Magic Eden Foundation launches ME token for cross-chain trading

Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1 and this move dented the risk on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2 and the cryptocurrency market’s recovery stalled in its tracks.However, after the knee-jerk reaction, the markets may settle down. The cryptocurrency markets…

In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit. 215 Total views 10 Total shares Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings.Delio’s staking services expand its existing…

As the Bitfinex hack recovery ensued, crypto figures across social media shared their thoughts, raised questions and expressed disbelief. 129 Total views 13 Total shares On February 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6 billion,…

The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history. 

The country's finance minister admitted to not having enough information to make a fateful call. 203 Total views 3 Total shares Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term.Responding to the general discussion of the 2022–23…

Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law.Unhappy buyers have claimed that their right to a refund is protected by a 1997 European Union law that requires any person or business…

The United States Internal Revenue Service (IRS) has argued that its summons on major American crypto exchange Coinbase is indeed legitimate in a recent filing.Per a Nov. 15 filing, the U.S. tax agency told a California federal court that its investigation of Coinbase customer William Zietzke is completely legitimate. Zietzke claims summons was issued outside IRS's…

Tokenization has given rise to the “Internet of Value,” an era in which financial assets — or any assets with underlying value — can be easily transferred peer-to-peer over the internet. While revolutionary, tokenization has largely remained a concept embedded strictly within the cryptocurrency space. Yet as the need for digitized processes continues to impact…