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Deposits on ‘Big Four’ South Korean Exchanges up 1,368%


"https://cryptonews.com/news/s-korean-mp-bids-to-prevent-crypto-crisis-while-kimchi-premi-11218.htm">kimchi premium traders making “illegal transactions.”Upbit, the market-leading exchange, and Korbit, the first trading platform in the nation appear to have received their permits within h

Sotheby’s Bored Ape NFT Auction Attracts Nearly USD 20M In Bids


UTC, but the price offered for the Yacht Club collection has already exceeded the initial estimate of between USD 12m and USD 18m. As of September 6, 10:00 A.M. UTC, the current bid is USD 19m, with a total of 44 bids placed to date. For the Kennel Club collection, for which bidders ca

‘Wrong Kind’ of Bitcoin ETF Head for US Approval as Futures Bids Made


Bitcoiners have been waiting for American regulators to green-light a bitcoin (BTC) exchange-traded fund (ETF) for what seems like ages. And although it looks like they are finally close to a breakthrough, it turns out that after all the fuss, they might end up with the wrong kind of BTC ETF after...

Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency


Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins....

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars


Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million....

EY, Samsung SDS & Naver-Line Consortium Bids to Test South Korean CBDC


There has been mixed news for the central Bank of Korea (BOK) as it prepares to launch its first pilot for the digital won. The bank is still yet to make an official decision on whether it will actually launch the central bank digital currency (CBDC) or not, but recently claimed that it would...

Former Gulag in Russian Arctic Bids to Become Bitcoin Mining Hotspot


Norilsk. A Russian firm is set to open a hotel with a difference in the Arctic Circle – although it isn’t the kind most folks would ever dream of visiting. Instead it’s a crypto mining “hotel” fitted with ASIC bitcoin (BTC) mining rigs and powered with 11.2 MW of electrical energy. In a uniquely...

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