About a year ago, the Chinese government threw the entire crypto market into a state of panic following intensified efforts to clamp down on Bitcoin mining activities. As reported by BTC PEERS, several provinces moved to outlaw crypto mining activities, resulting in the mass exodus of miners out of the
There has been a lot of debate over Bitcoin’s viability as a medium of exchange since the flagship asset shot into the limelight in 2017. While many proponents of Bitcoin believe that the asset class is already revolutionizing financial transactions, some believe Bitcoin has a chance at replacing traditional
The Brazilian Stock Exchange, B3, is set to launch its first official crypto-related product within the next six months, André Milanez confirmed in a conference call on Monday. Milanez, who is the group’s chief financial officer, said B3 plans to launch “Bitcoin futures in the next three to six
In the past, Bitcoin has been touted as the future of financial transactions. However, the advent of several digital assets has left many believing that the flagship cryptocurrency may never get to lead the pack. Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, is one of
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In a crypto-verse that's increasingly pro profit and blindly FOMOing, forgetting the ideals of blockchain focus on empowerment and emancipating users from the clutches of poverty, BITSEC is determined to change the narrative. Posting on Twitter, the platform said it is releasing what will be the "biggest
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The pay-per-view is yet another invention of the NFT space. Unlike the play-to-earn – P2E, where users must engage and display their skills in an NFT gaming platform to earn rewards, the pay-per-view – PPV presents a different dimension to earning in the NFT marketplace. Users earn by just viewing events around
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Nornickel, a metals giant company from Russia, is the very first company from the country allowed to maintain an abroad listing by the commission of a government. This is allowed for 1 year. Nornickel stands out as the largest refined nickel and palladium producer in the world. The company, together
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MythosWorld is a new community-empowered ecosystem bringing together aspects of DeFi and GameFi. It will take the form of a game which players who are identified as ‘wizards’ can play to earn the native Mythos Token, as well as two feature films aiming for release in 2023 and beyond. The
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To get a hold of a CryptoPunk or a Bored Ape Yacht Club (BAYC) NFT, you might have to part with hundreds of thousands of dollars, sometimes millions. It shows that NFTs, despite being a comparatively nascent technology, are here to stay. Gone are the days when critics threw salvos
In March 2021, Beeple made headlines after his NFT collection sold for a whopping $69.3 million. While it may seem like the digital artist went silent after the phenomenal sale, Beeple has actually been working behind the scenes on a number of new collections, including a new project with
The price of Bitcoin and other cryptocurrencies have continued to plummet, with the flagship cryptocurrency dipping below $30,000 for the first time since July 2021. Bitcoin fell by more than 11% in 24 hours, dipping to $29,944. Although the digital asset has since recovered slightly to $31,390,
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Before the end of June 2022, NASA will launch a spacecraft into the Moon’s South pole; this would be the first of its kind since Apollo 17 of 1972. This mission is known as the Artemis 1; the objective is to successfully land the first female and first astronaut
Meta-owned Instagram will start testing out NFTs on its platform this week, CEO Mark Zuckerberg revealed. In a Monday video, Instagram head Adam Mosseri confirmed that a small group of US users would be able to display NFTs on their feeds, stories, and messages. He said: This week we'
In the buildup following Yuga Labs’ recently concluded Otherside metaverse mint, one of the rarest virtual lands from the collection has sold for a whopping $1.5 million. On Sunday, Otherdeed #59906 was sold on the NFT marketplace X2Y2 for 625 ETH. The said piece, which is the eighth rarest
Thousand of traders have had their position liquidated across multiple markets following a volatile week in the cryptocurrency space. According to data from cryptocurrency and futures trading platform Coinglass, more than $400 million worth of trader positions in the crypto market were liquidated on May 5. Notably, those who placed
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Two weeks after launching its NFT marketplace, Coinbase has now opened the platform to all prospective users. As reported by BTC PEERS, Coinbase announced on April 20 that its NFT marketplace was live in beta and accessible by a small group of beta testers who had earlier registered to join