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Charlie Munger Wished Cryptocurrencies Were Never Invented, Anyone Surprised? (Opinion)

The digital asset industry has marked an impressive year so far as many cryptocurrencies painted all-time high prices. Numerous experts and public figures showed their support, highlighting the merits of the asset class, while global institutions started diversifying their portfolios with bitcoin or some alternative coins. Yet, Charlie Munger – Warren Buffett’s right-hand man – reiterated his skepticism once again recently by indicating that the hype around them is “crazier...

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Cadalabs launch The First Metaverse on Cardano With Virtual Lands & Tokens Available For Sale

Cadalabs protocol has been making waves in the crypto community since its inception on Cardano network. Cadalabs protocol has a team of highly specialized and skilled developers who are always keen towards the growth of Cadalabs Ecosystem. Cadalabs is proud to the general public that it has successfully launched Cada Infinity which is the first Metaverse on Cardano blockchain, This great milestone was achieved by Cadalabs team of developers. Cada Infinity Metaverse will...

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LBank Exchange Will List 2022MOON on December 3, 2021

INTERNET CITY, DUBAI, Dec. 1, 2021 – LBank Exchange, a global digital asset trading platform, will list 2022MOON (2022M) token on December 3, 2021. For all users of LBank Exchange, the 2022M/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on December 3, 2021. Meme coins have been making huge impacts on crypto world in recent years, fans and crypto enthusiasts across the globe have built numerous strong meme coin communities. As a member of...

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Bitcoin Cash Analysis: Bulls Struggle Below $600

Bitcoin cash price started a fresh decline from $640 against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $570 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $600 against the US Dollar, similar to bitcoin....

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Spider-Man NFTs Drove The Second-Biggest One-Day Ticket Sales in AMC’s History, Says CEO

AMC Theatres – the largest movie theatre chain in the US – recently offered 86,000 non-fungible tokens to early buyers of the latest Spider-Man film. The enthusiasm among fans was quite high as it led to the second-highest one-day ticket sales in AMC’s entire history. AMC’s NFT Offer At the start of this week, the movie theatre chain partnered with Sony Pictures to provide 86,000 NFTs to reward members and retail investors who pre-order tickets for the December 16 premiere of...

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Karlie Redd Partners with Crypto Music Firm Legacy Records

Karlie Redd – famous for her role on the popular television show “Love & Hip-Hop: Atlanta” – has signed a multi-million-dollar deal with Legacy Records, a music label that pays its artists in crypto. Karlie Redd Signs a One-of-a-Kind Deal Redd is the organization’s first female artist. Earlier in the month, Legacy held a red-carpet event to celebrate her joining the ranks of its other artists and allowing fans to preview her latest songs. Some of the people to attend...

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Mercado Bitcoin’s Parent Company 2TM Secures $50 Million to Push Expansion

2TM Participacoes, the parent company of Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has recently raised $50 million from investors to further its expansion project. Crypto Service Expansion in LatAm According to a Tuesday report by Bloomberg, the company will use the funds to increase its product offering and expand its services to other Latin American markets, including Chile, Argentina, Mexico, and Colombia. 2TM’s funding round received support from several...

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Sophos: Crypto Involved in 79% of Ransomware Attacks

Ransomware is becoming a huge problem. In fact, according to a detailed report published by cybersecurity firm Sophos, cryptocurrency was involved in approximately 79 percent of the world’s ransomware incidents over the past 18 months. At the top of the list were the Conti and REvil ransomware attacks. Ransomware Is Changing for the Worse Sophos also believes that so long as cryptocurrency exists, it will likely be at the center of several other attacks in the future....

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Adidas Enters The Metaverse With BAYC, Punks Comic, and GMoney

Following a related partnership with Coinbase, Adidas has joined various NFT influencers as part of their adaptation to the metaverse. These include Punks Comic, GMoney, and Bored Ape Yacht Club (BAYC). Leaping Into The Metaverse Adidas originals – an Adidas subdivision dedicated to lifestyle and fashion – tweeted about their new partnership earlier today. Few details exist about what plans their “Metaverse” entry will entail, but they have confirmed partnerships with Punks...

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Latvian Man Arrested After Engaging in Spain-Based Crypto Scam

A crypto fraudster that is suspected to scamming his victims out of nearly 500,000 pounds has been arrested in Latvia. Prior to his capture, the man was living in Spain’s Costa del Sol, a resort town. He is accused of using investor funds to spend on a lavish lifestyle. He is believed to have been staying in luxury hotels, buying expensive designer clothing, and enjoying fine dining in top-rated restaurants. Latvian Man in Custody After Using Crypto-Invested Customer...

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