Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months

Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 MonthsBack in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down more than 81% since that day and […]

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Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Tencent’s #Wechat to ban accounts from providing transaction channels and guidance for #cryptocurrencies.Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed […]

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Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Ukraine Raises Over $100,000 From Cryptopunk NFT SaleThe government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine Government Sells Donated Cryptopunk Token for 90 ETH Ukrainian […]

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Belgian Banking Group KBC Creates Blockchain-Based Coin

Belgian Banking Group KBC Creates Blockchain-Based CoinKBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients and Partners KBC, the Brussels-based financial group […]

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Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions

Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and AcquisitionsWhile visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. ‘I Think We’re More Likely to Be the Buyer,’ Ripple Labs CEO Brad Garlinghouse Said During an Interview in Davos Just recently, […]

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Draft Law About NFTs Submitted to Russian Parliament

Draft Law About NFTs Submitted to Russian ParliamentLawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose Amendments Legally Defining NFTs Members […]

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Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’

Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin Traded on Pancakeswap Exchange, Not Issued by Sberbank A crypto project called […]

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