Bookmarking Crypto Insights
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently has 405,713.31 bitcoins in its possession. Emerging Bitcoin ETFs Challenge Grayscale’s Reign Collectively, … Read more
Despite Montenegro’s High Court ruling for Do Kwon’s extradition to South Korea, the U.S. is not backing down. “The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law,” the Justice Department told Bloomberg, highlighting the ongoing legal tussle over the Terra founder amidst charges linked to … Read more
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage of their retirement funds to cryptocurrencies.” Crypto Assets Held … Read more
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one of them per time in the gaming implementation. Sony Files Patent … Read more
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed to … Read more
Binance, one of the leading crypto exchanges, has said it will discontinue all Nigerian naira services on March 8. The crypto exchange’s decision to drop trading pairs that feature the naira follows weeks of attacks and an official crackdown on its Nigerian operations. Crypto experts like Oladotun Wilfred Akangbe believe dropping the naira will temporarily … Read more
In a notable shift within the cryptocurrency market, tokens associated with artificial intelligence (AI) have witnessed a significant uptick in value, diverging from the recent focus on meme coins that dominated the market landscape last week. This surge in value reflects evolving dynamics within the industry, driven by pivotal changes and developments. Affected by the … Read more
The recent announcement of NetMindAI’s participation in the NVIDIA GTC conference has ignited significant excitement within the cryptocurrency community, propelling the price of the $NMT token to a remarkable 47% increase. This development has not only captured headlines in the cryptocurrency space but has also translated into substantial profits for traders. In a remarkable display … Read more
Worldcoin, the biometric identity project, has been banned from operating in Spain for up to three months, according to a press release from the Spanish data agency, the AEPD. The agency will also require Worldcoin to stop using the already collected data from Spanish citizens, utilizing the EU’s General Data Protection Regulation (GDPR) as a … Read more
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group would benefit from implementing such a system for the use of governments, common people, and businesses, stating that it would be convenient, cost-effective, and “free … Read more
