Trading on crypto exchanges fell for 3rd month straight in June: CCData
Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share.
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Pundi X Expands Crypto Payments to Venezuelan Department Store Chain
Cryptocurrency startup Pundi X has partnered with major Venezuelan chain Traki, who will now offer Pundi X’s blockchain-based point-of-sale devices for crypto payments.Pundi X announced the expansion in an official blog post on Aug. 20. The device, called XPOS, will reportedly allow Traki’s customers to pay with top cryptocurrencies Bitcoin (BTC) and Ether (ETH), as…
Blockchain Software Firm ConsenSys Acquires Asteroid Mining Company
Blockchain software technology firm ConsenSys Inc. has acquired American asteroid mining company Planetary Resources, Inc. through an asset-purchase transaction, according to an announcement published Oct. 31.Founded in 2009 and formerly known as Arkyd Astronautics, Planetary Resources is supposedly engaged in the exploration, extracting and refining of resources from asteroids. The company, which reportedly has over…
Senator Lummis urges clear crypto regulations after XRP ruling
The outcome of this case could establish a precedent that shapes the regulatory landscape for various digital assets within the United States. Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that the Ripple-associated token XRP should not…
Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading
Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants.The Meditarranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s order books, Tokenomica announced on its blog on Feb. 18. The exchange’s announcement made clear that other cryptocurrencies would…
Get ready for the feds to start indicting NFT wash traders
Studies show that most people who attempt to wash trade nonfungible tokens (NFTs) are unprofitable. But that doesn’t stop them from trying, which makes it a glaring regulatory and enforcement issue for the industry. In wash trading, manipulators buy and sell an asset between themselves to create the appearance that the asset is in higher demand…
$350M Ether set for withdrawal in next 9 hours — Can ETH price remain above $2.2K?
Ether could see a significant amount of sell pressure unlock at 8:00 pm UTC despite ETH fractals pointing at an imminent breakout.
Sotheby’s Metaverse announces latest and largest NFT charity auction
Proceeds will go towards Sostento, a nonprofit that supports frontline public health workers. 411 Total views 14 Total shares Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its latest NFT collection via the Sotheby’s Metaverse. The auction titled…
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity.The first beneficiariesForbes reported the news on Aug. 27. The sources named are Paul Schulte, who previously worked as head of the…