Bitcoin News and Finance: What You Need to Know

PRESS RELEASE. Facebook transformation to Meta a conceptual displacement towards Metaverse and Web 3.0, crypto and NFTs (non-fungible tokens) are perceived by the global community as a game changing leap forward with a huge potential. The estimated number of global crypto users is 106 million people in the world. 13% of Americans bought or traded crypto in the past 12 months. (By comparison, only 24% of Americans invested in stocks). Even bigger companies such as Tesla or Square have up to 7-10% of their assets in cryptocurrency. In 2021 investors poured a record $30 billion into crypto. Armaldia is a fantasy metaverse globe. It is an economic, social, MMO unique cryptogame using BNB chain (BInance smart chain). The universe is composed of 198k revenue generating land plots that can be purchased as NFT. A pivot is a war. War is the main amusement and money provider. The builder game includes construction, production of resources and trade. Crypto and Web 3.0 as the edge of ...

On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments and Checkout Firm Bolt Acquires Wyre The e-commerce platform Bolt has revealed a definitive agreement to acquire Wyre , according to the company’s press statements published on Thursday. According to the Wall Street Journal (WSJ), the deal was one of the largest crypto firm acquisitions in terms of financial settlement size in 2022, as the WSJ report noted the acquisition was roughly $1.5 billion. The official Bolt press release does not disclose the financial details of the acquisition deal. The announcement explains that the companies aim to “decentralize commerce” and “simplify digital shopping.” Both Bolt and Wyre plan to “close the transaction and fully integrate before the end of the year, an...

The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain technology advancements will be critical to shaping the future of the metaverse.” Survey: Metaverse Will Be the Most Popular Place for Crypto Nasdaq-listed Agora (NASDAQ: API), a video, voice, and live interactive streaming platform, conducted a survey on the metaverse and published the results Tuesday. The company asked 300 U.S.-based developers a set of questions “to learn more about what they thought about the metaverse and what we will see in the coming years,” Agora detailed. Developers were surveyed because for them, “the growth of the metaverse allows the development of new communities and allows them to better connect with users,” the company explained. According to the results: 57% of respondents think that the metaverse will become the most popular place to buy, store and trade...

The crypto space is growing at a rapid pace, and it’s beginning to change major industries around the world. Even with the widespread of crypto, some people still do not have any idea of what it is. According to a survey mabe by Financial Conduct Authority (FCA), three in 10 people in the UK can’t correctly identify the definition of cryptocurrency from a selection of possible answers. The importance of crypto education can’t be overemphasized, with the accelerating growth of crypto adoption, there are key things to be aware of, for example, you need to know how to DYOR (Do Your Own Research). Having a solid foundation in crypto and financial education will help you to understand the evolution of the crypto space. Financial education is important for every individual to function in their everyday life, ranging from business owners to investors, etc. Business owners need this knowledge to make wise business decisions, likewise investors. Unfortunately, getting well-structured Crypt...

The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade Sanctions Not Possible, Central Bank of Russia Says Bank of Russia considers it impossible to use cryptocurrencies to circumvent financial restrictions imposed over the military conflict in Ukraine. That’s according to a statement by the central bank’s First Deputy Governor Ksenia Yudaeva, issued in a reply to a proposal by a member of the State Duma, the lower house of Russian parliament. Anton Gorelkin, a lawmaker from the ruling United Russia party, had suggested that Russian companies and individual entrepreneurs should be allowed to make payments in digital currencies, including for settlements with foreign partners. He thinks the establishment of a Russian national crypto infrastructure ...

A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war in Ukraine. 10,000 NFTs Created A newly launched Ukrainian charity project, Pray4Ukraine, has brought together hundreds of the country’s digital artists who have created 10,000 NFT art pieces. Working in concert with Pray4Ukraine, the artists hope to raise funds that will be used for humanitarian aid and to support the country’s armed forces. In a statement, the Pray4Ukraine team also revealed the charitable organization has already launched the sale of its NFT collection which consists of 9,930 artworks. According to the statement, the funds raised from the sale will go directly to the wallet of Come Back Alive , another charitable foundation that has been on the “humanitarian frontline since May...