When it comes to the trading card business, Topps are tops. The American company has been producing trading cards for MLB since the early 1950s. They are the kingpins of the sports card business and have stood as the industry standard-bearer for decades. Thus, when Topps opts to make a bold move into the world …
Continue reading “Topps Partners With Bundesliga For Inaugural NFT Launch”
August 30, 2021 – Road Town, British Virgin Islands OpenOcean, the world’s leading DeFi and CeFi full aggregator, is excited to announce that it is now live on Avalanche, a highly scalable and open-source platform for launching DeFi applications and multi-functional blockchains. The Avalanche integration enables OpenOcean users to take advantage of best prices with low …
El Salvador is pushing through with its plan to make Bitcoin (BTC) legal tender in seven days despite backlash from opponents of the move. In footage captured by Sharjah24 News, protesters who appear to be war veterans and ex-military express opposition to the new law spearheaded by President Nayib Bukele. ADVERTISEMENT Banners read “Veterans …
Crypto users between 30-39 years old in South Korea are reportedly the demographic with the most deposits on major exchanges in the country. According to a Sunday report from the Yonhap News Agency, South Korean residents in their 30s deposited roughly 2.2 trillion KRW — $1.9 billion at the time of publication — to crypto …
Continue reading “30-somethings led crypto purchases at South Korean exchanges in 2021”
Ripple has filed a motion to compel the United States Securities and Exchange Commission to disclose its internal cryptocurrency trading policies as part of the ongoing legal battle with the securities regulator. James Filan, an attorney closely following the SEC’s case against Ripple, shared a new motion document seeking to bring clarity to whether the …
Continue reading “Ripple files motion to expose XRP holdings of SEC employees”
Macrina Kgil, chief financial officer of crypto wallet provider and exchange Blockchain.com, said an initial public offering for the platform could happen as early as 2023. In a Forbes interview released on Monday, Kgil said Blockchain.com could consider an initial public offering in 18 months or more. The company had a $5.2 billion valuation following …
Although the cryptocurrency sector may still be considered the “Wild West” by some governments and regulators, continued adoption and emerging use cases show that digital currencies are here to stay. Some even argue that blockchain-based networks and decentralized finance, or DeFi, platforms may soon replace traditional financial systems. Yet despite ongoing progress, the crypto industry …
Continue reading “Recommending regulations: Crypto working groups make push for adoption”
Decentralized finance (DeFi) lending protocol Cream Finance has announced it lost millions worth of Amp token (AMP) and Ethereum (ETH) in a recent flash loan attack. The attack is being investigated by a blockchain security company PeckShield that discovered the exploited vulnerability and continues monitoring the flagged address. No other markets affected “C.R.E.A.M. v1 market …
The US Securities and Exchange Commission (SEC), an American agency that overlooks securities markets, has contracted one blockchain analytics firm to help monitor and regulate the burgeoning decentralized finance (DeFi) industry, as per a weekend report on Forbes. Spying on transactions Signed with AnChain.AI, the initial value of the contract is $125,000, with five separate …
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The latest research from crypto analytics company Nansen analyzed the flow of ether (ETH) that has come into the NFT market to determine whether it had any effect on ETH’s price. Nansen’s report analyzed both the primary and the secondary market for NFTs, following where the money projects receive from NFT sales goes. After following …
Continue reading “Here’s what happens to Ethereum (ETH) revenue after multimillion NFT sales”
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate has followed suit. Today’s top bitcoin mining rig …
The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as he prefers to call them, are not currencies because they fail to meet the standard of what constitutes a currency. Crypto and the Currency Test …
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press release PRESS RELEASE. August 2021, leading Crypto service comparison site – Cryptowisser, compares the two cornerstones of cryptocurrency, Bitcoin and Ethereum. The latest analysis of the market focused on the pioneering cryptocurrencies Bitcoin and Ethereum. But, differing from the usual Bitcoin vs Ethereum analysis, the focus is on the benefits of both and how …
Continue reading “Cryptowisser : Bitcoin and Ethereum Synergy Essential for Crypto Industry Growth”
On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations …
Popular on-chain analyst Will Clemente says that a Bitcoin supercycle is in the cards as long-term BTC holders are changing the market structure of the leading cryptocurrency. Clemente tells his 205,900 Twitter followers that the illiquid supply ratio, a metric that tracks the number of illiquid coins relative to overall BTC supply, has been in …
