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OWN Price   

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OWN

OWNDATA  

#OWN

OWN Price:
$0.0000151
Volume:
$1
All Time High:
$0.00132
Market Cap:
$165.6 K


Circulating Supply:
10,999,999,999
Exchanges:
1+
Total Supply:
10,999,999,999
Markets:
1+
Max Supply:
110,000,000,000
Pairs:
2



  OWN PRICE


The last known price of #OWN is $0.0000151 USD.

Please note that the price of #OWN was last updated over 90 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #OWN statistics should be considered as 'last known value'.

The lowest OWN price for this period was $0, the highest was $0.0000151, and the exact last price of OWN was $0.00001505.

The all-time high OWN coin price was $0.00132.

Use our custom price calculator to see the hypothetical price of OWN with market cap of BTC and how the supply of OWN affects the price at different market capitalizations.


  OWN OVERVIEW


The code for OWNDATA crypto currency is #OWN.

OWNDATA is 5.7 years old.


  OWN MARKET CAP


The current market capitalization for OWNDATA is $165,571.

OWNDATA is ranking downwards to #1803 out of all coins, by market cap (and other factors).


  OWN VOLUME


The trading volume is unknown during the past 24 hours for #OWN.

Today's 24-hour trading volume across all exchanges for OWNDATA is $1.00.


  OWN SUPPLY


The circulating supply of OWN is 10,999,999,999 coins, which is 10% of the maximum coin supply.

Relatively, OWNDATA has a large supply of coins, 500 times larger than Bitcoin's supply, for example.


  OWN BLOCKCHAIN


OWN is a token on the Ethereum blockchain.


  OWN EXCHANGES


OWN has limited pairings with other cryptocurrencies, but has at least 2 pairings and is listed on at least 1 crypto exchange.

View #OWN trading pairs and crypto exchanges that currently support #OWN purchase.


  OWN RELATED


Note that there are multiple coins that share the code #OWN, and you can view them on our OWN disambiguation page.


  OWN RESOURCES


Websiteowndata.network
Twitterowndata_coin
Telegramjoinchat/Hr2kt06aQWrteu_rnRu-Kg
Instagraminstagram.com/owndata_coin


  OWN NEWS


Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Sp...

    Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF.Cathie Wood's Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood, has made several trades based around bitcoin exchange-traded products. The firm has sold its holdings in the Proshares Bitcoin Strategy ETF (BITO), a bitcoin futures ETF, and redirected these funds to bolster its holdings in its own Ark 21shares Spot Bitcoin ETF (ARKB). it begins Ark sold $BITO to buy its own spot Bitcoin ETF $ARKB in its Next Generation Internet ETF today pic.twitter.com/5WYEj564C0 — Katie Greifeld (@kgreifeld) January 17, 2024 The reshuffling involved Cathie Wood's ARK Next Generation Internet ETF (ARKW) reducing its stake in BITO in order to increase its investment in the Ark 21shares Spot Bitcoin ETF. This move resulted in the purchase of $15.9 million worth of shares in ARKB. Following this transaction, ARKB shares closed at $43.51 on Tuesday, marking a 0.80% decrease. Prior to the approval of spot bitcoin ETFs in the U.S., ARKW had made futures-based cryptocurrency investments. ARKW had initially acquired 20,000 shares of the ARK 21shares Active Bitcoin Futures Strategy ETF (ARKA) and 4.32 million shares of BITO. The BITO shares were paid for by completely liquidating its holdings in the Grayscale Bitcoin Trust (GBTC). This move was interpreted by Bloomberg Intelligence analyst Eric Balchunas as a “temp... read More



LayerZero Plans to Launch its Own Token With $3 Million Airdrop: Details

    LayerZero Labs has announced in a recent post on X that it plans to launch its own token in the first half of 2024. This announcement was made following months of community speculation and discussion about the potential creation of a LayerZero token. LayerZero Announces ZRO Token Launch With $3M Airdrop “We’ve heard the community discussion over the last few months and the lack of clear communication around this. We’ll state now in no uncertain terms that there will be a LayerZero token. Its distribution is something we’re committed to getting right and expect it to happen within the first half of 2024.” - the post said. As part of this initiative, LayerZero has also announced the allocation of $3 million worth of ZRO tokens to a distribution pool specifically for its community. 2/2 $ZRO Distribution Pre-registration is Live All users are invited to register their wallets for the $ZRO Snapshot ? Distribution amount based on wallet activity ? Registration is open until December 15th https://t.co/ymY1vKzXag — LayerZero Labs ? (@DirSemedQRJ) December 8, 2023 To be eligible to receive funds from this airdrop, users must have engaged in a minimum of ten transactions on the Ethereum mainnet between Q1 2023 and Q3 2023. The distribution amounts will be determined based on each participant's wallet activity level. Pre-registration for this token airdrop is open until December 15, 2023. Interested users can sign up using various methods, includin... read More



Bitcoin Has Been In A Class Of Its Own For The Last 10 Years, Top Expert...

