New wave of GameFi projects are costing millions of dollars to develop

Seychelles-based cryptocurrency exchange BitMEX is reportedly in trouble. Soon after Nouriel Roubini, a New York University professor of economics and anti-cryptocurrency pundit, criticized BitMEX of violating regulations, it was reported on July 19 that United States Commodity Futures Trading Commission (CFTC) is opening an investigation into BitMEX on whether it broke the law by allowing…

An upcoming merger is slated to see Diginex’s newly launched Equos exchange become the first crypto trading platform listed in the United States. 542 Total views 8 Total shares Blockchain-powered financial services company Diginex launched its new Equos digital asset exchange on July 30.The exchange will initially host crypto asset spot trading, with plans for…

Paxful CEO Ray Youssef said U.S. regulators “don’t get it,” but infighting in the C-suite may have played a role in the company’s closure as well. 334 Total views 1 Total shares Own this piece of history Collect this article as an NFTPeer-to-peer cryptocurrency marketplace Paxful announced on April 4 that it was suspending operations.…

Low-yielding dollar savings accounts aren’t cutting it for Americans anymore. 2562 Total views 22 Total shares A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC).High saving rates, low yieldsBecause of the COVID-19 lockdown, the personal savings rate in the U.S. is…

In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country.Speaking to Cointelegraph, Malta’s Junior Minister for Financial Services and Digital Economy, Bartolo Clayton, reaffirmed that Binance has never been licensed in the jurisdiction:“As informed by the Malta Financial Services Authority, which is…

Wednesday, Oct. 24: crypto markets have continued trading sideways today, remaining relatively stable over the past 10 days, according market capitalization data from CoinMarketCap.Most of top 20 cryptocurrencies by market cap have seen insignificant fluctuations over the past 24 hours, with many slightly in the green.Market visualization from Coin360Bitcoin (BTC) is slightly up by 0.24…

The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk's bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%. DOGE's price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger a…

Lithuanian authorities held a seminar examining the “threats and potential benefits” of Initial Coin Offerings (ICO) to the country’s economy, a press release reported Wednesday, October 3, amid an ongoing investigation into cryptocurrency trading habits.The Financial Crime Investigation Service (FCIS) organized the meeting, which included representatives from government ministries, the central bank, and the General…

News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions. 691 Total views 13 Total shares Amid a bullish mainstream market, news of Coinbase's reported traditional stock market listing could prove timely alongside other companies similar public listing efforts. "When good times are rollin in the stock market, people want to…