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Search Results for: ADA

Yuga Labs Parts Ways With OpenSea Over Creator Royalties

Bored Ape Yacht Club (BAYC) NFT collection developers Yuga Labs announced their intention to end their partnership with OpenSea. This is in reaction to the platform’s anticipated move toward a discretionary royalties structure. Royalties will no longer be required for new collections after August 31, 2023. This is under a

August 19, 2023 1 min read

Whopping 98% Drop Witnessed in Bitcoin Ordinals NFT Trading Volume

According to DappRadar, trading volume for the Bitcoin Ordinals NFT has plummeted by about 98% since May, indicating a severe decline in user engagement. DappRadar reported on August 17 that the overall sales volume of Bitcoin Ordinals has dropped from $452 million in May to under $3 million as of

August 19, 2023 1 min read

XRP and LTC Became the Top Losers, Decline 17%

The trillion-dollar crypto market witnesses yet another notable 24-hour drop of over 6%. Prices of the largest crypto members declining to further lows — Bitcoin (BTC) dropped below $26,500 and Ethereum (ETH) below $1,700 — drew major attention. Amid this downtrend, Ripple’s XRP and Litecoin (LTC) recorded maximum double-digit losses

August 18, 2023 2 mins read

Coinbase Secures Approval To Offer Crypto Futures Trading in U.S

The National Futures Association of the US CFTC has granted Coinbase Financial Markets, a futures commission merchant registered with the CFTC, approval to provide crypto futures trading to qualified consumers in the US. Despite a lawsuit by the US SEC, this is a huge win for Coinbase and the cryptocurrency

August 16, 2023 1 min read

Coinbase Utilizes Open Banking by Trustly for Canadian Expansion

SAN CARLOS, Calif.–(BUSINESS WIRE)–Today, Trustly announces its alliance with Coinbase as an integral part of its commitment to offer Canadians secure and simple account-to-account payments. With Trustly’s Open Banking Payments, Coinbase users can deposit and withdraw funds directly from their bank account from/to their crypto wallet. A robust regulatory framework

August 16, 2023 3 mins read

Shibarium Launch Today. How Will Shiba Inu (SHIB) React?

Toronto, Canada – The highly anticipated moment for Shiba Inu has arrived as blockchain enthusiasts gather at the Blockchain Futurist Conference 2023. Shiba Inu’s long-awaited layer 2 blockchain, “Shibarium,” is all set to make its public appearance today at 5.35 EDT. The excitement has been building ever since the official

August 16, 2023 2 mins read

Binance Shuts Crypto Payments Within One Year of Launch

Binance, a major player in the cryptocurrency exchange arena, has declared the upcoming closure of its crypto payments platform, Binance Connect. The platform, previously named Bifinity, is set to be deactivated on August 16th. This action follows merely one year after its initiation in March 2022. The reason behind this

August 16, 2023 1 min read

Blockchain Futurist Conference Launches Today With Record-Breaking Attendance

ETHToronto Hackathon, Captivating NFT Galleries, UNNY Token Rewards, and More Await Attendees at Canada’s Largest Blockchain Gathering TORONTO–(BUSINESS WIRE)–Blockchain events company Untraceable launches its fifth annual Blockchain Futurist Conference today with a stellar lineup of speakers and record breaking attendance, along with exciting new event offerings and activations. Held at

August 15, 2023 4 mins read

$133 Million Worth of SAND Tokens Unlocked by The Sandbox

A total of 332,000,000 SAND tokens, or around 16% of the total circulating supply of the digital asset, have been unlocked by The Sandbox. At the moment of unlock, the tokens were valued at around $133 million. Token Unlocks, a tracker that keeps tabs on vesting schedules, reports that 71M

August 14, 2023 2 mins read