In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply. In response...

The Metaverse is poised to become tech’s next trillion-dollar opportunity, as an increasing number of companies are showing interest in immersive virtual spaces that will allow consumers to go beyond what’s possible in real life. This was highlighted in a recent report from CB...

Attendees to the BlockDown Croatia 2022 festival were witness to Cointelegraph’s discussions around sociopolitics of the Web3 ecosystem, non-fungible tokens (NFT) and the Metaverse. It turns out that ongoing innovations across the crypto ecosystem are well-positioned to dictat...

Cardano is a decentralized blockchain network, which uses the Proof-of-Stake model. The roles and responsibilities are equally shared by the Cardano partners, ‘The Cardano Foundation, IOHK, and EMURGO. The network is the first blockchain to implement Ouroboros, which is a dece...

Web3.0 is the next generation of the internet. It is the next stage of development in the World Wide Web and is also referred to as semantic web or read-write-execute web. The main concepts of Web 3.0 include decentralization, openness, and increased user utility. Incredible r...

The metaverse is a public virtual world that can be accessed by the internet. It can be referred to as a virtual world that parallels our IRL lives having areas like offices, houses, parks, parties, and clubs. This digital space converges social networking through augmented re...

Iconic rapper Ice Cube — also known as O’Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an “incredible and historical” DOGE transaction. Cube’s entry into the wild world of Dogecoin is related to the BIG3 basketball league that he co-founded. Th...

It can be described as an open-source protocol built for everyone. It enables independent chains to securely exchange messages and conduct transactions with each other without the need for a trusted third party. The Polkadot blockchain was created to allow Substrate-based bloc...

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.https://cryptonews.com/news/blockchain-interoperability-20...-laying-the-foundation-for-a-multi-chain-ecosystem.htm

ApeCoin (APE) blows the crypto space once again as it records a new all-time high. In detail, APE smashes the skyrocketing price of more than $20 in the past 24-hours. This made the market capitalization of the crypto surge to more than $6 billion with a 24-hour trading volume...

Theta Network (THETA) is down 5.81% on the daily and 16.03% for the week, according to CoinMarketCap. The price of THETA is $2.55 at the time of writing, and has a market cap of $2,554,521,275. This makes it the 41st biggest crypto project by total market cap, behind The Sandb...

Volatile trading on futures tracking the dogecoin (DOGE) and ApeCoin (APE) tokens resulted in millions of dollars in losses to liquidations, data from tracking tools shows. Losses on DOGE futures exceeded $22.65 million in the past 24 hours while losses on APE futures exceeded...

MetaMask is a well-known wallet for Ethereum-enabled distributed applications (dApps). But can MetaMask hold Bitcoin (BTC), which remains the largest cryptocurrency? For many crypto investors, Bitcoin is an important part of their portfolio. Besides being an investment asset,...

SafeMoon has been under the crypto spotlight recently but for all the wrong reasons. Several allegations made against the project have impacted its public image and tanked SFM’s price. However, a Reddit user claims to have busted a recent allegation made by Youtuber Coffeezill...

2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, plans to launch a crypto asset manager focused on quantitative trading, the company confirmed to Brazilian financial media outlet InfoMoney on Thursday. 2TM expects to launch th...

There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to the entire promise and growth of Web3. Web3...

But the main thing is money here that revolves digitally. Cryptocurrency is the innovation that aids online buying and selling but only in the virtual world. It can be a good idea to include it with the online casinos. Many doubts are there to start the complete implementation...

OpenSea, the leading NFT marketplace, has faced several lawsuits following hacks on its platform. Jimmy McKimmy, an NFT owner from Texas, sued OpenSea for the recovery of more than a $1 million loss of his stolen NFT, Bored Ape #3475. Hacks have led to more uncertainty in the...

The Ripple (XRP) community was in shock yesterday after the SEC disclosed that it does not seek to take additional discoveries at this time. This comes after the court requested that the SEC state its position on the additional discovery by April 15, 2022. “Pursuant to this co...

The Diamond Teeth land, located in the Technology district of SHIB: The Metaverse, has just received a new highest bid of 6.51 ETH, surpassing the previous highest bid of 5.19 ETH. The initial stage of SHIB: The Metaverse or three days Exclusive “Early Access Land Bid Event” e...

American comic book publisher Archie Comics, known for its iconic Riverdale characters, is leveraging the blockchain to develop fan-generated art and stories as well as Archie-inspired nonfungible token (NFT) collections. Laura Braga and Vincezo Federici, the artists behind th...

Despite the recent selling spree, Ethereum bulls have held on to the $3,100 support whilst the king alt showed gradual improvements on its 4-hour RSI. Similarly, Cosmos buyers showed up in the $25-$26 range to stall its ongoing sell-off. On the other hand, Tron witnessed a dea...

For the mining industry, Bitcoin 2022 in Miami was a moment to take center stage after spending previous conferences more in the shadows. The sector took over almost half the exhibition space at the show and there were plenty of lively discussions on mining with packed audienc...

Blockchain mana Now that we understand why Koinos is designed the way it is (to support free-to-use experiences), I’m going to explain in more detail how this works. One of the innovative features of Koinos is its novel fee-less mechanism, called “mana,” which allows KOIN hold...

EQIFi is a global De-Fi alternative to traditional financial products backed by EQIBank, one of the largest digital banks in the world. EQIBank, recognized as HNWI digital bank of the year 2022 by Pan Finance, serves clients in 180 countries, with 15+ years of experience in gl...

NFT stands for Non-Fungible Token. NFTs are data units that represent a unique digital asset that is authenticated and stored on the blockchain. As the name suggests ‘Non-Fungible’ refers to non-interchangeable which means no two NFTs are the same but can be sold and traded. H...

A global SHIB adoption on the rise SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes, and Twitch are among the prominent firms that now accept SHIB. Shiba Inu stated earlier this year that it is preparing to launch its own ‘burn domain.’ The platform will b...

The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around a pledge endorsed by members’ CEOs or chief compliance of...

The real changes in the financial world are starting with combining DeFi and CeFi, which is paving the way to mainstream crypto adoption. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized...

Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, will requi...re crypto firms that only provide services to clients abroad to...