Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back
After a historically-bad year for bitcoin mining, public companies that fell into penny stock status surged back in January following a strong bitcoin rally.2022 was arguably the worst year on record for bitcoin mining. Every market suffered from…
Shiba Inu Gains 14% In Last 24 Hours As Shibarium Beta Launch Inches Closer
Shiba Inu, popularly known as the “Dogecoin Killer,” has been one cryptocurrency with a constant buzz around it in 2023. According to data from CoinMarketCap, the second largest meme coin has gained a staggering 74.41% since the start…
Bitcoin, Ethereum Technical Analysis: ETH Remains Near $1,700 to Start the Weekend
Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better…
Australia Gives Its Crypto Watchdogs More Teeth To Fight Scammers
In 2022, the crypto space faced a high rate of scams and fraudulent activities, especially in the DeFi sector. Scammers use phishing, fake ICOs (Initial Coin Offerings), Ponzi schemes, and impersonation techniques to trick people into giving up…
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s…
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of…
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences…
YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of…
The world must take a 'collective action' approach to regulations – India’s Finance Minister
Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month.
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