Cryptocurrency

Cryptocurrency
Despite Speculation, MetaMask Maintains that No Airdrop Is Planned for the Immediate Future

Rumors of a MetaMask Airdrop Gain Traction Rumors have recently been circulating in the crypto community, suggesting that popular Ethereum wallet and browser extension MetaMask is planning an airdrop. These rumors have gained significant traction among users, leading to heightened…

Cryptocurrency
Tim Draper Advises Businesses to Hold Two Payrolls Worth of Cash in Crypto as a Hedge

Bitcoin as a Hedge Against Economic Collapse Billionaire venture capitalist Tim Draper suggests that businesses should maintain “at least two payrolls worth of cash” in Bitcoin (BTC) and other cryptocurrencies. While Draper didn’t specify the allocation between Bitcoin and altcoins,…

Cryptocurrency
US Risks Losing Web3 Developer Jobs: Regulatory Hurdles losing Crypto Talent

The Current State of Web3 Development in the US Currently, over 23,343 open-source software engineers are driving a market valued at more than $1 trillion. The United States could potentially miss out on one million developer jobs over the next…

Crypto Exchange
Beaxy Crypto Trading Platform Faces SEC Charges: Unregistered Activities and Misused Funds

SEC Charges Beaxy for Non-Compliance The US Securities and Exchange Commission (SEC) has charged the Beaxy crypto trading platform for failing to register as a national securities exchange, broker, or clearing agency, according to a recent news release. The SEC…

Cryptocurrency
Disney Abandons Metaverse Arm Development: An In-Depth Look

Disney’s venture into the metaverse has met a sudden halt, with reports indicating that the entertainment behemoth has closed down its entire metaverse division. In an effort to optimize its operations and reduce expenses, the company is cutting 7,000 jobs,…

Cryptocurrency
Bank of Japan Revolutionizes Secure Digital Payments with CBDC Readiness

Bank of Japan Emphasizes CBDC Readiness for Safe Digital Payment System Accessibility The Bank of Japan (BoJ) has highlighted the need to ensure that its Central Bank Digital Currency (CBDC) is prepared to provide a secure digital payment system to…

Bitcoin
Crypto as an Excellent Hedge, Debunking the Presidential Report

In March 2023, an annual report prepared by the Council of Economic Advisers was submitted to the United States Congress. The Economic Report of the President provides an overview of the nation’s economic progress during the previous year and the…

Crypto Crime
Ex-Manager of Shakira – Gerard Piqué’s loses $600 Million in a Scandal and Adapting to a Humble Lifestyle

In a dramatic turn of events, soccer star Gerard Piqué has found himself entangled in a massive cryptocurrency scandal, resulting in a jaw-dropping loss of $600 million. This article examines the details of the unfortunate incident, how it has affected…

Cryptocurrency
Hacker sent back $90 million funds to Euler Finance

Earlier this month, Euler Finance, a decentralized finance (DeFi) protocol, fell victim to a $200 million exploit. However, in a surprising turn of events, the hacker responsible for the attack decided to return a majority of the stolen funds to…

Altcoins
Crypto Community Optimistic Over Arbitrum, a New Ethereum Layer 2 Solution

Blockchain technology has brought several benefits but also some significant challenges.  One of these issues is scalability or the ability of the network to handle the increasing amount of data, traffic, or users without compromising performance.  Blockchain layer one projects,…