Several Mt. Gox creditors have dispelled rumours of a plan by the exchange to release a considerable stash of Bitcoins owed to creditors later this month, potentially leading to a massive dump on the cryptocurrency. In the past week, crypto Twitter and other social media spaces have been awash with claims that the now defunct crypto exchange was planning on […]

According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean crypto exchange Crypto.com after the latter made an error in issuing an AUD$100 refund. Instead of the refund amount, an employee allegedly typed an account number in the payment section, resulting in an erroneous transfer to their […]

Russia could soon be taking a cue from Iran by using cryptocurrencies for imports, according to comments from the Russian prime Minister. The adoption of digital assets is necessary as a “safe alternative” for cross-border payments, Russian Prime Minister Mikhail Mishustin declared at a strategic session on the development of the domestic financial system on Tuesday. The prime minister added […]

Ethereum, the second biggest digital asset followed suit, trading at around $1,584,82 at this time of writing. The US Fed has been raising interest rates multiple times this year in order curb inflation, which currently is at a four-decade high. The Federal Reserve Bank of Kansas City hosted dozens of central bankers, policymakers, academics and economists at its annual economic […]

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  The crypto market cap fell back below $1 trillion over the weekend, after the Jackson Hole symposium where Federal Reserve chairman Powell reaffirmed the hawkish stance of the U.S. central bank. Meanwhile, the Securities and Exchange Commission has delayed yet another decision on VanEck’s latest bid to launch a spot Bitcoin […]

The price of Ripple (XRP) is in an upward correction from the previous highs. In the last three days, the altcoin has held above the $0.32 support. Ripple price long-term forecast: bearish  In previous price movements, XRP moved between $0.32 and $0.35. Yesterday, the altcoin corrected upwards and reached the high of $0.33, and today the upward movement is likely to […]

The family of the world-renowned painter Frida Kahlo released never before seen art and memorabilia tied to the artist into the metaverse. The content debuted in a permanent exhibition during the third-annual Metaverse Art Week in Decentraland, held on Aug. 24–28.  Metaverse users are now able to experience the art, along with personal anecdotes told by close family members in […]