$24M CryptoPunk sale shows either ‘NFTs are over’ or ‘this is the bottom’

Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days.

Venture capital firm Andreessen Horowitz (a16z) is opening a school specializing in startups aiming to develop cryptocurrency-related projects.Andreessen Horowitz unveiled its Crypto Startup School in an announcement on Oct. 3, saying that it intends to “encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.”Referring to the so-termed idea…

“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.” 620 Total views 9 Total shares In a draft of a statement expected to be released tomorrow, countries representing the world’s largest economies said that they would initially oppose the launch of Facebook’s Libra project.According to an Oct.…

Head of Facebook's Calibra claimed that the recent withdrawal of the seven firms from the Libra Association has no impact on the project.Dropouts will still be able to work with LibraIn an interview with Yahoo Finance on Oct. 15, Calibra’s David Marcus argued that Facebook’s cryptocurrency project is “absolutely not” in jeopardy after PayPal, Visa,…

The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against Telegram and its wholly-owned subsidiary Telegram Open Network (TON) for…

No blanket ban on the horizon, with an open "window" for experimentation in India says Nirmala Sitharaman 3097 Total views 22 Total shares Yet another “crypto ban” turns out to be temporary FUD.In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are overstated.…

Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s (ETH) technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance between $1,900 and $2,000.ETH held on exchanges hits an all-time low Exchange balances for…

Hong Kong’s securities and futures commission (SFC) is planning to introduce crypto regulation to protect investors, the SFC chairman told Hong Kong English-language newspaper the South China Morning Post (SCMP) Monday, Oct. 15.Chairman Carlson Tong Ka-shing — who will pass his position in the SFC to Tim Lui Tim-leung on Oct. 19 — said in…

Delphi Digital outlined that games could provide a core free-to-play experience for anyone to enjoy, while incorporating NFTs as part of expanded experience.. 142 Total views 7 Total shares Crypto research firm Delphi Digital has outlined possible ways in which gamers may accept nonfungible tokens (NFTs) as part of their gameplay experience, such as using…