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Coinbase To Launch Its NFT Marketplace To Challenge OpenSea

The NFT market has gained more recognition and usage in the last months. It is no surprise that many top crypto big players have tried to gain the field to them. Even though the OpenSea platform created on the Ethereum blockchain seems to be the major player in the NFT marketplace, it is not the only big[Read more…]

Crypto Mining in ‘Negative List for Market Access’ in China

China is bracing to potentially add cryptocurrency mining to its newly readied “Negative List for Market Access.” Doing so would render the cryptocurrency mining industry inaccessible to investors. The Chinese government and the Central Bank are actively looking to tame cryptocurrencies altogether now. So, the 2021 draft “Negative List for Market Access (NLMA),” per China’s National Development[Read more…]

WalletConnect: Wallet Integrations Soaring has announced that it now supports DApps built on Ethereum in the Wallet, courtesy of WalletConnect. Now users can earn interest on their cryptocurrency, trade via decentralized exchanges (DEXs), access NFT marketplace, etc. In recent days, WalletConnect has integrated with various wallets. SecuX hardware wallet now allows its users to manage in their (iOS) SecuX Mobile App the Binance Smart Chain[Read more…]

Binance Boosts BSC & Blockchain: US$1 Billion Growth Fund

Binance has allotted a US$1 billion fund to “push the adoption” of the entire blockchain industry and specifically of the Binance Smart Chain (BSC). The said fund is dubbed to be “the biggest funding program of its kind in the whole cryptocurrency industry.” Binance’s official announcement states: Binance announces the biggest funding program of its kind in the[Read more…]

Shiba-Inu Now A Top Cryptocurrency?

Shiba Inu’s circulation market capitalization increased to $11.08 billion earlier this week and is now over $10 billion, placing it in the top-20 by market capitalization for the first time. As a consequence, the Dogecoin-inspired meme cryptocurrency outperformed prominent blockchain projects like Stellar, Polygon, and Tron in terms of market capitalization. A tweet from Elon Musk[Read more…]

S. African Regulator FSCA Warns Binance Group

Binance Limits Services in South Africa Binance Holdings Ltd. has announced termination of services in South Africa for regulatory compliance. The move came after Binance Group was warned by the South African financial regulator, the Financial Sector Conduct Authority (FSCA). FSCA maintains that Binance Group will have to cease offering unauthorized financial advice or intermediary services in South[Read more…]

A Prohibition Comparable To China’s Is Not Being Considered By The US Securities and Exchange Commission

US Securities and Exchange Commission (SEC) Chairman Gary Gensler stated that authorities in the United States are not considering a ban comparable to the one in China. On October 5th, Gensler informed The House of Financial Services that although there are no intentions to prohibit cryptocurrency, he stressed the importance of tokens that fit the[Read more…]

Dapper Labs x Chainalysis to Thwart NFT-led Money Laundering

Dapper Labs, a prominent NFT company, has announced partnership with the blockchain intelligence firm, Chainalysis. Joining hands to boost compliance and genuinity in its NFT business. Dapper Labs, via Chainalysis insights, wants to better comprehend its users’ product transactions. But that’s not all. Dapper Labs also intends to analyze the underlying objectives behind users’ transactions. The primary reason[Read more…]

Google x ICE’s BAKKT Partner to Enhance Consumer Crypto Access

Bakkt Trust Company LLC (by Intercontinental Exchange Inc.) has announced its partnership with Google. The Bakkt-Google  partnership is meant “to introduce digital assets to millions of consumers.” Bakkt, working towards letting users use their digital assets conveniently, released the following statement: Consumers will benefit from expanded reach and access to digital assets. Bakkt further explained that users[Read more…]

ACryptoS Launches 5-token Pool for Feeder Finance

Feeder Finance has just partnered up with ACryptoS to launch an Investment Fund to help BSC users diversify their portfolio. The Fund is a 5-token LP (Liquidity Pool) formed with FEED – BTC – ETH – BNB – ACSI, a good mix between bigcaps and platform tokens. Many users in BSC (Binance Smart Chain) might not be familiar[Read more…]