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NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
4.11.2023
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 million, reaching $405 million...
Coinbase user agreement dispute reaches US Supreme Court
4.11.2023
The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses
HSBC Launches Tokenization Platform for Gold Markets
4.11.2023
HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated that these gold tokens will be tradable using...
SafeMoon addresses recent exploits amid SEC charges
3.11.2023
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly
Ripple to power Georgia’s central bank digital currency, the digital Lari
3.11.2023
The National Bank of Georgia will use the CBDC platform to assess Digital Lari's benefits for the government, businesses, and retail users
These 3 coins could be the kings of utility tokens
3.11.2023
Utility tokens have emerged as an essential part of the cryptocurrency world, being more than a mere means of payment. However, they provide a particular value with a platform or ecosystem instead. Utility tokens differ from security tokens, whose holder becomes a shareholder with a percentage...
Dubai Financial Services Authority Adds XRP and Toncoin to List of Recognized Tokens
3.11.2023
The Dubai Financial Services Authority (DFSA) has expanded its recognition of digital assets, adding Ripple (XRP) and Toncoin (TON) to its list of officially recognized tokens. This development underscores the DFSA’s commitment to creating a conducive regulatory environment for digital...
Elon Musk Criticizes NFTs on Joe Rogan Podcast, Delighting Bitcoin Enthusiasts
2.11.2023
Tesla chief, X owner, and well-known Dogecoin (DOGE) proponent Elon Musk has taken a swipe at non-fungible tokens (NFTs), and his comments have resonated with Bitcoin (BTC) enthusiasts. During a recent appearance on the “Joe Rogan Experience” podcast, Musk criticized the notion that...
Games Backed by Disney, Alibaba, Google, Square Enix Will Build on Immutable zkEVM, ‘Blockchain Gaming to Become Synonymous with Gaming’
2.11.2023
Three new upcoming games from Australia and Asia-based teams have committed to building on Zero-Knowledge (ZK) proof-based scaling rollup Immutable zkEVM. In an interview with Cryptonews, Michael Powell, Product Marketing Lead at Web3 gaming platform Immutable, discussed the relevance of ZK...
Major Token Unlocks in November: Aptos, Avalanche, Hashflow Take the Spotlight – Huge Sell-Off Incoming?
2.11.2023
November is seeing a wave of token unlocks from leading crypto projects, including Aptos, Avalanche, and Hashflow, which will dump over $320 million worth of tokens on the market. Among them, Aptos, a layer-1 blockchain project led by former Meta executives, will witness the most substantial token...
Dubai VARA grants 'initial approval' to crypto firm WadzPay
2.11.2023
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities
Hong Kong issues rules for asset tokenization as interest mounts
2.11.2023
Hong Kong's securities regulator, the SFC, treats tokenized securities like traditional securities, subject to the same legal and regulatory norms
Multichain Bridge Exploit: Trader’s $280K Becomes $1.9 M Windfall
2.11.2023
A wallet address has managed to transform nearly 1.9 million Fantom tokens, initially worth $280,000, into $1.9 million after the long-frozen Multichain Bridge momentarily opened. The Multichain Bridge, which had been inactive since its exploitation back in July 2023, opened and quickly closed...
Ripple’s legal chief questions SEC case losses under Gensler
2.11.2023
Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Chair Gensler’s leadership
Tether’s Q3 Financial Disclosure Highlights $3.2B Surplus, $1.7B in Bitcoin Reserves
1.11.2023
On Tuesday, Tether Holdings Ltd.’s financial statements for the third quarter of 2023 were validated by BDO, an internationally known independent public accounting firm. The firm gave an assurance opinion, revealing $3.2 billion in surplus reserves supporting the company’s tokens...
HSBC and Ant Group test tokenized deposits under HKMA sandbox
1.11.2023
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners
Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance
1.11.2023
Lightbound disclosed that he owns Bitcoin himself but won’t advocate for people to buy it but rather study it
Mox Capital Pours $410 Million into Exploring the Future of Digital Assets – Crypto Funding Making a Comeback?
1.11.2023
Alternative investments think-tank Mox Capital says it’s seeking out ideas to fund and help them “get off the ground quicker.” Therefore, according to the press release, the group has committed $410 million in order to, as it said, “further explore digital assets.”...
White House’s AI Safety Order Leads to Slide for AI Tokens
1.11.2023
President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework...
AI-Related Tokens Stumble After White House Executive Order
31.10.2023
Issued Monday, President Biden's executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled