Author: Trishla Tyagi

UBS, Switzerland’s largest bank, has proposed various investment alternatives for clients looking to obtain exposure to crypto-assets while avoiding the risk of directly investing in bitcoin, ether, or other cryptocurrencies. The UBS analysts explained, “There are several main ways investors can access this potential while avoiding the high volatility and regulatory risks of holding bitcoin or rival cryptos.” About Union Bank of Switzerland Union Bank of Switzerland (UBS) was a financial services and investment bank based in Switzerland. The bank, which was the second-largest in Switzerland at the time, combined with Swiss Bank Corporation in 1998 to establish UBS, the…

Aave, a decentralized finance (defi) lending platform, has announced the debut of the Lens Protocol, a Web3-based social media platform. Lens is a “Web3, smart contracts-based social graph” created on the Polygon blockchain, according to the creators. The Lens Protocol, a Web3 social media platform that employs the proof-of-stake (PoS) network Polygon ( now called Matic Network), was announced by the defi lending initiative Aave. According to Aave, the platform will support the Inter-Planetary File System (IPFS) as well as a variety of media formats. Users of the Lens Protocol will be able to collect publications and re-share them using…

The Polygon Mainnet has now successfully completed Division Network’s second LAND sale. In fact, all 4650 LAND NFTs provided in the initial sale were sold out in a matter of minutes, ensuring a successful sell-out on both Division Marketplace and OpenSea. Division Network is a virtual reality content ecosystem built on the blockchain that also supports the VR NFT marketplace. As the world gets increasingly digitized. Division Network presents a new virtual reality environment in which humans can live a rich existence. The first LAND sale took place not long ago, and it was a huge success, becoming the largest…

The country of Russia has actually followed the footsteps of the most populous country in the world, China. How you may ask? Well, like China, the country of Russia has also imposed several acute bans on cryptocurrency. It is still a shock of different countries of the world as well as the cryptocurrency community that there are still some countries that aren’t in complete support of crypto mining and development. This might be due to the volatility of the crypto world that causes these countries as well as their governments to mistrust the entire thing. Well, in recent news, Russia…

The Yat is an emoji that costs $425000.According to the designers, your Yat will not only be a global digital identify in Web3, but it will also be a URL, wallet address, and an NFT minted on the Ethereum blockchain. Yat, a Nashville-based tech firm, feels that, and with 160,000 units sold for a total of $20 million, it appears that many regular people believe. “Yat allows you to utilize emoticons as your internet username and identity,” the startup posted on its Discord server. https://twitter.com/AshleyDCan/status/1490900319936856066 A Yat is a string of one to five emojis that may be used as…

A crypto hack resulted in the seizure of $ 3.6 billion worth of Bitcoin by the Justice Department. The value of the Bitcoin stolen in the 2016 hack of Bitfinex, a virtual currency exchange, was estimated to be at $4.5 billion. The US Department of Justice announced that it has returned about 94,000 bitcoins worth $3.6 billion linked to the attack, which saw 120,000 Bitcoins worth $70 million taken from client accounts. It’s the largest financial asset confiscation the department has ever made. According to the Justice Department, two suspects were apprehended without incident in Manhattan for allegedly attempting to…

The asset today fell well below $60,000 for the first time in ten days, retracing following the recent bullish run that saw it break yet another BTC all-time high. On the 14th of October, BTC surged to $59,400 in response to the enthusiasm around the approval of the first American Bitcoin futures ETF. Bitcoin gained 4% in an hour after news of the SEC approving the ProShares Bitcoin ETF to begin trading reached the market. Taking the positive trend even further, the SEC later that month approved the Valkyrie Bitcoin Strategy ETF, propelling BTC to a new all-time high of…