Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report

Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate... Read more »

Markets Slump In Wake of Fed Meeting

Key Takeaways Crypto markets briefly rose today before taking a sharp dive in the wake of the Fed’s FOMC meeting today. Bitcoin and Ethereum enjoyed significant gains on the day before they... Read more »

Ethereum bulls aim to flip $2.8K to support before calling a trend reversal

The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the... Read more »

Money laundering 0.05% of all crypto transactions in 2021: Chainalysis report

Every year since 2017, blockchain analysis company Chainalysis publishes a report focusing on money laundering and illicit transactions going through the cryptocurrency ecosystem. This year’s report summary shows that while the total... Read more »

Kazakhstan Shuts Down Crypto Mining Farms Till February

Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces... Read more »

Turkish president orders ruling party to organize metaverse forum

Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject. Erdoğan has reportedly urged... Read more »

Fantom DeFi Users Aren’t Spooked by Rocky Market

Key Takeaways Fantom’s DeFi ecosystem has soared to new all-time highs in total value locked, trailing only Ethereum and Terra. The boom has been fueled in part by Andre Cronje and Daniele... Read more »

A look into the metaverse of GameFi rookie MOBOX

With the dozens of gamified DeFi projects and earn-to-play games that launched last year, it’s hard to separate one fantasy-themed NFT marketplace from another, a metaverse innovator from a flash game with... Read more »

Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading

Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the... Read more »

Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement

The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as stock markets staged a... Read more »