The World Bank has signalled its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency and says it won’t support the newly announced “Sango” crypto hub. At the end of April CAR president Faustin-Archange Touadéra established a regulatory framework for cryptocurrency in the country and adopted Bitcoin as a legal tender. On May 24 he […]

Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According to data from Beacon Scan, on May 25 seven blocks from number 3,887,075 to 3,887,081 were knocked out of the Beacon Chain between 08:55:23 to 08:56:35 AM UTC. The term reorg refers to an event in which a block that was […]

The Sandbox (SAND) price is up over 12% today and up over 20% this week amid an announcement of an upcoming partnership between Elvis Presley Enterprises and web3 studio Run it Wild, where users in Sandbox’s Metaverse will be able to turn into Elvis characters and celebrate the icon in the virtual realm. The partnership will enable Elvis fans an […]

RACA’s play-to-earn game Metamon World continues to grow despite the 2022 setback in the value of the cryptocurrency market, which, according to data from Coinmarketcap, has lost more than $1 trillion in value since the start of the year. However, in the same period, Metamon World has continued strong with more than 1.46 billion cumulative battles fought. Furthermore, data from […]

JPMorgan has placed Bitcoin’s (BTC) fair price at $38,000, which is 28% higher than its current level of around $29,500, according to a note the bank issued to clients on Wednesday. “The past month’s crypto market correction looks more like capitulation relative to last January/February and going forward we see upside for Bitcoin and crypto markets more generally,” the note […]