In an unexpected turn of events, CyberKongz, a project at the forefront of the gaming-oriented NFT (non-fungible token) movement, received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on December 16. This notice has sent ripples through the Web3 gaming community as it raises significant questions about the use of ERC-20 tokens
Events
The world of cryptocurrency has again delivered a whirlwind of market turbulence, leaving participants grappling with drastic price swings and wavering sentiments. Recent events highlighted the unpredictable nature of digital assets, a phenomenon investors are all too familiar with. Changes in Bitcoin’s price between last Saturday and this past Tuesday showcased the dramatic fluctuations inherent
The cryptocurrency market is often characterized by its unpredictable swings and volatility. Recent events in the market provide a sobering reminder of this reality, as the past week has seen substantial fluctuations in market capitalization and price fluctuations for major cryptocurrencies. The last week exemplified the inherent instability of the cryptocurrency sector, with total market
The cryptocurrency market remains as volatile as ever, with market shifts that echo through the digital finance landscape. Recent developments have seen Bitcoin (BTC) endure a dramatic drop, marked by a stark reaction to the Federal Reserve’s appraisal of inflation. This article delves into the implications of these trends, particularly within the realms of Bitcoin,
In recent days, Bitcoin has faced severe turbulence in its price, experiencing a staggering correction that saw its value plummet by approximately $13,000. This downturn can be primarily attributed to comments made by Federal Reserve Chair Jerome Powell during the recent Federal Open Market Committee (FOMC) meeting. Powell’s remarks seemingly triggered panic among U.S. investors,
In the volatile world of cryptocurrency, unexpected corrections frequently stimulate discussions among investors and analysts alike. Over the past 36 hours, the entire crypto market has faced significant downturns. Notably, Dogecoin (DOGE), the popular meme coin, has emerged as one of the most severely affected assets, experiencing a staggering decline of over 25%. This correction
The cryptocurrency market is notorious for its volatility, but recent events have showcased just how susceptible it is to external economic factors. In particular, the stance of the US Federal Reserve regarding interest rates significantly influenced market movements, leading to drastic declines in asset prices, particularly in cryptocurrencies. Prior to the abrupt market downturn, Bitcoin
Samuel Edyme, famously known by his handle HIM-buktu, has emerged as a compelling figure in the world of Web3 content creation and cryptocurrency journalism. Unlike many who enter the crypto space with dreams of riches, Edyme’s journey was marked by an early misstep—a Ponzi scheme that catfished him with the promise of quick gains. Instead
Bitcoin (BTC) has made headlines recently as it soared past the marker of $108,000 on December 17. This surge has sparked speculation regarding its future trajectory, with some analysts hinting at a potential rise to $220,000 by March 2025. The cryptocurrency, which has already seen an impressive increase of around 150% in 2024, seems poised
Web3 gaming is rapidly evolving, introducing exciting new opportunities for players to engage with digital assets. Among these opportunities are free Non-Fungible Token (NFT) drops, which are transforming how gamers and crypto enthusiasts build their digital portfolios. This article delves into what free NFT drops are, how they operate within the blockchain gaming environment, and