The Federal Reserve of the United States has announced that it plans to launch its immediate payments service, known as FedNow, by the summer of the following year. FedNow Is Scheduled to Begin Operations in the Following Year The United States Federal Reserve is getting set to introduce FedNow, a brand-new payment facilitation technology that…
A recent comment made by the CEO of FTX indicates that the major cryptocurrency exchange does not have any plans to buy Huobi. According to FTX’s Statement, the Company Will Not Acquire Huobi FTX has stated that it does not have any plans to buy Huobi. On August 29, FTX CEO Sam Bankman-Fried addressed the…
Facebook users can now connect their cryptocurrency wallets to the site and share their NFTs, according to a new statement that was released by Meta. Facebook’s version of NFTs The ambitions that Meta has for the NFT are moving forward. The world’s largest social networking site said today that users will soon be able to…
Over the course of the past few years, cryptocurrencies have experienced significant growth in terms of both their acceptance and value. As a direct consequence of this, individuals are beginning to concentrate more on cryptocurrency. It can’t be denied that virtual currencies have a bright future ahead of them with a lot of opportunity. In…
The municipal government of Beijing announced on the 23rd of August that it would begin a two-year program for development and innovation in the Metaverse space from 2022 to 2024. The entire city would be required to adhere to the exclusive innovation plan targeting the world of Web3, and the program was scheduled to begin…
Even a loss of 0.3% in the value of Tether’s reserve assets may “render Tether technically insolvent,” according to an article published in the Wall Street Journal (WSJ). Tether’s balance sheet is in poor health, and even a little dip might force the company to become insolvent. In an article published on August 27, 2018,…
The Metaverse Development Action Plan for China was presented to the public for the first time on August 23 by a local government agency in Beijing, which is the urban sub-center of the capital city. The years 2022 and 2024 would be covered by this strategy for a period of two years. The China Metaverse…
The recent decision by the United States Treasury to prohibit the use of the infamous virtual currency mixer Tornado Cash has sparked a heated debate within the cryptocurrency community. The majority of cryptocurrency users, particularly software developers, have voiced their disapproval of the decision. At the beginning of this month, the United States Department of…
Customers who purchased Samsung‘s new foldable smartphones, the Galaxy Z Fold 4 and the Galaxy Z Flip 4, were eligible to receive one free year of the company’s extended warranty service, Care+. This promotion was similar to the one that was offered with the previous generation of foldable smartphones. The process of redeeming that offer,…
During the session on Thursday, the value of Shiba inu rose more than ten percent, and the token reached a new high point in the last week. After staying relatively stable for a week, the meme coin managed to make a strong rebound off of an important support level, bringing it closer to the level…