NFTs start December with a $187M weekly sales volume
Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.
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Venture capital recedes from crypto in Q3, but not all is bleak: Report
In 2022, it’s no surprise that most assets are in a bear market. People have a variety of signals they look for when determining a good time to enter the market, and Cointelegraph Research’s Venture Capital Report for Q2 revealed that VC inflows stagnated at just above $14 billion last quarter, the same as Q1.However,…

Nansen acquisition enables staking services to over 20 blockchains
Nansen expands its services by acquiring StakeWithUs, enabling users to stake assets onchain across 20+ blockchains.

Bitcoin Halving Will be ‘Make or Break’ for Stock-to-Flow Model: PlanB
The creator of the stock-to-flow (S2F) Bitcoin (BTC) price model says that the upcoming block reward halving will decide if it lives or dies.In a series of tweets on April 16, PlanB said that he is sticking by the Bitcoin price increasing by “an order of magnitude” in the two years after the May halving.Analyst…

Nomura’s crypto arm Laser Digital bags Dubai VARA license
Laser Digital said it would also launch trading and asset management operations in the coming months, including over-the-counter (OTC) service. 16 Total views 39 Total shares The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) amid the Japanese financial holding’s attempts to leave its mark in the…

Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
Bitcoin’s (BTC) price continued its downtrend Wednesday ahead of the testimony from United States Federal Reserve Chairman Jerome Powell.The spot BTC/USD exchange rate fell to its 17-day low of $31,600 following a 3.46% intraday dip. Meanwhile, CME futures tied to the pair plunged 3.41% to $31,515, extending their week-to-date losses to 9.5%.Bulls step in at…

Swisscom will become a Chainlink node operator
"Making reliable off-chain data available on decentralized networks is a critical success factor for the future development of digital assets,” said Dominic Vincenz. 527 Total views 51 Total shares Switzerland-based telecommunications company Swisscom has said it will join Chainlink’s oracle network as a node operator. In a Thursday announcement, the telecommunications firm said it would be…

Harmony offers $1M bounty, but is it big enough?
The Harmony team says it will offer $1 million to the hacker who exploited the Horizon Bridge for $100 million, but that may not be enough to get the funds back. 580 Total views 45 Total shares The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million…

Witnesses offer differing opinions on approach to stablecoins at congressional hearing
The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear regulatory framework but could not seem to agree on where lines would be drawn.In a Tuesday hearing on “Stablecoins: How do They Work, How Are They Used, and What Are…