Coinspeaker

2022-11-04 16:58:50 American-owned F1 team Haas has announced its partnership with NFT peer-to-peer marketplace OpenSea. The deal makes OpenSea the official NFT Marketplace Partner of the F1 team.

One of the largest crypto exchanges Kraken has announced that its much anticipated Non-Fungible Token marketplace is going live in beta. The market would be made available to customers who joined the market’s waitlist in May.

The first NFT vending machine in Europe has arrived in London, at the Queen Elizabeth II Centre in Westminster. The new vending machine dispensing NFTs for £10 a pop has been the latest attraction for passers-by.

Elrond Network, a blockchain protocol designed to match the growth of today’s internet and digital ecosystem has announced that it is transforming and expanding into MultiversX, a high-powered protocol with a focus on Web3 and the metaverse.

Amazon is reportedly pausing hiring for roles in its corporate workspace, according to a recent memo released by the e-commerce giant to staff. The Head of HR at the company explained in the memo that the worsening economic situation influenced this decision. Open / Comment

2022-11-03 16:44:08 The US Federal Reserve announced a 75 basis points rate hike to control the rising inflation. The rate hike came on the expected line as the Fed shared how it will tackle monetary policy going ahead.

Twitter’s Chief Elon Musk is gearing up to fire as many as 50% of the total workforce of the company in a bid to downsize and reduce costs simultaneously.

Binance founder and CEO Changpeng Zhao is considering buying banks. The exchange founder talked about this vision while speaking in an interview with Bloomberg at the Web Summit Conference in Lisbon.

Tech giant Meta, the parent company of Instagram, has announced that the social media platform will soon introduce several nonfungible token-related tools that will allow creators to mint, showcase, and sell digital collections powered by NFTs.

Web3 studio Dapper Labs appears to be the latest in a long list of firms that have slashed their staff. According to the announcement, the firm has decided to terminate the contract it has with about 22% of its team. Open / Comment

2022-11-02 16:47:15 Following his successful Twitter takeover, businessman Elon Musk has begun with a few changes, including a subscription-based model for user account verification.

Texas-based money transfer company MoneyGram has declared a new cryptocurrency service that will authorize users to trade Bitcoin, Litecoin, and Ethereum on the firm’s mobile application.

Expectations abound that the US Fed will once again raise interest rates by 75 basis points, but could slow the pace afterward. According to reports, the US apex bank will raise interest rates on Wednesday and then cut down on rate hikes as early as December.

EV maker Tesla plans to begin mass production of its Cybertruck in the coming year. The target time is two years after the initial mark for the truck was unveiled by CEO Elon Musk.

The Monetary Authority of Singapore has announced that the first industry token pilot that explores the use of decentralized finance applications in wholesale funding markets has completed its first live trades. Open / Comment

2022-10-31 18:48:39 The inflation pressures that are being experienced by most countries around the world are having a much more untold effect in the Euro Zone. The headline inflation in the Euro Zone topped 10.7%, the highest it has recorded since the formation of the 19-member body.

Time and again, new crypto projects have been known to spring up around major events generating hype. This year’s Halloween has not been an exception, with many Halloween-themed shitcoins deployed.

The CEO of popular crypto exchange FTX is reportedly about to realize up to $100M after Musk’s Twitter purchase. Bankman-Fried may be cashing up to $100M as he owned around $50-$100M worth of stock in Twitter before the acquisition.

Elon Musk’s Twitter acquisition has set the DOGE price on fire. Cardano founder Charles Hoskinson proposes making Dogecoin a Cardano sidechain for integration into Twitter. Open / Comment

2022-10-28 19:28:18 Global financial and credit card giant Visa may be planning a deep dive into digital wallet service after filing for two trademark applications, suggesting that it intends to launch its own cryptocurrency wallet.

Although Facebook was once one of the five most valuable US companies in mid-2021, its parent company Meta is no longer among the top 20 most valuable US companies. Meta Platforms is currently worth a relatively measly $270 billion.

Twitter has announced a new update on its platform: users can now purchase and sell Non-Fungible Tokens instantly via tweets in collaboration with four additional marketplaces.

Digital banking company Revolut has reportedly added a new crypto spending feature to its platform to enable users to make purchases with their Revolut card and pay from their crypto balances.

The country of Mexico has become the first in the world to launch a metaverse shopping mall. Conceived by a Mexican entrepreneur as Island Shopping Mall, the mall opened today showcasing 80 different brands. Open / Comment

2022-10-27 19:30:41 The world’s largest meme coin Dogecoin has been on a massive price rally over the last two days. With Elon Musk visiting the Twitter HQ in San Francisco, DOGE price rallied another 20% with a crucial breakout.

