Author name: Peter

China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan

JPMorgan analysts believe that China's metaverse gaming market will explode, despite the current regulatory environment. This poses some challenges for adoption. JPMorgan recommends Bilibili, Netease and Tencent as potential winners of this growth that could exceed $100 billion. Analysts at JPMorgan Believe Metaverse Gaming Will Boom in China Different institutions have studied the metaverse and […]

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Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours

Today's session saw a plunge in cryptocurrency prices as markets responded to the U.S. inflation report. Bitcoin dropped by more than $2,000 over the past 24 hours as US consumer prices fell less than anticipated. Ethereum also fell below $1,600, which was a red flag. Bitcoin Today's session saw Bitcoin (BTC), which traded lower, due

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Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon

Prosecutors in South Korea have issued a warrant for Do Kwon's arrest and five other suspects. Prosecutors claim that Kwon and five others violated South Korea's capital market law. Prosecutors will request Interpol red notices for Terraform Labs' chief executive officer. Terraform Labs Executives Convicted of Violations to South Korean Capital Markets Law According to

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OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities

The Treasury's Office of Foreign Asset Control has published an update to its SDN List (OFAC's SDN List), which lists individuals who are accused of involvement in ransomware related to Iran. Seven bitcoin addresses are also listed on the list that are allegedly linked to the Iranian ransomware gang. Iran adds 7 new bitcoin addresses

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‘Why Isn’t Anyone Talking About This?’ — Twitter’s Crypto Spam Problem Increases With Legions of CZ Bots, Verified Vitalik Impersonators

Tesla's Elon Musk tried to buy Twitter, and tried to find information about the number of bots present on the platform. However, Twitter bots infest tens of thousands daily posts. Bots are very common in the cryptocurrency industry. Every time a popular account posts, the thread becomes infested with bots trying to scam people. Twitter

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Mining Concentration In America Poses A Major Threat To Bitcoin

Blind patriotism that encourages further centralization in America's mining industry is a regulatory trap. This opinion editorial is by Shinobi, who is a self-taught teacher in Bitcoin and a tech-oriented Bitcoin podcast host. There has been a huge migration of Bitcoin hashrate to the United States since the Chinese mining ban. Pro-American Bitcoiners have made

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Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement

Bitgo, a digital asset custody company and financial services provider, has stated that the firm has filed a lawsuit against Galaxy Digital seeking damages of more than $100 million. Bitgo claims Galaxy's "improper Repudiation and Intentional Breach of its Merger Agreement" is what caused the lawsuit. Galaxy Digital Sues Bitgo for Damages Resulting from the

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