Archived Posts

Popular cryptocurrency exchange Coinbase Global Inc., has requested its Japanese clients to withdraw their cryptocurrency and fiat balances by February 16 as it suspends activities “to undertake a full examination” of its operations in Japan. After February 16, Coinbase will exchange any leftover cryptocurrency assets for Japanese yen and transfer any leftover yen “to a   Read more...

Exchange.art now supports SPL (Solana Program Library) Tokens, allowing authors to be compensated using Solana ecosystem-based cryptocurrencies. This new connection gives artists more control over their revenue and creates additional monetization options. Previously, creators were just compensated with $SOL. Exchange.art now accepts SPL tokens, allowing artists to pick the currency with which they desire to   Read more...

Bitcoin is just a day away from tying its unprecedented 15-day winning run if the current upward price trend continues. Bitcoin’s 15-day upward price rise in November 2013 was the lengthiest in its existence. BTC is currently on day 14 of a winning run, reaching four-month peaks in the way. Another day of price appreciation   Read more...

Alice Delahunt thinks web3 is the game changer of fashion and founded Syky to get the ball rolling. After a successful stint in marketing at luxury fashion businesses, where she held positions such as chief digital and content officer at Ralph Lauren and digital and social marketing director at Burberry, she founded the business in   Read more...

In Singapore, Singtel has rolled out its initial metaverse events. The Singaporean telecoms firm organised a distinct trial metaverse event dubbed “Destination: island” for users of SK’s ifland metaverse network. The simulation demonstrated the manner in which 5G networks would be capable of supporting and provide more realistic 3D virtual environments. A competition that happened   Read more...

On Monday, the Seoul Metropolitan Government unveiled the initial phase of Metaverse Seoul, which offers a range of services. According to the municipal administration, it was the initial large city in the world to build a metaverse platform and operate a public sector facility. The platform’s functions are categorized into five categories: economics, education, tax,   Read more...

Bradesco, one of the major banks in Brazil and the third largest in all of Latin America, has issued its first tokenized credit notes, therefore entering the realm of cryptocurrencies. The operation, conducted in collaboration with Bolsa OTC, tokenized about $2 million in bank credit notes provided by Bradesco. Bradesco, one of the largest banks   Read more...

Ethereum Hovers Around $1600

January 16, 2023

The value of Ethereum has reached its highest point in 10 weeks. Furthermore, ETH issuance has returned to deflationary area as network demand increases. The value of Ethereum reached $1,600 on the morning of January 16. ETH’s price reached its highest level since November 8 this morning, surpassing $1,589 on the back of more weekend   Read more...

The Bitcoin mining complexity level increased by 10.26% today morning in Hong Kong, reaching a historical high of 37.59 trillion, as per statistics from BTC.com, after some U.S.-headquartered miners returned online after being pushed offline by the latest winter storms. The Bitcoin complexity reading in 2022 was 26.64 trillion, over 30% less than the recent   Read more...