Fri, January 23

More Than 236,000 Bitcoin (BTC) Sold by Large Firms Since May

More than 19k BTC was traded by public miners following market deterioration. This week, the cryptocurrency industry surged past $1 trillion in market capitalization. Since May, major institutions have sold at least 236,237 BTC, according to Arcane Research analyst Vetle Lunde in a tweet on Thursday. For the first step,

July 24, 2022 1 min read

Ukraine’s New Fiat Currency Restrictions To Benefit Crypto Sector

A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to the changing economic foundations of the nation amid a continuous war with Russia. A currency devaluation of

July 24, 2022 2 mins read

DOJ Convicts ‘My Big Coin’ Founder of Crypto Fraud Over $6M

The coins were not secured by gold or even other valuable assets as claimed. CFTC also brought allegations against Crater and My Big Coin in 2018. It was stated on Thursday that My Big Coin Pay Inc. founder Randall Crater had been found guilty of crypto fraud by the United

July 24, 2022 1 min read

Three Arrows Capital Founders Reveal Reasons Behind Downfall

Overexposure to Terra, staked Ethereum, and Grayscale’s Bitcoin trust are blamed. Zhu said that when it came to Terra, he originally saw no warning signs. A Bloomberg interview with Su Zhu and Kyle Davies, the two co-founders of the recently collapsed crypto hedge firm Three Arrows Capital (3AC), has broken

July 24, 2022 2 mins read

Tech Giant Tencent Reportedly Shutting Down ‘Huanhe’ NFT Platform

The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content Group (PCG). According to a report by Chinese news agency Jiemian, cited by the South China Morning Post, Shenzhen-based technology company Tencent is ready to shut down its NFT platform

July 23, 2022 2 mins read

Top Gainers’ List July 23, 2022: BOND, RARI, DEX

The top gainers of the day are shared by CryptoDiffer. It includes BOND, RARI, DEXE, POND, WLKN, WING, and AXS. RARI surges up following its integration to Coinbase. Volatility is the nature of the crypto market where it experiences highs and lows, investors and traders play more that results in

July 23, 2022 2 mins read

Indonesia’s Central Bank Banking Heavy on Digital Rupiah Launch

The conceptual design of the future digital rupiah would be released by the end of 2022. The digital rupiah’s security measures are now being developed by Bank Indonesia. Indonesia’s central bank is aiming to create a new digital rupiah in large quantities. Regulators aim to make sure that the new

July 23, 2022 2 mins read

Binance CEO Optimistic of a Significant Bullish Momentum Soon

After the Merge, Ethereum will be deflationary, says Vitalik Buterin at a conference. This week, the Bitcoin (BTC) and Ethereum (ETH) values surged quickly. The CEO of Binance, Changpeng Zhao, reiterated his positive prognosis for the crypto sector in a tweet on Saturday. He thinks “BUILD” is the way to

July 23, 2022 2 mins read

Coinbase Wallet Announces Integration of OpenSea and Rarible Orders

This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase

July 23, 2022 2 mins read

Ukraine Museum Raises $1 Million from NFT to Shield Army

The 3rd part of NFTs includes events that happen on March 15 – 31. The last drop of NFTs is to restore the Ukraine Cultural Institutions. The first NFTs battle museum in Ukraine collected more than $1 million for the armed forces. With this money, Ukraine has already purchased weapons

July 23, 2022 2 mins read
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