Crypto Market Overview: BTC, ETH, Top Metaverse Coins

The “metaverse” term is often attributed to Neal Stephenson’s 1992 novel Snow Crash, which depicted lifelike avatars meeting in realistic three-dimensional buildings and other virtual reality environments. The metaverse, however, is far from a science fiction phenomenon. If you’ve ever played a role-playing or life simulation game, you’ve likely been part of the metaverse.   In essence, the metaverse is a virtual world where you can live multiple lives, choose who you want to be, make friends from around the world, and do whatever you like. Virtually anything you can…

Bitcoin, Ethereum, Crypto News and Price Data

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Celsius CFO Shalem’s arrest confirmed in Israel, adding to customer concerns

News reports have emerged that solidify arrest rumors surrounding Celsius Network CFO Yarom Shalem in Tel Aviv, allegedly in relation to investor fraud worth tens of millions of U.S. dollars. The arrest list reportedly included Israeli entrepreneur Moshe Hogeg, who has been sued multiple times for misappropriation of funds in previous ICOs. Chatter concerning Shalem’s arrest has buzzed on social media for the past couple of days, putting Celsius on edge at a crucial point in its history. The company in October raised US$400 million in a Series B funding…

Crypto Market Overview: Reasons Behind BTC Fall, Top Monthly Gainers

Bitcoin’s value has declined by around 14% since its recent peak, and other major cryptos have followed suit, rattling a bullish run. Bitcoin’s price hovered around $57,000 on Thursday, its lowest level since mid-October, after briefly falling below $56,000 a day earlier. So far this month, BTC’s value has dropped by 6%, leaving investors unsure of how deep the fall can go. My vantage point as the PR head of a big crypto exchange allows me to see the market from the inside and what is happening today is very…

Reports of Celsius Network CFO’s arrest could signal more trouble for Tether

Celsius Network, the “cryptocurrency bank” valued at US$3 billion, is again under scrutiny this week after rumors spread that its CFO Yaron Shalem had been arrested for fraud in Israel. The company has received funding and loans from Tether, issuer of the ubiquitous but troubled USDT “stablecoin.” Let’s try this again. Really easy question for Celsius Network CEO @Mashinsky: Was your CFO Yaron Shalem recently arrested in Israel over fraud allegations relating to the Moshe Hogeg case? cc @BrianSozzi, @dee_bosa, @ZekeFaux @matt_levine, @jimcramer — Nate Anderson (@ClarityToast) November 24, 2021…

WonderFi Listed on FTX to Provide 24/7, Global Access to Trading

Vancouver, British Columbia–(November 24, 2021) – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the “Company” or “WonderFi”) today announced the listing of tokenized shares of WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) on FTX, a leading global cryptocurrency exchange, founded by Sam Bankman-Fried. WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) is a strategic partner of FTX and we are extremely pleased to list WonderFi’s Technologies Inc. (NEO: WNDR)(OTC:WONDF) stock and provide the world with greater access to an emerging leader in the crypto and decentralized finance space”, commented FTX CEO, Sam Bankman-Fried. “In many countries, investors don’t have…

Altcoins Pull Back after Hitting Some ATHs: What to Expect Next?

With Bitcoin tremendously growing in value and reaching its new ATH of almost $69k last week, altcoins set some new records as well. The most prominent altcoin, Ethereum, climbed up to ​​$4,878 last Wednesday. Solana hit its new ATH on 7 November, going up to $260. Polkadot has also surged significantly during the last couple of weeks and set its new ATH at $55. Shiba Inu hit its highest mark at $0.000086 on 28 October, a little bit before other coins surged. Many other altcoins have either reached or neared…

WonderFi Announces Appointment of Bill Koutsouras as Chairman of The Board of Directors

Vancouver, British Columbia – November 15, 2021 – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the “Company” or “WonderFi”) today announced the appointment of Bill Koutsouras as Chairman of its Board of Directors, effective November 15, 2021. “Bill has served as the Lead Independent Director of Galaxy Digital since its public listing in 2018, and as Chairman of the Board of Wheaton Precious Metals International where he has been a member of the board for over 15 years,” commented Ben Samaroo, CEO of WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF). “He brings immense value through…

WonderFi Announces Strategic Investments in Solana Ecosystem and FTX

Vancouver, British Columbia – November 8, 2021- WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) (the “Company” or “WonderFi”) today announced its investment in the Solana ecosystem through the Incentive Ecosystem Foundation, which includes Solana and Serum as the two largest weighted assets. Solana is a high performance programmable blockchain capable of executing up to 50,000 transactions per second, and is directly competing with Ethereum for dominance in decentralized finance (“DeFi”), gaming, payments, and more. WonderFi’s investment and participation in the rapidly growing Solana ecosystem aligns with the Company’s focus on bringing access…