News

Interesting billionaires statistics as the US dominates 2023 world’s billionaire list
May 31, 2023 03:25 AM AEST| By InvezzThe impact of wounded unicorns, rising interest rates and falling stocks in 2023 have cascaded down to the world’s richest people as further elaborated in this billionaires statistics article. The combined worth of the world billionaires has also seen a $500 billion drop from $12.7 trillion to $12.2 trillion in March this year. Generally speaking, […] The post Interesting billionaires statistics as the US dominates 2023 world’s billionaire list appeared first on Invezz.

Metacade price forecast as Chinese city unveils state-backed Metaverse platform
May 25, 2023 05:52 PM AEST| By InvezzThe price of MCADE, the Metacade native token, has been struggling below its final presale price for the better part of May as the project gears up for the game development phase following the earlier partnership with MetaStudio. At press time, MCADE was trading at $0.02127, up 1.11% in the past 24 hours. However, although […] The post Metacade price forecast as Chinese city unveils state-backed Metaverse platform appeared first on Invezz.

Interview: Hack protection and launching on Polygon – De.Fi
May 24, 2023 12:27 AM AEST| By InvezzIt’s no secret that DeFi has struggled since the heyday of 2020. Like a lot of things in crypto, liquidity has fled and prices have collapsed. DeFi has been hit especially hard as the attractive yields that were once available have disappeared – at the same time that rates in traditional finance have rocketed. We […] The post Interview: Hack protection and launching on Polygon – De.Fi appeared first on Invezz.

TangleSwap DEX wins IOTA’s 1.8 million Shimmer (SMR) airdrop campaign
May 23, 2023 02:04 AM AEST| By InvezzThe Treasures of Shimmer testnet campaign is a wrap and we can exclusively reveal that the 1.8 million Shimmer (SMR) airdrop has a winner. TangleSwap, a decentralized exchange (DEX) built on IOTA, has won top spot ahead of 16 other projects, according to details shared with Invezz on Monday. Joining TangleSwap DEX among top three […] The post TangleSwap DEX wins IOTA’s 1.8 million Shimmer (SMR) airdrop campaign appeared first on Invezz.

OVR price soars 40% amid Apple AR/VR headset hype
May 23, 2023 12:27 AM AEST| By InvezzThe price of Ovr rose to $0.61 on Monday, jumping by more than 40% in the past 24 hours as it hit its highest level since November 2022. The metaverse token’s price has increased by more than 110% this past week and is seeing rising network activity with over $3.5 million worth of OVR traded […] The post OVR price soars 40% amid Apple AR/VR headset hype appeared first on Invezz.

Biden says he won’t agree to debt deal that protects crypto traders
May 22, 2023 12:28 AM AEST| By InvezzUS President Joe Biden has called on the Republican lawmakers to drop the extreme position they currently hold in order to help the country reach a deal in the ongoing debt ceiling talks. He also had something to say about cryptocurrency. The latest in economic news comes as the US Treasury Department warned the US […] The post Biden says he won’t agree to debt deal that protects crypto traders appeared first on Invezz.

Breaking: Binance Australia halts AUD deposits and withdrawals, effective immediately
May 18, 2023 04:53 PM AEST| By InvezzThe renowned crypto exchange Binance Australia has updated its Australian users (via social media and email) that it has halted AUD deposits using PayID – effective immediately. That comes as the platform’s 3rd-party payment provider decided to stop supporting the exchange. The developments will likely impact AUD withdrawals using bank transfers, though no one knows […] The post Breaking: Binance Australia halts AUD deposits and withdrawals, effective immediately appeared first on Invezz.

Should you “sell in May and go away?” Here’s what crypto experts say
May 18, 2023 03:54 AM AEST| By InvezzWith Bitcoin’s price struggling for momentum and the cryptocurrency industry still navigating the impact of a brutal bear market, many investors and traders are wondering whether they should “Sell in May and Go Away.” For a quick take, “sell in May” is a strategy that is based on the idea that the stock market has […] The post Should you “sell in May and go away?” Here’s what crypto experts say appeared first on Invezz.

Interview: A DeFi startup amid crypto winter
May 18, 2023 02:22 AM AEST| By InvezzWithin the cryptocurrency industry, the summer of 2020 was nicknamed “DeFi Summer”. Such was the explosive growth of this new sector which promised to revolutionise the way financial transactions occur. Three years on, the enthusiasm has dulled somewhat, to say the least. Capital has flowed out of the space at a scarcely believable pace. At […] The post Interview: A DeFi startup amid crypto winter appeared first on Invezz.

EU Council formally endorses Markets in Crypto Assets regulation (MiCA)
May 17, 2023 05:19 AM AEST| By Invezz27 member states have today wholly supported the Markets in Crypto Assets regulation or MiCA during today’s voting. This marks the last step for the MiCA regulation after the EU parliament endorsed the regulation in April. The MiCA regulation will now be formally become a publication in the EU Official Journal before entering into force […] The post EU Council formally endorses Markets in Crypto Assets regulation (MiCA) appeared first on Invezz.

