Elon Musk has put his planned takeover of Twitter on pause until the fake accounts are better clarified by the social media platform. Elon Musk took to the platform to say that the “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than…

There seems to be a possibility of a worldwide crypto regulatory agency next year. This was announced by the chairperson of the International Organization of Securities Commissions (IOSCO), Ashley Alder. In a statement published by Reuters on the 12th of May, Alder noted some key points regarding the crypto regulations…

The cryptocurrency market is facing a downturn, and so are the NFTs’ prices and sales. The factor for the NFTs’ downward is the algorithmic stablecoin TerraUSD (UST) and its crash. The reason behind this downturn is the de-pegging of UST which caused extreme fear in the market. To put it…

The event of the breakdown of the TerraUSD (UST) peg seems to have a significant impact on Luna. In this case, Luna is affected because it is the native token of the Terra blockchain. According to the data, Luna’s supply has reached 25 billion, while it is facing an exponential…

Cosmos, defined as ‘Blockchain 3.0’, is a fast-growing ecosystem consisting of interconnected apps and services made for a decentralized future. The ecosystem compromises a unique combination of smart contract functionality with a very safe and secure system of trading and transaction without any involvement of mediators. Its Hyperblocks subsidiary runs…

VeChain is a blockchain-based network that records the truth at each level of the supply chain. It integrates physical monitoring with blockchain records to track real-world items from creation through delivery, assisting in the prevention of fraud and increasing transparency. In 2017, the luxurious industry lost $30 billion due to…

Axie Infinity (AXS) has been bearish ever since it hit an all-time high in the last quarter of 2022. The price has declined by around 90% ever since that. The downtrend may seem to continue in the coming weeks as well. However, before jumping on the technical indicators, there are…

As the crypto industry grows, so does the number of projects operating in it. To this day, more than 18,000 cryptocurrencies and tokens have joined the market. However, most of these projects are not healthy ones. Considering that transactions on the blockchain are anonymous, it is easy for people to…

Coinbase co-founder and CEO Brian Armstrong addressed concerns about a disclosure in the most recent report issued by the company. After the Coinbase report, which revealed the company’s losses, a claim that consumers are not covered in the event of bankruptcy has gained currency on social networks. Coinbase CEO Brian…