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Search Results for: Cryptocurrency

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

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

Uniswap Announces Integration of NFT Focused DEX, Sudoswap

In June, the protocol announced that it has acquired Genie. Sudoswap allows users to purchase or sell NFTs in a decentralized way. An NFT-focused decentralized exchange (DEX), Sudoswap is now being integrated into the largest crypto DEX Uniswap. It was announced today that Uniswap would be introducing NFTs “with full

July 23, 2022 2 mins read

Ethereum Whale Buys 150 Billion Shiba Inu (SHIB) Worth $1.75M

The buyer paid only $1 for the entire transaction worth millions. SHIB presently holds 4.8 percent of BlueWhale0159’s total token holdings. Shiba Inu was just acquired in bulk by an Ethereum “whale”. The Ethereum whale, whose alias is “BlueWhale0159,” spent nearly $1.75 million on SHIB tokens, according to WhaleStats. BlueWhale0159

July 23, 2022 1 min read

FTX All Set To Acquire South Korea’s Largest Exchange, Bithumb

Morgan Stanley was preparing to acquire Bithumb for $441 million in March. FTX bought the Japan-based exchange Liquid early this year. According to a report from Bloomberg on Friday, cryptocurrency behemoth FTX is close to acquiring South Korea’s largest cryptocurrency exchange, Bithumb. According to those with direct knowledge of the

July 23, 2022 2 mins read

California Lawmakers Lift Crypto Donations Ban For Political Campaigns

Anonymous or outside contributions will not be allowed under the new restrictions. All political campaigns must also have adequate KYC procedures. As a result of a decision by California lawmakers, the state’s restriction on crypto contributions to state and local politicians has been lifted. Donations of any size (within the

July 23, 2022 1 min read

Texas Widening the Exchange Options for Its Residents

RPT wants to establish a new clause in the Bill of Rights. The clause would permit people to possess any form of money including digital currency. The Republican Party of Texas (RPT) is planning to add a new amendment to the Bill of Rights, that would grant people in Texas

July 23, 2022 2 mins read