The Saudi Ministry of Culture, droppGroup, and Oracle have unveiled the groundbreaking ‘Cultural Universe’, a national Metaverse project aimed at delving into the diverse culture and heritage of Saudi Arabia. This initiative, powered by cutting-edge technology such as GMI AI system, droppPhygital, and Hyperledger Fabric 2.5 blockchain, was officially launched on February 22nd in conjunction
The recent series of large Ethereum (ETH) purchases attributed to a wallet potentially linked to Justin Sun, founder of the TRON blockchain and CEO of BitTorrent, has sparked speculation within the cryptocurrency community. The suspected wallet has acquired a total of 168,369 ETH, worth approximately $487 million, in just two weeks from both centralized exchanges
Recent data suggests that outflows from Grayscale’s Bitcoin Trust (GBTC) are showing signs of slowing down, particularly in comparison to the trading activity of Bitcoin ETFs. This shift comes as investor anxiety surrounding Grayscale’s Spot ETF appears to be calming, with the broader ETF market continuing to experience significant trading volumes and growth in assets
OVERDARE, a company supported by industry giants KRAFTON and NAVER Z, has recently joined forces with Circle Internet Financial, the company responsible for the popular USDC stablecoin. This collaboration aims to revolutionize the mobile gaming sector by introducing Circle’s Programmable Wallets, a technology that simplifies the creation of secure in-game Web3 wallets for content creators.
The recent skyrocketing of FOMO coin, with an unprecedented price explosion of +80,114%, has left many investors wondering about the sustainability of such gains. The initial hype around FOMO coin was driven by a promotional campaign across Crypto X, causing a fear of missing out among investors. However, the subsequent price correction of -74% within
The price of Ethereum (ETH) has been on a relentless upward trajectory, recently hitting a new high of over $3,100. This surge in price comes at a time when most other major cryptocurrencies, such as Bitcoin (BTC), Solana (SOL), and Cardano (ADA), have been relatively stable or showing minor losses in the past 24 hours.
The recent -5.3% price drop in Helium (HNT) has sparked concerns among investors, especially as it comes amidst a broader narrative boom in the DEPIN markets. Despite an impressive growth streak of +227% over the past 3 months, the current price correction has seen HNT trading at $8.18, with a 24-hour change of -2.34%. The
The realm of cryptocurrency has been plagued by scams and thefts, leaving many individuals devastated after losing significant amounts of money to cybercriminals. In the midst of this chaos, on-chain researcher ZachXBT has emerged as a beacon of hope for victims of digital asset theft. His recent success in recovering stolen funds from a non-fungible
Bitcoin has experienced significant price fluctuations in recent months, surging from under $20,000 to over $50,000 since June 2023. The approval of multiple spot Bitcoin ETFs in the United States played a significant role in driving this price increase. However, despite these developments, retail traders have been largely absent from the market, raising questions about
Recently, a U.S. federal judge approved Binance’s guilty plea and a substantial $4.3 billion settlement for breaching anti-money laundering and sanctions laws through its cryptocurrency exchange. The U.S. Department of Justice (DOJ) had accused Binance of violating the Bank Secrecy Act (BSA), the International Emergency Economic Powers Act (IEEPA), and failing to register as a