Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more

The rise of the nonfungible token (NFT) has been a sight to behold, with the market seemingly garnering an increased amount of mainstream traction with each passing day. To put things into perspective as to how big this space has actually become, conservative estimates suggest that the amount of money that has entered into this…

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Major United States-based firearms marketplace GunBroker.com will integrate a new stablecoin dubbed “FreedomCoin” as a payment method, according to a press release from the coin’s developers, Jan 29.Blockchain startup ICOx Innovations announced the coin today as a “new regulatory compliant corporate currency.” According to the firm’s press release, the token will be used to make…

The new coin suddenly appeared at the top of CoinMarketCap's rankings, but is WallStreetBets really coming to crypto? 2316 Total views 9 Total shares The influence of Reddit’s r/wallstreetbets sub has apparently spread to the cryptocurrency space, after a new coin appeared at the top of CoinMarketCap’s rankings on Jan. 29.Dubbed WallStreetBets (WSB), the new…

Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month.The combined capitalization of security tokens…

Coinbase announced a $1.5-billion bond sale shortly after the SEC threatened to sue the firm over its lending program. 1658 Total views 24 Total shares Coinbase, the largest cryptocurrency exchange in the United States, is planning to raise $1.5 billion via a debt offering, the company officially announced Monday.The Nasdaq-listed crypto exchange is looking to use…

The CeFi crypto lender faced a large fine spearheaded by the SEC this year and weathered the harsh crypto winter to come in as Inc. magazine’s No. 1 revenue gainer. 78 Total views 2 Total shares Inc. magazine has named BlockFi the fastest growing company in the United States in 2022. At the top of…

Microsoft-backed video game developer Wemade plans to further continue the legal battle against South Korea's largest crypto exchanges. 117 Total views 55 Total shares Own this piece of crypto history Collect this article as NFTA court in South Korea has supported the decision of local exchanges to delist Wemade’s Wemix (WEMIX) tokens, dismissing Wemade’s request…