Metaverse: Lowe’s jumps into the virtual world
Jun 24, 2022 08:34 am UTC| Business Digital Currency Investing
Lowes Companies, Inc., an American retail company specializing in home improvement, is expanding its business into the metaverse through a tool that will help visualize projects. As more and more firms are jumping into the...
Jun 23, 2022 16:18 pm UTC| Digital Currency
Bitcoin, the original cryptocurrency, remains a bellweather for the sector. It hit an all-time high of more than US$68,000 (55,600) in November 2021, when the overall value of the cryptocurrency market was close to US$3...
LA Angels and Washington Wizards lose out on sponsorships due to crypto crash
Jun 22, 2022 23:34 pm UTC| Sports Economy Business Digital Currency
MLBs Los Angeles Angels and the NBAs Washington Wizards have lost out on major sponsorship deals due to the downturn in cryptocurrency. According to reports, the Wizards agreement with an unnamed cryptocurrency company...
S. Korea's high court overturns guilty verdict of man in ‘wrongly-sent’ bitcoins case
Jun 21, 2022 23:27 pm UTC| Law Digital Currency Economy Business
The South Korean Supreme Court overturned the guilty verdict against a 32-year-old man in a breach of trust charge for keeping bitcoins inadvertently sent to him due to misinterpretations of the principles of law. The...
Jun 21, 2022 10:11 am UTC| Technicals Digital Currency
BTCUSD regained above $20000 on short covering. The pair crashed sharply and lost more than 74% from an all-time high of $69000.A hawkish aggressive rate hike by the fed and surging inflation dragging the riskier assets...
Binance cancels deposits, withdrawals in Brazil due to new central bank policy
Jun 20, 2022 10:44 am UTC| Business Digital Currency
Binance had to suspend the deposits and withdrawals of crypto in Brazil after the countrys central bank issued a new payment policy. It was reported that the temporary halt of the service applies to all transfers that are...
Bill Gates sees cryptos and NFTs as shams
Jun 17, 2022 00:25 am UTC| Digital Currency Technology Economy Business
Bill Gates claimed that cryptocurrency and NFT trends are 100% based on greater fool theory, referring to the idea that investors can profit from worthless or overvalued assets if enough people are willing to bid them...