Fed and others warn of risks cryptocurrencies pose to banks Risks pointed out in the background such as FTX bankruptcy Three U.S. authorities, including the U.S. Federal Reserve Board (FRB), issued a statement on the 3rd, calling attention to the risks crypto assets (virtual currencies) pose to banks. Along with the Fed, the U.S. Office […]
Cryptocurrencies have gained a lot of popularity in recent years, and many people are now looking to invest in them. With so many different cryptocurrencies available, it can be difficult to know which ones are worth investing in. In this article, we’ll take a look at the top three cryptocurrencies that you should consider investing
The crypto market has been in a state of flux in recent months, with the prices of major crypto coins falling significantly. One crypto coin that has been particularly hard hit is Cardano (ADA), which has seen its value drop significantly since its peak in January 2022. Cardano is a decentralized public blockchain and cryptocurrency
Since its launch in August 2020, Shiba Inu Coin (SHIB) has become one of the most talked about cryptocurrencies on the market. With its unique ‘dog-themed’ design and meme-based marketing, it has attracted a loyal fan base and gained a lot of attention from investors. But the question remains – can SHIB reach the magical
Shiba Inu (SHIB) is a meme-based cryptocurrency that has been around since 2020. It has seen tremendous growth in 2021, and investors are cautiously optimistic that it can repeat the same feat in 2022. But before investing in Shiba Inu, it’s important to understand the factors that impact its price, as well as the Shiba
Shiba Inu has had an eventful 2021. To simplify the latest SHIB price prediction, we have divided up the prediction by short term Shiba Inu price prediction and long term Shiba Inu price prediction. As of writing this article, SHIB had a trading volume of $310,899,955. Shiba Inu has gone down by -2.348% in the past 30 days. According to our analysis in the short term, Shiba Inu coin
Zenith, a decentralized lending protocol incubated by Gringotts Labs and powered by Cube Network, is finally listing its ZNT token on Capricorn, a decentralized exchange. What is Zenith? Zenith, also known as Zenith.Finance is Cube Network’s first lending protocol. The project aims to build a leading Web3 lending platform in the Cube Network ecosystem and
Huobi Incubator, the project incubation arm of Huobi Global, and its affiliated Web3Scholarship platform, today announced the kick-off of the Web3 Hackathon. The hackathon is hosted in conjunction with DoraHacks, a decentralized global developer community and open-source incentive platform, and Cube Network, an emerging Web3 blockchain. Huobi Incubator will distribute 50,000 USDT in grants to
Huobi Incubator co-hosted and sponsored BeWater DevCon 2022, in partnership with BeWater, a hardcore developer community. Held in the San Francisco Bay Area, the developer conference was designed to encourage dialogue and collaboration between blockchain and Web3 developers in the U.S. and Asia. Over 300 developers attended the event, including many from Asia who participated
After the de-pegging between stablecoin UST and the US dollar, investors are sitting back and monitoring the price trends of the cryptocurrency market. Bitcoin, the largest cryptocurrency in the market by 24-hour trading volume, showed signs of rebound, crossing the US$30,000 level and posting its biggest gain since May 15. However, there are still many
Los Angeles, United States, 1st June, 2022, Chainwire Veteran Hollywood filmmakers Ben Rosenblatt and Micho Rutare launch $FLIX, a novel crypto-token, in order to reinvent how independent films are financed, produced, and distributed. Their company American Meme will leverage $FLIX to raise capital for a slate of indie films that appeal to both film and
Geneva, Switzerland, 2nd June, 2022, Chainwire TRON celebrated a record month of May, achieving multiple massive milestones in a few short weeks. Including USDD, the collateralized decentralized stablecoin on TRON, making it onto CoinMarketCap’s top 100 only 16 days after its May 5 launch. As of Wednesday, June 1, USDD has reached a new milestone
Tallin, Estonia, 1st June, 2022, Chainwire Cardalonia, is a decentralized and fully customizable virtual world where players can build, own and customize their own experiences utilizing the Cardano Blockchain and earn $LONIA, the utility token Cardalonia. The Cardano-based startup has gathered substantial interest even with the bear market as they have been able to fill
San Francisco, United States, 31st May, 2022, Chainwire Meta Apes – a free-to-play, play-to-earn MMO strategy game designed for a mobile-first experience – is delighted to announce that it has become the first game to go live on the BNB Application Sidechain (BAS). Meta Apes is now available for Android devices on Google Play, with
Vancouver, Canada, 31st May, 2022, Chainwire Chibi Clash, a fantasy web3 gaming universe, has completed a private fundraising round for $3 million with notable angels and venture funds. The funding round secures the initial capital ahead of an upcoming IDO. The round was joined by Alliance, Genblock Capital, Jump Capital, C² Ventures, Kyros Ventures, NGC
A depressed sentiment has enveloped the crypto market and the Terra collapse only served to underscore how volatile the crypto trading environment is. Terms such as “long winter”, “bear market” and “stablecoin crash” are frequently used, while stories about making phenomenal profits appear to be a thing of the past. Many traders failed to seize
London, United Kingdom, 27th May, 2022, Chainwire Bullieverse, an open-world, 3D metaverse gaming platform that runs on Unreal Engine has announced the launch of the complete version of its very first Web3 play-to-mint NFT game, Bear Hunt. Bear Hunt is a single-player game that was previously launched in preview in March, and has the distinct
Panama City, Florida, 26th May, 2022, Chainwire Poloniex, a global cryptocurrency exchange, has announced a partnership with APENFT, a leading non-fungible token (NFT) marketplace. APENFT will be live on the Poloniex website and mobile app on Wednesday, May 25, followed by an NFT giveaway shortly after. The alliance allows users to access and trade NFTs
Tallinn, Estonia, 25th May, 2022, Chainwire QANplatform, the Quantum-resistant Layer 1 hybrid blockchain platform, today announced its selection into the #1 Online Global Accelerator, Newchip Accelerator’s May 2022 cohort. The Newchip Accelerator portfolio, valued at over $9 billion, includes over 1,500 graduates that have collectively raised over $450+ million in funding. With thousands of startups
Singapore, Singapore, 24th May, 2022, Chainwire Fireblocks, the leading digital asset and crypto infrastructure platform, has added support for TRX and all TRC20-based tokens of the TRON DAO blockchain on its institutionally-focused digital asset platform today. With one of the largest and most active communities, remarkably low transaction fees, and high scalability, TRON is the
