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Biggest Movers: LTC Hits Highest Point Since June, as APE Climbs to 3-Week High
13.9.2022
Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin...
Algorand Boosters Push Back on Helium’s Proposed Move to Solana
12.9.2022
Decentralized Wi-Fi network Helium Network has proposed moving to the Solana blockchain. But a Solana competitor has another idea
China to Crack Down on Copyright Infringement Through NFTs
10.9.2022
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments....
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
10.9.2022
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...
Car Maker Ford Files NFT Trademarks Ahead Of Metaverse Move
9.9.2022
U.S. car maker Ford is gearing toward the Metaverse and non-fungible token (NFT) market, with the company filing a total of 19 trademark applications related to these technologies with the U.S. Patent and Trade Office (USPTO). ...
Read More: Car Maker Ford Files NFT Trademarks Ahead Of Metaverse...
Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
8.9.2022
A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Mainstream media on the Merge: Risky move or climate nirvana?
7.9.2022
While mainstream outlets have generally grasped the complexity of upgrading a major blockchain “mid-flight,” it’s prompted a few to warn about the disruptions should it fail
The Week In Games: Enter The Splatlands
6.9.2022
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Russia Shuts off Europe’s Main Gas Pipeline Until the West’s Sanctions Are Lifted, Iran Tempts EU With Similar Deal
5.9.2022
Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,”...
As 10,000 Long-Dormant Bitcoins Finally Trade, Observers Wonder What's Up
2.9.2022
Blockchain data shows some 5,000 BTC moving despite prices well off the all-time high. One analyst said the wallet might be related to the crypto exchange Kraken, but it’s not clear how
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
1.9.2022
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto...
Bitcoin and Ethereum Struggle to Move Higher, LEO Accelerates
1.9.2022
Bitcoin price again failed to gain pace for a move above the USD 20,500 resistance and corrected lower. It is currently (03:52 UTC) consolidating near USD 20,100 and is down almost 2% in a day and 6% in a week.
Similarly, most major altcoins are also moving lower. ETH failed above USD 1,600...
Biggest Movers: LEO Hits 6-Week High, as NEAR Jumps Higher for Third Straight Session
31.8.2022
LEO rose to a six-week high on Wednesday, as prices rallied for a fifth consecutive session. The move came as the token raced past a key resistance level, on its way to today’s peak. Near protocol was another notable gainer, climbing for a third straight day. UNUS SED LEO (LEO) Unus Sed...
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
30.8.2022
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC...
ETH whales move holdings onto exchanges before Merge
25.8.2022
The top-10 Ethereum non-exchange addresses have seen an 11% decline in their holdings while on-exchange whale addresses have seen a 78% increase over the past three months
Biggest Movers: APE Extends Rally, HNT Recovers Following Recent Losses
24.8.2022
Apecoin rose for a fourth consecutive session on Wednesday, as prices of the token climbed by as much as 5%. Today’s surge sees the token move to its highest level since last Friday. Helium was another notable gainer on hump day, rising by as much as 14% earlier in the day. Apecoin (APE)...
Bitstamp Sees ‘Massive Crypto Interest’ From Institutional Clients
24.8.2022
The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained. Bitstamp’s CEO...
Celsius, 3AC demonstrated why financial infrastructure should move on-chain
23.8.2022
Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public
Australia to Stocktake Crypto Holdings Ahead of Regulation
23.8.2022
Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space. Treasury Embarks...