Crypto news

The metaverse just took a major step towards fulfilling its potential. Univers has announced a broad-reaching partnership and strategic collaboration with EVA. Both teams are at the spearhead of developing technology for the next great evolution of the internet. Both teams are passionate about creating a metaverse that realises its founding ambition of being decentralised, user-owned, and permissionless. And now, both teams are working together. EVA and Univers Vision...

The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged in digital currency research for some time given that back in March, Joe Biden issued a crypto executive order calling for all financial agencies within the United States to examine and explore the risks and alleged advantages associated with digital currency assets. The...

As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has attracted consistent inflows throughout the past year, with only two withdrawals. However, data suggested net inflows of $1.8 billion in its debut year, while its current assets were recorded at $624 million, meaning a 70% drop in the fund’s equity price. Down 70% Jeffrey Ptak, chief rating officer...

[PRESS RELEASE – Please Read Disclaimer] United Kingdom, October 20, 2022 — CryptoKG, a next-generation crypto exchange platform, aims to bring a wide range of tools to users at every level of experience in the crypto space, allowing them to buy, sell and exchange their crypto coins safely and efficiently. With UK registration and EU licensing, the platform offers trading services to more than 140 countries, including the United Kingdom. CryptoKG transcends being a crypto...

[PRESS RELEASE – Please Read Disclaimer] SPACE KILL, the first multiplayer real-time matching party game on the BSC chain, announced the completion of the seed round of financing. More than 10 institutions including UpHonest Capital, Welight Capital, ARPA, TKX Capital, Nihil Ventures, Spike Solution participated in the investment. Additionally, this is the first fund of Uphonest’s fund in web3 gaming investment. The specific investment amount has not yet been revealed. The...

Leading crypto donation platform Engiven is keeping up its current trend of being the ultimate church donation company by partnering with Secure Give, which manages church donation applications. The latter has selected Engiven to enable more people to give money to their favorite religious institutions. Engiven and Secure Give Work Together James Lawrence – co-founder and CEO of Engiven – stated in a recent interview: Secure Give has been a pioneer in church giving...

Gaming and metaverse DAO giant Merit Circle voted to burn all remaining tokens left in the Community Incentives wallet as a way to reduce the total supply. The project has been carrying out monthly token burns but decided in favor of bulk destruction. A proposal to burn 200 million MC tokens saw an overwhelming number of votes supporting the motion. Out of 232 votes, only three were against the idea. Following the creation of the Community Incentives wallet, 294 million...

German financial multinational Deutsche Bank says it is “well on track to meet 2022 goals” following a sound Q3 2022 outing.Deutsche Bank recently posted its Q3 2022 financial report, which logged its ninth consecutive quarter of profit. For the third quarter, the Frankfurt-based German banking giant comfortably beat the projected estimates of analysts. Deutsche Bank reported 1.115 billion euros ($1.11 billion) in net income for the period ended September 30th, compared to analysts’ estimate...

Barclays’ resilient performance in Q3 is a testament to the bank’s highly diversified business model and income streams despite notable economic headwinds that played out.British multinational banking giant Barclays PLC (LON: BARC) has posted a better-than-expected net income following the release of its performance report for the third quarter (Q3). Despite the currently harsh economic climate and the political instability in the United Kingdom, Barclays posted a net profit attributable to...

TON may be the highest gainer for today, having surged by over 17%, but it is not the only coin surging at the moment.It appears that the Telegram-based Toncoin (TON) cryptocurrency is riding on the waves of rival WhatsApp’s recent misfortune. This follows after the cryptocurrency started seeing gains following the earlier crash of WhatsApp messenger.  As of publication, Toncoin (TON) is up by over 17% in the last 24 hours, per CoinMarketCap data.It is noteworthy, however, that the impact of...