In an important development, the Binamon gaming metaverse is now live on the Binance Smart Chain (BSC). Binamon has carved a special place for itself in the blockchain-based gaming segment, and along with the gaming, users can also avail of NFT services offered by the metaverse. Players can choose from a range of gaming modes […]
South Africa to revise national policy position on cryptocurrency
Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies. South Africa’s financial regulators are laying the groundwork for the “phased and structured” regulation of cryptocurrencies. The move presents a reversal of the largely hands-off approach taken for the past seven years and has been driven by increasingly high […]
Coinbase to Open Its New Office in New York
Coinspeaker Coinbase to Open Its New Office in New York With growth comes expansion. Having a valuation of over $85 billion, Coinbase Global Inc (NASDAQ: COIN) is expanding its operations to New York. The cryptocurrency and digital assets company has primarily been operating from San Fransisco. But now Coinbase is planning to extend operations to […]
Stickers Sold an NFT for 258K USDT at Charity Auction
Coinspeaker Stickers Sold an NFT for 258K USDT at Charity Auction Ever since NFTs came through the market, there has been a lot of speculation about their feasibility and legitimacy but recently in the past few weeks, there has been a quick spike in the NFT market as people are more attracted to them and […]
Dfinity’s ICP Token Trading at $63, Down More Than 80% from May’s High
Coinspeaker Dfinity’s ICP Token Trading at $63, Down More Than 80% from May’s High Dfinity’s Internet Computer Protocol (ICP) token has lost its luster, despite its current ranking as the 18th largest cryptocurrency by market capitalization. At the time of writing, Dfinity’s ICP token is changing hand at $63.53 according to data obtained from CoinMarketCap. […]
Beefy and Iron to Push Partial-Collateralized Stablecoin
Beefy Finance recently announced joining hands with Iron Finance, making for a deadly DeFi duo. The integration sees Beefy bringing secure and reliable IRON vaults to help Beefy users gain optimal returns. With a compounding rate of 10x per minute, IRON vaults are helping the Beefy community yield maximum revenue. Iron is also benefiting from […]
The Netherlands should regulate crypto instead of banning it, says finance minister
Dutch finance minister Wopke Hoekstra is confident that supervision is more effective than banning crypto outright. A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total ban on crypto. The Netherlands should regulate the cryptocurrency market instead of prohibiting its […]
Elon Musk, $40K and no demand: 5 things to watch in Bitcoin this week
Musk leaves the door open for Tesla to accept Bitcoin again, sparking a run to near $40,000 — but will it hold? Bitcoin (BTC) starts a new week on a pleasant high thanks to a boost from a familiar source, Elon Musk. Are the good times back? After spending weeks languishing close to $30,000, Bitcoin […]
Coinbase is reportedly looking to set up office in New York
After announcing shutdown of San Francisco headquarters last month, Coinbase is reportedly quietly setting up its first office in New York. The United States’ largest cryptocurrency exchange, Coinbase, is reportedly setting up its first office in New York. The Nasdaq-listed cryptocurrency exchange has allegedly subleased 30,000 square feet from Steven Cohen’s investment firm Point72 at […]
Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework for cryptocurrencies as the reason.” Unexpected Rejection Meanwhile, a report suggests that […]