    Bitcoin has encountered a critical resistance level going into the weekend and could move sideways following a massive rally. According to an expert, the cryptocurrency has been breaching every major obstacle, making it one of the best-performing assets. As of this writing, Bitcoin (BTC) trades at $43,600 with sideways movement in the last 24 hours. Over the previous seven days, BTC recorded a 14% increase, with Ethereum following its footsteps, recording a 13% rally. Bitcoin vs. Gold: The Digital Currency's Journey to $40,000 Jurrien Timmer, Director of Macro for Fidelity, offers insightful analysis of Bitcoin's trajectory, likening it to 'exponential gold.' His thesis suggests that Bitcoin, much like its elder counterpart, gold, holds value in times of structural inflation, yet it boasts an added venture twist. In that sense, Timmer believes both assets are prime to capture attention from investors looking to protect themselves from 'reckless monetary inflation.' As seen in the chart below, if Bitcoin follows a similar trajectory to the previous, its price could target $100,000 and $1,000,000 by early 2025. 2020 was pivotal for Bitcoin and gold, with fiscal and monetary stimulus bolstering their appeal. However, Bitcoin differentiates itself with its capped supply of 21 million coins, contrasting gold's continual but modest annual supply growth. This limited supply has propelled Bitcoin's 'stock-to-flow' (S2F) ratio significantly higher than gol... read More



Kraken Wants to Launch Its Own Layer-2 Network: Report

    United States-based cryptocurrency exchange Kraken is mulling launching its own layer-2 network, CoinDesk reported, citing people familiar with the matter. According to the report, the crypto exchange is considering using the technology of several blockchain firms, including Polygon Labs, Matter Labs, and Nil Foundation, as the base for the new network. Kraken Considers Launching Layer-2 Network The unnamed sources said discussions surrounding Kraken's intentions to launch a layer-2 network are still ongoing, and there may be other teams involved. 'We're always looking to identify and solve for new industry challenges and opportunities. We don't have anything further to share at this time,' a Kraken spokesperson said. While Kraken has refrained from confirming or denying the rumor about the layer-2 network launch, the exchange has recently added a job posting and is looking to hire a 'Senior Cryptography Engineer.' In describing the employee's role, Kraken revealed that it was passionate about layer-2 technologies and is exploring how to integrate more protocols into its system. 'We are enthusiastic about open source, Layer 2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions. Our collaborative work environment allows us to stay ahead in the ever-changing crypto landscape. The team has recently embarked on exploring how more protocols and decentralized applications can be integrated into... read More



Billionaire Stan Druckenmiller: I Don't Own Bitcoin but I Should

    Renowned billionaire hedge fund manager Stanley Druckenmiller says he doesn't own any bitcoin but he should. He sees the crypto as a brand. When comparing bitcoin to gold, he said: 'It's clear that the young people look at it as a store of value because it's a lot easier to do stuff with.'Stan Druckenmiller Says He Should Own Bitcoin Billionaire investor Stanley Druckenmiller discussed bitcoin investing with fellow hedge fund manager Paul Tudor Jones during a fireside chat at the JPMorgan/Robin Hood Investors Conference in New York City on Oct. 24. Druckenmiller is the chairman and CEO of Duquesne Family Office LLC. He was previously a managing director at Soros Fund Management where he had overall responsibility for funds with a peak asset value of $22 billion. According to Forbes' list of billionaires, his personal net worth is currently $6.4 billion. When asked about gold and bitcoin, Druckenmiller said: 'I'm 70 years old. I own gold.' Emphasizing that he likes both gold and bitcoin, Druckenmiller shared: I don't own any bitcoin to be frank, but I should. The billionaire added: 'I was surprised that bitcoin got going, but you know, it's clear that the young people look at it as a store of value because it's a lot easier to do stuff with. 17 years, to me, it's a brand. I like gold because it's a 5,000-year-old brand, but the young people have all the money, certainly the ones on the West Coast.' Bitcoin proponents just celebrated the 15th anniversary of Satoshi Nakamoto's B... read More



Why This 70-Year-Old Billionaire Wants To Own Bitcoin

    Billionaire investor Stanley Druckenmiller recently gave his two cents on Bitcoin, acknowledging the asset's growth and popularity over the past 17 years. While speaking at an interview with billionaire Paul Tudor Jones, Druckenmiller compared Bitcoin to gold, noting its evolution into a recognizable brand and investment vehicle.  Druckenmiller admits he doesn't actually own any BTC as of the moment, but he's been closely following it and thinks it could be an attractive investment. Druckenmiller Sees Bitcoin And Gold As Stores of Value Bitcoin has long been hailed by financial analysts as the ideal asset for hedging against inflation and storing value. Some have dubbed the cryptocurrency as the 21st century's digital gold because of its low correlation with stocks, and Druckenmiller doesn’t disagree. Stanley Druckenmiller is the founder and former chairman of Duquesne Capital, and as a 70-year-old billionaire investor, he has seen a lot of financial trends come and go over the decades. But recently, he's become fascinated with BTC.  In the interview with Paul Tudor Jones, Druckenmiller stated that BTC has been particularly popular as a reputable brand because of its appeal to younger investors. The billionaire made this note while comparing Bitcoin to gold, the age-long store of value. 'I'm 70 years old, I own gold. I was surprised that Bitcoin got going, but it's clear that the young people look at it as a store of value because it's a lot easier to do stuf... read More



