Dogecoin (DOGE), a memecoin, has dominated the cryptocurrency market over the past week with strong increases of over 100%.  The Dogecoin price rally came against the backdrop of Elon Musk’s Twitter acquisition. Another altcoin is currently significantly separating from the rest of the cryptocurrency market. The price of Litecoin (LTC) has increased by almost 15% in the past day, bringing it even closer to $63. At the time of publication, Litecoin (LTC) is trading 13.61% higher at $62.77 and h

Binance willing to spend $1 billion aim to  be the bridge between crypto and the traditional financial world. Some of the well-known crypto businesses in the sector have suffered greatly during the 2022 crypto winter. For giants like Binance and FTX with cash in hand, it has been an good time to add more companies to their bag Binance, a cryptocurrency exchange, stated that it is willing to spend $1 billion on some significant market acquisitions this year. Recent developments indicate that Bi

What is an NFT? NFT stands for Non Fungible Token. Non-fungible means it cannot be exchanged for something of similar value. A token is a blockchain-issued digital asset. Additionally, a blockchain is a method of storing data that makes it challenging or impossible to alter, hack, or defraud the system. In other words, an NFT is a unique and secured digital certificate/signature that can be attached to any object, physical or virtual. NFTs may be used to represent things like digital files for

According to a statement made on Wednesday by parent company Meta, Instagram is creating a minting and sales tool for NFTs within its app. With the help of the future "end-to-end toolkit" for NFTs, users will be able to design and sell their own NFTs for sale on Instagram. Meta CEO Mark Zuckerberg made the announcement during a session at South By Southwest "I'm not ready to kind of announce exactly what that's going to be today. But over the next several months, the ability to bring some of yo

National Basketball League (NBA) star and non-fungible token (NFT) enthusiast Steph Curry has filed a trademark for the “Curryverse,” expressing intentions to develop dynamic "virtual environment" for the sale of NFTs and metaverse. Curry's personal, virtual, and metaversal looks are all included under the whole trademark application, along with "online gaming services in the nature of virtual worlds." Curry has been an ambassador for cryptocurrency exchange FTX since September 2021, but this

Decentralized finance (DeFi) on a public blockchain was successfully used by multinational financial corporation JP Morgan to complete its first ever cross-border transaction. The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale funding markets.” The pilot, which included the participation of Oliver Wyman Forum, SBI Digita

GameFi.org is delighted to be one of the first launchpads that integrate Aptos blockchain and support projects launching IGO on that network.

Deribit, a cryptocurrency exchange, has been attacked, and an estimated $28 million from a hot wallet has been taken. Client funds have not been impacted, the business tweeted; however, withdrawals have temporarily been suspended while the exchange conducts security checks. "It's company procedure to keep 99% of our user funds in cold storage to limit the impact of these type of events. The hack is isolated & quarantined to our BTC, ETH and USDC hot wallets," Deribit wrote on Twitter. Accord

The software and computing behemoth Microsoft is attempting to metaverse-ify a portion of its software service stack. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use the data obtained as resources for their specific applications. Microsoft’s Activities in the Metaverse Microsoft, one of the largest software companies in the world, stands as businesses that concentrate on

Japan has begun to apply the metaverse in therapeutic and educational activities. Toda, the city in Saitama, has implemented a metaverse-schooling program to motivate students, particularly those who live far from school, to attend classes. The program was developed by an NGO last year with the intention of allowing students to explore virtual worlds. With the program, students can wander around the campus and learn in virtual classrooms to get ready for returning to regular classes. At least,