Metaverse tokens up 400% year on year despite altcoin bloodbath
A new report from Kraken Intelligence reveals that Metaverse tokens were one of only two categories of crypto that saw year-on-year growth in prices. Go to Source Powered by WPeMatico
Month: June 2022
SEC Probes Binance — BNB Could Be Unregistered Security: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with the SEC over the sale of the XRP … Read more
Terra 2.0 (LUNA) Price Declines by 14% Amid Bearish Momentum for Crypto Markets
Bitcoin and Ethereum are again showing bearish momentum as BTC and ETH have lost 5% in the past 24 hours. Terra 2.0 (LUNA) is also down over 14%, currently trading at $4.31, dipping below $1 billion market capitalization with a current valuation of $912 million. Major Stocks Plummet, Causing BTC and ETH Dips As the … Read more
Crypto bank Custodia sues the Fed over 19 month delay on account approval
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days. Go to Source Powered by WPeMatico
New York Governor yet to commit to signing Bitcoin mining ban into law
“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul. Go to Source Powered by WPeMatico
Grayscale hires former Solicitor General to help force Bitcoin ETF approval
Ahead of the July 6 SEC decision, the investment giant has hired Don Verrilli, a former U.S. Solicitor General as a senior legal strategist, working alongside its attorneys at Davis Polk & Wardwell LLP and its in-house counsel. Go to Source Powered by WPeMatico
$72M Illuvium NFT Land Dutch auction saves buyers thousands on gas fees
The use of a Dutch auction on its own chain may be two major factors that contributed to the sale’s success in selling out the Land plots and keeping gas fees low. Go to Source Powered by WPeMatico
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto, Housing Bubble, and Subprime Mortgage Crash Nobel laureate … Read more
SpartaCats Troll DOGE With Billboard Near SpaceX Office
PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind a smoking dog. Next comes an image … Read more
LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking
LINK price broke its downtrend and rallied to $9 after the developers released a roadmap and announced that Chainlink 2.0 includes token staking. Go to Source Powered by WPeMatico
