Crypto news

At the annual Berkshire meeting last week, Warren Buffett continued to balk at Bitcoin’s history-making ROI over the last decade. But the investing legend also gave advice to beat inflation which is precisely what makes Bitcoin so valuable. The investment news world has been filled with responses to Warren Buffett’s latest remarks heaping scorn on Bitcoin. The legendary investor took his notorious “rat poison squared” insult from 2018 a step even further. From the day Buffett...

Cloud data storage, primarily controlled by big techs like Amazon and Microsoft, is partly what the blockchain-powered Web3 aims to revolutionize through decentralization. The largest search engine in the world is planning its foray into such a promising field. Google’s cloud group, whose parent company has reportedly shifted its major source of revenues from advertisement to cloud computing, has announced forming a new team specifically for building blockchain...

Why do people play games? It’s simple. They want to have a good time. They want to have fun interacting with other people through exciting gameplay—and that’s exactly what they get from normal games. However, when it comes to Web3 games hosted on the Metaverse, players don’t get what they want. Unfortunately, it’s shocking how poor the gaming experience is on most Web3 projects. The vast majority of games are more of an investment than an actual game. They don’t offer...

The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth for individuals and fast economic growth for their people. However, many believe that the region is yet to tap into its full potential, that is, leveraging blockchain technology to build a solid ecosystem. As a result, there has been an increasing global interest in Africa recently, with many prominent investors and companies looking to invest in this...

INTERNET CITY, DUBAI, May. 9, 2022 – LBank Exchange, a global digital asset trading platform, will list TomTomCoin (TOMS) on May 9, 2022. For all users of LBank Exchange, the TOMS/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 9, 2022. TOM N TOMS is a korean coffee franchise brand that currently operates more than 500 coffee shops around the world. Utilizing the power of blockchain, it launched TomTomCoin (TOMS) projects to expand the...

INTERNET CITY, DUBAI, May. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Special Power Silver (SPSI) on May 9, 2022. For all users of LBank Exchange, the SPSI/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on May 9, 2022. Taking the lead in solving environmental problems where humanity’s attention is focused, Solo Power System Incorporation (SPSI) combines its eco-friendly energy production technology and...

After launching five Permissionless Pools, Clearpool established its first-ever permissioned pool that allows institutional lenders to earn yields up to 15% by staking USDC. The project partnered with Jane Street Capital – a global proprietary trading company aiming to enter the cryptocurrency industry. Permission Pool Decentralized capital markets provider Clearpool launched a permissioned pool on Tuesday, enabling borrowers with higher Know-Your-Customers (KYC) requirements...

In its most recent research, the Bank of International Settlements (BIS) estimated that nine out of ten central banks explore how to release their own CBDC. Moreover, 50% of those financial institutions are currently developing such products or passing through experiments. Most Central Banks Are Interested in CBDCs The international monetary institution – BIS – questioned 81 central banks to determine their stance on CBDCs and how close they are to launching one. Per the...

Lazarus – the North Korean hacking group – is back in the news again today, this time because the organization is reportedly using apps to track those involved in the cryptocurrency space. Lazarus Is Doing Everything to Obtain Crypto Among the law enforcement agencies that have discovered this new activity from Lazarus are CISA, the US Treasury Department, and the Federal Bureau of Investigation (FBI). All three organizations are now banding together as a means of...

Pro Shares should be a name that everyone in the crypto space knows and understands. Not long ago (during the summer of 2021), the company unveiled a real bitcoin-based exchange-traded fund (ETF). Pro Shares and the Success of Its ETF The product was not based on actual bitcoins but on futures technology. This got a lot of people talking negatively about it early, though many other analysts felt that while it was inferior to spot trading, it was a step in the right...