Bitcoin hot on the heels of Google as market cap nears $2 trillion
Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.
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Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs)…
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OpenSea to enforce creator royalties on all collections after community outcry
The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post. NFT marketplace OpenSea has announced it will continue to enforce royalties across all collections going forward, following outcry from creators earlier this week for considering otherwise. On Nov. 7 OpenSea announced they were launching an on-chain tool…
Huobi Global controlling shareholder to sell entire stake to About Capital
As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives. 284 Total views 22 Total shares
Malta Regulator Tells Blockchain Companies to Wait Before Applying for Approvals and Authorization
The Malta Financial Services Authority (MFSA) said in a statement that blockchain companies have to wait until a recently passed framework comes into force before applying for approvals and authorizations, news outlet Times of Malta reported July 20. In a statement issued today, the MFSA said it is developing a new framework that will back…
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
The exposure amounts represents a small fraction of the firm's $1.5 billion in liquidity. 600 Total views 4 Total shares In its latest quarterly earnings call on Nov. 9, blockchain financial services firm Galaxy Digital disclosed that it had an exposure of $76.8 million consisting of cash and digital assets to troubled cryptocurrency exchange FTX.…
Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears
Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak.Matthew Goettsche and Jobadiah Weeks submitted separate motions petitioning the Essex County Correctional Facility in Newark, New Jersey for their release on March 20 and 23,…
Cointelegraph expands to Middle East and North Africa with a new franchise
Cointelegraph MENA will cover the top news and technological developments in each country in the region in Arabic. 231 Total views 19 Total shares Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media…