Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.
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Bitcoin DEX Bisq Sees Record Volume After Localbitcoins Bans Cash
P2P bitcoin (BTC) trading platform Bisq is seeing record trading volumes as users drop Localbitcoins, data from monitoring resource Coin Dance confirmed this week. Bisq, the DEX formerly known as Bitsquare, is a decentralized application facilitating crypto-to-fiat trades without a formal intermediary. For the week ending June 22, the most recent period for which data is available,…

Boom! Kraken Predicts Imminent Bitcoin Price Rally of Up to 200%
After record strength in the Bitcoin markets at the end of July, Kraken is predicting that BTC could see price gains of up to 200% over the coming weeks and months. Major U.S.-based crypto exchange Kraken has released a report predicting that Bitcoin (BTC) will rally by between 50% and 200% in the coming months.The…

Crypto Custodian BitGo Launches Staking Services for Dash, Algorand
Digital asset financial services firm BitGo has launched a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust.A press release published on Oct. 3 revealed that the new service will initially launch with altcoins Dash (DASH) and Algorand (ALGO), with more assets to be supported in the…

MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022
Cryptocurrency mining has become a hot topic of conversation over the past couple of years due to its lucrative nature and the impact the industry has on the environment. The emergence of Web3 and the increased presence of Internet of Things (IoT) devices has led to a new class of low-cost mining protocols with low-power network…

Crypto Markets See Few Gains as Most of Top Coins Are Slumping
Sunday, August 26: after a short recovery yesterday, crypto markets have again declined somewhat, with only three out of the top 10 cryptocurrencies by market cap seeing green today. Market visualization from Coin360 Bitcoin (BTC) is one of the fortunate ones, up less than one percent on the day, trading at $6,740 as of press…

Bitfinex donates 36 BTC to Salvadoran businesses to support economic development
El Salvador officially made Bitcoin legal tender in September 2021; since then, the Latin American country has placed BTC near the center of its economic growth strategy. 553 Total views 6 Total shares Cryptocurrency exchange Bitfinex has donated 36 Bitcoin (BTC) and $600,000 worth of Tether (USDT) to small businesses in El Salvador as part…

47% of traditional hedge funds maintain crypto exposure: Report
A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.

Vitalik Buterin Warns High Fees Threaten Ethereum’s Security
As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network. Ethereum (ETH) co-founder Vitalik Buterin has called for reform to the cryptocurrency’s fee system, warning that rising transaction fees could undermine the security of the network.The idea is based on a paper…