Chatgpt Maker Openai Mulling Own AI Chips, Report Unveils

    Openai, the developer of Chatgpt, is considering ways to overcome the shortage of chips needed to power its artificial intelligence (AI) product. One of the options that’s being discussed in the company, according to a recent media report, is to build its own powerful processor.Openai Reportedly Exploring Making In-house AI Chips to Deal With GPU Deficit AI research lab Openai is mulling over the idea to make its own processors, or AI accelerators, amid persisting shortage of the expensive hardware that it needs. Demand for specialized chips has soared since last year’s launch of its AI-based chatbot. A number of options have been discussed to solve the issue, among which acquiring a chip company and working more closely with chipmakers, not just the market leader Nvidia but other suppliers as well, knowledgeable source have told Reuters. Openai CEO Sam Altman, who has previously expressed concerns over the scarcity of graphics processing units (GPUs) and the associated costs, has made the acquisition of more AI chips a top priority for the firm, the people familiar with the matter revealed. But even if Openai decides to go ahead with the plan to develop a chip, which it hasn’t done yet, it will most likely remain dependent for several years on other providers like Nvidia, which controls 80% of the supply of processors for AI applications. Openai’s generative artificial intelligence technology relies on a supercomputer which uses 10,000 of Nvidia&rsqu... read More



European Central Bank Blasts PayPal in Push for its Own CBDC

    On Sept. 4, Fabio Panetta, ECB Executive Board member at the Committee on Economic and Monetary Affairs of the European Parliament, said the central bank was nearing the end of its research and investigation phase. It will soon decide whether to move to the next phase of potentially developing and issuing a digital Euro. The ECB first published a report on a CBDC in October 2020, and three years later, they’re ready to move forward. Big Tech Warning The first key aspect is legal tender status, he said before adding that this would give people the right to have access to and pay with the digital Euro. Panetta pushed availability and accessibility across the Eurozone, saying that the CBDC should be as accessible as “electricity and water.” The second major part is a new payment solution based on the CBDC. It would have “enhanced privacy and data protection,” according to Panetta, who didn’t elaborate. Risks related to money laundering and terrorism financing would be minimized, he added. However, there was a warning about big tech and a shot across the bow for PayPal, which has recently launched its own dollar-pegged stablecoin. “We should not leave it to the private sector alone, including big techs, to provide such services,” he said. “Private providers of payment services, including PayPal, have no incentive to limit the take-up of their stablecoins or the range of services they provide. Quite the opposite: their objectiv... read More



How Did Gary Gensler Trap SEC in an APA Maze of Its Own Making? (CoinSha...

    As the US Securities and Exchange Commission (SEC) faces mounting political pressure to greenlight a bitcoin ETF following its recent court loss, there's an opposing viewpoint that insists on maintaining the current stance. However, CoinShares product head Townsend Landing believes the financial regulator is stuck in a maze of its own making. 'Hoist With His Own Petard' The Court, comprising three judges, each representing different political inclinations, reached a unanimous verdict, asserting that the SEC had indeed breached the Administrative Procedures Act (APA). Additionally, they mandated that the SEC revoke its dismissal of the Grayscale proposal and undertake a reevaluation of its decision. Two years later, Gensler has gone to considerable lengths to present his view as a straightforward and logical interpretation of the law. But in both cases - Ripple and Grayscale - the judges hold different opinions. This has strengthened the industry's argument that the legal framework requires revision instead of aggressive enforcement actions. In the latest blog post, CoinShares' Landing said that the 'SEC is a victim of its own attempts to seek a compromise with the crypto industry' to some extent. Moreover, the SEC chief, Gary Gensler, had expressed for futures-backed ETFs in various public speeches back in 2021, which were registered under the Investment Company Act of 1940 (essentially, proper funds) that could provide 'significant investor protection.' Numerous occasions re... read More



CZ Sheds Light on Binance's Plans About Launching its Own Stablecoin

    The Chief Executive Officer of Binance - Changpeng Zhao (CZ) - said one reason why his company recently introduced the stablecoin FDUSD is the terminated partnership with Paxos. While the two entities teamed up in 2019 to launch the USD-denominated BUSD, the New York state regulators told Paxos to stop minting new tokens earlier this year. CZ said that, as of the moment, Binance has no intention to list its own stablecoin but rather collaborate with other companies focusing on that product. 'Given That Everything is a Risk, Let's Diversify' Zhao shared some of Binance's plans regarding stablecoins during a Twitter space from this week. The crypto exchange recently added its support to FDUSD - a stablecoin issued by a Hong Kong custodian called First Digital Trust.  CZ said many other deals could follow this partnership since the marketplace has been cooperating with stablecoin projects from different regions. One of those should see the light of day in the near future, the CEO stated: 'We also have another partnership based on stablecoins that is coming up. I wouldn't quite announce it just yet, but there is another one coming up.' Changpeng Zhao, Source: The Guardian He explained that the increased efforts in that field come as a result of the suspended collaboration with Paxos. The New York Department of Financial Services ordered the latter earlier this year to stop issuing the Binance USD (BUSD) stablecoin.  Prior to that, the US SEC alleged Paxo... read More



House Financial Services Republicans Blast SEC's Proposed Rule, State Ge...

