A 3D glass-wearing CryptoPunk just got sold for $1 million

Take the crypto world, mix in a little punk and you have yourself a recipe for success. Just this week, Punk #561 has been sold for 375 ETH ($1,041,344.97 USD). Punk 561 bought for 375 ETH ($1,041,344.97 USD) by 0x18ee9c from 0xd1e70f. https://t.co/ke2AkDU7Zf #cryptopunks #ethereum pic.twitter.com/ueOS3u4tLv — CryptoPunks Bot (@cryptopunksbot) August 6, 2021 So what …

Wu-Tang Clan’s Ticalion Stallion Method Man to Drop ‘Tical World’ NFT Comic Art

Clifford Smith Jr., better known by his stage name Method Man from the rap supergroup the Wu-Tang Clan, announced plans to launch a non-fungible token (NFT) collection called “Tical World.” The tokenized comics and Killa Beez-centric art was designed by the New York artist Alex Smetsky. Wu-Tang Member Method Man to Launch Killa Beez-Centric NFTs …

Dogecoin Captures Double-Digit Gains This Week — One Address Still Holds 28% of the DOGE Supply

The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains. Dogecoin’s Weekly Gains Outshine the Competition, Google Trends …

US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’

U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do so would drive innovation offshore. Senator Mike Lee Warns …

Here’s What’s Next for Bitcoin Now That It’s Above $42,000, According to On-Chain Analyst Will Clemente

Closely followed on-chain analyst Will Clemente is laying out what he thinks is next for Bitcoin (BTC) now that it’s broken resistance at $42,000. In a new interview with Anthony Pompliano, Clemente says Bitcoin’s 200-day moving average will play a crucial role ahead and could act as a signal for big money players who have …

Binance US CEO Suddenly Steps Down, Cites ‘Differences’ With Colleagues

Brian Brooks is resigning as chief executive officer of crypto exchange Binance.US just three months after he was appointed to the position. ADVERTISEMENT   Brooks unveils to his 57,900 followers the reason behind his sudden departure.  “Greetings crypto community. Letting you all know that I have resigned as CEO of ⁦⁦⁦BinanceUS. Despite differences over strategic direction, …

Top Crypto Trader Predicts End of Dogecoin’s Bear Trend, Says One Sleeping Giant Could Be Ready To Surge

A high-profile trader says that Dogecoin (DOGE) and one other asset are preparing for liftoff as Bitcoin edges toward $45,000 and Ethereum reclaims $3,000. In a tweet to his 156,000 followers, Smart Contracter predicts that Dogecoin will break out of its bear trend and skyrocket to as high as $0.41. ADVERTISEMENT   “Woof woof, DOGE …

Are Bitcoin Bulls Back? Crypto Hedge Fund Executive Lists 3 On-Chain Metrics Showing BTC Strength

Lex Moskovski, chief investment officer (CIO) of crypto-focused hedge fund Moskovski Capital, is listing what he thinks are positive signals in three on-chain metrics as Bitcoin bulls attempt to spark a new uptrend. Moskoski says that Bitcoin entities, or active addresses on the BTC network, have recently reached a new all-time high (ATH). ADVERTISEMENT   …

Cardano Testnet Now Supports Smart Contracts With Rollout of Critical Alonzo Update

Input Output Hong Kong (IOHK) says it is gearing up to roll out the final phase of Cardano’s Alonzo update, which will bring smart contract capabilities to the world’s fifth-largest crypto by market cap. The Cardano developer tells its 145,000 Twitter followers that the Alonzo Purple testnet is up and running and is undergoing an …

SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real SEC Chairman Gary Gensler talked about bitcoin and cryptocurrency regulation …

S2F Creator Plan B ‘Reconfirms’ His Confidence in Bitcoin Forecast — ‘This Bull Is Not Over and $64K Was Not the Top’

Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.” On August, 6, Plan B is still showing confidence in his forecast and reconfirmed his message from last month. Meanwhile, bitcoin prices have been able to bounce back and on Sunday, …

Port Finance to List on AscendEX

press release PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim to provide a comprehensive suite of lending products, …

UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland

British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto companies. Standard Chartered to Provide Crypto Custody to Institutions in Ireland Zodia Custody, …

NFT Gaming Explodes, With Axie Infinity Surging to $1,000,000,000 in Sales

Play-to-earn game Axie Infinity (AXS) just breached $1 billion in all-time sales, adding to the surging popularity of games based on non-fungible tokens (NFT). The online video game developed by Sky Mavis allows players to generate profits through buying, breeding and selling digital pets known as Axies. Each Axie is minted as an NFT, enabling …

Bitcoin can’t be viewed as an untraceable ‘crime coin’ anymore

Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to this shared sense of skepticism. There is no denying that cryptocurrency has and continues to be used for illicit activities …

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