On Wednesday (August 25), the teams behind two of the most crypto projects announced the results of an integration that is “the result of many months of close collaboration.” And on Tuesday (August 24), Osprey Funds signalled its intention to launch a private Solana fund. In a press release issued […]
English billionaire and Moneysupermarket.com founder Simon Nixon has plans to increase his crypto investments through his London-based venture capital firm. According to a Bloomberg report on Thursday, Adam Proctor, managing director for Nixon’s investment firm Seek Ventures, said that the company intends to increase the “allocation to crypto as we […]
In episode 2 of More Than Money, host Patrick Thompson is joined by Unbounded Capital partner Dave Mullen-Muhr to discuss the trending digital currency memes, Bitcoin SV market price, Unbounded Capital’s decision to support BSV after a lengthy relationship with BCH, lack of interest of investors and traders in BSV, […]
The price of Cardano (ADA) has bottomed at $2.52 after the recent rejection at $3.0. Today, bearish momentum broke through $2.60 support, which has held for three days. Prior to the recent decline, Cardano was trading in a price range between $2.60 and $2.80.The current decline has freed altcoin from […]
Pyth Network, the cross-chain oracle solution delivering real-time, institutional-grade market data to DeFi applications, has announced that it will be launching on the Solana Mainnet. The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. The network […]
Ethereum found support near $3,080 and recovered higher against the US Dollar. ETH price is now struggling to clear the $3,200 resistance and the 100 hourly SMA. Ethereum found support near $3,080 and it started a fresh upward move. The price is now facing resistance near $3,200 and the 100 […]
OnlyFans has made a sharp u-turn on its decision to ban sexually explicit content after it received a backlash from creators and some new assurances from at least one bank suffering bad PR. The platform became wildly popular by connecting online sex workers to subscribers, but this has not gone […]
The Brazilian central bank is looking to regulate digital currencies as the country takes to digital payments. The president of the Central Bank of Brazil has been pushing for friendlier regulations for the sector and in a recent event, he revealed that the bank is seeking to establish regulatory clarity […]
U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business. An announcement on Aug. 25 reported that Fox Corporation’s investment marks the completion of Eluvio’s Series A funding round at a valuation of $100 million. Eluvio […]
The Philippines’ Department of Finance (DOF) has issued a notice requiring people who earn profits through games like Axie Infinity to be taxed, even if they’re cryptocurrencies or non-fungible tokens (NFTs). According to the Inquirer, these earnings must be taxed as incomes. “Whoever earns currency from it, it’s income you […]
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