Crypto News

Heroes of NFT: First collectible NFT card game on Avalanche Network with Metaverse
Heroes of NFT is a metaverse game environment where players can create their own Metasphere, roam the universe, interact, and trade Avalanche NFTs with other users while enjoying play-to-earn games in our battle arenas. While waiting in the lobby, players can play various games besides the initial one, Heroes of NFT.

Shiba Inu (SHIB) Sagging Values To Get A Boost With New Token Burn Mechanism?
Shiba Inu developers are in the process of developing new methods to burn SHIB. According to Steven Cooper, these mechanisms will be introduced to the ecosystem later. Over the past weekend, more than 110 million SHIB tokens have been burned.

Bitcoin dumps to hit six month lows near $38K
Bitcoin is leading the way down for all crypto as macro indicators may spell disaster for the market in the short term according to some analysts.

Bank of Russia is pushing for a wide-ranging ban on crypto-related activities.
The Central Bank of Russia is advocating a ban on all sorts of crypto activities in a report titled “Cryptocurrencies: Trends, Risks, Measures.” The document was published this week, and the regulator awaits comments and suggestions on its contents until March 1. In the paper, the Central Bank of Russia (CBR) acknowledges the rapid growth of the global crypto market in the past year and the annual $5 billion in crypto transactions made by Russians.

NFT firm Dropp GG set to launch ‘geo-minting’ and ‘mixed reality events’
Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the Metaverse.

U.S. Fed Releases New Whitepaper for CBDC Digital Dollar, Kickstarts Debate
On Tuesday, January 20, the U.S. central bank aka the Federal Reserve kickstarted the debate about the central bank digital currency (CBDC) aka Digital Dollar by releasing a new whitepaper.

Bybit joins the NFT marketplace party amid market’s renewed boom
While far away from its heyday in August last year, when it was carrying out trade of over $1.7 billion each day, the NFT industry is nevertheless booming at the moment. It crossed $500 million in daily sales earlier this month for the first time since November, and profits have only been ascending since.

An Overview of DAO – The Fall and the Eventual Rebound
Over the years, blockchain technology has led to several applications. Cryptocurrency has been a hot topic since 2016, and now NFTs are dominating the news. DAO is another blockchain application that could take center stage.

Report: Hackers employ low-tech malwares to target individuals & steal millions
If it were measured as a country, then cyber-crime — which is predicted to inflict damages totaling $6 trillion globally in 2021 — would be the world’s third-largest economy after the U.S. and China.