    Republicans of the House Financial Services Committee have criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, stating he is using Rule 3b-16 amendments to impose his views on cryptocurrency assets. In a letter sent to the SEC, republicans push back against the new proposed definition of 'exchange' and its implications. Financial Services Committee Republicans Push Back Against SEC's Proposed Ruleset Republicans of the House Financial Services Committee are pushing back against the proposed amendments to Rule 3b-16 presented by the U.S. Securities and Exchange Commission (SEC) that expands the definition of 'exchange.' The group, comprising Chair Patrick McHenry and 28 other representatives, sent a letter on June 13 criticizing the implications of the approval of the rule, and its effects on the cryptocurrency market and its operators. According to these representatives, passing this rule would imply that software protocols and even developers of decentralized financial products would have to register as exchanges with the SEC. This would be detrimental to adoption of the tech in the U.S. Republican representatives stated: The proposed rule will stifle innovation and harm digital asset market participants and the U.S. economy more broadly. We urge you to withdraw this proposal as it would effectively shut down development of the digital asset ecosystem and continue to stagnate U.S. technological innovation. Furthermore, the group of Republi... read More



An In-Depth Look at Binance's TRO Opposition, Filing Insists SEC Manufac...

    Binance fired back at the U.S. Securities and Exchange Commission's temporary restraining order (TRO) request on Monday, assuring the court that 'there is no risk' to customer assets. The exchange's legal team dismissed the notion of an 'emergency,' claiming that it is 'manufactured by the SEC for its own purposes.' 'Why Now?'-Binance Hits Back at SEC's TRO Bid, Questions Timing and Urgency Approximately a week ago, the U.S. Securities and Exchange Commission (SEC) made a move to secure a court's approval in order to freeze the assets of Binance US, the United States subsidiary of Binance. The SEC's aim behind filing for a temporary restraining order was to safeguard customer assets, as stated in their request. However, Binance responded on June 12 by opposing the TRO request and asserting that there is no urgent situation and that customer assets are secure. According to Binance's legal team, if the SEC had been aware of Binance's regulatory violations and its open provision of services to U.S. customers for an extended period, they question 'Why did the SEC let these platforms grow to their current size if it was always illegal?' Additionally, the lawyers highlight the fact that the SEC filed a lawsuit against Coinbase the very next day, prompting them to insist that the SEC provide a satisfactory response to the fundamental question of 'Why now?' The attorneys firmly argue that the request for a temporary restraining order is 'unwarranted and improper,' as they perceive it... read More



Lawyer Expects SEC to Lose if It Sues Coinbase Due to 'Fatal Flaw' of Ga...

    A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed.Lawyer Expects SEC to Lose Against Coinbase in Court Lawyer James Murphy explained in a series of tweets Wednesday why he believes the U.S. Securities and Exchange Commission (SEC) will lose if it takes Coinbase to court. Murphy started law firm Murphy & McGonigle in 2010 to represent clients in the securities and banking industries. The firm pivoted in 2017 toward representing emerging companies that leverage blockchain technology. Referencing a Wells Notice, a formal communication that typically precedes a lawsuit, that the securities regulator sent the Nasdaq-listed cryptocurrency exchange in March, the lawyer opined: If the SEC follows through on its threat to sue Coinbase, I believe the SEC will lose. The SEC's case has a fatal flaw. And the problem is entirely of Gary Gensler’s own making. Murphy explained that SEC Chairman Gensler himself said in his testimony to Congress on May 6, 2021, that the SEC does not have the authority to regulate cryptocurrency exchanges. Gensler's testimony followed his confirmation by the U.S. Senate on April 14, 2021, to serve as chair of the SEC. He was sworn into office on April 17, 2021. If the SEC files a lawsuit against Coinbase, the crypto exchange's legal... read More



Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripp...

    Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency.Monetary Authority of Montenegro to Cooperate With Ripple on ‘National Stablecoin’ Project The Central Bank of Montenegro (CBCG) has signed an agreement with blockchain solutions provider Ripple under which the two sides will collaborate to produce a strategy and pilot program to launch the country’s central bank digital currency (CBDC) The introduction of the “national stablecoin” will represent another step towards digitalizing financial services in the small Balkan country and providing greater financial accessibility for its citizens, Ripple emphasized in a press release. Over a hundred nations are currently exploring or already developing CBDCs with multiple use cases in mind, including widening financial inclusion and modernizing monetary policy, improving payment security and increasing the efficiency of cross-border settlements. The long list includes major economies such as China, which has advanced more than others with its digital yuan project. Trials are underway in over two dozen regions of the People’s Republic and more than 5.5 million merchants and other businesses are participating. Montenegro, neither a member of the European Union yet, nor of... read More



Paxful Co-Founder Will Repay Users With His Own Money: Doesn't Wanna Go ...

