The idea of lifting the ban on cryptocurrencies has begun to surface in China after a former central bank official suggested that the government should review its stringent restrictions on digital assets. Huang Yiping, a former member of the Monetary Policy Committee of the People’s Bank of China (PBoC), believes that the Chinese government should … Read more
In recent years, you’ve no doubt heard at least one of these three terms: NFT, bitcoin, and metaverse. What do they have in common? It represents a part of the world of crypto assets, which has moved the Internet and digital negotiations. While the terms aren’t as popular as an exchange, we’re talking about a … Read more
The Ordinals Protocol has created a new system for creating and trading non-fungible tokens (NFTs) on the Bitcoin (BTC) blockchain. When it comes to cryptocurrencies, Bitcoin is arguably the leader in the field. Being the first asset in this sector, its market capitalization is more than twice that of Ethereum (ETH), which is in second … Read more
More single NFTs on Ethereum’s Polygon were sold via the OpenSea marketplace for the second month in a row, according to onchain data. In January, OpenSea conducted more than 1.5 million NFT sales on Polygon, an Ethereum sidechain, while the ETH mainnet itself recorded just over 1.1 million sales through the same marketplace. This trend … Read more
On Thursday (2), the data protocol cryptocurrency surged 335% amid Bitcoin’s euphoria over the Fed’s relief. This is because the US central bank eased its monetary policy by announcing a 0.25% increase in the interest rate, a decision that encouraged investors and reflected positively on the price of Bitcoin (BTC). As in January, the rise … Read more
Ethereum is ready to test staking withdrawals on the Shanghai testnet Dubbed Zhejiang, CryptoFácil – Public Testing Network will allow any user to simulate a staking withdrawal. This full capacity will be released when the Shanghai Update is released. The Shanghai launch is slated for sometime in March or April, said Terence Cao, lead developer … Read more
According to financial reports, the Meta Reality Labs division suffered a total loss of $13.7 billion in 2022. Even with the big loss, the company will continue to focus on developing the metaverse. Mark Zuckerberg continues his quest to spread the metaverse. On Wednesday (1), Meta released its financial results for the fourth quarter and … Read more
The BonqDAO protocol was attacked and lost R$550 million CryptoFácil – The first major attack on decentralized finance (DeFi) protocols took place on Wednesday (1) and hit the BonqDAO protocol. According to the information, the hacker was able to manipulate one of the protocol’s tokens and steal $110 million USD, or R$550 million in current … Read more
Shiba Inu about to launch Shibarium which could be a catalyst in crypto price but whale could go against the grain The launch of Shiparium raised expectations that the price of SHIB will rise due to expanding use case as well as being a popular coin. However, the transfer of a large amount of Shiba … Read more
Bitcoin Heads Toward $24K And New Rally: The Fed Boosts Cryptocurrencies By Up To 14% CryptoFácil – It returned to the $23,000 level and the cryptocurrency market returned to trading quite high on Thursday (2), shortly after the meeting of the Federal Reserve, in the United States, regarding the new interest rate. According to Jerome … Read more