A metric posed as a criticism of Bitcoin actually shows extreme energy usage in one example of a legacy company.

Rug pulls are crypto scams that occur when developers of a new cryptocurrency pump a token's value and vanish with the funds as the coin’s value collapses.

Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic […]

The Annual Islamic Finance Innovation Day (IFID) Forum today announced that its third edition is set to take place in the Kingdom of Bahrain on 27 February 2022 under the Patronage of the Central Bank of Bahrain (CBB). The Forum will look at new cutting-edge Fintech innovative solutions are transforming investment in the industry both […]

The post IFID 2022 FOCUSING ON “HOW FINTECH INNOVATION IS TRANSFORMING THE INVESTMENT INDUSTRY” TO BE HELD UNDER THE PATRONAGE OF THE CENTRAL BANK OF BAHRAIN appeared first on Fintech News.

CAMPBELL, Calif.–(BUSINESS WIRE)–Please replace the release dated January 4, 2022 with the following corrected version due to multiple revisions. The updated release reads: WEKA Increases Funding to $140 Million to Accelerate AI Data Platform Adoption in the Enterprise WEKA, the data platform for AI, today announced that Hitachi Ventures led its recent round raising $73 […]

The post CORRECTING and REPLACING WEKA Increases Funding to $140 Million to Accelerate AI Data Platform Adoption in the Enterprise appeared first on Fintech News.

“Reforming the face of finance” is crypto’s primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector.

ABC’s Shark Tank star, Kevin O’Leary, has sounded a warning that environmental, social, and governance (ESG) reporting is going to shake up the Bitcoin mining industry. While many key players are currently focused on Bitcoin’s price performance, O’Leary is more concerned about the dangers that the Bitcoin mining industry can pose for the market. O’Leary

The post Shark Kevin O’Leary Warns Crypto Miners; Here’s Why appeared first on CoinGape.

This article looks at highlights from a recently-released comprehensive report on layer one blockchain Cardano ($ADA) by Kraken Intelligence, the research arm of crypto exchange Kraken. Kraken’s 42-page highly impressive research report, which is titled “Cardano: A new generation in smart contract platform design”, was released a couple of days ago. After the introduction, the […]

Myanmar’s Junta wants its own digital currency but the government in exile still pushes Tether as the main crypto to use so let’s read more today in our latest cryptocurrency news today. The military government is proposing and creating its own digital currency after a year of overthrowing the elected leader. Myanmar’s Junta wants to […]

According to a metaverse analytics organization, real estate sales in the metaverse are likely to surpass a billion dollars this year. Real estate sales on four major metaverse platforms, which exceeded $501 million last year, are expected to double this year. According to Metametric Solutions, a metaverse analytics organization, real estate sales on four key metaverse platforms — Sandbox, Decentraland, Cryptovoxels, and Somnium — totaled $501 million in 2021, according to the business.  There are a total of 268,645 parcels of various sizes on the four platforms. According to the analytics firm, metaverse real estate sales might double this year, reaching roughly $1 billion in 2022. According to Brandessence Industry Research, the metaverse real estate market is predicted to increase at a compound annual rate of 31% from 2022 to 2028. The metaverse has been projected to be a multitrillion-dollar possibility by many organizations. Goldman Sachs and Morgan Stanley, two major financial institutions have estimated that the metaverse might be worth $8 trillion.  Apple CEO Tim Cook stated last week that his company believes the metaverse has a lot of possibilities. He said, ‘It’s very interesting to us.’ Haim Israel, a strategist at Bank of America, said in December that the metaverse is a huge possibility where cryptocurrencies will be widely used as currencies. He further said: “I definitely believe this is a massive, massive opportunity.”

The post Analytics Firm Says Metaverse Real Estate Sales Expected to Reach $1B appeared first on Cryptoknowmics-Crypto News and Media Platform.

One of the richest men in Australia brought the first global criminal suit against Mark Zuckerberg-run social media platform.