In an exciting development for the Web3 gaming ecosystem, Pink Moon Studios, previously known as Kryptomon, has announced a significant strategic move: the migration of its popular KMON games from the BNB chain to Polygon PoS. Celebrating this migration, Pink Moon Studios and Polygon ecosystem are introducing an innovative NFT gaming utility item – the […]
Binance Allows Traders to Custody Assets at Sygnum, FlowBank: FT
“Our banking triparty solution paves the way for greater adoption amongst institutional investors, as this long standing model allows investors to manage risk while maximizing their capital efficiency by pledging collateral in the form of traditional assets,” a spokesperson for the exchange said in an emailed comment. Source link
SEC Charges $1.9 Billion HyperFund Crypto Ponzi Promoters
Last updated: January 30, 2024 04:53 EST | 1 min read Source: Adobe The US Securities and Exchange Commission (SEC) has charged two masterminds behind the $1.9 billion crypto fraud investment scheme HyperFund. The regulator has indicted Australian blockchain entrepreneur Sam Lee and HyperFund promoter Brenda Chunga for their involvement in the Ponzi scheme. HyperFund, […]
Global NFT market sees a 22% dip in sales, yet Trump NFTs continue to soar
The global market for NFTs has witnessed a downward trend in trading volumes, marking a consistent decline for the third week of January. According to the latest figures from CryptoSlam.io, a prominent on-chain data aggregator, the trading sales volume in the NFT sector has fallen to $223 million over the last week. This represents a […]
XRP Lawyer John Deaton Gears Up To Share Exclusive Insights
The seemingly never-ending Ripple vs. SEC court battle has recently witnessed several twists. Last week, Ripple gave a strong reply to the SEC’s accusations of “factual mischaracterization,” further escalating the hype around the controversy. Amid the legal quandary, Ripple’s Lawyer, John Deaton, has stepped up to share key insights on the case along with other […]
SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting
Altcoins’ consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said. Source link
Coinbase to charge conversion fees above $75M monthly volume
An exception will be made for Tier 1 and Tier 2 Coinbase Exchange Liquidity Program members. Coinbase — the largest United States-based crypto exchange — has introduced commission fees for net conversions from USD Coin to U.S. dollars exceeding $75 million in 30 days. An exception will be made for Tier 1 and Tier 2 […]
Portal raises $34M in seed round for Bitcoin atomic swaps
Investors in the round include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io. The funds will be used in the development of Portal’s DEX and noncustodial wallet. Financial technology firm Portal has secured $34 million in seed funding to offer atomic swaps technology for Bitcoin. Investors backing the initiative include Coinbase Ventures, Arrington Capital, OKX […]
Floki restricts Hong Kong staking after Securities Commission's warning
The SFC warned Hong Kong users on Jan. 26 and described Floki’s staking programs as “suspicious investment products.” The Hong Kong Securities and Futures Commission (SFC) has warned users about staking in the dog-themed memecoin project Floki, describing them as “suspicious investment products.” On Jan. 26, the SFC cautioned users from its jurisdiction about the Floki and […]
Grayscale GBTC exodus shakes up Bitcoin market dynamics
Outflows from the Grayscale Bitcoin Trust ETF significantly impacted Bitcoin’s recent market price correction. A new market report from Bitfinex suggests that a sizable sell-off of Grayscale Bitcoin Trust ETF shares, partly driven by bankrupt exchange FTX, significantly impacted Bitcoin’s recent drop in value in January 2024. According to the update from Bitfinex Alpha, the […]