95ab616d7ed3755e887c0c8abd77dfdd0fef68b0 Big Crypto

Are North Korean IT Remote Workers Targeting Crypto Firms? Here’s What We Know

Jul 20, 2022

According to the US Government, North Korean IT workers are flooding the freelance market. It’s illegal for US businesses to employ them, but, what if they have no idea they’re doing it? In this new remote work world we’re living in, it’s completely possible. The North Korean workers are targeting all kinds of technology-focused businesses, but of course, the CNN report on the matter focused on cryptocurrency firms. “It’s an elaborate money-making scheme that relies on front comp ...read more

Stablecoins Should Be Captured by ‘Robust’ Regulations, FSB Says

Jul 12, 2022

The Financial Stability Board (FSB) released a statement on Monday on the international  regulation  and supervision of cryptocurrency activities, including stablecoins, highlighting that the sphere is ‘fast-evolving’. The FSB noted that the recent turmoil in crypto-asset markets had exposed their inherent volatility, structural vulnerabilities, as well as their increasing interconnection with traditional financial systems. “Crypto-assets and markets must be subject to effective reg ...read more

Spain to Offer Grants for Metaverse Companies

Jul 12, 2022

The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of grants will be dedicated to the gaming and entertainment sector. Spain Acknowledges Relevance of the Metaverse Countries from all over the world are now considering th ...read more

XRP Trading Close To $0.30, How Long Will The Support Hold?

Jul 20, 2022

XRP has retraced on its chart over the last few days although the coin had attempted to head upwards, the bulls tired out. XRP at the moment has secured $0.30 as a strong support level. Price of the asset has to rise above its immediate resistance over the upcoming trading sessions in order for the bulls to take charge. If the coin fails to sustain the current price level, a fall beneath $0.30 is just a matter of time. Technical outlook for the coin painted mixed signals on the chart. Some of th ...read more

TA: Ethereum Breakdown Looks like the Real Deal, $1K Is The Key

Jul 12, 2022

Ethereum gained pace and traded below $1,150 against the US Dollar. ETH could decline heavily if there is a close below $1,000. Ethereum started a fresh decline below the $1,200 and $1,150 levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,145 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if there is a close below the $1,085 level. Ethereum Price ...read more

G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October

Jul 20, 2022

The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October The Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, released a statement Monday on the “international regulation and supervisi ...read more

Ethereum Tests $1,170, Is $1000 The Next Target?

Jul 20, 2022

Ethereum over the past few weeks has registered multiple rejections at $1,280. It continues to aim toppling above the aforementioned price level. ETH has been trading in a downward channel since July 8. Over the last 24 hours, Ethereum lost 3.3% which to an extent has reversed its weekly gain considerably. Technical outlook remains bearish on the short time frame. The pullback that Ethereum faced multiple times could possibly catapult price higher. In that case, ETH might target resistance level ...read more

Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months

Jul 20, 2022

Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%, and wonderland is down 99.8% from its ATH. Elastic Rebase Tokens Fall Short of Expectations, Sliding 92% Since November 2021 Last year when the bull run started, rebase tokens were becoming extremely ...read more

Stablecoins Should Be Captured by ‘Robust’ Regulations, FSB Says

Jul 20, 2022

The Financial Stability Board (FSB) released a statement on Monday on the international  regulation  and supervision of cryptocurrency activities, including stablecoins, highlighting that the sphere is ‘fast-evolving.’ The FSB noted that the recent turmoil in crypto-asset markets had exposed their inherent volatility, structural vulnerabilities, as well as their increasing interconnection with traditional financial systems. “Crypto-assets and markets must be subject to effective reg ...read more

Claim Your First NFT Top-Level Domain for Web3 on Quik․com

Jul 20, 2022

sponsored NFT domains enable users to establish a presence on the decentralized web and the metaverse, with Quik.com providing top-level domains such as .metaverse, .vr, .web3, and many other powerful options for users to claim. Check out metaverse domains . The metaverse ideology and the emerging concept of brands establishing themselves in the decentralized web-based virtual universe have created a race for top-tier domains for businesses, individuals, and many developers to a ...read more