Bitcoin and altcoins rallied ahead of the Fed’s rate hike decision, indicating that traders viewed the 0.75% rate hike as a “priced-in” event.
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Troubled crypto lender Voyager Digital is going to receive hundreds of millions of dollars worth of crypto assets from Alameda Research. According to a recent court filing, FTX CEO Sam Bankman-Fried’s crypto trading firm will give back a loan worth nearly $200 million to Voyager, a crypto brokerage that filed bankruptcy earlier in the year. […]
The post Bankrupt Crypto Broker Voyager Set To Receive Nearly $200,000,000 in Bitcoin and Ethereum From Alameda Research appeared first on The Daily Hodl.
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Compound is predicted to decrease -10.33% in the next 5 days and hit a price target of $52.29 per COMP. Check out today's Compound price prediction to learn why.
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Riot Blockchain sued Northern Data for failing to disclose $84 million in liabilities, CoinDesk reported.
The post Riot sues Northern Data over Whinstone aquisition: Report appeared first on The Block.
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Fashion Metaverse by BNV?
The first fashionable BNV World metaverse may soon appear in the cryptosphere.
You will say why a separate project, if brands have already flooded such games as Decentraland and Sandbox. It's all about simplified graphics.
In the same Sandbox, a pixelated cartoon style is used, which does not fit into the policy of many brands. Therefore, the emergence of a fashion-oriented environment will be interesting both for the public and for fashion brands.
The BNV World project will be launched next month. It will work on the Unreal Engine, which is used to create many modern games like Fornite.
It will showcase digital collections from renowned designers in an ultra-realistic 3D style. There will also be virtual stages where fashion shows will take place. You can look at branded avatar items on them, and then buy them on the marketplace.
You can already see information about NFT collections of projects on OpenSea.
CoinShark is not responsible for the content, accuracy, quality, advertising, products, or any other content posted on the site. This article is for informational purposes, and not a proposal for action, prepared on the basis of materials and information from open sources.
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Axie Infinity is a game by Sky Mavis that allows users to play games based on the blockchain. It…
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Pastel Network is excited to announce that it’s teaming up with Ava Labs — the builders behind Avalanche. Ava Labs will collaborate with…Continue reading on PastelNetwork »
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The Central Bank of Iran (CBI) announced on Wednesday that it will begin the pilot of its crypto-rial this week. The news was made public by the Chamber of Commerce, Industries, Mines, and Agriculture.
Iran’s central bank announced that will commence the pilot launch of its Central Bank Digital Currency (CBDC) on September 22, 2022. The CBI calls the new digital currency the “crypto rial” and aims to convert traditional banknotes into programable entities. The currency is expected to remain pegged at a 1:1 ratio to the rial. The CBI in August published a draft document outlining the “goals, dimensions, threats and opportunities for the development” of the currency. Officials hope that the project will significantly increase their control over the national currency while simultaneously offering new opportunities to financial actors.
According to the Governor of the CBI, Ali Salenhabadi:
The bank has in place the infrastructure and rules for the crypto-rial. The cryptocurrency is planned as a new type of national currency, like banknotes and coins, but fully digital.
One of the main attractions of the use of a digital rial is its high level of security. The announcement from Iran’s Chamber of Commerce said:
Crypto-rial has been designed in a way that it is easy to track and even if the data on the smartphones are hacked, the crypto-rial can be tracked.
Iran Continues Foray Into Cryptosphere
Iran, which has been subject to comprehensive sanctions by the U.S., has turned to cryptocurrencies to attend to its economy. In August, the country placed its first crypto-funded import order to the tune of $10 million. It also has also opted for cryptocurrencies, instead of the dollar or euro, to pay for imports.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Colorado's law makers joined forces with PayPal to allow residents pay their taxes in BTC, ETH, LTC, and BCH.
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Wormhole today announced the deployment of generic messaging support for the Aptos devnet, enabling asset cross-chain asset transfers.
The post Wormhole enables cross-chain transactions on Aptos devnet appeared first on The Block.
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