Yuga Labs, the company behind the Bored Ape Yacht Club NFT project, has announced a partnership with Magic Eden, a major multi-chain NFT marketplace. The collaboration is geared towards the introduction of a new Ethereum-based marketplace that promises to maintain creator royalties on all purchases of NFTs. Notably, this platform
November 4, 2023 1 min read
Cardano blockchain co-founder Charles Hoskinson has unveiled an entirely novel framework called Partner Chains, which he claims will completely alter the way new blockchains are created and run in the future. An IOG blog reports that Hoskinson proposed a new framework for integrating Cardano’s offerings into modular blockchain applications. Some
November 3, 2023 2 mins read
Recent drops in interest rates have been felt across the board in the United States yield curve as investors bet the Federal Reserve has completed its policy tightening. In October, the United States created 150,000 jobs, which was lower than the 180,000 predicted by economists and the 297,000 added in
November 3, 2023 1 min read
Things are starting to look up for XRP as the price continues its upward pace. For the last several weeks, the price has been rising. The XRP price has broken over the $0.6 level, as well as the 50-day and 200-day moving averages. In addition, the relative strength indicator has
November 1, 2023 2 mins read
Onyx Protocol, a DeFi initiative, has suffered a security breach and lost almost $2.1 million worth of Ethereum (ETH) currency due to flash loan exploits. According to the findings, the Onyx protocol exploiter’s wallet address has 1,164 ETH, or almost $2.1 million. In order to steal from the oPEPE market,
November 1, 2023 1 min read
Gary Gensler, the chair of the SEC, greeted Satoshi Nakamoto’s renowned White Paper, which launched cryptocurrency today, a happy 15th anniversary. If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell? Happy 15th anniversary to Satoshi’s famous white paper that started crypto. Any crypto companies
October 31, 2023 2 mins read
On October 31st, defunct FTX and Alameda Research reportedly moved assets valued at $27.2 million, as shown by data presented by Lookonchain, a data analytics platform. The majority, $17.93M, was held in RNDR, followed by $4.7M in SOL, $2M in ETH, and $1.18M in MKR. More than $1.12 million worth
October 31, 2023 1 min read
Digital asset investment company CoinShares stated on Monday that cryptocurrency-focused investment funds had net inflows of $326M last week, the highest weekly inflow since July 2022. According to CoinShares, the primary motivation for the adjustment is the price increase brought on by rising expectations that the United States SEC would
October 30, 2023 1 min read
The UK government has updated its intentions to regulate stablecoins backed by fiat currency. The paper was released on October 30 with the intent of easing and regulating the usage of fiat-backed stablecoins in UK payment networks. The paper states that in 2024, His Majesty’s Treasury plans to present explicit
October 30, 2023 1 min read
Strategy consultant at investment management company VanEck, Gabor Gurbacs, believes that El Salvador may follow Singapore’s model and become a financial hub in the Americas. Gurbacs on a twitter post stated: “I say often to portfolio managers and asset allocators that El Salvador has the potential to become the Singapore
October 29, 2023 2 mins read