Rare Ape CryptoPunk sells for $1.5M, Magic Eden dominates NFT trading volume: Nifty Newsletter
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.
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$510B crypto sell-off wipes 2024 gains for top 50 coins
Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.
Crypto Research Firm Launches Disclosure Database for Digital Assets
Cryptocurrency data and research company Messari is launching a disclosures registry for basic cryptoasset information, according to a press release published Nov. 27.Messari is a New York-based startup, which provides insights, markets data, and research tools in the crypto industry for investors, regulators, and the general public. In March, Messari secured between $1–$5 million in…
Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote
While the FSS' standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established, a uniform evaluation system will be put in place. 235 Total views 19 Total shares The Korean Financial Supervisory Service (FSS) has announced that it will be standardizing the way…
ICE Officially Confirms Dec. 9 Launch of Cash-Settled Bitcoin Futures
The Intercontinental Exchange (ICE)’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin (BTC) futures contract.In a news release published Nov. 22, ICE — the operator of 23 leading global exchanges, including the New York Stock Exchange — revealed that the contract will be listed on ICE Futures Singapore as of Dec.…
Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President
The European Union (E.U.) will focus on the development of crypto asset classification and regulatory mapping, European Commission Vice President Valdis Dombrovskis claimed at a recent meeting of Economic and Financial Affairs Council (Ecofin) in Vienna.According to Dombrovskis, crypto assets are “here to stay,” and the crypto market still “continues to grow” despite “recent turbulence.”The…
Northern Trust Hands Off Blockchain Solution to Fintech Firm
Northern Trust has handed over its blockchain platform to fintech firm Broadridge Financial Solutions, according to a press release on June 26.The Chicago-based asset management firm Northern Trust has handed over its blockchain-based private equity (PE) management solution to Broadridge for further improvement.The platform purports to streamline and automate certain tasks, such as middle office…
Large VCs are sidelining smaller crypto investors, PwC crypto lead says
Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation. 112 Total views 1 Total shares As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a…
Maple Finance secures SEC exemption for on-chain Treasury Pools
Launched in April, the USDC Pools were previously accessible only to non-U.S. accredited investors. 194 Total views 5 Total shares Blockchain institutional capital marketplace Maple Finance has secured an exemption from the United States Securities and Exchange Commission (SEC) to offer its one-month U.S. Treasury yields to accredited investors in the U.S.Before the Aug. 9…