Decentralized autonomous organizations (DAOs) are individuals that collectively organize in social applications and blockchains to pursue common goals and interests. As the direction of the Metaverse keeps maturing, DAOs are rallying around the prospect of utilizing and investing in the Metaverse. Seeing that Goldman Sachs placed an $8 trillion valuation …
Read More »23-year-old Australian buys $314k property via planned crypto investments
A young resident from Queensland, Australia played the long game of accumulating Bitcoin (BTC) and Ethereum (ETH) over several years to eventually overcome the soaring real estate prices during the 2020 bull run and own his dream home. The 23-year-old Loi Nguyen started his journey as an investor back in …
Read More »Goldman Sachs tip-toes into ETH, Mar. 4-10
Wall Street’s embrace of digital assets is showing no signs of slowing down. In fact, they don’t even need to tell us about it as the proof is in the fine print. This week, a United States Securities and Exchange Commission (SEC) filing revealed that multinational investment bank Goldman Sachs …
Read More »Crypto education can bring financial empowerment to Latin Americans
In October 2021, it was estimated that approximately 15% of the world’s supply of Bitcoin (BTC) was in circulation in Latin America. According to a recent report released by Crypto Literacy, however, 99% of Brazilian and Mexican respondents failed a basic assessment on crypto literacy. Crypto adoption is well underway …
Read More »Valkyrie Investments‘ Leah Wald on Bitcoin ETFs and the future of digital assets
Cointelegraph sat down with Leah Wald, CEO of digital asset investment firm Valkyrie Investments, to learn more about the importance of a Bitcoin (BTC) exchange-traded fund (ETF) and the future of digital assets. For context, Valkyrie Investments was launched in 2021 and is one of the only asset managers to …
Read More »Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
Nine Republican senators have backed legislation aimed at directing the policy of U.S. government agencies around concerns that China’s digital yuan may be used to circumvent sanctions and compromise users’ personal information. In a Wednesday announcement, Louisiana Senator Bill Cassidy and Tennessee Senator Marsha Blackburn, backed by seven other Republican …
Read More »16 times oversubscription of its first public sale: Melos Studio enters Phase 2 expansion
According to the official news, Melos Studio conducted its first Melos token Public Sale at Tokensoft on March 1, 2022 at 2:00 pm UTC (10:00 pm BST). The token price was 0.05USD/Mlelos. The minimum subscription fee for each person was 500USD, and the cap was 1000USD, making the total fundraising …
Read More »Ethereum gas fees drop to lowest levels since August 2021
Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August. But they’re still not cheap. According to data sourced from Coinmetrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as of March 9 totaled $11.14, placing it …
Read More »Crypto.com airdrops LeBron James NFT collection to eagle-eyed Super Bowl ad viewers
The Crypto.com exchange announced the airdrop of its “The Moment of Truth” nonfungible token (NFT) collection featuring Los Angeles Lakers forward LeBron James to 5,550 randomly selected viewers of its Super Bowl commercial. Those who found and scanned a hidden QR code that appeared 10 seconds into a conversation between present-day James …
Read More »Siblings charged over mining coin that turned into alleged $124M fraud
A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in the Ormeus Coin scheme. On Mar. 8, the Securities and Exchange Commission (SEC) charged siblings John Albert Loar Barksdale and sister JonAtina (Tina) Barksdale with …
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