Unlike traditional NFTs, phygital NFTs represent digital assets with physical components that can be used to purchase physical goods related to the asset or unlock exclusive experiences such as virtual concerts and artwork exhibitions. Phygital NFTs are a new type of NFT that combines the characteristics of both physical and digital elements by linking a […] The post...
A recent poll conducted by eToro shows that cryptocurrencies seem to be doing more successful in terms of adoption amongst women. The female gender ranks as the second most-widely owners of the digital asset. According to data provided to Cointelegraph by the eToro team, women now hold cryptocurrency second only to cash in terms of […] The post...
Japan’s Kanto Local Finance Bureau has extended the suspension of FTX Japan, the local subsidiary of the beleaguered cryptocurrency exchange, FTX, to March 9, 2023, the Japanese Financial Services Agency announced on Friday.
Finance Magnates reported last...
The idea comes after the country's recent attempts to use cryptocurrencies in its economy. Monday, Israel Ministry of Finance released a set of suggestions for how to regulate digital assets. This is a step forward for the country's move into the world of cryptocurrencies. The recommendations call for the creation of a new regulatory infrastructure […] The post...
Japanese messaging giant LINE has decided to shut down its Bitfront cryptocurrency exchange and will halt all withdrawals from the platform in March 2023.
Bitfront announced the development on Monday in a statement published on its website, noting the decision “is unrelated to recent issues related to certain...
The United States Securities and Exchange Commission (SEC) on Friday kicked off administrative proceedings against American CryptoFed, a Wyoming-based decentralized autonomous organization (DAO).
The regulator wants “to determine whether a stop order should be issued to suspend the registration of the offer and sale of two crypto assets, the Ducat token...
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia. On November 17, a bill to allow cryptocurrency mining and the selling of the cryptocurrency mined was submitted to the State Duma, the lower house of the Russian parliament. Russia presently prohibits the usage of […] The post Russian...
After Sam Bankman-FTX Fried's exchange failed, more and more crypto traders are turning to decentralized finance (DeFi) protocols. This is because Ethereum tokens are leaving big centralized crypto exchanges like Binance and OKX. Decentralized finance (DeFi) protocols are becoming more and more popular at the same time that there are more and more signs that […] The post...
Gate.io, a cryptocurrency trading company, is set to launch a new cryptocurrency exchange, GateTR, tailored to Turkey’s cryptocurrency market. The new platform was developed by the firm’s team over the last six months, Gate.io said.
The Gate.io Founder and CEO, Dr Lin Han, will announce the new venture at the Istanbul Blockchain Week, the firm announced on Monday, noting that it will...
Still, on the FTX liquidity issue, Bahamas securities regulators have frozen the assets of FTX.com an action regarded as a "prudent course" Over the past few years, FTX.com has operated out of the Bahamas, where it was registered. In order to determine if the corporation is sound or needs to be liquidated, the authorities have […] The post Bahamas...
The price of BTC is getting more volatile right around the time of the midterm elections. On November 10, the Consumer Price Index (CPI) inflation data will be released, which could have a big effect on the cryptocurrency market. Due to recent Bitcoin Price chaos in the cryptocurrency market, where the most important digital asset […] The post...
Analysis of the Litecoin price shows that the digital asset is in a strong uptrend after breaking through its key resistance levels at $55 and $58. Litecoin is now worth $60.17, which is an increase of 7.40% in the last 24 hours. Bulls seem to have a firm grip on the LTC/USD market, with strong […] The post Litecoin Breaks Out of its...
UBS AG claimed that its digital bond settles using atomic settlement technology via the SIX Digital Exchange (SDX). UBS AG introduces digital bonds that are traded on both traditional and blockchain exchanges On Nov. 3, the Swiss investment firm UBS AG unveiled its hybrid digital bond, claiming it to be the first publicly traded bond […] The post...
The NFT space has been, and continues to be, the recipient of tremendous popularity boost from celebrities, world-class athletes, and business organizations that pick non-fungible tokens as entry point to the ever-growing world of digital assets. This time, Warner Brothers joins the bandwagon as it partners with Nifty’s in order to...
The study found that the super-rich in the two regions are more interested in non-fungible tokens (NFTs) and decentralized finance (defi) products than they are in BTC and ETH. A recent study found that 34% of family offices and high- net-worth individuals (HNWI) from Singapore and Hong Kong have already invested in digital assets, and close […] The post...
A recent survey from Fidelity shows 58% of institutional investors already own cryptocurrency. Institutional Investor Presence In Crypto Sector Continues To See Growth This Year As per data from an institutional investor digital assets study by Fidelity, digital asset ownership among...
Bitcoin and non-fungible tokens are among the hottest trends in the crypto space today, and those with the wherewithal don't mind shelling out excessive amounts of dough to invest in them. On To Bitcoin… Even when currently trading at a price that is 72% lower than its November 2021 all-time high, BTC still leads all cryptocurrencies in terms of...
Following attacks that shook the industry, the International Criminal Police Organization (Interpol) established a specialized section to combat virtual asset crime worldwide. In the run-up to its 90th general assembly, scheduled for October 19–21 in Delhi, India, Interpol revealed at a press conference. High-ranking police chiefs from its 195 member nations will attend the gathering, […] The post...
Automated market makers are doing great things for the crypto industry by making it easier for people to use cryptocurrencies and making them more efficient. This is also good for investors. Automated market makers (AMMs) use liquidity pools instead of a traditional market with sellers and buyers to make it possible for digital assets to […] The post...
The report said that these tokens are making changes to the crypto consumer stack. Non-fungible tokens (NFTs) are becoming more important in business. In the beginning, they may have looked like speculative JPEG images, but now they are redefining the "crypto consumer stack" in terms of games, social, content, and commerce, brokerage and research firm […] The post...
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