DIGIT INFO – Page 2418 – Cryptocurrency News

WSJ says ‘the NFT market is collapsing’ but the data says otherwise

An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.

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South Korea’s new president delays crypto taxes in favor of consumer protections

The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections.

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Report: Two South Koreans Paid in Bitcoin to Spy for North Korea

South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total of $637,789. South Korea’s Joint Command and […]

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Bitcoin funds saw largest single week of outflows since June 2021

“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote.

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Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow.

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Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore

Wisdomtree Executive Says Crypto Is a New Asset Class That People Can't Ignore

An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something that people can’t ignore.” He added: “We are past the point where there is speculation around whether or not this is a trend that’s here […]

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Vitalik: L2 transaction fees need to be under 5c to be ‘truly acceptable’

Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable.

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Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’

Tesla CEO Elon Musk Shares Investment Advice — Says 'This Will Serve You Well in the Long Term'

Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopted by Berkshire Hathaway CEO Warren Buffett. Elon Musk’s Investment Advice Tesla and Spacex CEO Elon Musk gave some investment advice Sunday, […]

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Here’s How to Purchase Your First NFT Domain on Quik․com

Minting of NFT domains with exclusive TLDs like .chain, .metaverse, .vr, .doge, .shib, .bored is now live on the Quik’s NFT domain marketplace! Each of these TLDs has a domain minting limit ranging from 1k to 20k, and they work on a first-come, first-serve basis, so ensure that you don’t miss out on your favorite […]

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