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CryptoPunks Reveals Details For Its Punk In Residence Incubator Program + More NFT News
9.2.2024
In NFT news today, after a couple of days of increasing non-fungible token (NFT) sales volume, the market is back in red. According to CryptoSlam, the sales volume is down nearly 13% over the past day to $42,137,944. Buyers, sellers, and transactions are all down by just above 30%. Looking at...
CoinDesk’s CEO Kevin Worth Departs in Major Restructuring Led by New Owner Bullish
9.2.2024
CoinDesk’s CEO Kevin Worth has stepped down as part of a major restructuring effort led by the crypto exchange Bullish, which recently acquired the media outlet. Bullish has appointed Sara Stratoberdha, who previously spearheaded business development for the exchange, as the new CEO...
Ethereum Developers Set March 13 as Target Date for Dencun Upgrade
8.2.2024
Ethereum developers have set a mainnet launch date for the Dencun upgrade, which will introduce several Ethereum Improvement Proposals (EIPs), including proto-danksharding, which is expected to drive down transaction costs on layer 2. During a bi-weekly coordinating call on Thursday, Ethereum...
Pandora’s ERC-404 Standard Grabs Crypto World’s Attention + More NFT News
8.2.2024
The non-fungible token (NFT) market has seen a significant recovery over the past day. The sales volume is up 31% to $42,969,376. Meanwhile, buyers are down less than 1%, sellers 15% and transactions 8%. All top 10 collections by sales volume have seen an increase in the last 24 hours,...
SEC and NASAA Clamp Down on TradeStation with Hefty $3M Crypto Fine
8.2.2024
The Securities and Exchange Commission (SEC) has taken action against TradeStation Crypto for failing to register the offer and sale of a cryptocurrency lending product that promised investors the opportunity to earn interest. On Wednesday, the Florida-based company agreed to settle the charges...
SocialFi Project Friendzone to Debut on Polygon Blockchain
8.2.2024
Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023
7.2.2024
Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...
Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App
7.2.2024
Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of...
FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action
6.2.2024
The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had “completed its wind-down plan and no longer functions as a bank.” “The Board’s enforcement action, which has been in effect since July 2023, ensured the bank’s...
Solana NFT Sales Drop 80%, Bybit’s New Inscriptions Marketplace + More NFT News
6.2.2024
The non-fungible token (NFT) market has seen a significant drop today. The sales volume has dropped 25.2% in 24 hours to $25,976,386. Also, buyers are down 21.3%, sellers 12.75%, and transactions 34.2%. Among the top 10 collections per sales volume, Gods Unchained Cards increased the most: 11,113%...
Solana Price Prediction as SOL Blockchain Goes Down – What’s Going On?
6.2.2024
The Solana network is suffering a minor outage with the last transaction halted at 09.52 UTC, according to the block explorer. Engineers and validators are currently investigating the mainnet-beta for the source of the problem. Blockchain company and leading Solana validator Laine tweeted:...
Bonk Price Prediction as Market Cap Falls Below $1 Billion – Will BONK Keep Falling?
6.2.2024
The Bonk price has barely moved in the past 24 hours, remaining at $0.00001011 as the crypto market as a whole also holds still today. BONK is now down by 15% in a week and by 6.5% in a month, with the meme coin’s recent falls pushing its fully diluted market valuation (e.g. maximum supply...
Trump Calls CBDC a “Very Dangerous Thing,” Criticizes Artificial Intelligence
5.2.2024
Former president and leading Republican presidential candidate Donald J. Trump called the prospect of a central bank digital currency (CBDC) a “very dangerous thing” during a February 2 interview on Fox Business. Trump Doubles Down On Anti-CBDC Stance Fielding questions from Maria Bartiromo, Trump...
Due Diligence slows down the adoption of Spot Bitcoin ETF
5.2.2024
On January 10, 2024, the US SEC approved applications for Bitcoin ETFs, encouraging optimism among crypto enthusiasts. There was a momentary rise in the valuation, but that has calmed down now. While the Bitcoin ETF has paved the way for more crypto ETF applications to surface in the future,...
XRP Price Prediction as ChatGPT Says XRP Will ‘Blow Past’ All 2024 Forecasts – Here’s Why
5.2.2024
The XRP price has declined by 1.5% in the past 24 hours, falling to $0.5046 on a day when the cryptocurrency market has gained by a modest 1%. XRP is now down by 4% in the past week and by 11% in a month, although the altcoin remains up by 22% in the past year. […]
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Nobody’s Mint Tops NFT Volume Charts + More NFT News
5.2.2024
The non-fungible token (NFT) market is having (mostly) a good day, with several collection making it to the NFT news rounds. The sales volume is up 28% to $35,570,470 over the past 24 hours, according to CryptoSlam. Buyers are down 4%, and sellers are up 9%. Transactions are down 7%. As for...
Beijing Censors Crypto Mining Activities to Strengthen Energy Conservation
5.2.2024
Beijing, China has further doubled down on crypto mining activities as a part of its revamped energy conservation implementation plan. Per a recent government notice, the Beijing Municipal Development and Reform Commission along with 11 other departments have implemented revised plan to further...
Domain Registry Company Finesses New Bitcoin Rival Out of Their .Com
4.2.2024
  The Domain registry company NJAL.LA aka ‘Njalla’ has be cast into the spotlight of cryptocurrency for their finessing of Mollars.com from the “Mollars Cryptocurrency Project.” Now relocated to Mollars.CC, the project’s original domain shut down abruptly with no explanation. The strange...
End of the Line for OPNX, Built by Three Arrows Co-Founders Zhu and Davies
2.2.2024
OPNX has declared it will cease all activities next month. This decision comes as co-founders Su Zhu and Kyle Davies grapple with legal repercussions stemming from their previous venture’s failure, Three Arrows Capital. OPNX to Shut Down Amid Three Arrows Co-Founders’ Legal Troubles...
OFAC Blocks Venezuelan Gold Business, Warns About Upcoming Oil Sanctions
2.2.2024
The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for commercializing gold in international markets. The sanctions on Minerven, which were eased in October, will be applied again on February 13, with oil and gas sanctions reported...