Fake TRUMP and MELANIA tokens record $4.8M inflows in 24 hours
Copycat tokens claiming to be the official TRUMP and MELANIA coins recorded $4.8 million in purchases in 24 hours from 12,641 wallets.
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Digital payment ecosystem MobileCoin raises $66M
Venture capital continues to back promising blockchain and crypto plays. Some of the industry’s biggest investors participated in MobileCoin’s Series B. 788 Total views 66 Total shares MobileCoin, a crypto-focused digital payment ecosystem, announced Wednesday that it has concluded a $66 million funding round as part of a wider effort to bring more of its…

Gensler hints Grayscale ruling forced SEC to take ‘new look’ at Bitcoin ETFs
The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright. U.S. Securities and Exchange Commission chair Gary Gensler has hinted that the regulator has been rethinking its approach to spot Bitcoin exchange-traded products following a recent Grayscale court decision.Speaking to CNBC

Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion
SoftBank Group Corp (SFTBY), the parent company of Fortress Investment Group is expected to lose $12.5 billion for the fiscal year that ended in March, per an April 13 report from Bloomberg.WeWork — $24 billion lossIt seems that Vision Fund is the main culprit of the anticipated loss. SoftBank Group announced that it would lose…

KuCoin crypto exchange debuts USDT-dominated NFT ETF
KuCoin's new investment product aims to increase the liquidity of and access to leading nonfungible token collections such as BAYC. 293 Total views 30 Total shares Seychelles-headquartered cryptocurrency exchange KuCoin has launched an exchange-traded fund (ETF) tied to major nonfungible token (NFT) assets like Bored Ape Yacht Club (BAYC).KuCoin’s NFT ETF Trading Zone went live…

7th Global Blockchain Congress by Agora Group on June 21 and 22, 2021
The seventh edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21 and 22, 2021, in Dubai. 2320 Total views 11 Total shares The seventh edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21 and 22, 2021, in Dubai. This…

Fruits of the land: Blockchain traceability gives farmers a competitive advantage
The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture alone accounted for 4% of global domestic product, or GDP, f the United States in 2018. The report further noted that agriculture could account for more than 25% of GDP in developing countries. Meanwhile,…

Bitcoin seller exhaustion hits 4-year low in ‘typical’ bear market move
Low volatility and high on-chain losses for Bitcoin, but overall UTXOs in loss still have a way to go to match previous market bottoms. 400 Total views 5 Total shares Bitcoin (BTC) sellers may not have capitulated enough, but current trends are “typical” of the end of bear markets.According to data from on-chain analytics firm…

‘We saw mainstream adoption for NFT art kicking off in 2021,’ says NFT.NYC co-founder Cameron Bale
For the past three years, NYC.NFT has been the leading annual gathering in the nonfungible token and digital blockchain art world. This year, over 5,500 attendees and 135 sponsors joined debates, talks, workshops and briefings in the namesake event. In an exclusive ask-me-anything session, Cameron Bale, co-founder of NYC.NFT, joined Cointelegraph Markets Pro users to discuss…