NFT holders sue art gallery, Ubisoft to launch Web3 game: Nifty Newsletter
A group of NFT holders sued an art gallery, claiming it failed to deliver its promised metaverse club.
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Tether’s market cap is growing at a near-record pace
The market cap of USDT swelled by 1 billion over nine days. 529 Total views 7 Total shares The market cap of Tether (USDT), a U.S. dollar-pegged stablecoin, has surged in recent weeks, potentially helping to fuel the recent Bitcoin (BTC) rally that drove prices to near all-time highs. Paolo Ardoino, who serves as dual CTO…
US Partner of Crypto Exchange Huobi Rebrands as Huobi
HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. The rebranding was shared in a press release with Cointelegraph on Jan. 11.As reported, HBUS launched as a strategic partner of Huobi Group — the operator of the flagship Huobi Global…
BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe. 121 Total views 2 Total shares BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160…
Binance Research: Non-Economical Reasons Motivate Bitcoin SV Miners
The motivation driving Bitcoin SV (BSV) miners is non-economic in nature, according to a report released by major cryptocurrency exchange Binance on Dec. 18.Binance Research, the exchange’s research arm, has tried to estimate mining profitability for Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV. Interestingly, the calculations included in the report suggest that BSV miners…
Turkey targets Crypto with new 0.03% transaction tax
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes.
Crypto Markets Report Slight Gains While Gold Rises
Friday, March 22 — All the top 20 cryptocurrencies, except Tether (USDT), are in the green, having overcome yesterday’s drop.Market visualization from Coin360Bitcoin (BTC) is up 0.31 percent over the past 24 hours, and is trading at around $4,045 at press time. The coin started the day at $4,029, with a jump to as high…
FTX Japan reports $50M in withdrawals since Feb. 21
According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets. 57 Total views 2 Total shares Own this piece of history Collect this article as an NFTBankrupt crypto firm FTX’s subsidiary in Japan has reported thousands moved from…
BTC to end 2020 in style: 3 key factors predict Bitcoin price surge
The price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant cryptocurrency, three macro factors point at an optimistic medium-term trend. These macro factors hint at a positive medium-term to long-term price cycle but suggest that…