Reddit NFT avatars selling for a premium on OpenSea
Reddit’s launch of limited edition NFT avatars has led to a large premium on secondary sales on OpenSea. Sales of...
Day: September 6, 2022
Crypto investment product firm 21.co raises $25M to reach $2B valuation
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during...
Meta & Qualcomm to Develop Metaverse Geared Silicon to Be Used in Next Gen Headsets
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement...
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be...
Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project
Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be...
Exiled Myanmar democratic leaders want to issue CBDC to fund the revolution
The National Unity Government is considering using the country’s frozen reserves as a backing for the digital currency. Half a...
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
The public has been provided with 25 days to share their opinion on the proposed legislation. Australia’s ministerial department of...
Crypto assets are no longer niche and regulators need to catch up — IMF
Recent failures of crypto issuers, exchanges, and hedge funds have been a major motivator behind better crypto regulation. The past...
Binance: No plans to auto-convert Tether, though that ‘may change’
The crypto exchange was responding to questions from Cointelegraph after announcing it would cease trading support for USDC and two...
Ethereum domain names top Bored Apes on OpenSea’s weekly chart
Ahead of the upcoming Merge, ENS domains have reached the top of OpenSea’s seven-day chart in trading volume. Ethereum Name...
Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race...
IMF: Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments
The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative...
What New UK Prime Minister Liz Truss Says About Cryptocurrencies
Liz Truss, Britain’s new prime minister, previously said: “We should welcome cryptocurrencies in a way that doesn’t constrain their potential.”...
Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD
The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will...
