Bitcoin falls below $36,800 as Russia-Ukraine tensions weigh
On Feb.22, Bitcoin (BTC) corrected to $36,800, the lowest recorded since February 3.
The dramatic pullback in Bitcoin and other cryptocurrencies comes as a flurry of negative headlines and catalysts, from the dread that the Fed is about to raise interest rates to curb the inflationary momentum in the United States to rising tensions between Russia and Ukraine.
Manchester City is building world’s first football stadium in the metaverse
Manchester City, the current English Premier League champions, has started the construction of the world’s first football stadium in the metaverse, with the assistance of virtual reality (VR) specialists from Sony.
The club’s stadium, the Etihad, will be transformed into the central hub of Man City in a VR world thanks to image analysis and skeletal-tracking technology developed by Hawk-Eye, a subsidiary of the tech and entertainment behemoth.
Top 10 Daily Losers – GameFi Section
GALA, the utility token operating in the Gala Games ecosystem, is currently suffering the biggest drop, losing 16.91% of its value. Based on the weekly price, this asset has dropped by 23.89%.
Following closely behind are VRA (down 16.05%), SLP (down 15.02%), TLM (down 15.03%), AXS (down 13.68%)…
Crypto exchange FTX plots launch of gaming unit
FTX Gaming will launch a platform to assist gaming companies with launching their own tokens and supporting NFTs, Bloomberg first reported.
Job adverts for FTX Gaming posted this month reveal the new division is onboarding software engineers to form part of a remote team that will help companies with blockchain integration.
$5.1 million in ADA acquired by largest BNB wallet
According to data published by WhaleStatsBSC, a blockchain service that tracks data related to BSC-based tokens and whales who hold them, a BNB whale ranked number one by this on-chain crypto data service made an acquisition of 5,367,075 ADA tokens. This amount of Cardano’s crypto is worth $5,106,208.
Ethereum whale buys 47 billion SHIBA INU
An anonymous Ethereum whale that currently holds $116 Million worth of SHIB has purchased an additional 47 billion SHIB tokens and become one of the largest holders among the token’s investors, WhaleStats reports.
SHIBA INU is currently trading at $0.00002665, with a 2.94% price increase in the last 24 hours.
Number of BTC holder hits ATH
According to Glassnode, the number of addresses holding more than 0.01 BTC just reached an ATH of 9,483,004. Previous ATH of 9,482,641 was observed on 28 January 2022.
Zelcore partners with FIO Protocol to create a better user experience
FIO Protocol announced its new partnership with Zelcore, a full-featured Web3 platform with a non-custodial wallet built for interoperability and security.
Zelcore joins forces with FIO to integrate the following FIO Protocol features into its platform – FIO Crypto Handles registration, FIO Send, FIO Receive, and support for the FIO Token. The integration will increase blockchain usability and build a better Web3 via solutions that offer an easier user experience for cryptocurrency transactions.
Ethereum system SKAKE Network launches $100 million ecosystem fund
SKALE Network, an open-source protocol that aims to increase the scalability of Ethereum, announced that it has created a $100 million ecosystem program to give developers incentives to build on its platform.
SKALE Network’s first $5 million in grants will be awarded to projects focused on the rapidly-growing blockchain gaming sector, including play-to-earn (P2E) games and the metaverse.
143.1 million SHIBA INU burned in past 3 days
As reported by Shibburn, in the past 3 days, various members of the SHIBA INU community have burned over 143.1 million of these canine coins.
So far, according to the data published on the website, 410,303,115,608,069 SHIB has been destroyed from the initial supply of one quadrillion tokens. 41,017,938,837,733 SHIB are staked at the moment.