According to research firm DappRadar, investment in blockchain games in August increased by 135% compared to July to $750 million. Analysts at DappRadar reported that the average daily number of unique active wallets (UAW) of one of the leading Wax protocols decreased by 8% compared to the previous month. At the same time, the main […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
State Street: “Institutional Investors Undeterred by Current Crypto Winter”
Experts from the Boston bank State Street believe that the crypto winter did not affect the mood of institutional investors, and they retained their interest in the blockchain and digital assets. Irfan Ahmad, head of digital technology at one of the largest custodial banks State Street Digital, said that, according to his observations, large institutional […]
Google has launched a countdown timer before the Ethereum merger
The search giant Google did not stand aside from the imminent transition of the Ethereum network to the Proof-of-Stake (PoS) algorithm – the company launched a countdown timer before the merger and created a special “doodle”. In order to access the timer and doodle, you need to type “Ethereum Merge” or “The Merge” in the […]
Mexican citizen fined $15,000 for promoting MTCoin cryptocurrency scheme
The Arizona Corporation Commission has fined a Mexican citizen $15,000 for promoting My Trader Coin, also known as MTCoin, and defrauding investors. The agency said that Jonathan Sifuentes Saucedo promoted the MTCoin cryptocurrency investment scheme by organizing presentations in hotels and offices, radio stations and even churches. His performances were held in Spanish and were […]
The number of Solana NFTs released on the network per day hits a new record
September 7 was a record for the number of issued NFTs in the Solana network. On that day, 312,000 collectible tokens were issued – five times more than the average number of previously created NFTs. If on September 4, the number of issued collectible tokens in the Solana network was 39,000, then on September 7, […]
The Central Bank of Norway launched a “sandbox” for testing the state cryptocurrency
The testing will “evaluate various technologies and their associated economic and regulatory conditions.” Norges Bank will also determine how the CBDC will help ensure the stability of the Norwegian krone and the financial system as a whole. The Norwegian Central Bank intends to determine whether the state cryptocurrency will ensure the safety, efficiency and attractiveness […]
Singapore bank DBS will launch an environmental project in the metaverse
DBS, headquartered in Singapore, is partnering with gaming giant Sandbox to launch DBS Better World, a virtual metaverse. The joint project is positioned by DBC as “an interactive metaverse experience that demonstrates the importance of building a better and more sustainable virtual world by implementing Web3 to expand its base and help bank users.” The […]
Algorand Foundation threatens to return $35 million from crypto lender Hodlnaut through court
The Algorand Foundation has accused the Hodlnaut crypto lending platform, which is going through bankruptcy proceedings, of failing to pay short-term deposits. The Algorand Foundation has publicly announced that Singapore-based cryptocurrency platform Hodlnaut owes it $35 million in USD Coin (USDC) stablecoins. The company has said it intends to take legal action if the debt […]
Startup Bitmama Raises $2M to Expand Cryptocurrency Market in Africa
Nigerian blockchain startup Bitmama has raised money from venture capital firms investing in Africa to create solutions based on cryptocurrencies. The preliminary funding round closed at $2 million. A year ago, in the fall of 2021, $350,000 was raised, and this year another $1.65 million. Two Africa-focused venture capital companies, Unicorn Growth Capital and Launch […]
Florida consumer services regulator urges to refrain from payments in cryptocurrency
The Florida Department of Agriculture and Consumer Services (FDACS) urged state residents to be vigilant amid rising phone robot and crypto payment scams. The consumer watchdog posted a warning outlining the scenarios crypto scammers use to scam their victims. Criminals use special robots in telephone conversations with their victims with audio recordings of offers to […]
