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Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs
7.2.2022
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...
Konami to Keep Selling NFTs to ‘Preserve Content’
5.2.2022
Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and explained it would go on with its activities involving this technology as a preservation tool for some...
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report
3.2.2022
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency...
Judge Orders Argentinian Soccer Association to Drop Binance Deal
31.1.2022
A judge has decided to stop the deal the Argentinian Soccer Association (AFA) signed last week with Binance, one of the leading exchanges in the cryptocurrency world. María José Gigy Traynor dictated a prohibitory injunction ordering the cancellation of all deals announced or signed with...
Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits
31.1.2022
Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could...
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility
29.1.2022
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased...
CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0
28.1.2022
CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+...
78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
27.1.2022
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted...
NFT ‘ETH in Mellieha’ Set to Go on Auction for Legal Rights to Number Plate
26.1.2022
ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta’s leading law firms. At the core of ETH in Mellieha is an Oil Painting that...
Spellfire to Huobi Primelist on January 27th
25.1.2022
Spellfire is gaining momentum. The legend is back better than ever. Chase the $SPELLFIRE on the most prestigious launchpads – 25th @Daomaker and on the 26th @GameFi. Right after the launchpads, Spellfire is listing on Huobi Primelist on the 27th, one of the world’s leading crypto...
Binance Becomes the Blockchain and Cryptocurrency Industry’s First to Join the National Cyber-Forensics and Training Alliance (NCFTA)
24.1.2022
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats....
Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site
21.1.2022
PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns...
Report: A16z to Raise $4.5 Billion for Crypto Investments
21.1.2022
A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year....
Spellfire Oversubscribed Twice, a Staggering $3.8M Raised
20.1.2022
Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity
19.1.2022
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from...
Bitpay Statistics Show the Use of Bitcoin for Payments Is Dwindling
18.1.2022
The use of bitcoin as a digital currency for payments has gone down significantly, according to the numbers stemming from Bitpay, one of the leading cryptocurrency payments processors. While most of the purchases were made with bitcoin back in 2020, this dominance has dwindled, opening the space...
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
15.1.2022
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory...
Revolut Launches Banking Services in Spain Featuring Deposit Insurance
14.1.2022
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...
Gensokishi Online Partners With Crypto Exchange Bybit for Launchpool and Listing
13.1.2022
PRESS RELEASE. Taipei: Metaverse (MV), a token of the GensoKishi Online Project , has partnered with Bybit, a leading crypto exchange that provides Crypto currency-related services globally, and announced its listing. Bybit is one of the world’s largest cryptocurrency exchanges, trusted...