Crypto news

[PRESS RELEASE – Please Read Disclaimer] In September of this year, blockchain media outlet, Cointelegraph reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract businesses, and its average daily trading volume has reached an increase of 1,200%. MEXC[Users first, MEXC’s Changing for you] has always been the service philosophy that MEXC adheres to. The ‘Zero Maker Fee’ Event is...

[PRESS RELEASE – Please Read Disclaimer] Singapore Dec. 2, 2022 – FNCY, the Web3 entertainment platform presented by Metaverse World, a blockchain subsidiary of Netmarble F&C, launches its own mainnet today and they are one step closer to bring the Web3 world where people can enjoy complete access to all forms of entertainment such as games, web-toons, web-novels, K-Pop, metaverse and more to come. Token Swap FNCY successfully developed its own mainnet with BNB Sidechain,...

American Marketing Group (AMG) has announced it’s now allowing all the travel companies it does business with to accept cryptocurrency payments through its booking platform Trip Xpress. AMG Is Opening Itself Up to Crypto Payments The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of...

CroLend, presenting itself as an algorithmic, autonomous lending protocol built on top of the Cronos network, has deleted all social media pages, the website doesn’t work, and its TVL has been drained to $0. This prompted the community to argue that this is the latest example of a rug pull in the space. Citing user information, PeckShield took it to Twitter earlier to inform that all relevant posts and sites associated with CroLend have been erased. These include the Twitter...

GoTo is the worst large tech IPO of 2022 after plunging for 10 consecutive sessions amid the global selloff.GoTo is the worst of the largest tech Initial Publis Offerings (IPO) this year, according to reports. The shares of the Indonesian startup plunged for 10 consecutive sessions as fears regarding an expiring lock-up heated up. GoTo’s post-IPO stock selloff makes it the worst-performing company among 11 internet and tech-inclined platforms that generated over $500 million in IPO listings...

In a recent interview, Brian Armstrong – the CEO of popular digital currency exchange Coinbase – commented that he “overestimated” bitcoin as a hedge against inflation, and he’s learning now – like so many other traders – that bitcoin is not yet ready or mature enough to handle the hard-hitting economic factors that the country has been facing over the last year and a half. Brian Armstrong Says He was Incorrect About Crypto In a podcast discussion, Armstrong commented: Frankly, I’ll admit,...

The acquisition of Active Replica will bring mutually beneficial growth to both firms.Web browser and internet development company, Mozilla Corporation has announced the acquisition of Active Replica, a Web3 and immersive experience developer. As Mozilla said in its announcement, the Active Replica startup will be joining its Hubs and will be contributing to the platform in a fundamental way.The financial transaction for the deal was not unveiled, however, the integration of Active Replica...

By leveraging this program, the firm will additionally try to develop white glove aid for people who need assistance in purchasing NFTs.Since Non-Fungible Tokens are on a roll in the blockchain space these days, many companies can be seen jumping on the NFT bandwagon and offering virtual collectibles as products. Crypto payments infrastructure company MoonPay is offering “soulbound” NFT loyalty program for its customers.Soulbound assets are non-transferable tokens depicting an individual’s...

Ye tweeted the swastika image inside a Star of David, which was later blocked by Twitter and got disapproval from Musk.Ye, formerly known as Kanye West, has violated another rule on Twitter, making Elon Musk suspend his account of millions of followers. According to Musk, the account was suspended because Ye broke the platform’s policy by inciting violence on his Twitter page. The popular artist posted an image of a swastika, a symbol synonymous with the Nazis, inside a star of David....

Once again, Bitcoin miners went significantly lower in terms of monthly revenue, raking in only about $472 million in November.Bitcoin (BTC) mining continues to prove unprofitable as monthly revenues keep going down from previous values. According to data studied by The Block Research, the month of November saw Bitcoin mining revenue dwindle by almost 20% from its October value to reach a two-year low of 472 million.Bitcoin Mining Revenue Suffered in November amid Various Market...