Despite the “FUD,” Pixelmon’s founder Syber says he isn’t going anywhere. The Pixelmon saga isn’t looking good. The well-funded NFT adventure game has received severe backlash from the community after a disastrous reveal. But who’s to blame? Is Pixelmon Really The Next Blue Chip? Back in December 2021, Syber – the user who founded the project – had declared that Pixelmon is the next blue chip. Fast forward to three months, the project’s founder says that the team needs more...
Read More »Investing in NFTs: 12 Must-Read Tips to Spot the Best Projects
The space of non-fungible tokens (NFTs) has grown exponentially over the past year, and this produced quite a few consequences. For once, there are thousands of NFT projects spawning every single day, and the entire space resembles a lot of what we’ve seen during previous hype cycles with initial coin offerings (ICOs), initial DEX offerings (IDOs), initial exchange offerings (IEOs), and whatnot. The general consensus is that non-fungible tokens are here to stay and are going...
Read More »Warren Buffett: Avoid Bitcoin if War Breaks Out
Now that Russia has invaded Ukraine, many are worried that the United States could be entering the brink of war. We have made it clear to our enemies that if democracy is threatened anywhere in the world, the country will intervene. Warren Buffett – the mogul behind real estate giant Berkshire Hathaway – says that investors should avoid things like bitcoin and gold for now, and they should instead put all their money into stocks, as they are the safest bets in times of...
Read More »Bitcoin Touches $41K as Russian Minister Says They Work on a Digital Currency
Bitcoin is back above $40k despite descending to $34k just last week. Meanwhile, as politicians discuss Russia’s potential use of cryptocurrency to evade sanctions, the eastern superpower is apparently working on a digital world currency. At the time of writing, Bitcoin is trading at $40,976, having briefly peaked over $41k today. That’s up from under $38k just four hours ago. Bitcoin’s price plunged to $34k on Thursday after Russia announced “special military operations” in...
Read More »South Korea Plans a $187 Million National Metaverse Effort
The metaverse trend appears to be showing no signs of slowing down as South Korea becomes the first country to express desires to build its own project in the field. According to a recent report, the country plans to invest a whopping $187 million in a national metaverse project. The pledge of roughly $187 million comes from South Korea’s Ministry of ICT, Science, and Future Planning, and it’s in a bid to create a Metaverse ecosystem that’s intended to support the expansion...
Read More »ECB President Urges for Crypto Regulations Following the Sanctions to Russia
Christine Lagarde – President of the European Central Bank – urged the EU to strengthen cryptocurrency regulations. In her view, the move could prevent Russia from evading monetary sanctions after starting the military conflict in Ukraine. Russia Could Use Crypto to Bypass Embargoes The European Central Bank has called upon establishing a comprehensive regulatory framework on the digital asset industry numerous times. Russia’s invasion of Ukraine and the following financial...
Read More »LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022
INTERNET CITY, DUBAI, Feb. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list MyCreditChain (MCC) on March 2, 2022. For all users of LBank Exchange, the MCC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 2, 2022. The market for personal and credit data is growing explosively in today’s data-driven society. And yet, there are issues that need to be addressed on how the data is collected, processed and...
Read More »LBank Exchange Will List Saitanobi (SAITANOBI) on February 28, 2022
INTERNET CITY, DUBAI, Feb. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Saitanobi (SAITANOBI) on February 28, 2022. For all users of LBank Exchange, the SAITANOBI/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on February 28, 2022. The WOLFPACK and SHINJACLANS are two of the most incredible communities in the crypto space. To maximize investors’ gains, Saitanobi (SAITANOBI) is merging these two communities in...
Read More »Colorado Will Allow Residents to Pay Taxes with Crypto
Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for a number of years. We see it as a critical part of Colorado’s overall innovation ecosystem. The initiative pushes forward the primary goals of bitcoin...
Read More »Sotheby’s Withdrew the Auction of 104 CryptoPunks Minutes Before the Event
The renowned auction house – Sotheby’s – was about to host a much-anticipated auction of 104 CryptoPunk non-fungible tokens (NFTs) earlier this week. However, the auction house canceled the event minutes before launch. ‘Decided to HODL’ Several months ago, a pseudonymous collector with the initials 0x650d purchased the lot titled “Punk It!” for $7 million worth of crypto. A few weeks back, Sotheby’s announced it will auction the NFTs from the collection, with price...
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