HSBC, a British banking organization with little-to-no positive words and approach to the cryptocurrency industry until recently, will collaborate with The Sandbox to foray into the metaverse. The announcement from the Animoca Brands subsidiary informed that the new partnership will allow the banking giant to “open...
“Gandalf, my old friend, this will be a night to remember.” The perfect dinner date for Web3 enthusiasts happened on 07 March 2022 in Delhi. Energy, passion, and knowledge sharing made the event power-packed! But, how did this start? A simple tweet from Sourav (who is a...
Meta (formerly Facebook) threw in the towel on its grand plans to create a digital currency last year. Earlier in 2022, though, it sold the remaining assets to Silvergate Capital for $182 million. The team behind the original Diem project announced they were working on a...
A few hours ago, the bitcoin price spiked to $41,700, charting an increase of 5.6% in less than an hour. Unfortunately, the cryptocurrency retraced just as quickly and left over $200 million in liquidations for the day. Bitcoin’s choppy sideways price action continues with full force....
The blockchain market readies itself to reach a high of $ 394.60 billion by 2028, and there’s no sign of the growth graph receding any time soon. Blockchain technology now caters to large enterprises, investors, and even governments. Despite the bright prospects, the current league of...
The Shanghai Public Security Bureau and the Yangpu Public Security Bureau conducted a joint investigation on pyramid schemes using cryptocurrencies. Shortly after, the authorities busted an online platform, which drained nearly $16 million in digital assets from its victims over the years. Shanghai’s First Cracked Crypto...
The popular ecosystem for non-fungible tokens – Enjin – launched the first NFT parachain on Polkadot. Following the initiative, the former vowed to support CryptoBlades and its more than one million users. The First NFT Parachain Launched on Polkadot At the end of 2021, Enjin’s NFT project...
Mark Zuckerberg – CEO of Meta (formerly Facebook; owner of Instagram) revealed today that Instagram will be integrating NFTs into its platform. Speaking at SXSW, the billionaire confirmed that the digital collectibles would come to Instagram “in the near term”. He shared little detail about what role...
Lack of expertise in blockchain and digital currencies is making investigations into fraud cases not only tricky but also susceptible to new scams. In one such case, the police in Indian city Pune have arrested two persons who were hired to help the probe into...
Elliptic – a blockchain forensics firm – has reportedly given authorities information about a digital wallet that could possibly be linked to sanctioned Russian entities. It apparently stores “significant asset holdings,” amounting to millions of dollars worth of crypto. Caught Using Crypto? In an interview with Bloomberg...