Metaverse Is Important For Crypto Says Cardano Founder
Charles Hoskinson, the founder of Cardano, has given his opinions on the metaverse, a rapidly emerging business. The metaverse has been around for a while and is growing in popularity, particularly among gamers. It appeared inevitable that it would collide with the cryptoverse, and this proved to be true when metaverse ventures with crypto built-in […]
Acting OCC Chairman pushes consolidated supervision for crypto firms
Michael Hsu, the interim director of the United States Office of the Comptroller of the Currency (OCC), intends to close oversight loopholes for cryptocurrency firms. Hsu urged for unified supervision for crypto enterprises in public comments before the Federal Reserve Bank of Philadelphia on Tuesday, in which regulators or an approved group may oversee a […]
Twitter introduces a crypto team to work on dApps and NFTs
Twitter has announced the formation of a crypto section to oversee its blockchain and crypto-related operations. Twitter goes on to say that it “wants to figure out what crypto can do for Twitter” and that it is willing to pool large sums of money in order to improve and investigate the decentralized technology. Tess Rinearson, […]
One of crypto’s biggest trading firms is betting DeFi will have the same size as the centralized crypto market
Inflows into digital assets from firms are at an all-time high, but it’s still extremely difficult to persuade holdouts to get off the bench. At the Decrypt and Yahoo Finance Crypto Goes Mainstream event in Brooklyn yesterday, Giorgi Khazaradze, the CEO and founder of crypto trading terminal Aurox, and Glenn Barber, the head of sales […]
Coinbase’s crypto trading volume fell by 29% in the third quarter
The largest US-based crypto exchange Coinbase has seen its trading volume drop by 29% from $462 billion in Q2 to $327 billion in Q3. The company stressed market volatility as a significant factor impacting transaction revenue in its most recent report. The numbers were disappointing, but according to the platform, it was still a win. […]