Crypto News

How Binance NFT Is Building the No․1 Gaming Metaverse
Video games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how Binance NFT is building the Gaming Metaverse.

Top 5 cryptocurrencies to watch this week
After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.”

Here’s What Next For Polygon (MATIC), Polkadot (DOT), and VeChain (VET)
The crypto market is trading green with minimum volatility. BTC trades above $51K, ETH strides above $4K. Leaders of the race however are DOT, ATOM, and UNI with 10+% gains.

Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says 'It's Gambling Money'
Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm.

Top 3 Trending Cryptocurrencies on CoinMarketCap Gaining The Most Price Today
With the number of cryptocurrencies being released on the market every day, there’s no shortage of projects that see significant price gains. This article lists Top 3 trending cryptocurrencies on CoinMarketCap that gained the most price today, ordered by 24-hour price gain, lowest to highest.

Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained.

DeFi boom ensues as Terra crosses $21B in TVL, second only to Ethereum, Avalanche at $12B
The rising cost of using the Ethereum network triggered by network congestion has been a cause of frustration to many cryptocurrency enthusiasts, especially those wanting to explore the DeFi and NFT sectors. Many competing Layer-1 blockchains seized this opportunity to overtake Ethereum’s market share, with varying degrees of success.

UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams.