Immutable shuts NFT marketplace, why Web3 gaming needs its own Steam: Nifty Newsletter
Immutable has wound down its NFT marketplace to allow marketplaces within its ecosystem to flourish.
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Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.
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Bitcoin Price Bulls Pin Hopes on Descending Channel Breakout to $10K
Bitcoin (BTC) price showed a bit of strength by briefly pushing to $9,235 as the daily close occurred but at the time of writing the top-ranked digital asset on CoinMarketCap is trading below the $9,200 resistance. Crypto market weekly price chart. Source: Coin360As discussed in the previous analysis by Cointelegraph Markets, the price remains pinned below…
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Market Mayhem: Bitcoin Sinks Below $3.4K, Ethereum Plummets to Double Digits
Friday, Dec. 7 — Crypto markets have today again taken a major downturn, with virtually all of the major coins by market cap seeing double digit losses. Some coins are down by over 20 percent, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) has taken a steep hit of over 11 percent on its…
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SEC Charges ICO Operator for Misrepresenting His Platform’s Technology
The long arm of the law comes for another ICO. The U.S. Securities and Exchange Commission, or SEC, publicized legal action against another 2017 Initial Coin Offering, or ICO. Boon.Tech and Rajesh Pavithran, the project's CEO, face fraud accusations from the commission, as well charges associated with securities registration, an Aug. 13 statement from the…
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Pet Stablecoins: Why Some Banks Issue Their Own Digital Tokens, While Others Don’t
This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field.IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many as six global banks might issue their own stablecoins on IBM’s blockchain-powered payments network, dubbed “Blockchain…
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Ethereum price hits a $1,500 all-time high as ETH options and DeFi heat up
Growth in DeFi, increasing on-chain activity and the strength of the bullish Ethereum options market helped send Ether price to a new all-time high at $1,500. 3238 Total views 17 Total shares The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, achieved a new all-time high at $1,500 today. Data suggest…
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SBF ‘optimistic’ about institutional crypto adoption in 2022
The founder of FTX exchange thinks the crypto industry will enjoy an increased rate of institutional adoption as regulatory clarity improves around the world. 944 Total views 34 Total shares FTX crypto exchange founder Sam Bankman-Fried is optimistic that clarity provided by regulators around the world will stimulate institutional adoption rates for crypto this and…
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Almost 80% of Square’s Cash App Q3 revenue was from Bitcoin
Square’s Cash App has increased Q3 Bitcoin revenue by 1,100% after more than $1.6 billion Bitcoin was purchased by users Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, has reported Bitcoin (BTC) has overtaken all other revenue sources, making up almost 80% of its entire revenue in the third quarter.In…