$1.5M CryptoPunk bought for $23K, Coinbase’s NFT legal defense fund: Nifty Newsletter
Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.”
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Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections
“We are witnessing a drive to make financial risk a tawdry political issue," said Sarah Bloom Raskin. 591 Total views 17 Total shares Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward.According…

Trump election win could send BTC to $100K and propel altcoins further
Never has cryptocurrency been so connected with the US elections, the outcome of which could trigger a full-on bull market. What are the prospects if Trump wins?

FC Barcelona, Man City canceled crypto deals show cash is not everything
The sports industry should heed the warning signs as they adopt emerging blockchain technologies such as NFTs, experts warn. 1209 Total views 2 Total shares The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to…

Ethena assures users of solvency after Bybit hack
According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.

US Leads in Blockchain-Related Job Offerings Globally, Data Shows
The United States is the world’s leader in blockchain-related jobs, according to a research by The NextWeb (TNW) published on March 8.To prepare the report, TNW gathered information from job and recruiting site Glassdoor, finding all the job offerings that had the term “blockchain” in the job listing in countries around the world.The results reportedly…

Andreas Antonopoulos Slams Intuit After Payments Block for Crypto Use
American financial software company Intuit has apparently limited the account of one of the cryptocurrency industry’s best-known figures, Andreas Antonopoulos. In a series of tweets on Dec. 4, Antonopoulos stated that Intuit had prevented him from accepting credit card payments via its accounting services due to his use of cryptocurrency. According to Antonopoulos, who undertakes regular international…

Bitcoin metric with ‘100% long hit rate’ predicts $23K BTC price floor
Bitcoin (BTC) may offer investors a rare chance to buy at a support zone with a “100% long hit rate,” new analysis says.In its latest update piece on Aug. 29, crypto asset manager Capriole Investments told investors to watch for a BTC price dip to $24,000.Capriole founder “very confident” in $23,000 BTC price support Bitcoin continues…

Binance briefly pauses Ethereum withdrawals as network suffers ‘minor hard-fork’
Geth developers to blame? 852 Total views 10 Total shares The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair.While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and…