Improbable, a renowned metaverse technology company, has made an unprecedented move by selling its gaming division, The Multiplayer Group (MPG), to Keywords Studios for an impressive £76.5 million ($97.1 million). This strategic decision by Improbable aims to propel Keywords Studios’ Create division, as it incorporates MPG’s vast expertise in multiplayer game development. MPG has forged
Revolut, the digital banking and financial services company, has recently announced a temporary halt to its cryptocurrency trading services for business clients in the U.K. This decision comes as a response to projected regulatory modifications in the crypto industry. The Financial Conduct Authority (FCA) has introduced a series of new rules aimed at enhancing investor
When considering the current state of Cardano (ADA), it becomes evident that its price action is closely aligned with the overall weakness seen in the crypto market, particularly with Bitcoin. According to an analyst from the Austin Hilton YouTube channel, which provides comprehensive coverage of cryptocurrency price analysis and predictions, the outlook for ADA in
In a surprising turn of events, the trading volume of decentralized exchanges (DEX) on Solana surpassed that of Ethereum for the first time on December 16th. According to data from DeFillama, Solana’s DEXs recorded a trading volume of $1.536 billion, while Ethereum lagged behind at only $1.164 billion during the same period. This milestone was
The gaming industry has been lacking innovation, with uninspiring titles dominating the market. However, there is a glimmer of hope in the form of SpaceCatch, a crypto project that aims to disrupt the norm and bring excitement back into gaming. By integrating cutting-edge technologies like blockchain, Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence
Shiba Inu (SHIB) has recently faced a significant decline in performance, leading to concerns among investors. The rejection from upper trendline resistance resulted in a -11% drop in SHIB’s price. This has caused many to question whether SHIB is heading towards zero. Moreover, the movement of a massive 4.2Tn SHIB between unknown wallets has further
Bitcoin has displayed an impressive rally this year, with its price surging by approximately 150% since January 1. This remarkable performance has led many experts and analysts to contemplate whether the cryptocurrency has the potential to reach the coveted $100,000 mark. One such believer is DonAlt, the prominent figure behind the popular YouTube channel Technical
FTX Debtors recently submitted an amended Chapter 11 reorganization plan that paints a bleak picture for the defunct crypto exchange’s creditors. The proposed plan evaluates the value of creditors’ claims based on cryptocurrency prices from November 11, 2022, the day FTX filed for bankruptcy. Unfortunately, this date coincides with a severe dropdown in the crypto
FTX Debtors recently submitted an amended Chapter 11 reorganization plan, which has the potential to lead to substantial losses for the creditors of the now-defunct cryptocurrency exchange. The plan proposes valuing the creditors’ claims based on the cryptocurrency prices on November 11, 2022, the day FTX filed for bankruptcy. Unfortunately for the creditors, this date
Cryptocurrency markets have witnessed a recent surge, and this momentum has spilled over into the realm of decentralized finance (DeFi). Historically, decentralized exchanges (DEX) have lagged behind their centralized counterparts (CEX) in terms of trading volume. However, the market rally has breathed new life into DEXs, although at a slightly slower pace. Platforms like Uniswap,