Monthly NFT sales fall below $400M, marking yearly low

Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed teases over rate hikesData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours.The pair had returned…

At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics.By definition, NFTs are unique pieces of digital content brought and moved online using blockchain tech,…

According to Bloomberg, financial giant Western Union has made an offer to purchase cross-border payments company MoneyGram. 1518 Total views 47 Total shares Western Union might be purchasing cross-border payments company MoneyGram.According to a June 1 article on Bloomberg, the payments giant recently made a takeover offer for MoneyGram. If successful, this would combine the…

The financial regulator said the theme for 2023's National Financial Capability Month was "investing for everyone," but seemed to associate crypto with scams and fraud. 199 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission has announced a series of educational events…

Miami is quickly becoming the crypto capital of the United States. In August of this year, the Magic City was the first state in the U.S. to launch MiamiCoin (MIA), its very own cryptocurrency used for civic engagement. A few months later, Mayor Francis Suarez announced that every Miami resident with a digital wallet will be…

Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails our financial system.Unfortunately, those claims

The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements. 164 Total views 1 Total shares A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues such as leaked

The United States House of Representatives finally elected a speaker last week, concluding a four-day, 15-ballot ordeal that left many wondering if political gridlock was now the new normal in the U.S., and if so, what the consequences would be. For example, were the concessions made by Republican Kevin McCarthy to secure his election as speaker…

Mergers. They're a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven't been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup Neutrino in February for what turned out to be a fee of $13.5 million.…