Cryptocurrency News

Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection – Metaverse Bitcoin News

Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection. First Government Entity in …

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Low-Risk Appetite Continues to Play Out in Bitcoin Market Based on Diminishing Institutional Activity

Institutional activity remains sluggish as bitcoin hovers around the lower $20K level, depicting a low-risk appetite. On-chain analyst Caue Oliveira pointed out: “Low institutional activity evidences de-risking movement by traditional whales. Looking at the daily trading volume in mutual funds traded in the traditional market with direct/indirect exposure to BTC, we can see the …

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Cathie Wood sells Coinbase shares amid insider trading allegations

One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading. Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase (COIN) shares, according to trading data compiled by Bloomberg. The sale …

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Wood’s ARK Slashes $75M in Coinbase Shares From Its Funds

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Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive – Featured Bitcoin News

Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some 69% of crypto investors surveyed admitted that they had a …

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Core Scientific Signs Hosting Deal to Add 75 MW to ASIC Server Capacity

U.S.-based crypto mining company Core Scientific has signed a colocation agreement to secure at least 75 megawatts (MW) of energy capacity for its data centres. The new agreement involves the deployment of 325,000 ASIC servers (combined with self-mining and hosting), which the company says, if successfully deployed, will generate annual revenue of about $50 million …

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‘Game yet to begin’ for security token offerings, INX exec says

Despite some of the first security token offerings (STO) launching at least four years ago, the STO industry is still yet to take off, according to an executive at the INX cryptocurrency trading platform. The STO industry is still nascent compared to the overall digital asset industry as companies and individuals are just getting into …

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Komainu Receives Provisional Regulatory Approval from Dubai’s VARA

Komainu, a crypto custodian backed by Nomura, confirmed today that the company has secured provisional regulatory approval from the Virtual Assets Regulatory Authority (VARA) in Dubai. According to the details shared by the company, the provisional regulatory approval will facilitate its regional growth. Take Advantage of the Biggest Financial Event in London. This year we …

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University of Tokyo to Offer Engineering Courses in the Metaverse – Metaverse Bitcoin News

The University of Tokyo will offer a series of engineering courses using metaverse tech. The courses, which are projected to start being offered later this year, will introduce students to the subjects of engineering and will combine this knowledge with the skills to handle metaverse-based worlds, to manage the digital transformation that work and educational …

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