    If you have been in the crypto sphere for some time, there are two things you should already know: you should never want to invest more money than you can afford to lose, and you will never want to read the words 'Please bear with me; I don't wanna go to jail,' from the CEO of a major exchange - for example, Paxful. On April 6, Ray Youssef, CEO and co-founder of Paxful, a US-based P2P Bitcoin exchange, announced that he is working on a plan to reimburse users' funds using his own money in an effort to comply with the law and avoid getting into deeper legal issues following the sudden shutdown of his exchange. Youssef stated that he is at risk of going to jail for failing to comply with court orders concerning the return of Paxful's frozen funds, which led him to take such a drastic measure. The Paxful co-founder explained he is taking such a risk because, otherwise, funds might 'fall into oblivion,' and users might never be able to recover them. However, he asked the community for patience while carrying out this task. Updated on frozen funds: I am working now clear a plan with the court where *I* will make users whole out of my pocket. I am already in danger of being held in contempt of court. I always put user funds first. Please bear with me. Don’t wanna go to jail but still swinging ! — Ray Youssef (@raypaxful) April 6, 2023 Paxful and Youssef Were Sued by a Former Partner Youssef said in an interview that his troubles are largely due to a legal dispute wit... read More



Over 40% of Singaporeans Own Crypto: Survey

    43% of the 1,500 Singaporean respondents in a recent Independent Reserve survey said they own some amount of cryptocurrencies. In comparison, last year's research estimated the figure to be around 40%, while the adoption levels were 43% in 2021 (during the bull run). 77% of the HODLers said they have two or more digital assets, with diversifying portfolios being the main reason behind the investment. The New Trends Following the Market's Revival Apart from the surging crypto adoption, Singaporeans have shown increased knowledge, with 91% saying they are aware of the asset class. Bitcoin is the most popular, with 87% recognition, while Ethereum ranks second with 51%. 'The rising popularity of altcoins shows that more Singaporeans are beginning to gain more awareness about other cryptocurrencies apart from Bitcoin. This is a promising sign for the industry as more investors gain exposure to various types of blockchains and projects that have innovative utility and potential to be adopted more widely for real-world applications and use cases,' Lasanka Perera - CEO of Independent Reserve Singapore - said. Diversifying portfolios remains the primary reason behind entering the ecosystem (54%). The figure is even higher when speaking of investors with 5+ years of experience (68%) while getting rich (48%) is placed second. Half of the people who jumped on the bandwagon during the past 12 months said they were influenced by family members, friends, or social media. Youngsters are much... read More



Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin

    Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon's network, will be issued to its customers as an airdrop, and for cashback purposes. Nubank Launches Nucoin Cryptocurrency Warren Buffett-backed Nubank, one of the biggest digital neobanks in Latam, has announced the issuance of its own cryptocurrency called nucoin. The token, which is issued on top of the Polygon network, will be airdropped to end users of the institution, with 80% of the total issuance being directed to the customers. According to local reports, nucoin will be key to several activities in the future, including the establishment of a cashback program, with users receiving rewards in the form of the token, and the realization of internal nucoin raffles. Nucoin will not have a secondary market, as transactions with the token will be only available on Nubank's platform. Nucoin is already available to a part of the 70 million customers the exchange reported having reached back in September, with almost 2 million having purchased crypto. The initial price of the currency (if it will have a determined price) was not disclosed by Nubank. More Options According to reports from local outlets, Nubank will present further options involving its currency, including staking programs that will allow customers to lock the... read More



Coinbase Survey: 20% of US Adults Currently Own Crypto

    A national survey commissioned by Coinbase suggests that about 20% of U.S. adults currently own crypto. In addition, 29% of U.S. adults plan to buy or trade crypto in the next 12 months. 'The vast majority of Americans want to see the financial system updated and they believe crypto can be a powerful part of the solution,' Coinbase said.Crypto Survey Commissioned by Coinbase A nationwide survey of 2,202 participants from the general population was conducted by Morning Consult from Feb. 10-14. 'The data were weighted to be representative of U.S. adults based on age, race/ethnicity, gender, educational attainment, and region,' the market research firm described. 'The purpose of this study was to examine perceptions of the global financial system and how U.S. adults and cryptocurrency investors view the future of the crypto market and exchanges.' Citing the survey results, the Nasdaq-listed cryptocurrency exchange Coinbase, which commissioned the study, commented: The vast majority of Americans want to see the financial system updated and they believe crypto can be a powerful part of the solution. Noting that '80% of Americans think the global financial system unfairly favors powerful interests' and '67% of Americans agree that the financial system needs major changes or a complete overhaul,' Coinbase wrote: The survey found that 80% of respondents believe the current financial system is unfair, with the overwhelming majority expressing frustration with the current financial sys... read More



