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Business · Menlo Park

Mark Zuckerberg Confirms NFTs Are Coming Soon To Instagram

34% Center coverage: 18 sources
Mark Zuckerberg said Meta Platforms Inc is working on bringing non fungible tokens (NFTs) to its social media platform, Instagram. Zuckerberg said Instagram users will "hopefully" be able to mint their own NFTs in the coming months. In January, Benzinga reported that Meta was looking to add NFT functionality to Facebook and Instagram.See the Story

Binance temporarily halts Polygon deposit and withdrawal to sync nodes By Cointelegraph

100% Center coverage: 1 sources
MATIC deposits and withdrawals on Binance are temporarily unavailable, according to a Binance announcement made earlier today. Binance made the announcement after Polygon networks outage since March 11 that occurred after an upgrade on the Polygon chain. The suspected bug in the Polychain network was in one of the three layers that make up the blockchain: the Heimdall layer.See the Story
Real Estate

23-year-old Australian buys $314k property via planned crypto investments By Cointelegraph

100% Center coverage: 1 sources
23-year-old Australian buys property of $314k. Loi Nguyen, a young Queensland resident during the 2020 bull run played the long game of accumulating Bitcoin (BTC) and Ether (ETH) over several years. Nguyen cashed out his crypto investments in November-December 2021, when Bitcoin reached an all-time high of $69,000, to purchase real estate.See the Story
Interest Rates

Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger By Cointelegraph

100% Center coverage: 1 sources
Bitcoin drifts into weekly shut whereas Fed price hike looms as subsequent main BTC value set off. Deutsche Financial institution to Exit Russia, Says There Will Be No New Enterprise There Finance Bitcoin Information. Gold 2.0? Strive Reserve Asset 3.0. Shiba Inu recognition rising in these 3 international locations.See the Story

Putin overestimated ability to bypass sanctions with cryptocurrency, FBI boss says

100% Right coverage: 1 sources
Christopher Wray, director of the Federal Bureau of Investigation, stated that given the United States capabilities to thwart crypto-based initiatives, fiat was a more plausible path for Russia to pursue in order to escape sanctions. Wray referenced the FBI's recent work confiscating substantial quantities of cryptocurrency as proof that there were flaws in exploiting digital assets to circumvent sanctions.See the Story

Bitcoin mining could contribute to energy independence in the US

Rep. Pete Sessions wants Texas Bitcoin mining to be a key component of U.S. energy policy. His state, once synonymous with oil, is the epicenter of a Bitcoin mining boom. According to data from fall 2021, Texas provides the fourth-highest hashrate of any state.See the Story

Crypto market selling pressure remains Asia dominated: Glassnode By Cointelegraph

100% Center coverage: 1 sources
Crypto market promoting strain stays Asia dominated: Glassnode. Indian Authorities Reveals How It Plans to Tax Cryptocurrency Transactions. UK Promoting Regulator Points 'Purple Alert' Steering on Crypto Advertisements. How is Nameless Preventing Russia preventing Russia from becoming a crypto state?See the Story

How professional Ethereum traders place bullish ETH price bets while limiting losses By Cointelegraph

100% Center coverage: 1 sources
Ether (ETH) could reach $1800 by the end of the year, according to some estimates. The price of ETH is expected to rise to as high as $1800 in the coming months. ETH is used to make and sell tokens on the Bitcoin network. ETH can also be used to pay for goods and services on the network.See the Story

Report: Axie Infinity accounts for two-thirds of all NFT transactions in blockchain games

Axie Infinity accounts for almost two-thirds of all NFTs transacted in the entire blockchain gaming industry in 2021. NBA Top Shot and community gaming platform Loot came in second and third place. Axie Infinity accounted for 19% of the estimated $17 billion in total NFT transactions last year.See the Story

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