China’s Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes

Advertisements NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies. China’s highest national agency responsible for legal prosecution has warned non-fungible token (NFT) digital collections share “the attributes of virtual assets,” which are banned in the country. The Supreme People’s Procuratorate of theContinue reading “China’s Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes”

Axie Infinity Game Launches on Apple App Store In Key Markets

Advertisements The card-based strategy game Axie Infinity: Origins will open access to Apple users across Latin America and Asia as it continues its global expansion. Sky Mavis, the creator of non-fungible token (NFT) project Axie Infinity, is launching its Axie Infinity: Origins card game on the Apple App Store in key markets where the gameContinue reading “Axie Infinity Game Launches on Apple App Store In Key Markets”

One Million Individual Wallets Now Hold a Whole Bitcoin

Advertisements A major bump in such wallets came after the implosion of crypto exchange FTX between November and January. Individual wallets holding at least one bitcoin (BTC) set a milestone figure earlier this week, suggesting long-term sentiment for the tokens remains intact even as broader markets weigh down bitcoin prices. Data from the on-chain analyticsContinue reading “One Million Individual Wallets Now Hold a Whole Bitcoin”

The New Crypto Cycle Will Be About Ether Yields: Bernstein

Advertisements Ether staking trends following the Shanghai upgrade have beaten expectations, the report said. Pressure on zero-yield generating bank deposits is expected to continue, which makes ether (ETH) yields more attractive, Bernstein said in a research report on Monday. Currently, the flight is from bank deposits to the U.S. Treasury money markets, but as theContinue reading “The New Crypto Cycle Will Be About Ether Yields: Bernstein”

EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off

Advertisements The landmark Markets in Crypto Assets regulation was given final approval by the EU’s Council, which also agreed a new law for sharing data on crypto tax holdings. Landmark new crypto rules were signed off on Tuesday by finance ministers of the European Union (EU). The EU’s Council, which represents 27 member states, unanimouslyContinue reading “EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off”

Prudential thông báo chương trình hỗ trợ khách hàng khôi phục hiệu lực hợp đồng bảo hiểm đã hủy

Advertisements Với mong muốn hỗ trợ khách hàng tiếp tục kế hoạch bảo vệ tài chính trước những rủi ro trong cuộc sống, Công ty TNHH BHNT  (Prudential Việt Nam) chính thức thông báo Chương trình Khôi phục Hợp đồng Bảo hiểm (HĐBH) đã hủy, áp dụng từ ngày 09/05/2023 đến ngày 31/07/2023 dành choContinue reading “Prudential thông báo chương trình hỗ trợ khách hàng khôi phục hiệu lực hợp đồng bảo hiểm đã hủy”

Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade

Advertisements The upgrade is set to go live on mainnet at noon UTC on Monday. Bitcoin Cash (BCH) prices jumped as much as 6% ahead of a mainnet upgrade that will allow developers to issue tokens atop the network, among other enhancements. The ‘hard fork’ is scheduled for about noon time UTC on Monday. AContinue reading “Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade”

Ether Holders Embrace Near Month-Long Wait for Staking ETH

Advertisements Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday. Crypto investors looking to earn yields on their ether (ETH) holdings have to wait nearly a month before they can be set up as network validators on Ethereum. Data from two sourcesContinue reading “Ether Holders Embrace Near Month-Long Wait for Staking ETH”

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

Advertisements A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC. The U.S. Securities and Exchange Commission (SEC) wants to revise a $22 million penalty set on crypto startup LBRY to $111,614, according to court documents from Friday. The regulatorContinue reading “SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K”

Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale

Advertisements The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents. Hive Blockchain (HIVE) revealed a plan to roughly double its computing power, or hashrate, to 6 exahash/second (EH/s), in a press release on Friday. The miner will fund its growth target throughContinue reading “Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale”

Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity

Advertisements Tokens issued on Bitcoin ran to a cumulative market capitalization of as much as $1.5 billion earlier this week before sharply correcting. A group of developers have deployed Uniswap’s smart contracts onto the Bitcoin network to capitalize on the rise of BRC-20 tokens and develop the decentralized finance (DeFi) ecosystem. Called Trustless Market, theContinue reading “Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity”

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe

Advertisements The U.S. regulatory body is investigating related party transactions that may have violated securities laws. Marathon Digital Holdings (MARA), one of the largest publicly traded crypto miners in North America, reported a narrower-than forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift the Florida-based company back toward profitability.Continue reading “Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe”

Ether Selling Pressure Post-Shanghai Upgrade Was ‘Non-Event,’ Says Nansen

Advertisements The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals. In hindsight, the selling pressure of ether (ETH), Ethereum’s native token, turned out to be a “non-event” following the Shanghai upgrade, which enabled staking redemptions for the first time, according to a report fromContinue reading “Ether Selling Pressure Post-Shanghai Upgrade Was ‘Non-Event,’ Says Nansen”

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