The non-fungible token universe and blockchain-based games seem to have their own macro events that affect their growth. A set of reports by the analysis company DappRadar revealed that the number of NFT trades continues to increase gradually despite the adverse price movements in the digital asset industry. Additionally, the interest in blockchain-based games is also on the rise. NFTs and Blockchain Games Becoming More Popular Most cryptocurrencies have lost some price...
Read More »Decentraland Reveals Details on its Australia Open Coverage
Following its entrance into the metaverse, the Australian Open (AO) has announced that its virtual tennis tournament, dubbed AO Decentraland, will be launching next week. AO to Host Tennis Tournament in Metaverse As earlier reported, the Australian Open (AO), one of the world’s biggest tennis tournaments, partnered with leading virtual reality platform Decentraland to extend this year’s championship to the metaverse. According to an email shared with CryptoPotato today, AO...
Read More »NCR Acquires LibertyX and Integrates Crypto Services Into 750K ATMs Globally
Bitcoin and cryptocurrencies are one step closer to mainstream adoption as NCR Corporation, a leading manufacturer of automated teller machines (ATMs), has enabled customers to buy and sell crypto assets on its more than 750k ATMs and digital touchpoints across 140 countries. NCR Acquires Crypto Firm LibertyX The development comes after NCR announced the acquisition of ATM network company and cryptocurrency software provider LibertyX for an undisclosed amount. NCR initially...
Read More »Shiba Inu Team Warned of Misleading SHIB Addresses on CoinMarketCap
According to a tweet sent from the verified Shiba Inu Twitter account, CoinMarketCap intentionally listed 3 fake smart contract addresses of SHIB. The team, therefore, warned that these addresses found on the Binance Smart Chain, Solana, and Terra are not safe to use. Going even further, the team warned users not to interact with these contracts and not to purchase SHIB from them because the “funds will be irreversibly lost.” Shiba Inu’s team also argued that CoinMarketCap...
Read More »Walmart Filed Documents to Launch a Cryptocurrency and Join the Metaverse (Report)
After the fake reports about Walmart and Litecoin last year, this time, the US retail giant has officially filed documents with local regulators to enter the cryptocurrency space and the metaverse. As seen in the CNBC report, Walmart’s filings with the US authorities about getting involved with the metaverse date late December last year. Essentially, the company wants to allow its users to shop for electronics, home decorations, personal care products, and everything...
Read More »North Korean Hackers Stole Nearly $400 Million in 2021: Chainalysis Reports
A recent report by blockchain forensics company Chainalysis stated that cybercriminals in North Korea stole bitcoin and Ether, worth almost $400 million but still have millions worth of stolen cryptocurrency funds unlaundered. Almost $400 Million Theft Recorded in 2021 The Chainalysis report published January 13, 2022, stated that the funds were stolen following attacks on a minimum of seven crypto exchanges. Also, the company believes most of the attacks were possibly...
Read More »25% of Small Businesses in 9 Countries Plan to Accept Crypto Payments in 2022 (Visa Study)
According to a recent survey conducted by the payment processor giant Visa, almost a quarter of the participants across nine nations said they intend to embrace digital currencies as a form of payment sometime this year. Furthermore, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in the following 12 months. ‘People Are Feeling More Confident with Crypto’ As reported by Reuters, Visa surveyed 2,250 small business owners from...
Read More »UFC Champion Francis Ngannou Considers Taking 50% of His Next Fight Earnings in Bitcoin
Cameroonian mixed martial artist Francis Ngannou, who competes in the heavyweight division for the Ultimate Fighting Championship (UFC), is considering joining the growing list of sports stars receiving their paychecks in bitcoin. A Bitcoin Believer The UFC champion revealed on Friday that he is a Bitcoin believer and has been discussing the leading cryptocurrency with his family and friends. Ngannou also noted that he is quite bullish on the future of Bitcoin, and that’s why...
Read More »Regulations Can Help Stabilize Stablecoins, Preventing a Possible Run, OCC Says
The Acting Comptroller of the Currency of the United States, Michael J. Hsu, gave a speech on January 13, 2022, highlighting the advantages of regulating the cryptocurrency space-specifically stablecoins-as a way to provide peace of mind and security to those using this type of technology. Speaking at the BritishAmerican Business Transatlantic Finance Forum, Hsu argued that the growth of the cryptocurrency industry had been so swift that the regulatory indifference of...
Read More »Israeli Policymakers Test the Limits and Risks of Digital Shekel: Report
In the quest not to fall behind in its drive to develop a central bank-backed digital currency (CBDC), policymakers in Israel reportedly tested stakeholders’ views to determine the risks and limits of a national digital currency. Yoav Soffer, the head of the Bank of Israel’s digital project, announced the trial, as reported by Bloomberg. He noted that knowing the opinion of stakeholders is an ongoing process, even though the digital shekel is still in its developmental stage...
Read More »
Crypto EcoBlog
