Crypto-news

While the crypto market is a hot mess, leaving many investors struggling to turn a buck, the arbitrageurs enter – Lisa Pauline Mattackal and Medha Singh write for Reuters. Bitcoin and other cryptocurrencies have either been shackled to ranges or in decline since January, leaving your regular buy-and-hold investor with little option but to sell…

Portuguese professional footballer Cristiano Ronaldo and crypto exchange Binance have signed a multi-year joint marketing agreement. As a part of the deal, multiple Ronaldo NFT collections will be produced each year of the deal and released exclusively on the Binance NFT marketplace. “Together, we’ll give you the opportunity to own an iconic piece of sports…

Solana Labs is developing its own mobile phone titled “Saga,” an Android handset featured with Web3 dApps, integrated “Solana Pay” for QR-code payments, a mobile wallet, and a “seed vault” for private keys. According to Solana backers, the devices will cost around $1,000 and be available in early 2023. At an event in New York,…

Social media Meta is working on a wallet for the metaverse as the company is expanding its NFTs test and launching new features for creators on Facebook, Instagram, and WhatsApp. Meta CEO Mark Zuckerberg has also confirmed that Facebook Pay was renamed Meta Pay., “Ideally, you should be able to sign into any metaverse experience…

TIMEPieces, an NFT community initiative under US media company TIME, and The Sandbox announced on Tuesday a new partnership to develop TIME Square, the firm’s first-ever destination on TIME Land, in The Sandbox metaverse. According to an announcement on Medium, TIME Square will be built on the media outlet’s virtual land in The Sandbox as…

ProShares, an investment product provider, announced the launch of the US first short Bitcoin exchange-traded fund (ETF) that would allow investors to bet on Bitcoin’s decline. The product has launched Tuesday under the ticker BITI. According to Monday’s statement, the ProShares Short Bitcoin Strategy ETF would allow investors to profit from a BTC price decrease…