Crypto News

This Metaverse/Meme Coin Gained Over 2000% In Price Today
Some cryptocurrencies have seen significant price gains, with the crypto market trading sideways this week. Metaverse coins and Meme coins continue to dominate the markets, with many seeing double or even triple-digit percent gains.

New bill aims to 'mitigate risks' to US from El Salvador's Bitcoin Law
A bipartisan group of senators introduced legislation in the U.S. Senate which seeks to mitigate perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency.

Digital yuan is being used to make 2 million yuan worth of payments each day at the Beijing Olympics, a PBoC official revealed.
A top official from The People’s Bank of China (PBOC) has provided an update on the latest trial of the Chinese central bank digital currency (CBDC) during a webinar arranged by the Atlantic Council Tuesday. The digital yuan, or e-CNY, is currently being tested at the Beijing Winter Olympics, Reuters reported.

Should the United States Consider Issuing CBDCs Based on Other Large Economies’ Decisions?
In their January 2022 report, ‘Money and Payments – The US Dollar in the Age of Digital Transformation,’ the Federal Reserve posed this question.

DAO Wants To Buy Lord Of The Rings Rights
Lord of the Rings DAO seeks to purchase the intellectual property rights to the beloved Tolkien franchise at an expected price of 2 billion USD.

Syndicate protocol helps create 450 new DAOs in just three weeks
Blockchain-based investing protocol Syndicate claims that 10% of all decentralized autonomous organizations (DAO) in existence have been created on its platform in less than three weeks of operation.

Warning: How 'One Time Password' bots can steal all your crypto
Scammers have been using advanced hacking bots on Telegram designed to trick investors into divulging their two-factor authentication, leading to accounts being locked and wiped out.

Hollywood Star Ryan Reynolds on Crypto: 'It's Emerging as a Huge Player'
Famous actor Ryan Reynolds says crypto is “emerging as a huge, huge player.” The Hollywood star added that “companies are doing a good job of bringing it into a sort of safer, more mainstream light.”