Long-Term Obstacles Impede the Growth of the NFT Market

Recent statistics indicate that since May 2022, the NFT market has been performing well. The industry is healing after the cryptocurrency downturn. However, the Terra-LUNA collapse marked the end of the crypto upward trend in May 2022. That led to a decline in NFT trades and sales. This year the inauguration of Blur has become … Read more

Greenlakes Introduces Blockchain Technology to India’s Real Estate Industry

Greenlakes, a prop-tech startup based in Bengaluru, has recently introduced a blockchain-powered solution for its latest project – Greenlakes Farmlands. This initiative makes the company the first in India to utilize blockchain technology to own second homes or farmland outside urban areas. By implementing blockchain, Greenlakes aims to enhance transparency and security in the ownership … Read more

Automating Crypto Accounting Tasks: EU Bill on Cryptocurrency Markets

Shrapnel Collaborates with Bitwave EU’s Scheduled Debate for Crypto Assets Shrapnel Collaborates with Bitwave To assist the Web3 Game Studio optimize its monetary transactions, Bitwave, a digitized asset management system geared toward businesses and centered on addressing the convergence of crypto taxes, accountancy, and regulation, has announced its partnership with Shrapnel. The triple-A-rated web3 games … Read more

CRA Utilizes Blockchain Technology to Foster Qatar’s Digital Reforms

The blueprint details the regulations governing projects utilizing blockchain technology in Qatar. The Communications Regulatory Authority has launched the Qatar National Blockchain Blueprint in collaboration with Qatar University and Hamad Bin Khalifa University. The major target of this development is to create a robust regulatory framework for blockchain innovation, which will act as the pillar … Read more

Bitcoin (BTC) Season: The World’s Most Valuable Crypto Holds Strong Amidst Market Volatility

The world’s most valuable cryptocurrency is holding its strong footing in the market. As the traditional banking system continues to struggle, the crypto world is gaining strength, and Bitcoin remains at the forefront of the revolution. Despite failing to meet some expectations, some scenarios could change things for Bitcoin sooner rather than later. Bitcoin’s Winter … Read more

Runiverse Collaborates with Polygon for Streamlined Gaming Experience

In recent reports, Runiverse, the top gaming platform in the Metaverse, reveals a collaboration with Polygon to bring an unparalleled gaming experience to players. This announcement by the platforms marks the initial phase of Runiverse’s roadmap to introduce exciting advancements and activities to the Polygon community. $RUNY-powered Runiverse blends blockchain gaming with cryptocurrency expertise, necessitating … Read more

Will FDIC Stop Attacking Crypto Legit Firms, As Urged By Congressman?

Last week, news about the closure of two top crypto-friendly banks, ie. Silvergate Bank and Signature Bank spread like bushfire leaving Crypto enthusiasts abandoned and helpless. The FDIC officers and the Fed claim to have decided to close Signature Bank to help stop the infection from diffusing. Tom Emmer, who is a Congressman, wrote a … Read more

Significant Milestones as Innovative Changes Transpire – Market Outlook

National Australia Bank (NAB) Carries Out the First International Stablecoin Transfer TrueFi’s (TRU) Value Increases and Declines as a Result of Binance CEO’s Tweet NAB Carries Out the First International Stablecoin Transfer The National Australia Bank (NAB) became the first significant financial institution to complete a cross-border stablecoin transfer on layer one blockchain. For the … Read more

Crisis in Crypto’s Paradise: FIDC’s Intervention Amidst Bank Runs

Binance Grapples with GBP Trades FIDC’s Intercession on Cryptocurrency Binance Grapples with GBP Trades Finding a new service provider to manage GBP trades on its trading platform is difficult for Binance; this comes after Skrill Limited said it would shortly quit offering services to the cryptocurrency exchange. By May 22nd, Skrill will halt receiving GBP … Read more

Signature Bank Ends Operations

New York authorities have ended operations of the Signature Bank, one of the major crypto sector banks. This event marks the third instance of a US bank failing within a week. In a joint statement, Federal Deposit Insurance Corporation Chair, US Treasury Secretary, and Federal Reserve Board Chair purported that all Signature Bank customers would … Read more