The Non-Fungible Token (NFT) market is the hottest new cryptocurrency, but it’s unclear if a platform like Ethereum is poised to capture these gains. An NFT is the registration of ownership of a digital object on a blockchain. An NFT is a right to a stake in the ownership of […]
The U.S. Securities and Exchange Commission (SEC) attempts to stop XRP holders from joining the on-going lawsuit as third parties. In a letter to Judge Analisa Torres, the SEC’s Senior Trial Attorney Jorge Tenreiro argued that XRP holders had not clarified their actions. What’s more, Tenreiro states consolidation/coordination of claims […]
Credit card and payments giant, Visa is launching a pilot program that would allow its partners to settle fiat transactions on the Ethereum blockchain. The new program is the result of a collaboration with Crypto.com. Through the new program, the credit card issuer’s partners will have the ability to exchange […]
Within the same month, Norwegian billionaire investor Øystein Stray Spetalen has gone from dismissing Bitcoin (BTC) as a “nonsense currency” to revealing that he has joined the board of Norway’s top domestic crypto exchange MiraiEx. Spetalen’s former position was that cryptocurrencies such as Bitcoin should be “immediately” banned by the […]
Cryptocurrency Klaytn (KLAY) has jumped above $4 for the first time in its history after the digital asset gained nearly 20% within the last 24 hours. The total market cap of Klaytn touched $10 billion on 29 March. According to the latest data published by Coinmarketcap, Klaytn (KLAY) is now […]
Paysafe’s Skrill digital wallet has partnered with digital cryptocurrency platform provider Coinbase to expand its cryptocurrency offering in the US. The deal will see Coinbase provide a new white label crypto solution to Skrill, enabling customers across 37 states and territories to buy and sell multiple cryptocurrencies. Skrill’s crypto offering, […]
Nomura Holdings, the Japanese financial services giant, and Credit Suisse, a Swiss-based bank, announced today that the companies have suffered heavy losses from a US-based hedge fund. In separate announcements, Nomura and Credit Suisse mentioned that the recent incident could have a major impact on the upcoming financial results. According […]
Bitcoin holders are not planning to sell the digital currency even at a price level of $55,000. According to the latest data published by on-chain crypto market analysis firm Glassnode, around 45.3% of Bitcoin supply has not moved in the last 2 years, the highest level in 3 months. Glassnode […]
The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. New Crypto Disclosure Requirements The Indian Ministry of Corporate Affairs (MCA) issued a notification last week mandating companies […]
After a 20.3% rise in the last 24 hours, 314.7% in a month, and 4336.6% in a year, it is undeniable that Decentraland (MANA) is in a bull-run with a high probability of prolonging. An extension of the NFT craze, this platform applies a similar approach, but to digital real […]
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