Blockchain
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030 In addition, more than 80% of commerce could be impacted by activities in the
Blockchain
Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’
Shark Tank star Kevin O’Leary, aka Mr Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn “Long term, you just have to stomach it You have
Blockchain
Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin
Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE) He confirms that he will keep buying and supporting the meme cryptocurrency The price of dogecoin climbed following his
Blockchain
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
The president of El Salvador has some advice for bitcoin investors He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market El
Blockchain
Binance Suspends Direct Deposits and Withdrawals in Brazil
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil The exchange issued a statement where it announced that this was the result of a change in the payments
Blockchain
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders The cryptocurrency OTC trading desk Cumberland, a
Blockchain
Sberbank to Conduct First Digital Asset Transaction on Own Platform
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week The announcement
Blockchain
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST)
Blockchain
$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
It’s been a week of polarizing opinion in crypto news Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will
Blockchain
Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later However,
Blockchain
Ukraine Joins European Blockchain Partnership as Observer
Ukraine has been granted observer status in the European Blockchain Partnership (EBP) Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian
Blockchain
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks The governor added that cryptocurrencies’