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Meta Hires Keke Palmer to Help Demystify Metaverse

Meta Hires Keke Palmer to Help Demystify Metaverse

[ad_1] American tech giant Meta Platforms Inc hired Hollywood actress Keke Palmer to help drive the metaverse concept to the general public.  Meta Platforms has launched a video series dubbed “Metaverse 101” with Palmer as the host. As described by Venture Beat, the series is fronted as part of ‘Bill Nye The Science Guy,’ part […]

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KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’

KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’

[ad_1] The CEO of crypto exchange KuCoin says it is launching an “Anti-FUD Fund” to track down and potentially take legal action against “FUDers” and educate crypto users on identifying misinformation. Johnny Lyu, CEO of the exchange announced the fund in a July 26 Twitter thread and comes only days after publishing a blog post criticizing

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Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies – Emerging Markets Bitcoin News

Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies – Emerging Markets Bitcoin News

[ad_1] About 53% of South Africans have little to no knowledge about cryptocurrency, while only 14% thought or felt they had a better understanding of the subject, a report has said. Nearly half of the respondents said they would only invest in cryptocurrency if or when their respective banks are involved. South Africans Weigh In

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Bitcoin Slips To 1-Week Low Ahead Of Fed Hike Rate Decision

Bitcoin Slips To 1-Week Low Ahead Of Fed Hike Rate Decision

[ad_1] On July 26, the price of Bitcoin (BTC) fell to a level not seen in more than a week as investor anxiety grew in anticipation of the Federal Reserve raising interest rates. Bitcoin Slumps According to TradingView, the leading cryptocurrency is currently trading below $21,000 at $20,955, down 4.26 percent today and a further

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Celsius Network Petitions Court to Consult Former CFO Rod Bolger

Celsius Network Petitions Court to Consult Former CFO Rod Bolger

[ad_1] Embattled cryptocurrency lending platform Celsius Network has petitioned the US Bankruptcy Court to grant it permission to re-engage Rod Bolger, its former Chief Financial Officer (CFO). The firm highlighted its plan to tap from the wealth of experience Bolger, which he deployed in the firm’s services when he was the CFO for a period

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‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report

‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report

[ad_1] New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022. According to a mid-year update on cyber threats by American cybersecurity company SonicWall, global cryptojacking volumes rose by $66.7 million, or 30% in the first half of 2022 compared to the same period last

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Japanese Bank SMBC to Foray Into NFT and Web3 Markets – News Bitcoin News

Japanese Bank SMBC to Foray Into NFT and Web3 Markets – News Bitcoin News

[ad_1] The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token

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Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits

Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits

[ad_1] Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line

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Hong Kong Crypto Exchange OSL Opens Institutions Investment in Security Tokens

Hong Kong Crypto Exchange OSL Opens Institutions Investment in Security Tokens

[ad_1] OSL Digital Securities Limited (OSL), a major cryptocurrency exchange based in China, announced on Tuesday that it has become the first Type 1 SFC-licensed digital asset broker to offer sales of security tokens to professional investors in Hong Kong through private security token offerings (STOs). According to the official statement, OSL is the first

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IMF global outlook suggests dark clouds ahead for crypto

IMF global outlook suggests dark clouds ahead for crypto

[ad_1] Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth. The IMF’s July update on the World Economic Outlook titled “Gloomy and More Uncertain” points to “higher-than-expected inflation,” and a contraction of global output as indicators of incoming poor economic

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