20% of Surveyed Americans Own Crypto Despite Bear Market: Coinbase

    The cryptocurrency exchange Coinbase estimated in its latest study that every fifth American has already hopped on the cryptocurrency bandwagon.  There are more HODLers among youngsters and people of color. Crypto Can Update the Financial System Coinbase surveyed over 2,000 American adults to determine their thoughts on the current global financial network and check their sentiment on digital assets. 20% of the participants admitted owning bitcoin or alternative coins despite the 'tumultuous events' of 2022. Recall that last year saw the crash of Terra/Luna, the bankruptcies of Three Arrows Capital (3AC) and Celsius Network, the demise of FTX, and many other catastrophes. 76% of cryptocurrency investors view blockchain technology as 'the future.' It outlined that adoption is higher among younger generations, such as Gen Z and Millennials, and people of color. Democrats and Independents are slightly more likely to own crypto than Republicans. Coinbase also found out that 80% of US residents believe the current global monetary system is unfair, while 67% think necessary amendments should be enforced. The platform outlined crypto's role in such a revolution, reminding that troubled communities have already used it to solve 'real-world problems.' 'On a global level, crypto is offering faster, low-cost cross-border transfers and digital stablecoins are helping underbanked people across the world to gain access to the US dollar and financial services to help lau... read More



TOTHESMART Is Transitioning to Its Own Token What Is the TTS Token Pheno...

    PRESS RELEASE. TOTHESMART is a PlayToEarn mining farm built on Binance Smart Chain blockchain. The project works on decentralization principles and believes that the best way to develop community and promote blockchain industry in Mass Adoption is a game engine with open rules of the Game prescribed in blockchain. The project was released more than 200 days ago. We’ve already wrote about it in a previous press release. TOTHESMART uses stable BUSD token to interact with smart contract mining farm, but due to a series of high-profile negative events related to Stablecoin and its decoupling from USD exchange rate TOTHESMART decided to switch to its own token TTS built on Binance Smart Chain. The main idea of token is decentralization and fair distribution of tokens among blockchain enthusiasts community. Thus, 80% of the maximum issuance of the TTS token is inside the Play to Earn smart contract of the mining farm. These tokens can only be obtained by purchasing virtual miners and selling namained tokens for real TTS tokens. 10% of the tokens were sold in a private sale with a 25% monthly split. 5% are team tokens that will be unlocked monthly for 20 months. 1% of the tokens have already been locked into the liquidity pool until 2107. The remaining 4% were distributed to the community in the form of Airdrop. They can only be spent to purchase Tothesmart virtual miners. The TTS token is already available on PancakeSwap Binance Smart Chain Slippage for buying and selling on ... read More



Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Goog...

    Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that the device will be built in partnership with Google and Qualcomm. Samsung to Enter the Metaverse Hardware Business Samsung, the Korean mobile company, revealed it will be joining the market of metaverse and VR (virtual reality) headsets soon. The company announced that it is already working on what it calls 'extended reality' hardware, hinting at the production of a VR headset. TM Roh, Head of Samsung mobile experiences business, confirmed that such a device is in the works, but did not offer a launch window for the hardware. However, he reported the involvement of Qualcomm, the fabless chip maker, and Google, as partners. On Feb. 1, Roh told The Washington Post: Many different companies … have been making these announcements about different realities, so we have also been making similar preparations, no less than any others. Ro explained that Samsung had delayed its participation in the market, stating that the market was still not ready and that other similar devices launched by competitors did not have the expected success. More VR Devices Samsung joins the rows of manufacturers that have already launched metaverse devices, such as Meta and HTC, and others that are planning to do so in the n... read More



Bitcoin Disciples: Only 43.5 Million Own The Crypto Globally, Study Show...

    Out of 8 billion people living on the planet, only 43 million people own Bitcoin — which amounts to less than 1% of the population. Despite the success of the cryptocurrency, a minuscule number of the world’s current inhabitants holds ownership of Bitcoin, according to CoinMarketCap. Are there specific reasons why this is happening? Or is there something going on in the world of cryptocurrency that contributes to this current trend? Confusion Over 'Ownership' And 'Creation' Before anyone can have access to any form of cryptocurrency online, a user must create their own online wallet for the specific cryptocurrency they want to invest with. It is the same case with Bitcoin, as specific blockchain wallets are created for BTC. From January 2022, a total of 85 million BTC wallets that were unique from each other were created and recorded by Blockchain.com, one of the world’s leading cryptocurrency blockchain hosting sites. This is where possible confusion might occur to those who are not familiar with the difference between creating a cryptocurrency wallet versus uniquely owning certain amounts of cryptocurrency. The unique ownership of the cryptocurrency itself (meaning that they have at least 1 or more BTC in their wallet) is only 43 million worldwide, despite that 46 million Americans have a share when it comes to BTC investment, according to ExplodingTopics.com. Lack Of Confidence In The Current Crypto Market Although a growing number of people worldw... read More



