May 25 2022

Singaporean firm NGC ventures launches $100M Web3, metaverse fund

May 25 2022 Published at Coinscreed under tags  metaverse news ngc ventures web3

NGC Ventures, a crypto-focused venture firm backed by Babel Finance and Huobi Ventures, has created a new ecosystem fund exclusively for Web3 and metaverse projects. Babel Finance, Huobi Ventures, Nexo Ventures, Altonomy, and GBIC were among the investors in NGC Metaverse Ventures, the company's third blockchain fund. According to Roger Lim, general partner of NGC […]

Terra to Relaunch: Do Kwon’s Proposal Passes By 65% (LUNA Airdrop)

May 25 2022 Published at CoinCentral under tags  luna news terra ust

A proposal to relaunch the Terra blockchain has passed with a wide margin of 65.5% votes in favor. The new blockchain is called LUNA 2.0 and will come into existence in the next two days, this May 27. As per the...

Do Kwon’s Proposal For Terra Relaunch Gets Approved, Now What?

After the de-pegging fiasco occurred on the Terra ecosystem amid the recent bloodbath, Do Kwon, founder of the crypto project, proposed the Luna ‘Revival Plan 2’ a week ago to prevent a total collapse. Afterward, the company...

ECB expresses concerns over ‘interconnectedness’ of crypto with financial institutions

May 25 2022 Published at CryptoSlate under tags  analysis

The European Central Bank warned in its latest Financial Stability Review that the growing adoption of crypto assets by banks and other financial institutions could affect the region's financial...

Breaking: Portugal Takes U-Turn On Crypto Taxation

May 25 2022 Published at Coingape under tags  crypto tax portugal regulation news

Hardly ten days after the country’s finance minister indicated that cryptocurrencies could be taxed in the near future, Portugal made another key decision. The latest move on Portugal crypto tax comes after the government placed its budget for 2022 in its Parliament on Wednesday. Portugal, The Crypto Tax Haven On May 16, Portuguese minister of...

Untethered: Top Stablecoin USDT Dominance Begins To Decline

May 25 2022 Published at Bitcoinist.com under tags  binance usd busd stablecoin tether usdc

Data shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed Around $10 Billion Reserves After UST's Collapse A stablecoin is a token whose value is pegged to another currency or commodity. The most popular such coins follow the USD, meaning their price normally...

Celsius is helping users transition from Web 2.0 to Web 3.0

May 25 2022 Published at CryptoSlate

The volatility of the crypto market had minimal impact on what's happening behind the scenes of the crypto industry. Speaking to Cryptonites' Alex Fazel at the Paris Blockchain Week, Brian Rose said that the state of the market hasn't come up a single time during the entire event. The event, designed...

How To Set Up Uptime Monitoring For Your Home Bitcoin Mining Setup

If you’re looking for a way to keep an eye on your miners, this new Umbrel project helps you do just that.Umbrel continues to onboard awesome projects to their platform — most recently an application called "Uptime Kuma." Self- described as "a fancy self-hosted monitoring tool," Uptime Kuma is a project by Louis Lam that endeavors to ship a self-hosted version of "Uptime...

Metaverse Scams: How It Works And How To Avoid Scams In The Metaverse

May 25 2022 Published at Coinscreed under tags  metaverse metaverse scam

The metaverse is innovative and appealing, but it still has potential risks we see in our everyday lives. Cryptocurrencies and blockchains have been around long enough that we are familiar with many of the issues surrounding them, even though the metaverse is a brand new concept. Metaverse may have plans to go beyond blockchain, but […]

LUNA 2.0 May Rise Price From $10 to $50, While Binance, Coinbase Gemini May Face a Lawsuit Soon!

The post LUNA 2.0 May Rise Price From $10 to $50, While Binance, Coinbase Gemini May Face a Lawsuit Soon! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide After the lesson learnt in the past fortnight, Terra is all set to become the fully-community owned chain to empower the ecosystem. While centralized exchanges like Binance, ByBit, etc are reportedly...

