SEC open meeting on Dec 2 to include crypto panel discussion
The SEC is opening discussion on crypto and blockchain technology with regard to American investors. Go to Source Powered by WPeMatico
Month: November 2021
Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic … Read more
Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares
The investment firm’s exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30. Go to Source Powered by WPeMatico
One million ETH worth have been burned since the implementation of EIP-1559 in August
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year. Go to Source Powered by WPeMatico
Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO
Bitcoin and most major altcoins are struggling to find bullish momentum, a possible signal that prices could continue to erode. Go to Source Powered by WPeMatico
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. … Read more
Collins Dictionary announce NFT as word of 2021
NFT is the word of the year according to Collins Dictionary, despite it actually being an abbreviation. Go to Source Powered by WPeMatico
Japanese megabanks join consortium launching yen-based digital currency
Private-sector behemoths in Japan are exploring digital currencies as a way to streamline large fund transfers and settlements. Go to Source Powered by WPeMatico
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
The senator said he had “significant concerns with the non-standardized terms applicable to redemption of particular stablecoins” in separate letters to eight crypto firms. Go to Source Powered by WPeMatico
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank of India (RBI). Indian Government … Read more