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New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges

October 25, 2022 by

Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges.

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Ethereum’s Merge won’t stop its price from sinking

October 24, 2022 by

Ethereum became deflationary after its September Merge. But for now, it’s not going to make much of a difference.

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Criminal use of crypto an ‘emerging threat’ — Australian police

October 24, 2022 by

Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.

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Global Bitcoin payments market projected to reach $3.7B by 2031: Research

October 24, 2022 by

Private keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks and emerging economies continue to grow.

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Volumes on crypto investment products drop to 2-year low: CoinShares

October 24, 2022 by

Digital asset investment products recorded $5 million worth of cumulative weekly outflows in what CoinShares describes as an “apathetic period.”

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Reddit NFT trading volume hits all-time high as wallet holders near 3 million

October 24, 2022 by

Meanwhile, the minting volume of nonfungible tokens have been declining steadily.

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Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

October 24, 2022 by

The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter.

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Tel Aviv Stock Exchange to create crypto platform

October 24, 2022 by

The five-year plan includes tokenizing various classes of digital assets and smart contracts.

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Tesla’s Bitcoin losses rise to $170M in the first 9 months of 2022

October 24, 2022 by

The electric vehicle maker’s actual BTC losses are far lower, with $64 million worth of previously realized profits to offset the decline.

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Bitcoin ‘6-8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip

October 24, 2022 by

Volatility is closing in, but traders may have to wait until the end of the year if history repeats itself, one analyst warns.

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What are governance tokens, and how do they work?

October 24, 2022 by

Governance tokens allow users the opportunity to take on a more active role in managing decentralized projects.

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Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

October 24, 2022 by

MATIC has painted a bull flag setup with a profit target sitting nearly 100% higher than its current price.

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Women remain bullish on crypto investment despite market lull: Survey

October 24, 2022 by

As the crypto winter rages on, new data from BlockFi reveals that women investors are still bullish on crypto, with 22% intending to buy in the next 12 months.

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Japanese port city wants to become the Web3 hub for the country

October 24, 2022 by

Through a new collaboration with Astar Japan Labs, the city of Fukuoka aims to become the Web3 hub of the country, akin to Silicon Valley.

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How not to Bitcoin: User pays 1000X fee to send 4 BTC

October 24, 2022 by

What could have inspired a Bitcoin user to overpay by 1,000 times the asking price to move roughly $63,000 in Bitcoin?

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Pan-African crypto exchange Yellow Card wins virtual asset license

October 24, 2022 by

Yellow Card CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country.

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Ethereum at the center of centralization debate as SEC lays claim

October 24, 2022 by

Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high.

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Fireblocks launches crypto payment engine with Checkout.com and Worldpay as pilot partners

October 24, 2022 by

Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine.

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The Madeira Bitcoin adoption experiment takes flight

October 24, 2022 by

An update on the Bitcoin rollout on the Portuguese archipelago of Madeira, which according to entrepreneur Jeff Booth is “a bigger Bitcoin Beach but in the EU.”

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S. Korean watchdog goes after crypto whales to ensure AML compliance

October 24, 2022 by

The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets.

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Santander bank trials blockchain platform for used cars in Brazil

October 24, 2022 by

Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July.

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Japan’s International Payments System will test plastic cards for CBDC

October 24, 2022 by

Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.

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Web3 grows in online searches as interest in Bitcoin declines: Google Trends

October 24, 2022 by

Online searches for the term “Bitcoin dead” reached an all-time high owing to peak anxiety among investors amid ongoing selloffs at the time.

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Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week

October 24, 2022 by

October 2022 has yet to prove itself as analysts predict “wild” Bitcoin price volatility for November.

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FTX to give a ‘one-time’ $6M compensation to phishing victims

October 24, 2022 by

FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.”

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Ripple’s lead engineer to exit after nearly a decade with the firm

October 24, 2022 by

Nik Bougalis primarily worked on open-source code projects for the payments-focused XRP Ledger, with the recent push to introduce NFTs being a key implementation of note.

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Fidelity to beef up crypto unit by another 25% with 100 new hires

October 24, 2022 by

The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.

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Mango Market exploiter brags after rug pulling Mango Inu ‘shitcoin’

October 24, 2022 by

Avraham Eisenberg is at it again, following up his exploit of Mango Markets by deploying a new ‘shitcoin’ named Mango Inu to purportedly swipe liquidity from bot traders.

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Crypto platform Freeway halts services citing ‘unprecedented volatility’

October 24, 2022 by

Cryptocurrency platform Freeway has halted transactions and services related to their “Supercharger” high-yield product until further notice.

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Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more

October 24, 2022 by

The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground.

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