Manchester United Accused of Copying NFT Artist For Its Own Collection

    On December 28, NFT artist Lucréce reported via Twitter that he is in talks with Arthur Breitman, co-founder of Tezos, to get an explanation from Manchester United soccer about why its new NFT collection uses designs and styles similar to his own. Lucréce's collection is much older than United's and has higher prices, reaching approximately 21 ETH ($24,919) per NFT. In contrast, each of the Red Devils' 7,777 NFTs sold for about $40, running out of stock immediately after release. Lucréce's NFT collection, Source: OpenSea Lucréce hopes to strike a deal with the Red Devils. that will benefit both parties, as the resemblance of their artwork is so uncanny that some community users wondered if the artist worked on creating the Manchester United project. I’m not saying @ManUtd was inspired by my work, but I’m not saying Manchester United wasn’t inspired by my work. pic.twitter.com/q09Y6uouxF — Lucréce (@DesLucrece) December 23, 2022 Although the artist was careful not to directly accuse Manchester United of plagiarizing his works, he showed an image on Twitter comparing the two artworks so readers could draw their own conclusions. Is Manchester United Copying Lucréce's NFT Artwork? User ClownVamp, posted a series of Tweets comparing both NFTs, noting that Lucréce's was 'one of Tezos' most popular and oldest collections.' The Manchester United NFT Collection The terms and conditions of the United collection s... read More



Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Dema...

    On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon's banks froze Lebanese bank accounts, and a number of branches have remained closed indefinitely. The deprivation of wealth has caused a few impoverished Lebanese to demand their savings at gunpoint but so far, even these tactics have left most residents walking away or arrested penniless.Lebanon's Banks Deal With Protests and Gunpoint Demands From People Who Want Their Savings Back In August 2019, it became apparent to the world that Lebanon was suffering from a liquidity crisis, and there have been many reports that say financial coverups and U.S. sanctions put Lebanon’s economy in a vice grip. It has been reported that by late 2018, a handful of Lebanese commercial banks froze people’s accounts and by the first week of March 2020, Lebanon said it would default on its Eurobond debt. The country started seeking out restructuring agreements, and Lebanon’s lira exchange rate diverged significantly from the black market rate. A report published in August 2022 details that the “black market rate is what the currency is actually worth now.” In June 2022, Bitcoin.com News reported on Lebanon’s inflation rate surging to 211% which highlighted the economist Steve Hanke, who said the country should leverage a currency board. On Dec. 17, NPR columnist Ruth Sh... read More



FNCY Launches Own Mainnet With New Tokenomics

    [PRESS RELEASE - Please Read Disclaimer] Singapore Dec. 2, 2022 – FNCY, the Web3 entertainment platform presented by Metaverse World, a blockchain subsidiary of Netmarble F&C, launches its own mainnet today and they are one step closer to bring the Web3 world where people can enjoy complete access to all forms of entertainment such as games, web-toons, web-novels, K-Pop, metaverse and more to come. Token Swap FNCY successfully developed its own mainnet with BNB Sidechain, one of the biggest blockchain in the world. Due to its mainnet launch, FNCY opens a swap and bridge service to migrate $ITAMCUBE(its previous token) to $FNCY(FNCY Native Asset). The total supply has been reduced by 10:1 which is 1 billion. However the swap ratio of $ITAMCUBE:$FNCY is 1:1. The leftovers will be burnt. FNCY’s Coming Projects FNCY continues to update its services and products; games(MetaFootball, Yokai Dual, and more) soon to be onboarded, new services like FNCY membership and casual game platform, and a new NFT project(K-Pop idol IRRIS). IRRIS is the first K-POP girl group presented by Taewon Entertainment which is the production company of the famous Korean series “Iris”. The detail of the project is available on FNCY website. All FNCY’s services are easily accessible via FNCY App(AOS and iOS) and PC launcher. “We are extending our partnership and detailed MOU with corporations from various industries to realize ‘blockchain in daily life’ by des... read More



Users Can Now Verify the Bitcoin They Own on Binance via Merkle Tree

    The world's largest cryptocurrency exchange - Binance - introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The feature will initially show only bitcoin's holdings, while other coins will follow in the future. Binance has taken some additional measures to reaffirm its customers' trust during the turbulent times following the FTX crash. In a recent announcement, the company disclosed the launch of a Proof of Reserves (PoR) system showing that its on-chain reserve is composed of 582,485.9302 BTC. Customer Net Balance (Equity - Debt) equals 575,742.4228 BTC. The trading venue vowed to release the PoR for other cryptocurrencies in two weeks. Binance will also hire third-party auditors to check the results. CEO Changpeng Zhao said the crypto community currently demands more from exchanges, and the firm is 'pleased' to provide such clarity: 'As Binance's user community is exponentially larger than the next largest exchange, this is a massive undertaking and will take a few weeks to develop the data for the majority of our assets in custody. We are working to get the next update out as quickly as possible to meet the community's expectations,' he added. The platform topped up its SAFU insurance fund to $1 billion following the FTX meltdown. Those assets could be distributed to clients in case of future emergencies. Binance has also introduced an industry recovery fund that could help other projects that experience liquidity i... read More



