Can CoinSimple365 Keep Up With E-capital Markets?

Can CoinSimple365 Keep Up With E-capital Markets?

Knowing what digital assets are and how they can help you navigate this complex business. A digital asset is akin to a traditional asset, such as a bank account, stock, or bond. The main difference is that these are purely fictitious and not real.  The majority of digital assets may be bought and sold on Coinsimple365 in a range of currencies or tokens. Purchases can be made using these tokens, much like cash. In addition to the black market, you may now sell them online as well.  Coinsimple365 has your…

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Why Umetaworld is Your New Social Media Solution

Why Umetaworld is Your New Social Media Solution

We talk about the metaverse a lot these days. We debate what it will mean for the future of the world and how it should be approached. Every few years, the tech world has a few things that capture its attention and these days, it is the metaverse. But if you’ve stayed on top of its developments, you’ll notice that a lot of the metaverse is geared towards gaming. GameFi is one of the hottest digital trends these days and a reason for this is its connection to the metaverse.…

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Bitcoin And Ethereum Pump Above 10% Despite Negative U.S. GDP Report

Bitcoin And Ethereum Pump Above 10% Despite Negative U.S. GDP Report

Summary: Leading cryptocurrency Bitcoin traded higher than $23K on Thursday. The top coin enjoyed a slight rally following Wednesday’s FOMC meeting. America’s Q2 GDP report was also released with the figure at -0.9%. The number signaled a recession per technical definition although authorities opined differently. Crypto coin prices flashed green regardless of the news with market leaders Bitcoin and Ethereum both in double-digit gains. The total crypto market cap is also above $1.1 trillion at press time. Major alts like Solana are up in gains as well.  Bitcoin stayed green…

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Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

Summary: A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first to spot the significant AXS transaction from the wallet. Sky Mavis’ spokesperson has explained that the AXS was moved to ensure short sellers would not front-run the news. The CEO of the popular gaming Dapp, Axie Infinity, allegedly transferred $3 million worth of AXS before an announcement was made regarding the $600 million hack…

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Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2

Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2

Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit, is shedding lots of money. In its recent earnings call, the company informed that, while the Reality Labs unit managed to pull more than $400 million in sales, its losses reached $2.8 billion, mainly due to research and development costs associated with metaverse and VR products. Meta’s Metaverse Push Is Making It Lose Funds Meta, one of the first companies that announced a pivot from social media to the metaverse, is battling to make its…

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First Decentralized Data Warehouse, Space and Time, Raises $10M Seed Round Led by Framework Ventures

First Decentralized Data Warehouse, Space and Time, Raises $10M Seed Round Led by Framework Ventures

Los Angeles, United States, 28th July, 2022, Chainwire As the DeFi & GameFi sectors grow, Space and Time aims to be the first truly decentralized solution for rapid and secure data processing at enterprise scale  Space and Time TM, a decentralized data platform for blockchain applications, has raised $10 million in a seed round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi) and blockchain gaming (GameFi). Additional participants in the round include Digital Currency Group (DCG), Stratos, SamsungNext, IOSG Ventures, Alliance…

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