Coinspeaker JD.com Plans to Indulge in Gaming Products Space JD.com, the Beijing-based e-commerce company, plans to indulge in the manufacturing and retail of gaming equipment. Unlike its rival companies like Tencent and Netease that focus on designing games, one of the biggest B2B online retailers JD.com has decided to create a hub for gaming-related goods. […]
NFT Boom: OpenSea is Recording More Daily Volume than its Total 2020 Volume
Popular NFT Marketplace, OpenSea now processes 650x the daily transaction volumes it did for the whole of 2020. (Read More)
Bitcoin’s Hashrate Edges Closer to the 30-Day Moving Average, Suggesting a Bullish Crossover
Bitcoin miners seem to be on the right footing as the hashrate is on an upward trajectory after nosediving by more than 50%. (Read More)
Gensler keen on safeguards for crypto investors
Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC) admits to being “intrigued” by cryptocurrencies. However, this will not prevent him from imposing regulations in order to protect crypto investors. In an interview taken from a Bloomberg article, Gensler gives his thoughts on the cryptocurrency sector. He says he is thinking to take […]
ParaSwap Announces Integration of Chainlink Keepers
Chainlink Keepers will be integrated by ParaSwap to implement the functionality of limit order on its platform. One of the distinguishing aspects of Chainlink Keepers is its ability to do computations off-chain to monitor the various conditions for defining the users and their orders. Once these conditions are met, the process is followed by using […]
Crypto.com enables withdrawals of USDC for users worldwide
Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle. The digital asset exchange platform Crypto.com has now enabled withdrawals of USD Coin (USDC), meaning that users can withdraw the stablecoin and receive U.S. dollars at a one-to-one ratio directly to their bank account. […]
SQ Stock Up 10% after Square Acquires Sydney-based Afterpay for $29B
Coinspeaker SQ Stock Up 10% after Square Acquires Sydney-based Afterpay for $29B Square Inc (NYSE: SQ) stock closed Monday trading at $272.38, 10.16% higher than the opening price. The spike was attributed to news that Square has purchased Sydney-based financial technology company Afterpay Limited (ASX: APT) for a whopping $29 billion. Consequently, Afterpay shares closed […]
Crypto Asset Management Firm Arca Launches Arca Digital Yield Fund
Coinspeaker Crypto Asset Management Firm Arca Launches Arca Digital Yield Fund On Monday, August 2, the digital asset management company Arca launched its Arca Digital Yield Fund. As per the company, this will also be the first actively managed yield fund in the crypto space. Besides, with this fund, Arca aims to offer its customers […]
FTX to Venture in NFT Sports and Entertainment Market
Coinspeaker FTX to Venture in NFT Sports and Entertainment Market FTX exchange is all set to venture into the NFT via an active partnership with Dolphin Entertainment to provide an NFT based marketplace for leading sports and entertainment brands. The marketplace will emphasize brands within different industries spanning films, television, culinary, lifestyle, eSports, music, gaming, […]
Ethereum 2.0 Sees High Deposit Rate as London Hard fork Looms
Ethereum 2.0 deposit contract has seen more accounts deposit 32 ETH in the past days as investors prepare for the impact of the EIP 1559 upgrade launch (Read More)