Meta Announced to Pullback NFT Integration
In a shocking turn of events, Meta, the parent company of social media giants Facebook and Instagram, has unveiled that it will no longer be offering NFTs (non-fungible tokens) on its platforms. The company also announced that it would cut down an additional 10,000 staff, leading many to be concerned about its ability to work successfully as a big tech …
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Elon Musk Takes a Dig at those Who Call Crypto a Scam as the Two Leading Banks Collapsed
The world of cryptocurrency is full of uncertainties. However, this week the traditional banking industry witnessed some high-profile losses with the crash of two major banks, leading critics to question the stability of the traditional financial system. One of the major criticisms was made by Tesla CEO Elon Musk, following the crash he couldn’t hesitate a little trolling those high-profile …
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Unity Technologies Unveils Blockchain and Web3 Integration Features
Unity Technologies, the biggest player in developing and running interactive, real-time 3D gaming engines, has just unveiled its latest series of blockchain and web3 integration features. These new features are set to transform the gaming industry, and game developers worldwide are thrilled about the opportunities it brings. How do these new features benefit the developers? Unity’s blockchain integration features helps …
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The Recent Cyber Attack Shook the Employees of the World’s Largest Crypto Exchange CoinBase
The popularity of cryptocurrencies are expanding rapidly, but it appears that this popularity is turning into a curse for the exchanges as one of them seems to be under attack every other day. A new name has recently been added to this long list as a cybersecurity attack shook the employees of the popular cryptocurrency exchange Coinbase. Let’s explore the …
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South Korea Initiates Crackdown on Cryptocurrency Staking Services After Kraken Incident
South Korea’s financial regulators are taking a hard stance against cryptocurrency exchanges offering staking services, as the country looks to avoid repeating the disastrous saga that has unfolded between SEC and Kraken. An in-depth inspection is set to be launched by the Financial Service Commission to investigate any potential issues with staking in South Korea – a move made even …
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Binance has been Caught Red-Handed Moving the Huge Amount from its US Partner
Crypto exchanges have recently come under government scrutiny, eliciting mixed reactions from crypto enthusiasts. While some have welcomed and encouraged this development as a way to bring credibility to cryptocurrencies, others remain skeptical of increased regulation due to fears that it will stifle innovation in the space. However, a recent incident has once again highlighted the need for scrutiny against …
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Norwegian Police Seize $5.9M from a Crypto Game
Norwegian police have seized a large chunk of money, resulting in around 60 million kroner (roughly $5.9 M) from a crypto game named Axie Infinity. This seizure did not happen overnight. The authorities have been in search of these scammers since last year. The incident occurred in March 2022 when a group of hackers hacked a crypto game called Axie …
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