Author: CryptoHoppers

During a Sep. 27 hearing, policymakers hammered Gary Gensler over the Security and Exchange Commission’s (SEC) non-compliance with requests for documents including records related to bankrupt crypto exchange FTX and its founder Sam Bankman-Fried. Rep. Patrick McHenry voiced skepticism regarding Gensler’s commitment to remedying bipartisan legislative concerns and protecting investors, noting that Congress’s patience was “wearing thin”. ???? @SECGov Chair @GaryGensler continues his blatant disregard for Congress in pursuit of a radical agenda that threatens the integrity of our financial markets, protection of investors, & our economic competitiveness. Our patience is wearing thin.???? #WATCH my opening remarks ⬇️ pic.twitter.com/MTJIdNaBGD— Patrick…

NFT investors primarily aim to generate a reasonable profit. Traditionally, they employ two strategies: minting NFTs and buying low to hold.Minting NFTs involves creating them during their initial release, with the expectation that the value of these newly minted NFTs will increase over time, allowing investors to sell them later at a higher price. On the other hand, the ‘buy low and hold’ strategy entails purchasing NFTs at relatively low prices and holding onto them, anticipating that their value will appreciate over time, potentially resulting in a profitable sale. Both of these methods carry risks. If NFT collections fail to increase…

Gemini began its venture into the Indian market earlier this year after it announced the opening of its second-largest office in Gurgaon. One of the globally top-rated centralized cryptocurrency exchanges, Gemini Trust Company LLC, has announced plans to inject up to INR 200 crore, or about $24 million, into the economy of India in the next two years. According to the announcement, Gemini plans to grow its development center in Gurgaon into its second-largest office after the United States headquarters. In April this year, Gemini announced the opening of the Gurgaon Technology Development Center in India to enhance its global…

Crypto Live NewsAuthor: Mustafa MullaMustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 27, 2023 10:09 Shanghai has set a target to achieve innovative breakthroughs in several technical fields related to blockchain by 2025. This includes areas such as blockchain processors, smart contracts, cross-chains, new storage, privacy computing, and supervision. The goal is to develop a new generation of open permission chain technology systems and standards that will help accelerate the adoption of blockchain technology in various industries. Shanghai’s ambitious plans demonstrate…

The concept of the Metaverse has become a hot topic in the technology world, especially since Facebook rebranded as Meta in 2021. Many technology enthusiasts see the Metaverse as the next big step in the evolution of the internet. In recent years, it has gained massive momentum, thanks to the rapid growth of key technologies that power it. These technologies include Virtual Reality, Augmented Reality, Blockchain, Extended Reality and Artificial Intelligence. This combination of tech allows for exciting possibilities like realistic virtual interactions, digital economics, and dynamic virtual experiences. In short, the Metaverse is not just a trend; it is…

In an unprecedented fusion of mythic storylines and pioneering innovation, VeeFriends and Mattel’s legendary Masters of the Universe franchise are teaming up. They’re offering collectors and fans the Masters of the Universe Origins™ Skeletor® & VeeFriends™ Skilled Skeleton™ 2-Pack, a collaboration that’s nothing short of revolutionary. Let’s delve into the details of this momentous venture. The Rich Legacy of Masters of the Universe For over four decades, Masters of the Universe has captivated imaginations across the globe. The franchise revolves around the epic battle between He-Man, the mightiest warrior in the universe, and his arch-nemesis, Skeletor. All set in the…

Journalist Posted: September 26, 2023 MicroStrategy recently invested $147.3 million into Bitcoin, increasing its holdings to $4.7 billion. However, Bitcoin needed to pass $30k to ensure profits. Recently, MicroStrategy was in the spotlight for its unwavering commitment to accumulating Bitcoin. Notably, the American firm made headlines for investing an additional $147.3 million to expand its Bitcoin [BTC] holdings. Is your portfolio green? Check out the BTC Profit Calculator This latest purchase added a substantial 5,445 BTC to MicroStrategy’s existing cryptocurrency reserves. Still a long way to go MicroStrategy’s total investment in Bitcoin stood at an impressive $4.7 billion at the…

We are indeed advancing towards a Metaverse era, where the virtual world completely mimics the real one. In the near future, almost everything from the real world will have its counterpart in the virtual realm. In a sense, what this opens up is exciting business possibilities. Let’s consider the case of real estate. Just as real estate is highly profitable in the physical world, the Metaverse offers similar potential. Already, Metaverse real estate is gaining popularity as a lucrative opportunity. Decentraland and The Sandbox are popular topics in every Metaverse forum. Buying a virtual real estate is not as complex…

A prominent crypto venture capitalist is naming the blockchain projects that he believes are the core networks in the digital asset space. Chris Burniske, the founder of Placeholder Capital, tells his 263,400 followers on the social media platform X that he believes five crypto projects have distinguished themselves. Burniske lists the networks and includes each project’s defining characteristic in a single word. “Bitcoin: conservatism. Ethereum: optimism. Solana: speed. Cosmos: sovereignty. Celestia: availability.” According to Burniske, the project’s unique value proposition attracts both users and developers and gets them to stick around for the long haul. “For core networks, often I…

contributor Posted: September 25, 2023 The network has been critiqued for relying on a centralized database, which poses a single point of failure. Mixin Network’s founder announced plans to address the issue in a live stream session. Mixin Network, a protocol aimed at tackling blockchain scalability challenges, recently confirmed that it suffered a substantial hack. The incident came to light following a report by SlowMist, a blockchain security consultancy. ????SlowMist Security Alert???? On September 23, the Mixin Network cloud service provider database was attacked, the amount of funds involved was ~ $200M. SlowMist is assisting in the investigation. Please wait…