Storing money in banks is a mistake, Michael Saylor says
May 10, 2023 11:17 PM AEST| By InvezzMichael Saylor, the co-founder and executive chairman of MicroStrategy, has shared his thoughts on the banking sector turmoil. In an interview with Valuetainment, Saylor said it’s a mistake to store money in banks today, noting that the banks “are stealing” from their clients. Saylor, whose MicroStrategy is the largest holder of Bitcoin among publicly traded […] The post Storing money in banks is a mistake, Michael Saylor says appeared first on Invezz.

Metacade (MCADE) pulls back 40%: is it time to buy?
May 08, 2023 11:21 PM AEST| By InvezzThe price of MCADE, Metacade’s native cryptocurrency, has dipped over the past few days after hitting an all-time high of $0.04569. At press time, MCADE had dropped 39.49% from its all-time high and seemed still on a strong bear market seeing that it has dropped by 14.12% over the last 24 hours. Is it time […] The post Metacade (MCADE) pulls back 40%: is it time to buy? appeared first on Invezz.

Metacade goes live on MEXC on Thursday: what you need to know
May 05, 2023 02:43 AM AEST| By InvezzMetacade – the innovative GameFi project listed its native token on the MEXC Exchange on Thursday. At writing, $MCADE is trading at $0.038 on that platform versus $0.02 at which it ended the presale. Why is listing on MEXC significant for Metacade? The listing is significant for the Web3 community hub as MEXC is the […] The post Metacade goes live on MEXC on Thursday: what you need to know appeared first on Invezz.

Flare integrates its API Portal on Google Cloud Marketplace
May 04, 2023 01:37 AM AEST| By InvezzFlare has successfully integrated its API Portal on Google Cloud Marketplace, launching some of the first blockchain APIs to be available on Google Cloud Marketplace. Following the API Portal integration, developers will be able to access blockchain data from Flare’s nodes and connected Chain nodes using Google Cloud Marketplace. They can then use this data […] The post Flare integrates its API Portal on Google Cloud Marketplace appeared first on Invezz.

Metacade popularity on the rise ahead of MEXC Global listing
April 25, 2023 08:46 PM AEST| By InvezzThe price of MCADE has surged above $0.022 which was the price at the end of the presale. At press time, MCADE was trading at $0.024. The previous listing on Uniswap resulted in insignificant price changes making investors doubt whether the exchange listing will have any significant impact on the price of MCADE. However, the […] The post Metacade popularity on the rise ahead of MEXC Global listing appeared first on Invezz.

Crypto portfolio manager CoinStats announces major updates to investment app
April 20, 2023 03:29 AM AEST| By InvezzCoinStats, a leading cryptocurrency portfolio manager and DeFi wallet app, has announced some major updates as it looks to streamline users’ portfolio tracking and asset management. The portfolio tracker, which recently integrated with Invezz – a leading online investing and market news provider, revealed the app updates on Wednesday, noting that the new features will […] The post Crypto portfolio manager CoinStats announces major updates to investment app appeared first on Invezz.

Ethereum (ETH) breaks $2,000 as Stellar (XLM) and DigiToads (TOADS) eye $1
April 14, 2023 01:49 AM AEST| By InvezzEthereum price just broke above $2,000, hitting the key level after the Shanghai upgrade that went live on Wednesday, 12 April. While the top smart contracts blockchain network makes the highly anticipated move, two other coins to watch in the market are Stellar (XLM) and DigiToads (TOADS). Both XLM and TOADS are racing to reach […] The post Ethereum (ETH) breaks $2,000 as Stellar (XLM) and DigiToads (TOADS) eye $1 appeared first on Invezz.

DigiToads (TOADS) winning over Decentraland (MANA) and Sandbox (SAND) holders as presale surpasses $1 million mark
April 13, 2023 12:51 AM AEST| By InvezzThe cryptocurrency world is constantly evolving and bringing new opportunities for investors to capitalize on. The latest token that is making waves in the DeFi crypto market is DigiToads (TOADS). With a unique approach to decentralized gaming, it has already attracted the attention of many investors, with its presale recently surpassing the $1 million raised […] The post DigiToads (TOADS) winning over Decentraland (MANA) and Sandbox (SAND) holders as presale surpasses $1 million mark appeared first on Invezz.

AllianceBlock partners with ABO Digital to boost crypto financing
March 17, 2023 01:12 AM AEDT| By InvezzAllianceBlock, the company that seeks to bridge TradFi and DeFi through next generation decentralized infrastructure, has partnered with ABO Digital, the digital asset investment arm of ABO group. The strategic partnership will allow AllianceBlock to offer tokenized financial products to institutions and crypto projects. The financial instruments will be powered by the Nexera Protocol and […] The post AllianceBlock partners with ABO Digital to boost crypto financing appeared first on Invezz.

What are some of the opportunities and challenges associated with DeFi?
March 13, 2023 09:00 PM AEDT| By Manu ShankarHighlights • DeFi enables distributed access to financial services without any central intermediaries. • One of the core premises of DeFi is that unlike CeFi or centralized finance, there is no centralized authority to dictate or control operations.
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