Crypto Market Volatility: Impact of Silvergate’s Liquidation, KuCoin Lawsuit, and Powell’s Comments
Silvergate Capital Corporation has revealed that it will close its operations due to "recent industry and regulatory developments". The company confirmed that the liquidation of Silvergate Bank would involve the complete repayment of all customer...
RBI Executive Director Reveals India’s Testing of CBDCs Offline Capability
Ajay Kumar Choudhary, the executive director of the Reserve Bank of India (RBI), has revealed that the recently launched digital rupee, India's in-house central bank digital currency (CBDC), is undergoing offline functionality testing. Apart from...
SEC Crypto Regulator Is Not Doing Its Job, According to Kraken’s CEO
The CEO of Kraken, Jesse Powell, has accused U.S. regulators of enabling "bad actors" in the cryptocurrency industry to grow to an enormous size at the expense of legitimate players. In a recent tweet, Jesse Powell, present a personal idea about...
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A music festival is offering NFTs as lifetime passes
Coachella, the famous US music festival, has launched lifetime festival passes. But the truly surprising news is that these passes will be sold as NFT. Coachella has partnered with FXT.US to create the Coachella NFT marketplace. The NFTs will be put on sale on...
The Metaverse Will Have NFTs With Utility in 2022
Non-fungible tokens (NFTs) have reached a higher level of popularity and acceptance by both the online and crypto communities. NFTs with utility are here and are no longer considered a bubble, as more projects join the space and give new utility to the created NFTs. ...
What Are Metaverse NFTs and How Do They Work?
What is a metaverse NFT? The metaverse has been one of the most awaited online experiences. Now it is now available for users from all around the world through a simple internet connection. Here’s what the metaverse brings and how the metaverse NFT tokens can be...
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