2021 continues to bear witness to the continual rise in non-fungible token (NFT) prevalence and innovation. Following on from 2020 – where the NFT market was claimed to have tripled in total transaction value – NFT sales in just the first quarter of 2021 reached over a whopping $2 billion. […]
There has been a lot of developments in the crypto space since its inception. But it seems that the regulatory authorities are wakening up to strengthen the system. Amid such concerns, Binance CEO, Changpeng Zhao, opines that the crypto industry might grow and develop, but the regulatory framework is not […]
Most American-based eToro users now prefer trading and holding Cardano’s ADA over Bitcoin according to new data shared by eToro. ADA was only the third most popular asset among these buyers in the second quarter of 2020 and the new ranking proves how popular it has become. This has probably […]
Bitcoin Cash (BCH) has made positive moves to the upside since June 23. Today, buyers are pushing the cryptocurrency higher as the market reaches the $526 high. Currently, BCH is facing a counterstand as price approaches the resistance zone. If buyers break above $540, BCH will rise to either $740 […]
FinCEN, the Financial Crimes Enforcement Network, announced yesterday that it has appointed Michele Korver, former Digital Currency Counsel at the Criminal Division of the US Department of Justice, as its first-ever Chief Digital Currency Advisor. According to the latest announcement, Korver will collaborate with internal and external partners to develop innovative […]
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried by local media explains, this threat from fintech services stems from their growing popularity with […]
Decentralized NSFW ecosystem Nafty has announced the official launch of the NAFTY token alongside three new content platforms. Nafty empowers adult content creators using blockchain via NAFTY, the governance token across the brand’s network. Nafty empowers its creators by removing intermediaries, offering low-cost payment solutions and marketing tools and helping […]
Finance Magnates recently got the chance to interview Howard Carr, Chief Executive Officer at Sheer Markets. As a respected opinion in the global financial services industry, Carr talks on the topic of Sheer Markets and the impact of how the landscape of FX is changing the industry as a whole. […]
India is getting closer to regulating cryptocurrencies on its own territory. The finance minister of India has presented an update on the country’s cryptocurrency bill, which the government has been working on. Crypto Regulations to Finally Come In? The Indian crypto bill was also included during the last budget session […]
One latest news making rounds in the crypto space is the new partnership between the digital payment platform-Allied Payment Network, and the Bitcoin subsidiary of Stone Ridge, a $10 billion alternative asset manager called NYDIG. Related Reading | GBTC Unlocks Spells Doom For Bitcoin? Top Expert Breaks It Down The […]
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