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Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23–29
30.11.2022
At the height of the bear market, two NFT collectors have paid almost $1 million to purchase Bored Ape NFTs
FTM price rebounds 50% as Fantom reveals 30 years runway (without having to sell its token)
30.11.2022
The Fantom Foundation's attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price
Buy the Dip, Sell the Bounce: Crypto Funds Have Biggest Outflows in 12 Weeks
28.11.2022
Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit
27.11.2022
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as the ‘FTX Accounts Drainer,’ still holds the second...
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation
27.11.2022
According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil scheme is part of the Ghanaian...
ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
25.11.2022
The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame
NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’
24.11.2022
The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs. Noting that crypto is coming whether we like it or not, he stressed the importance of moving into this space. NYC’s Mayor on FTX Collapse and the Importance...
Uzbekistan Licenses 2 Crypto Exchange Service Providers
21.11.2022
The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto...
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...
NFT-Linked Sandals Worn by Steve Jobs Sell for $218,000
15.11.2022
The iconic brown Birkenstocks were sold with a matching digital collectible on the Polygon blockchain
Nifty News: Nike unveils NFT platform, Steve Jobs' sandals sell for $200K and more
15.11.2022
A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000
Elon Musk: Bitcoin Will Make It — Dogecoin to the Moon
15.11.2022
Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” and “DOGE to the moon.” Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX, Musk believes...
Polygon stands tall in the sell-off market: Will MATIC reach $2?
11.11.2022
In the long-term, Polygon has been in an uptrend, but it faced a sudden bearish momentum when FTX announced the liquidity crisis on their exchange. As a third popular crypto exchange, FTX is facing a liquidity challenge that leads to selling pressure in crypto markets. Binance came to the rescue...
Avalanche fails to sustain the support: Is it time to sell AVAX?
11.11.2022
Avalanche’s native token, AVAX, was down in the last few days when FTX announced its liquidity crisis, and Binance came to acquire FTX. However, Binance officials announced Wednesday that they would not buy FTX because the situation is beyond their control. That follows a negative sentiment...
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
11.11.2022
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....
Biggest Movers: FTT Down 30% on Tuesday, Falling to 21-Month Low
8.11.2022
FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Binance CEO Changpeng Zhao. CZ initially stated that the exchange would liquidate all its FTT, however...
FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange
8.11.2022
The two crypto exchange giants signed a a non-binding letter of intent, Binance CEO Changpeng Zhao confirmed on Twitter