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NFTs could be 'as big or bigger' than all crypto on Coinbase, CEO says
12.11.2021
Ten times more people have signed up for Coinbase’s upcoming NFT platform than OpenSea had in total over the past 30 days
Tinder, Bumble Fall Head over Heels for Crypto, Metaverse
12.11.2021
Sharp-elbowed tech companies are keen to take up every corner on the metaverse bandwagon.
Two of the biggest names in the dating app space have decided that the metaverse could well be a perfect match for their business models....
Read More: Tinder, Bumble Fall Head over Heels for Crypto, Metaverse
FTX Us Shows 500% Jump in Daily Trading Volume in Q3
12.11.2021
As the crypto market finds its rhythm, trading platforms like FTX are rejoicing with increased traffic. The crypto exchange’s US arm recently released its quarterly revenue report, showcasing a 500% jump in daily trading volume. The report released by FTX US also states that the platform held...
IoTeX (IOTX) Is Bullish; Is It the Right Time to Invest?
12.11.2021
IOTX is the token of the IoTeX network. It is an innovative data privacy EVM compatible blockchain. It uses the ROll-DPoS consensus to process millions of transactions. It has the infrastructure to connect with BSC, ETH, and Heco. It was started in 2017 and built a decentralized platform with...
Botswana Does Not Have Regulatory Framework for Crypto — Central Bank
12.11.2021
The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding...
Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...
Twitter Sets up Dedicated Team to Focus on Cryptocurrency and Decentralized Apps
12.11.2021
Twitter has set up a team to focus on “crypto, blockchains, and other decentralized technologies — including and going beyond cryptocurrencies.” Initially, the team will explore how it can “support the growing interest among creators to use decentralized apps to manage...
Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
12.11.2021
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply...
Business Giant Hankook Readies Crypto, NFT Move
12.11.2021
Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs)....
Read More: Business Giant Hankook Readies Crypto...
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
Former Binance execs say exchange is worth $300B: report
11.11.2021
Though the exchange's holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world
FTX US sees daily volume, users surge in Q3
11.11.2021
Q3 was a volatile period for digital assets as Bitcoin wicked below $30,000 and the total crypto market capitalization shed half its value
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...
Binance.US to Back BOBA Airdrop Program for OMG Holders
11.11.2021
Binance.US has decided to take a snapshot of OMG tokens held by users at the first Ethereum (L1) block, and will further distribute BOBA tokens at the ratio 1OMG=1BOBA. The estimated time is subject to change and is just for reference as of now. According to sources like this Binance review,...
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
11.11.2021
Insurance and risk management for digital assets will increase investor confidence, said OneDegree
Discord Clarifies Its Stand on Crypto Wallet Speculation
11.11.2021
On Wednesday, the Founder and Chief Executive Officer of Discord, Jason Citron, reassured customers that the company is not making any plan to shift its business towards the non-fungible tokens (NFTs). Citron made it clear through his tweet emphasizing that the company is not the gearing...
Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program
11.11.2021
Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between restaurant giant Landry’s and New York Digital Investment Group (NYDIG). In addition, Landry’s said it will buy bitcoin for its treasury....
Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says
11.11.2021
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...
Twitter Launches Twitter Crypto: Here’s How the Company Got There
11.11.2021
The social media giant Twitter is launching a “new team focused on crypto, blockchains and other decentralized technologies,” claims the woman who has been picked to lead it.
The team will be called Twitter Crypto, and the woman in question is Tess Rinearson, who has previously worked at...