Elon Musk disclose the Reason Why Tesla Sold 75% of Its Bitcoin
Tesla had to sell most of its bitcoin holdings to meet unexpected production costs in China, the USA, and Germany. The electric vehicle giant Tesla sold $936 million of its…
Singapore about to Become the Next BTC and Crypto Hub
Singapore is also affected due to the growing inflation.New regulatory reforms revised for both BTC and other digital assets. Singapore to become a major hub for BTC and crypto.The Central…
Tesla Sold $936 million Bitcoin Holdings in Second Quarter Worth
Electric car manuficaor Tesla (TSLA) announced that it sold $936 million worth of its Bitcoins or 75% of its holdings in the second quarter. The company reported the revelation in…
FBI Warns Public Over Phishing and hacking Crypto Apps
FBI has issued a public warning about fraudulent cryptocurrency apps. According to the FBI, $3.7 million was defrauded from 28 victims. The Federal Bureau of Investigation (FBI) has issued a…
Binance Beats Coinbase in Terms of Most Bitcoin Holdings as per Data
Coinbase has held its position as the largest Bitcoin exchange since 2014.Bitcoin holdings on Coinbase have fallen below the 600,000 barrier.In the race to hold the most bitcoins, Binance has…
Vladimir Putin Approves Bill Restricting Digital Financial Assets
Russia will begin this autumn by introducing a new bill called “On Digital Currency.”Russian authorities have said that the DFA covers cryptocurrencies. Russia’s President Vladimir Putin has approved a bill…
Samsung Launches a Metaverse World more recently. See what it is!
Samsung launched “Space Tycoon”, a metaverse world for their users. This universe is built to engage with Samsung Gen Z users. Space Tycoon will be launched in 14 languages at…
Shanghai moves for $1.5B Metaverse Fundings
China gets hit hard by different COVID variants. Shanghai plans to invest largely into the metaverse, smart terminals, and energy resources. Numerous subsidiaries to be allotted for Metaverse firms in…
Gamespot Launches Its First NFT Marketplace
GameStop launched its debut NFT token marketplace last Monday. Previously, GameStop and Immutable X launched a $100 million grant program.On Monday, an American video gaming platform, GameStop announced the launch…
Bitcoin Mining Hashrate Drops to New Low as Miners Face Crypto drought
The Bitcoin mining hash rate declined by over 26% in the last 30 days as miners grapple with falling prices across the board. Hashrate is the computational power required to…