Facebook Announces a $50M Fund to Research the Development of a Metaverse
The social media giant announced earlier this week its plans to create its own metaverse with the help of multiple parties. To do so, Facebook will allocate $50 million for…
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Morgan Stanley Increases Bitcoin Exposure: Buys Over 58,000 GBTC Shares More
Morgan Stanley – the global financial services mogul – continues to increase its exposure to Bitcoin through Grayscale’s BTC trust. Morgan Stanley continues to increase its exposure to Bitcoin. As CryptoPotato reported…
Chinese Crack Down on Crypto Intensifies: Over 10,000 Mining Rigs Confiscated in Inner Mongolia
The National Development and Reform Commission of the People’s Republic of China has seized 10,100 cryptocurrency mining rigs from a government-operated tech park in Inner Mongolia. The operation marked the…
Coinbase Will Let You Get Your Paycheck in Crypto With a Couple of Clicks
Coinbase, the leading cryptocurrency exchange in the United States, announced a few hours ago that american citizens will be able to automatically receive their paycheck in crypto. The new “Get…
Ethereum’s Second-Largest Mining Pool to Shut Down on Sept 30 Amid China Regulatory Pressure
The second-largest ETH mining pool – Sparkpool – has announced that it has halted access to new users in Mainland China. Furthermore, the organization plans to abandon all of its…
Former US Treasurer Says BTC and ETH Are Speculative, Backs XRP Instead
Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios…
Emurgo Launched $100 Million Investment Fund to Power DeFi and NFT Projects Building on Cardano
Emurgo, the commercial branch of the Cardano ecosystem, has released a new product focusing on investing in startup protocols that want to build on the Cardano blockchain. This comes after…
Bitfinex Paid Over $23 Million in ETH Fees to Send $100K Worth of USDT
The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s…
Bullish? Only 16% of ETH Is Currently Sitting on Exchanges
The overall demand for ETH continues to increase with new on-chain data suggesting that the total supply held on exchanges has declined by approximately one-third in the past year alone.…
Bitcoin Can Become The 21st Century Digital Gold, Says Deutsche Bank’s Macro Strategist
Marion Laboure – Macro Strategist at Deutsche Bank – believes bitcoin has the potential to become the “digital gold” of this century. However, she expects the cryptocurrency’s price to be…