Blockchain.com has announced that its highly anticipated Visa card is out for grabs to limited users initially. According to the announcement, the Blockchain.com Visa card already has 50,000 sign-ups on the waitlist, all from the United States.

ATMs might be a wonder of the tech world but their status in this regard may not last as Non-Fungible Token vending machines are now making the rounds. MyNFT startup is bringing the first NFT vending machine in the EU to London as early as next week.

Prominent crypto exchange FTX is working on creating a stablecoin. In a recent interview with The Big Whale, the CEO of the Bahamian-based exchange Sam Bankman-Fried confirmed that it is possible. Open / Comment

2022-10-26 16:32:28 Tesla CEO Elon Musk, who made a $44 billion bid to buy Twitter, has confirmed that the deal is expected to close this Friday.

Cash App, a financial platform developed by Block Inc, has announced that its payment infrastructure is now integrated with the Bitcoin Lightning network.

Bitcoin has been in a bearish mode for some time with Peter Brandt, founder and CEO of proprietary trading firm Factor LLC predicting that the asset could trade between $17,000 and $23,000 till next year and a half before staging a bull run into new all-time highs.

German multinational clothing, shoes, and accessories brand Adidas AG has ended its corporate partnership with Ye, also known as Kanye West, over the rapper’s anti-semitic rhetoric.

It’s another win for the crypto industry as UK lawmakers have agreed on a new amendment to the existing crypto regulations. Per the agreement, the lawmakers will now recognize crypto assets as one of the regulated financial instruments within the country.

It appears that the Telegram-based Toncoin cryptocurrency is riding on the waves of rival WhatsApp’s recent misfortune. This follows after the cryptocurrency started seeing gains following the earlier crash of WhatsApp messenger. Open / Comment

2022-10-25 19:31:02 On Monday, October 24, pro-crypto candidate Rishi Sunak won the race to become the next Prime Minister of the UK. This happened as Boris Johnson and House of Commons leader Penny Mordaunt withdrew from the race.

Social network company Twitter is reportedly working on its own crypto wallet. The matter was revealed by tech blogger Jane Manchun Wong, who is famous for reporting to-be-launched tech features.

With the FIFA World Cup less than a month away, the fan tokens of National Football teams have been recording a massive slump, signifying sentiments for the countries who have these tokens and will be participating in the Mundial.

Luxury phone manufacturer Vertu has announced the launch of its first smartphone with major Web3 features – the Metavertu. The CEO Gary Chan made the announcement at a global launch held in London.

Apple has blocked apps on its App Store from using non-fungible tokens. According to reports, this move is to discourage NFT buyers and sellers from transacting their business in-app. Open / Comment

2022-10-24 19:55:26 The Asia Pacific market is showing mixed performances on Monday as the Hong Kong Hang Seng Index is leading losses in China. The index is down 6.26% after shedding more than 1,000 points to close at 15,195.79.

The world’s largest electric carmaker Tesla Inc has decided to cut the price of its cars in one of its most-competitive markets China. As per the latest development, Tesla has cut the price of its Model and Model Y vehicles.

The Bitcoin mining difficulty has scaled to a new all-time high, 36.84 trillion, after recording a spike of 3.44 percent in the previous adjustment. The current Bitcoin hash rate stands at 257.77 EHs.

Monday morning signaled some hopeful times ahead for the European stocks market, which opened on a rising note. However, it might be safe to say that the driving force behind the sudden rise in the value of European stocks, is a recent report that claims that the Federal Reserve could throttle down on its pace of interest rate hikes.

Payments firm Block has put out job vacancies to bolster its mining team and wallet hardware business. According to the job announcements, the firm is looking to fill in for the lead positions at its Bitcoin mining policy, communications, and partnerships departments. Open / Comment

2022-10-21 18:31:31 Twitter may be forced to operate with a fraction of its workforce as Elon Musk moves ahead in his plan for a leaner platform. Previously, there were rumors that Tesla CEO would lay off some of the social media company’s workers.

Ripple is inching closer to victory as it continues its ongoing and long-drawn-out battle with the SEC. According to a recent disclosure by general counsel Stuart Alderoty, Ripple finally has the elusive Hinman documents in their possession.

At the 90th INTERPOL General Assembly in New Delhi, the global police organization revealed the premiere Metaverse constructed particularly for law enforcement all around the world.

Telegram plans to auction usernames on The Open Network blockchain. This decision comes two months after Telegram founder Pavel Durov first floated the idea.

Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share NFTs as well as call-to-action collection objects on the platform.

Instacart has decided to push the much-anticipated IPO to 2023. This comes as a little surprise as the company was expected a couple of weeks ago to launch the event. Open / Comment