In the fast-paced world of Web3 technology, managing your onchain activities can be a daunting task. However, Coinbase has introduced a solution in the form of the Coinbase Wallet Web3 app, designed to simplify and streamline your on-chain experience. In this article, we will explore the key features of this platform and why it could
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Soccerverse, a blockchain-based football management game, has recently received a substantial investment of £2.5 million ($3.1 million) led by game publisher Square Enix. This funding round, supported by existing investor Hiro Capital, brings Soccerverse’s total funding to $4 million. This injection of capital signifies a significant moment for Soccerverse as it aims to revolutionize the
The recent decision by the US Securities and Exchange Commission (SEC) regarding exceptions for certain institutions impacted by Staff Accounting Bulletin No. 121 (SAB 121) has sparked debate within the financial industry. This move is seen as a significant development in the realm of crypto accounting compliance and has the potential to shape the future
Bitcoin’s price saw significant fluctuations recently, hitting close to $60,000 after the release of CPI numbers, only to plummet by over $2,000 shortly after. This rollercoaster ride has left investors on edge as the primary cryptocurrency struggles to maintain its momentum. With dramatic swings in price from multi-month lows to temporary peaks, Bitcoin’s volatility remains
Anomaly Games has recently announced their collaboration with the Google for Startups Cloud Program, marking a significant step towards revolutionizing the gaming sector. This strategic partnership aims to blend advanced cloud technology with artificial intelligence and Web3 innovations, promising a novel approach to game development and deployment. By becoming a member of the Google for
During a recent hearing, Judge Katherine Polk Failla expressed criticism towards Coinbase for its attempts to subpoena SEC Chair Gary Gensler in the ongoing case against the firm. Failla highlighted that Coinbase’s request included Gensler’s statements prior to taking office as SEC chair in 2021. The company’s lawyer defended this request by explaining that they
The recent vote in the US House of Representatives regarding HJ Res. 109 to rescind SEC Staff Accounting Bulletin (SAB) 121 ended in a disappointing outcome. While 228 House members voted in favor of ending SAB 121, 184 voted against the resolution and 21 abstained. This majority support was still insufficient to overturn the bulletin,
In a recent development, the US Securities and Exchange Commission (SEC) has officially closed its investigation into stablecoin issuer Paxos. This decision comes after over a year of uncertainty surrounding Paxos and its role in the issuance of the Binance USD (BUSD) stablecoin. On July 11, Paxos made an announcement revealing that they had received
Recent data has revealed a significant shift in the relationship between Bitcoin and US stocks. The flagship cryptocurrency has completely detached from the Nasdaq 100 and S&P 500, with a correlation of -0.78 and -0.83, respectively. This strong negative correlation indicates that Bitcoin and these assets are now moving in opposite directions. The decline in
Bitcoin, the leading cryptocurrency in the market, recently experienced a setback in its upward trajectory as its price surge towards $60,000 was halted. The digital asset has now retraced back to just over $58,000 after a minor pullback in the past 24 hours. In the midst of Bitcoin’s price fluctuation, some altcoins have emerged as
