Popular NFT collections take massive price hit in 2023

The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.” 86 Total views 6 Total shares Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play…

On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market.The move provides a curious juxtaposition for the social media giant, which banned cryptocurrency-related advertising across its network back in January…

The price of Bitcoin (BTC) faces two crucial events on Dec. 1 right after the weekly and monthly candles close. The upcoming weekly candle close is particularly noteworthy because it could mark the first red weekly candle since late September. The monthly candle will be significant since it would mark the highest close in Bitcoin’s…

“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin. 581 Total views 18 Total shares MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds. Saylor told Bloomberg on Tuesday, that he’d love to see the day…

Blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1® to publish a blockchain game based on the world-renowned racing series. The news was revealed in a press release from Animoca published on March 26.Formula 1® — which reportedly draws ~1.6 billion television viewers across over 180 territories and engages…

Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month. 2235 Total views 14 Total shares While many decentralized finance (DeFi) tokens suffered heavy losses last month — prompting hastily written obituaries about the DeFi “bubble” — metrics measuring user activity saw sustained sector-wide growth.According to…

French financial technology firm ID Distribution announced a joint venture with local real estate firm Groupe JRI, amining to tokenize Paris properties. 1333 Total views 31 Total shares French fintech firm ID Distribution announced a joint venture with local real estate firm Groupe JRI, amining to tokenize various properties in Paris.According to a June 17…

After first raising concerns about the wallet, Michael Benko noted he was pleased to finally get an official answer about the mysterious whale wallet. 665 Total views 7 Total shares After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified…