NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.
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German BaFin regulator cracks down on crypto ATMs
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.

Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency. 480 Total views 14 Total shares A recent report highlights that India’s growing demand for cryptocurrencies is driven by the need for lower remittance fees and a more stable currency to store value. The cryptocurrency…

Data Suggests Some Americans May Be Buying Crypto With Stimulus Check
Data suggests that a portion of the American population may be spending their coronavirus stimulus check on cryptocurrency. 1793 Total views 76 Total shares A chart published by Brian Armstrong, CEO of United States crypto exchange, Coinbase, suggests that a small portion of the American population may be using their coronavirus stimulus checks to purchase…

Ransomware Strikes Three US Universities
A ransomware gang claims to have successfully attacked three universities within the last seven days. They say that their latest attack was against the University of California San Francisco, or UCSF, on June 3.Cointelegraph had access to the evidence published by NetWalker, a group of hackers, on their official dark web blog. In this blog,…

Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low
Coins stationary for at least a year are suggesting that accumulation is done — something which traditionally accompanies the end of bear markets. 299 Total views 15 Total shares Bitcoin (BTC) may already be beginning its new macro uptrend if historical "hodl" habits repeat.That was the conclusion from research into the latest data covering the…

CFTC charges crypto futures trading platform for failure to register in the US
The CFTC is looking to make an unregistered foreign platform pay back U.S. investors in its crypto futures, suggesting expanding jurisdictions. 2442 Total views 26 Total shares On Monday, the Commodity Futures Trading Commission filed charges against Laino Group for soliciting U.S. investors to trade in futures on commodities including Ether, Litecoin and Bitcoin without…

150,000 Mt. Gox Bitcoin won’t trigger a correction anytime soon
There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records.Between 2011 and 2013, Mt. Gox lost 850,000 BTC in the biggest hacking attack in Bitcoin history. The trustee reportedly has 150,000 BTC to repay users who…

What are NFT mystery boxes, and how do they work?
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