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Nifty News: Trump’s NFTs tank, NBA star’s collection gone in 77 seconds and more…

December 21, 2022 by

NFT gaming is at a similar stage to the early mobile gaming days, says a Magic Eden exec, while an analyst from Dune Analytics claims 58% of NFT trading volume this year has been wash trades.

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Celsius amasses 30 potential bidders for its assets, withdrawal motion approved

December 21, 2022 by

The bankrupt lender is set to hold auctions for its assets in January, while it’s been given the green light to return some customer funds.

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SBF signs extradition papers, set to return to face charges in the US

December 21, 2022 by

The FTX founder has reportedly signed on the dotted line, bringing him a step closer to returning to US soil.

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Who has returned donations or contributions from FTX amid the firm’s reputational risks?

December 20, 2022 by

Politicians and news organizations have reportedly planned to return roughly $6.6 million in donations from FTX — a mere fraction of the crypto exchange’s estimated contributions.

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Uniswap to allow users to buy cryptocurrency using debit and credit cards

December 20, 2022 by

Users of the decentralized exchange will also be able to use bank transfers to purchase crypto.

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4 legislative predictions for crypto in 2023

December 20, 2022 by

We may not see much from Congress, but there is a chance the SEC will continue making crypto policy via litigation.

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Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse

December 20, 2022 by

Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates.

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Binance joins lobbying group as criticism of the exchange ramps up

December 20, 2022 by

The exchange has come under increasing pressure from critics after the collapse of its rival, FTX.

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Auros Global expects to resume regular operations following restructuring plan

December 20, 2022 by

The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse.

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Blockchain VC funding surpasses 2021 total despite declining since May

December 20, 2022 by

After a tumultuous year in crypto, investors are now more selective with their funding.

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Former Diablo Immortal devs pick ImmutableX for upcoming Web3 MMORPG

December 20, 2022 by

Metaverse Game Studios announces partnership with blockchain gaming platform ImmutableX to power upcoming Web3 gaming title Angelic.

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Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG

December 20, 2022 by

The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.

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What it’s actually like to use Bitcoin in El Salvador

December 20, 2022 by
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‘Forget a pivot’ — markets won’t see Fed rate cut boost in 2023, says analyst

December 20, 2022 by

Bitcoin, stocks or else, there is now no light at the end of the Fed rate hike tunnel in 2023, says Jim Bianco.

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Waves founder announces new stablecoin as USDN depegs

December 20, 2022 by

Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable.”

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3 reasons why BNB price risks another 30% decline by January

December 20, 2022 by

BNB has entered the breakdown stage of its prevailing ascending triangle pattern alongside some negative fundamentals that can push price further down.

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Game developers expect to work on Web3 games in the future: Survey

December 20, 2022 by

A new survey showed that developers believe that integrating Web3 will have an impact in terms of user acquisition and retention.

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Update: Cointelegraph’s crypto intelligence platform is turning 2

December 20, 2022 by

Research suggests that historical analysis of crypto markets, combined with real-time conditions and investor sentiment, can be extremely informative.

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Sango Coin listing postponed by Central African Republic

December 20, 2022 by

As the first country to adopt Bitcoin as legal tender in Africa, the Central African Republic appears to be struggling with its investor-oriented token, Sango Coin.

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Animoca Brands is the most funded metaverse developer in 2022: Nasdaq

December 20, 2022 by

New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups.

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South Korean court freezes $92M in assets related to Terra tokens

December 20, 2022 by

The CEO of Terraform Labs’ affiliate firm Kernel Labs reportedly held the largest amount in illegal proceeds from Terra.

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Projects would rather get hacked than pay bounties, Web3 developer claims

December 20, 2022 by

After reporting and helping patch a smart contract vulnerability, the developer claims that the projects he helped started to ignore him.

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Bringing community-based solutions to crypto lending can solve trust issues

December 20, 2022 by

The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution.

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Crowdfunding gets leg up from Lightning Addresses on Bitcoin

December 20, 2022 by

Lightning Addresses allow individuals to crowdfund on Bitcoin at the speed of the Lightning Network and without a node.

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Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar

December 20, 2022 by

BTC price sees short-term relief as the DXY falls, but Bitcoin analysts warn that Japan’s move means carnage for global markets.

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One-third of singles are ready to date in the Metaverse: Survey

December 20, 2022 by

Data from a new survey from Dating.com says the metaverse can help propel dating into the future, especially as avatars become more reflective of users.

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Busan city drops global crypto exchanges from its digital exchange plans

December 20, 2022 by

FTX was one of the key exchange partners for Busan city, but its recent collapse made the administration reconsider its plans of onboarding third-party crypto exchanges.

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Police body cam leaks suspect’s seed phrase during vehicle inspection

December 20, 2022 by

A viral video making rounds on Twitter showed two police officers searching a suspect’s car and coming across pieces of paper, one of which contained seed phrases.

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Coinbase CEO: Regulate centralized actors but leave DeFi alone

December 20, 2022 by

Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.

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BlockFi files motion to return frozen crypto to wallet users

December 20, 2022 by

Crypto lender BlockFi has asked a U.S. Bankruptcy Court for the authority to return the crypto held in BlockFi Wallets to users.

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