Market focus

Interest in Metaverse and associated features, like virtual lands and real estate, is in hot demand, available data from DappRadar shows. Over $100 million was spent on purchasing these virtual properties last week, including the Sandbox grossing over $80 million and Decentraland above $15 million. According to DappRadar, Metaverse-related projects like The Sandbox, Decentraland, CryptoVoxels,…

Breaking crypto news from the last week (Nov. 27 – Dec. 3, 2021): Nov. 27: The analytic report suggests that the Bitcoin network already transfers more the dollar value than PayPal and could potentially match Mastercard’s network after 2026. Nov. 28: Emirates Post Group (EPG) announced on November 28 the first in the region issuance…

Another “veteran” cryptocurrency has added smart contracts to its network. IOTA is very different from other cryptocurrencies: For starters, it doesn’t run on the blockchain, using a slightly different technology instead. Now it also features smart contracts, though currently still in beta version. The official blog of the IOTA project released a message that smart…

Bitcoin plunged along with other cryptocurrencies on Saturday, which is another indication of the risk aversion sweeping across financial markets. The biggest cryptocurrency was down about 18%, the largest one-day loss since September. Bitcoin was trading at $46,743 by 11:30 GMT on Yahoo Finance on Saturday, down 18% on the day. It was the largest…

Among the platforms for creating various blockchain projects, including in the DeFi segment, there are quite unusual initiatives associated with the Telegram messenger. More precisely, with the bold attempt of its creator Pavel Durov to turn an ambitious messenger into a whole separate world, an independent operating system with its own cryptocurrency on the blockchain….

David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, said Tuesday that he will be parting company with the social media giant. Experts suggest that Marcus’s departure comes after delays of the Diem project amid scrutiny from regulators. Marcus announced the decision via a Monday tweet but hinted that it might be something…