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NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million
13.7.2022
While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% higher than the week prior. One particular NFT sale, Cryptopunk #4,464, helped push...
Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
13.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
13.7.2022
The Catawba Digital Economic Zone in South Carolina hopes to attract crypto companies to remotely incorporate under its laws
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
13.7.2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....
California regulator investigating crypto interest accounts
13.7.2022
The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager
US Treasury calls for public comment on digital asset policy, following Biden's executive order
12.7.2022
President Joe Biden's executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations
SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August
12.7.2022
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
Blockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B
12.7.2022
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion....
French central bank head announces beginning of wholesale digital euro project phase 2
12.7.2022
The French presidency of the European Union winds down with the completion of wCBDC experiments, design of proprietary blockchain and automated market maker platform
US Federal Researchers Say Digital Dollar Could Be Good for Financial Stability
12.7.2022
Though critics of a central bank digital currency have said it could amplify bank runs, the Office of Financial Research says it may actually help
Central Bank: No Place for Stablecoins in Russian Economy, Only Digital Ruble Will Do
12.7.2022
The Central Bank of the aggressor state Russia, says that it is against the idea of citizens making use of fiat-, oil-, or gold-pegged stablecoins – despite calls for the launch of such tokens from the Ministry of Finance.
The newspaper Vedomosti quoted a Central Bank spokesperson as insisting...
Spain to Offer Grants for Metaverse Companies
12.7.2022
The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to...
Developer Ambushes NFTs In Public Talk, Makes Crypto Sponsors Real Mad
12.7.2022
During Brazil’s International Games Festival last week, developer Mark Venturelli (Chroma Squad) was scheduled to give a talk called “The Future Of Game Design”. A few seconds in, he flipped and revealed the presentation’s real title—“Why NFTs are a nightmare”—to a room full of applause.Read more
Report urges central banks to work together on digital currency interoperability
11.7.2022
The Bank for International Settlements, International Monetary Fund and World Bank say CBDCs should be programmed in advance to avoid interoperability issues
Voyager can't guarantee all customers will receive their crypto under proposed recovery plan
11.7.2022
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News
11.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._______...
Read More: Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News
Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months
11.7.2022
Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%...
New Assassin's Creed Situation On Steam Is A Digital Nightmare
11.7.2022
When games started making the switch from physical to digital, everyone knew there were trade-offs. Digital downloads were quicker and more convenient, but also meant you didn’t entirely own the game you bought. You were just licensing it, making you subject to the whims and future solvency of...
This Is Low Long Grayscale vs. SEC Battle Over Bitcoin ETF Might Last
11.7.2022
A major legal battle between digital asset giant Grayscale Investments and the US Securities and Exchange Commission (SEC) over the rejected application to convert the Grayscale Bitcoin Trust (GBTC), the world's largest BTC fund, to a spot exchange-trading fund (ETF) might last even two years...
Dutch bank ING sells digital asset tool Pyctor to GMEX
11.7.2022
GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance