What’s on Guide to the Metaverse – April 29th-May 1st, 2022

Happy Thursday NFT fam! We hope you have all had a great week so far. It’s time to celebrate the weekend in NFT style. So, without further ado, below are this weekend’s metaverse NFT events highlights in Decentraland and Cryptovoxels. Wilderness Blood Hour When: Friday, April 29 at 10PM UTCWhere: -45, 106 One Hour PvP […]

OpenSea Flexes its Might with Gem Acquisition

NFT giant OpenSea has once again flexed its significant power within the industry, recently acquiring high-flying NFT aggregation platform, Gem. Through its procurement OpenSea will look to incorporate some of Gem’s groundbreaking features into its platform, including the ability to purchase multiple NFTs from a range of platforms in a single transaction, as well as […]

Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets

The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List Digital Financial Assets, Central Bank of Russia Suggests Stock exchanges and central […]

Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits

According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits Account for Lion’s Share of Stolen Crypto This Year 2022 is already breaking […]

Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations

Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies and stepping up efforts to issue central bank digital […]

Report: Cambodia Reaffirms Stance Against Unsanctioned Crypto-Related Activities

Cambodian authorities have reportedly said that no cryptocurrency company has been issued a business license yet, and that conducting cryptocurrency-related activities in the country is still illegal. Fintech Industry Growing Rapidly The Cambodian government has not greenlighted the issuing or use of any cryptocurrency in the country, a report has said. The report, which cites […]

Nepal Shuts Down Crypto Websites, Apps — Warns About Engaging in Crypto Activities

The Nepal Telecommunications Authority has issued a warning that crypto activities are illegal. The regulator emphasized that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. Nepalese Regulator’s Crypto Warning Nepal’s regulator of the technology sector, the Nepal Telecommunications Authority (NTA), issued a notice […]

Deutsche Bank Predicts Major US Recession Next Year

Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According to Deutsche Bank’s Economists Deutsche Bank has predicted a deeper downturn than its […]

80% of Institutional Investors Expect Crypto to Overtake Traditional Investments, Survey Shows

A survey by crypto trading platform Bitstamp shows that 80% of institutional investors believe crypto will overtake traditional investment vehicles. Furthermore, 70% of institutional investors said crypto was a trustworthy investment, with 68% actively recommending this asset class in investment strategies. Institutional Investors Bullish About Crypto Bitstamp, a major crypto derivatives trading platform, announced the […]

Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK

22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. […]