The leading German stock market operator – Deutsche Börse – noted that cryptocurrency exchange-traded products (ETPs) had been highly attractive options for investors over the past year. The company outlined that the average monthly trading turnover in crypto ETNs surged to more than $1 billion, or +922%, than in 2020 ($115 million). Crypto ETPs with...Read More
One simple mistake cost a trader $500,000, sparking intense debate in the Ethereum community over security and user experience. To Lose $500K Worth of WETH A post titled “Did I just lose half a million dollars by sending WETH to WETH’s contract address?” made its way to the top of r/ethereum. “Sent ETH to WETH...Read More
Bored Ape Yacht Club (BAYC) non-fungible NFT collection continues to see increased demand, with the latest example recently sold at a value of over $2.8 million. On the night of January 30, 2022, Bored Ape #232 was sold for a whopping 1080.69 ETH ($2.85 million). The sale happened on the NFT marketplace – LooksRare. The...Read More
Bakkt – a digital asset management platform – has seen its shares plummet since going public in October. Trading at over $40 on October 29th, its stock is now as cheap as $3.96 on the NYSE. Down Alongside Crypto According to Google Finance, Bakkt’s stock peaked following its public listing on October 18th. It had...Read More
[PRESS RELEASE – Please Read Disclaimer] Huobi Global, one of the world’s leading digital asset exchanges, today announced the launch of a trading fee rebate campaign for USDT-margined futures, becoming the first cryptocurrency exchange to offer maker fee rebates (as high as 0.015%) for all users. The platform also offers amongst the lowest taker fees...Read More
The Asian country has dabbled with what sorts of tax it should put on cryptocurrency mining, trading, and transacting for months. However, the Financial Times reported that the authorities had ultimately decided to abandon the idea to tax transactions. Citing Thailand’s new revenue department rules, the FT said the authorities no longer want to implement...Read More
Functional nonfungible tokens are set to play a bigger role in the PlayMining Metaverse with the launch of its first collection of “Land NFTs” in the coming months. Advertisement The PlayMining Metaverse is home to popular play-to-earn games such as JobTribes, the card trading game, Puzzle×JobTribes and Lucky Farmer, and is dominated by so-called “Creator...Read More
Cardano startup project Ravendex will be holding its AMA on Bitmart Exchange on the 31st of January 2022. Advertisement What is an AMA? AMA or Ask Me Anything in crypto is an online session where a crypto project team ex-pert conduct live sessions for the crypto investors, buyers, or the general public to ask them...Read More
By Brian Armstrong, CEO and Co-Founder Commerce pioneer and respected open-source programmer, Lütke will bring his global experience and perspective to bear as Coinbase seeks to expand its international footprint and build new products I’m excited to share that Tobias “Tobi” Lütke, CEO and founder of Shopify, will join Coinbase’s Board of Directors*. Tobi brings...Read More
Days after its US branch raised $400 million, so has done the global exchange FTX. Thus, its total valuation grew to $32 billion. CryptoPotato reported last week the funding round in which FTX US raised $400 million from different investors such as Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings. Less than a week later,...Read More
A few years after launching the Secure Asset Fund for Users (SAFU) initiative, Binance has updated it, and its value rose to $1 billion. This comes amid the growing number of hacks and security breaches in the cryptocurrency industry. The announcement from the company described the product as an “emergency insurance fund” established by the...Read More
International sports betting and gambling company – Entain – plans to invest $133 million to establish a global innovation lab focused on entertainment experiences in the Metaverse. Specifically, the company intends to fund start-ups and develop applications for non-fungible tokens (NFTs). Entain Diving in The Metaverse In a recent interview for CNBC, Entain’s Chief Executive...Read More
[PRESS RELEASE – Lausanne, Switzerland, 31st January 2022] Alephium, an innovative Layer 1 blockchain announces today its first official listing on the top 10 exchange Gate.io. Gate.io First to List ALPH Token “We are very happy to have partnered with Gate.io for our first listing, this is a strong vote of confidence in our tech,...Read More
With the beginning of the fresh week, the crypto space yet again drained out the profits and approached the initial levels yet again. Bitcoin price which was speculated to surpass $39,000 is yet again hovering around $37,000. And hence the altcoins like MATIC price is going inversely parabolic to hit the lower support in the...Read More
The NASDAQ-listed software giant will have a two-day virtual event to educate large businesses about the merits coming from putting BTC on their balance sheets and many more initiatives related to the cryptocurrency. Michael Saylor, MicroStrategy’s CEO and a prominent bitcoin bull, announced the event on his Twitter account on Sunday, informing that it will...Read More
The leading Metaverse crypto coin Decentraland’s MANA is up over 25% this week as crypto markets are starting to recover and trade sideways. The recent price hike comes amid the AO Metaverse party featuring Steve Aoki, Masked Wolf & Tigerlily. Let’s take a closer look at Decentraland and its token MANA and see why the...Read More
We’re happy to announce that our BMEX Token Litepaper is now live. And get ready: we’re airdropping over a million BMEX tomorrow. All BitMEX users who are eligible for the airdrop will be able to start staking BMEX from tomorrow at 10:00 UTC onwards.Since the launch of BMEX, we’ve received a tremendous amount of interest...Read More
