Cryptoupdates

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Cool Cats and Animoca Brands partner with OneFootball Labs to release World Cup-inspired NFTs

Cool Cats and Animoca Brands partner with OneFootball Labs to release World Cup-inspired NFTs Animoca Brands’ partnership with Cool Cats brings a football-themed NFT collection to celebrate the FIFA World Cup 2022. The two Web3 companies have teamed up with OneLabs Football to create Cool […] The post Cool Cats and Animoca Brands partner with OneFootball Labs to release World Cup...

FIFA and Altered State Machine bring football to the Meta-verse

FIFA and Altered State Machine bring football to the Meta-verse FIFA partners with Altered State Machine to launch a Web3 football-themed game, AI League: FIFA World Cup Qatar 2022 Edition. Altered State Machine and its Futurverse ecosystem focus on artificial […] The post FIFA and Altered State Machine bring football to the metaverse appeared first on Metaver...

Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down

Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and 130 Associ...

California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’

California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’ After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published a consumer alert and said the state regulator was...

BTC, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report

BTC, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent bearish sentiment. Bitcoin briefly climbed back above the...

How to trade cryptocurrencies: The ultimate guide

How to trade cryptocurrencies: The ultimate guide Introduction Cryptocurrencies are often bought and sold on decentralized exchanges like Binance or through broker-dealers like Coinbase. When buying and selling cryptocurrencies, it is important to use a reputable platform […] The post How to trade cryptocurrencies: The ultimate guide appeared fir...

How does Meta-verse drive the gaming sector

How does Meta-verse drive the gaming sector Video games are growing more lifelike as technology advances, and players are looking for more than a spectator’s role. Players want to be given agency in the game world so […] The post How does metaverse drive the gaming sector appeared first on Metaverse Post.

Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator

Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisional liquidation to preserve assets and stabilize the company.” Bahamas Securities Regulator Takes ...

Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight

Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market. Indo...

Wake up call? BTC wallets move 3,500 BTC dormant since 2011

Wake up call? BTC wallets move 3,500 BTC dormant since 2011 A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since 2011, changing the address format from P2PKH to P2SH.

Hodlers in loss sit on 50% of BTC supply after $5.7K BTC price dip

Hodlers in loss sit on 50% of BTC supply after $5.7K BTC price dip Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets.

Fvckrender drops a phygital NFT collection

Fvckrender drops a phygital NFT collection Vancouver-based digital artist Fvckrender, real name Frederic Duquette, partners with an art platform Avant Arte to release a limited-edition NFT collection. The artist has developed a set of unique phygital […] The post Fvckrender drops a phygital NFT collection appeared first on Metaverse Post.

Dogecoin Whales Move Over $410,000,000 in DOGE in Massive Transactions – Here’s Where the Crypto’s Going

Dogecoin Whales Move Over $410,000,000 in DOGE in Massive Transactions – Here’s Where the Crypto’s Going Deep-pocketed crypto whales are moving over $410 million worth of Dogecoin (DOGE) amid a volatile crypto market this week. According to the blockchain-tracking platform Whale Alert, within about an hour on Thursday, more than a total of 5 billion DOGE were transferred across six separate transaction...

DressX announces its Genesis NFT drop

DressX announces its Genesis NFT drop Multi-brand digital fashion platform DressX continues blurring the boundaries between the metaverse and IRL. This time, the marketplace announces the upcoming launch of its Genesis NFT collection. The drop will […] The post DressX announces its Genesis NFT drop appeared first on Metaverse Post.

Zimbabwean Central Bank Launches CBDC Consumer Survey

Zimbabwean Central Bank Launches CBDC Consumer Survey The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the public.” The bank said the information obtained via this process will be “treated with the ut...

Crypto Strategist Predicts Big Drop for Bitcoin (BTC), Ethereum (ETH), TRON (TRX) and Two ETH Rivals

Crypto Strategist Predicts Big Drop for Bitcoin (BTC), Ethereum (ETH), TRON (TRX) and Two ETH Rivals A widely followed cryptocurrency analyst and trader is warning of a further drop in digital asset prices after a rough week for crypto. Pseudonymous crypto strategist Capo tells his 627,100 Twitter followers that Bitcoin (BTC), Ethereum (ETH) and altcoins are all set to experience double-digit perce...

Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions

Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Russia, Turkey Arrange Coo...

NFTSTAR and Neymar Jr․ to Release Beastmode Metaverse HUMAN NFT Drop

NFTSTAR and Neymar Jr․ to Release Beastmode Metaverse HUMAN NFT Drop PRESS RELEASE. The9 Limited (Nasdaq: NCTY) (“The9”), an established internet company, has newly announced that its NFT community NFTSTAR is releasing the next drop of exclusive NFTs in collaboration with professional Brazilian international footballer Neymar da Silva Santos Júnior. The collabor...

Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts

Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market account” in addition to “debit cards, checks, and wha...

US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’

US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’ U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many people pointed out that t...

Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause

Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarity” on the current state of FTX, which had previously anno...

TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron

TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped a h...

Crypto Lending Platform BlockFi Announces Withdrawal Freeze, Blames ‘Lack of Clarity’ at FTX and Alameda Research

Crypto Lending Platform BlockFi Announces Withdrawal Freeze, Blames ‘Lack of Clarity’ at FTX and Alameda Research In the latest sign of fallout from the collapse of the digital asset exchange FTX, crypto lending platform BlockFi now says it has stopped allowing its customers to withdraw funds. The company just posted a message to customers on Twitter stating that a “lack of clarity” on the status of FTX and...

JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns BTC Price Could Drop to $13K

JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns BTC Price Could Drop to $13K Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall to $13,000. JPMorgan...