Digital art venue MakersPlace shuts down amid NFT market decline
New MakersPlace accounts were disabled immediately, but users can still purchase NFTs on the platform until it shuts down completely.
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PayPal integration bridges fiat-crypto gap for bitFlyer Europe users
bitFlyer Europe has added one more fiat deposit option. 1247 Total views 18 Total shares The European subsidiary of bitFlyer, one of the largest Japanese cryptocurrency exchanges,has integrated PayPal deposits to their platforms.The official announcement calls bitFlyer’s integration with the internet payment giant a significant move in bridging the gap between the fiat and cryptocurrency…

21-year-old got ‘thought-provoking’ questions after teaching crypto to old folks
When assisted senior living home The Preston of the Park Cities approached Owen Robertson to hold a course on crypto, NFTs, and the Metaverse for their residents, the 21-year-old didn’t expect how quickly they’d pick up on the complex topics. Speaking to Cointelegraph, the Quai Network marketing associate, board member of the Mccombs blockchain initiative, and…

Korea’s Largest Internet Firm Kakao Is Running a Crypto ICO That Is Not Subject to SEC Scrutiny
Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay.In March, Kakao released its initial attempt to conduct a token sale by establishing an entity in Switzerland. But, with…

Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally continue?
With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC's coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over the past 24 hours and nearing its all-time high. The current highs above $27 is an increase…

Brazilian securities regulator approves Ether ETF
The fund, which will trade on Brazil's B3 stock exchange, uses custodial services provided by the Winklevoss twins' United States-based Gemini. 495 Total views 4 Total shares Brazil's Comissão de Valores Mobiliários (CVM), the country's securities regulator, has approved an Ether (ETH) exchange-traded fund (ETF), according to an announcement by QR Capital, the holding company…

Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme," which netted an estimated $8.4 million from victims.

Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD
China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket bans on crypto-commerce have not altered the long-term growth of cryptocurrencies. This shows that no one country, even if it is the second-largest economy in the world, can halt the emergence…

Synthetix Reverses Oracle Error-Caused Misplaced sETH in Exchange for a Bug Bounty
Following a recent oracle issue, asset issuance platform Synthetix will reverse the misplaced 37 million synthetic ether (sETH) in exchange for a bug bounty, Synthetix founder Kain Warwick stated on June 25.According to the statement, Synthetix has now resumed trading and transfers after the platform yesterday suffered an oracle error that led to several trades…