoin origin »
Definition The L1 Native Token Returns vs.
The post Ethereum continues to underperform while majority of L1s outperform BTC appeared first on CryptoSlate.
origin »Utopia announces a significant increase in the minimum staking balance for its mining nodes, from 32 CRP to 64 CRP per thread. The change, set to take effect on March 1st, 2023, is a strategic move aiThe post Utopia ecosystem strengthening with higher staking balance appeared first on AMBCrypto. origin »
After a triumphant “City Launch Wave 0,” Affyn has revealed new cities for NEXUS World – a mobile metaverse integrated with the real world. Following the announcement of Singapore, Affyn continues its grand tour of global cities. origin »
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield. origin »
Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday. origin »
UTA, a Hollywood talent agency, will represent Bobby Kim, a co-creator of the Adam Bomb Squad NFT collection, in "all areas." origin »
The biggest news in the cryptoverse for February 1 saw DeFi platform AllianceBlock fall victim to a $12 million exploit. The post CryptoSlate Wrapped Daily: AllianceBlock hacked for $12M; Nostr launches Damus app appeared first on CryptoSlate. origin »
New ALBT tokens will be minted and airdropped to the affected wallet addresses. origin »
BNB Chain announced the release of the Greenfield whitepaper on Wednesday, 1 February 2023. The new blockchain will provide the infrastructure for a decentralised data economy, powered by BNB. Developers are working on a testnet expected over the next few months. origin »
The Puell Multiple has move from capitulation zone, indicating increased revenue for Bitcoin miners, reduced sell pressure and stability. The post Bitcoin Miners Could Soon Stop Selling, Helping Prices Jump Higher appeared first on BeInCrypto. origin »
Xborg, the web3 gaming organization from Swissborg, announced on February 1 that it is launching a web3 esports league entitled Xtreme Championship Series with a $100,000 USDC prize pool. The post Xborg launches $100K web3 esports league, Xtreme Championship Series appeared first on CryptoSlate. origin »
Everlend Finance has closed down its lending app. Users have been advised to withdraw their assets. The crypto lender has blamed the current liquidity crunch in the market for the shutdown. Everlend Finance a DeFi lending protocol built on Solana (SOL/USD) has announced the closure of its lending platform citing a liquidity crunch. origin »
This would be first upgrade to L2 scaler proposed by Optimism Collective, decentralized governance body origin »
As of recent reports, Zuckerberg's Meta has reported a $13.7B loss in 2022 amid turbulences in 2022. The firm had reported $13.7B and $4.3B worth of losses in Q3 and Q4 respectively. origin »
Binance signed a Memorandum of Understanding (MoU) with the Georgian Agency for Innovation and Technology (GITA). The post Binance signs MoU to deliver cryptocurrency infrastructure in Georgia appeared first on CryptoSlate. origin »
Kang Jong-hyun, the de facto proprietor of the local cryptocurrency exchange Bithumb, has been reportedly arrested by South Korean prosecutors for alleged stock manipulation and embezzlement. origin »
Brave New Coin Index Governance Committee announces the following items discussed during the BNC January 2023 Quarterly Index Review. This change will affect the Bitcoin Liquid Index (BLX), Ethereum Liquid Index and XRP Liquid Index (XRPLX). origin »
Decentralized finance (DeFi) lender Everlend Finance shut down its operations on February 1, citing the liquidity crunch in the lending market. The post Solana-based Everlend shutters operations amid shrinking lending market appeared first on CryptoSlate. origin »
Binance, a leading cryptocurrency exchange by client count and trading volumes, has integrated Binance-Pegged BUSD on the Ethereum layer-2 platform, the Optimism Network. Binance Integrates The Optimism Network In a press release on February 2, Binance said their users can now begin depositing and withdrawing the wrapped token via the Optimism Network. origin »
В январе сеть Ethereum ощутимо повысила свои дефляционные характеристики. За месяц чистое сокращение объема предложения ETH составило 10 145, 72 монет, или почти $16 млн. Ethereum (ETH) является дефляционной валютой, то есть имеет ограничение по объему максимального предложения. источник »
The Trade Ministry of Indonesia had initially planned to set up a national cryptocurrency exchange by the end of 2022, but the ministry is now aiming to have the exchange set up before June 2023, according to a local news report. origin »
He outlines three key events origin »
Amid the announcement of new Crypto regulations by China, Tron took to twitter to express support for the move. This proves a move by Tron to tap into China's crypto markets. origin »
London, United Kingdom, 2nd February, 2023, Chainwire The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2. origin »
After Solana’s unfortunate connection with the FTX crash last year, sending SOL below $10, the crypto asset has been thriving to rebound with the team’s help. The Solana co-founders, in a blog post published earlier this week, commented on the ‘crypto market 2022’ while also preaching a better future for the Solana ecosystem. origin »
One of most popular indicators on market hints at reversal origin »
The United Kingdom has released its first consultation on crypto trading and lending regulation within the country. origin »
One of leading cryptocurrency exchanges is shutting down shop in Abu Dhabi origin »
On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto market to rally and the liquidations have ramped up as the market took advantage of this. origin »
Ripple has locked back nearly one billion XRP after recent withdrawal from escrow origin »
Ethereum will go through its first significant update in March origin »
The exchange however maintained that it is not planning to close its NFT marketplace. It wants to align the exchange’s resources in developing other features. Coinbase has been struggling with revenue generation. origin »
The price of STG token rose 14% following news that the token would be reissued in March. origin »
Warren Buffett’s business partner Charlie Munger has proposed that the United States should follow in the steps of China to ban cryptocurrencies- which he considers a gambling contract. The post Charlie Munger calls on US to join China in banning crypto appeared first on CryptoSlate. origin »
A Bitfinex-related wallet sent over $8 million worth of crypto assets to bankrupt Alameda Research’s wallet in the last 24 hours, according to Arkham Intelligence data. The post Bitfinex sends $8. origin »
Can Binance Coin (BNB) keep rising faster than other coins? origin »
As the Most Prodigious and the Largest Blockchain & Crypto Conferences Hub, Blockchain Economy Summit has just successfully finished its Most Global Blockchain Event Ever in Dubai, UAE on 4-5 October, 2022 with more than 3000 profoundly gratified attendees from 74 countries all over the world. origin »
Due to the potential of stablecoins in managing inflation, the algorithmic dollar-pegged digital assets have come under solid regulatory focus. origin »
New month brings fresh crypto news, check it out in U.Today’s daily news digest! origin »
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