Bitcoin Drops for the Second Consecutive Day in 2023
After a significant drop in 2022, the biggest cryptocurrency in the world, Bitcoin, enjoyed an incredible start to 2023. With 15 straight days of gains,...
Author : Mridul Srivastava
Tesla took a $34 Million Impairment Charge on its Bitcoin Holdings in Q4 of 2022: Reports
According to data from the EV maker’s most recent earnings report, Tesla incurred a $34 million impairment charge on its bitcoin holdings in the most...
Now Experience Cryptocurrency Safely with New York’s Friendly Guidance on Custodial Structures!
The New York Department of Financial Services (DFS) issued non-binding yet persuasive guidance on January 23, 2023, to safeguard virtual currency customers in the event...
8-10 Years Until Mass Adoption of Metaverse: Nasscom’s Forecast!
The Nasscom report has stated that while the large-scale acceptance of the metaverse may take 8 to 10 years to achieve, there is already a...
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
According to sources, key groups for Microsoft’s virtual reality (VR) initiatives and the metaverse have been affected by the most recent round of layoffs. Microsoft...
The Porsche NFT Collection struggles to get traction as Mint Ramps Up
Porsche, a German car manufacturer, recently launched a collection of non-fungible tokens (NFTs) that pay tribute to their popular 911 sports car. The collection, which...
Chinese Blockchain Firm Announces Cross-Border CBDC Payment System
A new digital payment system has been launched by a Hong Kong-based blockchain business Red Date technology with the goal of bridging the stablecoin and...
Crypto Chaos: Can Bitcoin Be the New Trade Currency Between Brazil and Argentina?
Brazil and Argentina might just be experiencing their most liberating moment yet, as experts suggest Bitcoin could provide the perfect long-term remedy for their over-dependence...
Indian Government Official Shared His Views on Crypto
Rajeev Chandrasekhar, an Indian government official, spoke about cryptocurrency at such an event in Bengaluru. He is India’s Minister of State for Electronics and Information...
Genesis Holds Liabilities Totaling Over $5 Billion
According to documents signed by interim CEO Derar Islim, the crypto lending firm Genesis had $5.1 billion in outstanding debts in the weeks after it...