Ethereum L2 Protocol StarkWare Raises $100 Million At $8 Billion Valuation

May 25 2022 Published at Coingape under tags  altcoin news news starkware

Ethereum's layer two protocol, StarkWare has ended its series D funding at $100 million. The announcement was made in a tweet by the company, few hours ago. StarkWare Industries is a layer two Ethereum block protocol, founded on January 1, 2018. Its headquarters is located in Netanya, HaMerkaz, Israel. StarkWare Attain $8 Billion Quadruple In...

Luna Crash Highlights Crypto Market’s Vulnerabilities, Astra Protocol to the Rescue

May 25 2022 Published at Bitcoinist.com under tags  industry

As if external fundamentals related to geopolitical tensions and worries of economic recession weren’t enough, the crypto industry has been bleeding due to internal factors. Earlier in May, TerraUSD (UST), the largest algorithmic stablecoin by market cap, collapsed and is now trading at only eight cents, even though it was supposed to maintain a 1:1 peg with the US dollar. Korean developer Do...

Devon Henry Launches CryptoFederacy NFT Art Collection to Raise 13 Million Dollars for Social Causes

Richmond, VA, 25th May, 2022, Chainwire In 2020, Devon Henry said yes to a job that no other contractor had the courage to accept. The story of Henry’s role will...

Avalanche Submits AIP to ApeCoin DAO to Launch Otherside as a Subnet on its Blockchain

Summary: Avalanche has submitted an Apecoin Improvement Proposal to the Apecoin DAO to migrate the Otherside metaverse as a subnet on its blockchain. The team at Avalanche points out that the AVAX chain has 'rapid transaction processing, higher throughput, greater ability to scale and lower gas fees.' Apecoin subnet will have its own customizable Ethereum Virtual Machine (EVM) execution environment. The proposal has...

Seven Blocks Reorganized On Ethereum Beacon Chain

May 25 2022 Published at Crypto Briefing under tags  ethereum merge news

The Ethereum Beacon Chain has experienced a seven-block reorganization, raising concerns for the Merge. Nothing Systemic Seven blocks were reorganized on the Ethereum Beacon Chain earlier today. Beaconscan shows that...

Adam Neumann’s Tokenized Carbon Credit Startup Raises $70M From a16z and Other VC Giants

May 25 2022 Published at CryptoPotato

WeWork founder Adam Neumann’s recently launched startup Flowcarbon has secured a huge funding round led by the crypto venture capital king, a16z.

Emerging nations more bullish on metaverse versus developed world

May 25 2022 Published at CryptoSlate under tags  metaverse

Excitement about the metaverse is higher in emerging nations compared to high- income countries, according to a global survey conducted by Ipsos for the World Economic Forum. Roughly 52% of the over 21,000 adults surveyed across 29 countries said they were familiar with the metaverse. Around half of the respondents said they have positive feelings about engaging with...

Metaverse Record: Biggest Property Sale In Virtual Land Hits $5 Million

Yes, people are opening up their wallets and paying millions for virtual real estate in the metaverse. Curzio Research, a financial publishing company, announced that they have recently purchased a sizeable virtual land in TCG World, a not-so-popular metaverse. The previous record-holder, who paid $4.3 million for a plot in the Sandbox, was blown out of the water with this...

Overvalued or Undervalued? How much is Ethereum actually worth?

Ethereum (ETH) is one of the most popular and well-known cryptocurrencies. For the market, the Ether price is the second most important value after the Bitcoin. At the moment we saw a sharp drop in the value of Ethereum in 2022. But...

Miami’s Mayor Continues to Receive His Salary in Bitcoin

May 25 2022 Published at CryptoPotato

The first American politician to receive his salary in bitcoin - Francis Suarez - admitted still taking his paycheck this way.

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