Binance SAFU Insurance Fund is 44% Backed by its Own Token

    Binance’s emergency insurance fund is largely comprised of a cryptocurrency tied to the company itself, according to on-chain data.  The two addresses associated with the fund show that its BNB tokens account for 44% of its reserves.  The Wrong Type of Insurance? As shared by on-chain analyst Willy Woo on Twitter, the Secure Asset Fund for Users (SAFU) includes $367 million worth of BNB. The remainder is made up of Binance’s dollar-pegged stablecoin BUSD ($300 million) and Bitcoin, the largest cryptocurrency by market cap ($270 million).  These balances are verifiable through public blockchain data, at Binance’s Bitcoin and BSC addresses respectively. The exchange soon plans to implement a proof of reserves system verifying its total exchange assets as well.  Nevertheless, Woo found Binance’s reliance on BNB within the reserve to be concerning.  “While I commend Binance for having such a fund, there's no sense putting incidence-correlated BNB in there,” he said. “How would we feel about FTX having an insurance fund filled with FTT?” The SAFU was created in 2018 to protect Binance users’ funds in the event of a catastrophe. After slowly being funded through trading fees collected by Binance, it formally opened in January 2022 at a valuation of $1 billion. Crypto market declines have since knocked its spot market valuation to roughly $837 million. These funds still roughly match the $68 million in Bi... read More



Apple Could Be Developing Its Own Metaverse Platform

    Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a '3D mixed-reality world,' for the Technology Development Group, the virtual reality division of the company. Apple Might Be Working on Its Own 'Horizon Worlds'-Type Metaverse Iteration Apple posted a set of job listings on Nov. 13 that could give some perspective on the direction the company is heading in regard to metaverse tech. According to Bloomberg, the company is currently searching for engineers to develop content for its incoming VR headset which, per reports, will have high-definition displays, a set of more than 10 cameras, and will pack Apple's latest M2 chip, one of the quickest in the industry. One of the job listings explicitly calls for engineers with the knowledge to develop a 3D mixed-reality world. This move might mean that Apple is already working on its own iteration of a metaverse platform like Meta's Horizon Worlds, where users can meet, interact, and build their own worlds. The job listing notes that the elected engineers will 'build tools and frameworks to enable connected experiences in a 3D mixed-reality world.' Another of the job openings calls for engineers to build a 3D video platform with content suitable to be experienced via virtual reality hardware. Technavio's report on ... read More



Twitter Working On Its Own Crypto Wallet Prototype

    Software engineer Jane Manchun Wong, famous for her reports on to-be-launch tech features, claimed that Twitter would implement its own crypto wallet. Currently, the project is under development, and the team behind the feature is still working on a prototype.  According to Manchun Wong, the crypto wallet will enable users to deposit and withdraw their funds without relying on third-party services. At the time of writing, there is no official announcement or statement from the company, only unofficial reports.  Twitter is working on a “wallet prototype” that supports “crypto deposit and withdrawal” — Jane Manchun Wong (@wongmjane) October 24, 2022  Twitter’s Crypto Wallet Prototype Only The Beginning? The Jack Dorsey-founded social media has been one of the most crypto-friendly platforms, alongside Instagram and Reddit. Under Dorsey’s leadership, the company launched several features allowing users to link their crypto wallets to their profiles.  However, this feature requires that users create and manage their own wallets and addresses. The feature was initially compatible with Bitcoin. Later, Twitter extended the feature to Ethereum addresses and non-fungible tokens (NFTs).  ETH's price moving sideways on the 4-hour chart. Source: ETHUSDT Tradingview Until now, there were no reports of a native Twitter crypto wallet. If implemented, the process of sending and receiving tips, and using the NFT profile pictu... read More



Interpol Launches Its Own Metaverse —Along With a Metaverse Expert...

    On October 20, the International Criminal Police Organization (Interpol) announced the launch of the first metaverse. The organization unveiled the news during the 90th anniversary of its General Assembly in India. According to the release, the Interpol metaverse allows users worldwide to access Interpol's headquarters in Lyon, France. Visitors to the metaverse will be able to explore and interact with other officers through their own avatars, taking classes or private police training courses and intensive forensic investigation training, among other activities. During the ceremony, General Assembly officials were able to enter the metaverse using VR equipment to walk around the Interpol building in France. Interpol to offer training courses in the metaverse The goal of Interpol, in addition to offering tours, is to make the most of the metaverse by providing immersive training courses to its officers, allowing them to perform police and forensic practices without compromising any real-life mission. Jürgen Stock, Secretary General of Interpol, said that Interpol is working to make users around the world feel safe even in this new era of virtual interactions: 'For many, the Metaverse seems to herald an abstract future, but the issues it raises are those that have always motivated INTERPOL - supporting our member countries to fight crime and making the world, virtual or not, safer for those who inhabit it,' Similarly, Interpol announced the creation of a 'metaverse expert ... read More



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