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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
Disney enters metaverse by patenting its technology for theme parks The world’s largest media and theme park company was recently approved for a virtual…
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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The United States accounts for a larger portion of global crypto transactions carried out daily. Within the United States, California is leading the pack as the most “most crypto-ready” state. Crypto-related Google searches, the existence of Bitcoin (BTC), and other cryptocurrency ATMs account for what makes up these interesting…
BSC-based exploits in the news again as pNetwork experiences exploit resulting in the loss of users funds. pNetwork has promised a $1.5 million bounty for anyone who provides useful information leading to the recovery of the fund. pNetwork now ranks among tens of BSC projects that have been exploited…
El Salvador bought 150 Bitcoin during the fall in BTC prices. After falling 17.3% this week, Bitcoin has recovered to above $42k. Bitcoin ATMs in the country have reached 205, the highest after the US and Canada. While there was panic in the market after a considerable dip in…
In August, OpenSea became a crypto unicorn after raising $100 million in a funding round led by Andreessen Horowitz. As a result of the NFT boom, OpenSea trade volume has surged by 76,240 percent year-to-date. Amidst the surging interest, some users have reportedly lost $100,000 in NFTs as a…
In early September, El Salvador adopted Bitcoin as legal tender in a bit to strengthen the country’s remittances. Following this move, El Salvador’s largest bank has partnered with Flexa for Bitcoin payment. This move could see companies like MoneyGram and Western Union losing considerable market share in the country’s…
SEC chairman Gary Gensler lays out crypto market agenda in senate testimony He calls the crypto market a “Wild West” Gensler also clarified that, despite his criticism, he was not pessimistic about cryptocurrencies. The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has once again urged…
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