The US Securities and Exchange Commission (SEC) has recently taken action against Consensys Software Inc., a prominent player in the cryptocurrency industry. This move marks another significant step in the SEC’s ongoing efforts to regulate the digital asset market. In…
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US Increases Reward to $5 Million for OneCoin Ruja Ignatova
US authorities have heightened their efforts in the ongoing pursuit of justice against the notorious OneCoin cryptocurrency scam. The State Department has announced an increase in the reward for information leading to the arrest and conviction of Ruja Ignatova, co-founder…
Binance closes loophole in Link Plus program, affecting prime broker revenues
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced significant changes to its Link Plus program. These changes, effective July 1, are set to close a loophole that prime brokerages have been exploiting to increase their revenues. This…
South Korea Hashed Ventures Expands in Abu Dhabi Crypto Hub
Hashed Ventures, a prominent digital-asset investment firm based in Seoul, South Korea, is making significant strides in expanding its global presence. The company’s recent move into Abu Dhabi highlights the UAE’s growing appeal as a hub for cryptocurrency and blockchain…
PlayGround partners with SKALE to expand Web3 gaming ecosystem
In the dynamic world of crypto gaming, PlayGround stands out as a premier publishing and user acquisition partner. With a vision to create a multi-modal user acquisition (UA) protocol, PlayGround connects millions of mainstream players from around the world through…
Montenegro Prime Minister Invests Personally in Kwon’s Crypto Holdings raises controversy
Montenegro’s Prime Minister Milojko Spajic’s investment in Terraform Labs Pte cryptocurrency holdings has come to light through US court filings, raising critical questions about his connections to the now-collapsed company and its founder, Do Kwon. This revelation has sparked significant…
Bundesbank and ECB economists debate optimal holding limits for the digital euro
The digital euro is a development that has the potential to reshape the financial landscape across Europe. With central banks and economists debating the optimal holding limits, the discourse around the digital euro is rich with insights and implications. Bundesbank…
Binance Labs invests in Infrared to enhance Berachain’s security, efficiency, and reliability.
Binance Labs, the venture capital and incubation arm of Binance, has strategically invested in Infrared, a protocol designed to streamline access to Berachain’s Proof of Liquidity (PoL) mechanism. This significant investment underscores Binance Labs’ commitment to fostering innovation within the…
24% Drop to $103 Million in NFT Sales – 3 Reasons Behind the Decline
The Non-Fungible Token (NFT) market experienced a huge decline, with sales dropping 24% to $103 million. Several key factors have contributed to this drop, which we’ll explore in detail. The story of NFT sales is complex, marked by rapid growth…
Introducing Dmarket: the $400 Million NFT Powering Mythos NFT Ecosystem
DMarket recently topped the NFT sales charts with $842,038 in daily volume despite a notable drop in sales. In this article, we will look into the factors behind the 24% decline in NFT sales, examining weekly and monthly trends in…