The volume of Ethereum NFTs traded on-chain last week is at its greatest level since the week of Feb. 26, 2023, while Bitcoin NFT trading surely experienced a large surge this autumn. The volume of Ethereum NFTs is increasing because Pudgy Penguins, the third largest NFT collection by market value,
February 12, 2024 1 min read
John Ray III, CEO of the FTX debtors estate, has filed paperwork to sell Digital Custody to CoinList at a steep discount of $500,000, with funding coming from Terence Culver, the original CEO and seller of DC. At first, FTX paid $10 million to acquire Digital Custody. The acquisition of
February 11, 2024 2 mins read
As part of its continuous plan to pursue the Latin American market, crypto exchange OKX has announced its launch into Argentina. This comes after its official debut in Brazil at the end of 2023. It was recently revealed by OKX that its crypto exchange platform, self-custody wallet, and the ability
February 11, 2024 1 min read
With the goal of promoting the growth of DLT, Abu Dhabi Global Market (ADGM) and the Solana Foundation have inked a memorandum of agreement. Although no concrete actions were announced, the partners are going to explore potential avenues for growth within the framework of ADGM’s DLT Foundations Regulations. According to
February 9, 2024 2 mins read
The Cronos-based cryptocurrency lending protocol Orby Network has made interest-free $USC borrowing available. Because of this, borrowing Orby’s native stablecoin over the Cronos network for decentralized finance objectives is possible without having to pay exorbitant or variable interest costs. On the Cronos EVM blockchain, Orby is one of the most popular contemporary
February 8, 2024 2 mins read
Digital art enthusiasts may now easily and securely buy and store NFTs in one place using Web3 SuperApp Kresus, a supported digital wallet option via Sotheby’s Metaverse. Through Sotheby’s Metaverse, collectors may now purchase digital artworks and save them simply using the Kresus smartphone application. Sotheby’s Metaverse, which debuted over three years
February 8, 2024 2 mins read
Launched with backing from the Intercontinental Exchange (ICE), crypto firm Bakkt has now issued a warning that it may not have sufficient funds to be operational for the next twelve months. Bakkt cautioned that it could “not be able to continue as a going concern” in a section on risk
February 8, 2024 2 mins read
Solana (SOL) had a positive month in terms of network activity, gaining a large number of users. But bears continued to exert pressure on the token’s price trajectory during this time. A major outage affected the Solana blockchain network on February 6th, keeping the network inoperable for about 5 hours.
February 7, 2024 2 mins read
On February 6, the U.S SEC established new regulations that would expand its registration requirements, encourage more market players to become members of a self-regulatory group, and ensure compliance with federal securities laws and regulations. Crypto and decentralized finance (DeFi) may be subject to further regulation under the new laws.
February 7, 2024 2 mins read
Crypto asset management company CoinShares stated that institutional crypto products had net inflows for the first time in three weeks in their most recent report. Following a precipitous drop of $500 million the week before, investors flooded the crypto market with $708 million last week. The most recent data shows
February 7, 2024 2 mins read