Guild of Guardians pre-game registrations hit 133K as NFT sales surge

Guild of Guardians was developed by Stepico Games, a Ukraine-based game developer, and published by the Australian-based marketplace Immutable. The community behind Guild of Guardians, an NFT-based role-playing game, appears to be enthusiastic about the forthcoming title after they snatched up nearly all of the NFTs that were part of the so-called founder’s sale.  Since …

Polygon committing $10M to reach 1M users using 0x API

The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem.” The network onboarding a large number of decentralized applications aims to hit one million users through 0x’s decentralized exchange liquidity aggregator API. In an announcement today, Polygon said its project would be committing $10.5 million towards securing decentralized finance …

Bullish Bitcoin newsflow gives bulls a boost ahead of Friday’s $565M options expiry

Bullish Bitcoin maneuvers from El Salvador, Victory Capital and MicroStrategy saved the day by giving bulls a much-needed boost and balancing out Friday’s BTC options expiry. On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a …

Sotheby’s auction sets new world record for $11.8M CryptoPunk sale

“NFTs are dead,” said the previous owner of the COVID Alien artwork once the auction closed. Luxury auction house Sotheby’s made waves on social media on Thursday following the sale of one rare CryptoPunk. In a tweet from Sotheby’s, the auction said CryptoPunk #7523 — also known as “COVID Alien” — sold in its London …

Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century

It’s grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report. Bitcoin (BTC) gained more free publicity this week as inflation data showed that prices are rising faster than even experts had anticipated. The latest Consumer Price Index (CPI) report on June 10 from the United States Bureau of Labor …

Dogecoin to the Moon: Everything You Need to Know About DOGE In 2021

Dogecoin is one of this year’s most notable cryptocurrencies. Year-to-date, it has risen in value by more than 13,000%, placing it among the seven largest coins by market cap. Here’s what you should know about Dogecoin, its future potential, and its risks. What Is Dogecoin? Dogecoin was created in 2013 by Billy Markus and Jackson …

Google reversing crypto ads ban a testament to blockchain market maturity?

Since 2018, tech giant Google has been in an on-and-off relationship with crypto, but can the latest favorable outlook stick? The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services …

The global corporate tax rate: crypto savior or killer?

The newly proposed global tax rules will drastically influence all international companies, with crypto being a target as well. At a meeting in London earlier this month, the finance ministers from the G7 — the United States, Japan, Britain, Germany, France, Italy and Canada — unanimously agreed to begin creating the framework for a global …

Bitcoin part of highest risk category in Basel’s new bank capital plan

The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin. The Basel Committee on Banking Supervision (BCBS), a global committee of banking supervisors and central banks, has proposed new requirements for banks that want to hold cryptocurrencies like Bitcoin (BTC). In a consultation paper published Thursday, the …

The female speakers who made an impact at Bitcoin2021 in Miami

There may not have been as many female speakers at Bitcoin 2021, but the women who presented were phenomenal. Here’s why. Dubbed as “the largest Bitcoin event in history,” Bitcoin 2021 consisted of 12,000 attendees from across the globe. Undoubtedly, Bitcoin (BTC) adoption is growing at an impressive rate. Yet judging by the attendance at …

India to reportedly ditch Bitcoin ban agenda in favor of asset classification

Indian state officials are reportedly no longer keen on banning Bitcoin and a crypto regulatory bill may be up for discussion during the Monsoon Session of Parliament. The tide may have finally turned for cryptocurrencies in India as reports indicate a softer stance by the government toward crypto. According to a report by The New …

Stablecoins not that radical, says Bank of England official

The Bank of England’s executive director of the Financial Market Infrastructure Directorate says that stablecoins are hardly “launching us off into some brave new world.” There has been much commotion about stablecoins among central bankers, regulators and lawmakers in recent years, most notably in the furor surrounding Facebook’s repeated attempts to launch variously designed stablecoins …

Fantom to pilot blockchain-based IT solutions in Uzbekistan

Fantom’s presence in Central and South Asia has expanded to Uzbekistan, with the partnership focusing on upscaling the country’s information technology infrastructure. The Fantom Foundation has announced a joint venture with AG Mentors Group headed by former Uzbekistan Deputy Prime Minister Elyar Ganiev. According to the announcement published on the Fantom Blog on Wednesday, the …

JPMorgan points to weak Bitcoin futures as signal for bear market

Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted. JPMorgan’s cryptocurrency market analysts have pointed to the difference between Bitcoin’s (BTC) spot prices and BTC futures prices as a potential bearish sign for the market. In a Thursday note to clients, JPMorgan analysts …

Wallet provider Ledger raises $380M to welcome DeFi ecosystem

Now valued at $1.5 billion, Ledger aims add new products to its hardware and software wallet portfolio. Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings. Known for its Ledger Nano S and Nano X hardware wallets, …

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