Bitcoin remained in a bearish zone and extended decline below $40,000.
Uniswap Labs Ventures is the latest example of crypto companies investing beyond their core business.
Fees could soar as high as 70% in the Meta-owned virtual reality game.
Near Protocol is set to launch its very own algorithmic stablecoin known as $USN The launch of USN will be in partnership with other well-capitalized stablecoins to offer attractive APYs in the Near ecosystem Near Protocol hopes USN will see the project reach the heights of Terra (LUNA) and its UST stablecoin Near (NEAR) is also expected to be listed on Coinbase in the next couple of months
With a brand new collection for the online and offline world, Zara will let users dress themselves in the metaverse.
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion.
Types of Consensus Mechanisms: Key Features, Pros and Cons, Use Cases
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s ‘single most annoying problem,’ a deep dive into the world of Bored Ape Yacht Club NFT gains, a pile of bitcoins connected to Mt Gox still shrouded in mystery, and tax developments in Indonesia.
European institutions are closing crypto loopholes for Russia with the latest package of penalties imposed by the EU over Moscow’s aggression against Ukraine. The new sanctions prohibit the provision of “high-value” crypto-asset services to Russian entities and residents.
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks.
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