$24M CryptoPunk NFT sold quietly as market interest fades

When the Securities and Exchange Commission gave its blessing to social media platform IMVU to launch VCOIN, it was a major leap forward for acceptable scope of crypto applications. The implications for what sorts of projects the SEC considers a security are, in and of themselves, huge. But part of the appeal of VCOIN to the…

This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX.

Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take center-stage once more — even as Cointelegraph Markets Pro subscribers had the opportunity to take major profits on altcoins such as Rally (RLY), Polygon (MATIC) and Ampleforth (AMPL).Since Markets Pro was launched in January, the Altseason…

Bitcoin (BTC) and cryptocurrency ATMs need a licensing scheme, authorities in the state of Nevada have officially announced.Bitcoin ATM operators must contact authoritiesIn a statement first reported on by local news media outlet Nevada Current on Aug. 28, the state’s finance regulator, the Financial Institutions Division of the Department of Business and Industry (NFID), said…

Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without revealing any information. The technology is vital for Ethereum layer-2 solutions to achieve blockchain scalability, and to the privacy and security…

India's Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project. 184 Total views 15 Total shares

When the Binance ban for users in the United States was first announced a few months ago, the market feared that significant volume and money would exit. Interestingly enough, as the launch of Binance America nears, altcoins are suddenly starting to move upwards with decent volume. Sell the rumor, buy the news.Cryptocurrency market 7-day performance. Source:…

Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other digital currencies started to move beyond just a store of value or thinking of Bitcoin as a commodity like digital…