People on Twitter were accusing Pranksy of wash trading a CryptoPunk NFT, Dolce & Gabbana is auctioning luxury NFTs to “approved bidders” and FTX was spammed with tokenized fish.
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Author: DIGIT
Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage.
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Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market and hinted at a possible direct integration of bitcoin in payments. Visa […]Powered by WPeMatico
Caitlin Long takes aim at The New York Times over crypto ‘alarm’ article
Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair.
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Institutional exposure to altcoin products retests all-time high
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products.
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ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands for digital currencies and come up with a European-based solution that “does not jeopardize the whole banking system.” Lagarde Unveils ECB’s […]Powered by WPeMatico
Kim Kardashian Called out by UK Regulator for Pumping Crypto Token That Could Harm Investors
Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial promotion with the single biggest audience reach in history.” Kim Kardashian Promotes Crypto […]Powered by WPeMatico
$52K Bitcoin price triggers rally in large caps like Litecoin, Stellar and Bitcoin Cash
Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM.
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El Salvador purchases first 200 BTC, President Bukele confirms
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society.
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El Salvador Starts Mass Buying Bitcoin Ahead of BTC Becoming Legal Tender Tomorrow
Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying Bitcoin Ahead of Bitcoin Becoming Legal Tender El […]Powered by WPeMatico