OpenSea exec used the platform’s influence to pump his own NFTs
Allegations of NFT insider trading have been confirmed by OpenSea, which issued a statement about its head of product lead. Go to Source Powered by WPeMatico
Digital Asset
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Russian Sberbank plans to register its digital asset tool in September
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one. Go to Source Powered by WPeMatico
IMF intends to ‘ramp up’ digital currency monitoring
The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions. Go to Source Powered by WPeMatico
Deutsche Boerse acquires majority ownership of Crypto Finance AG
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market. Go to Source Powered by WPeMatico
Multi-trillion asset manager State Street launches digital currency division
The second-oldest continuously operating U.S. bank, State Street, has launched a new division dedicated to cryptocurrency and digital assets. Go to Source Powered by WPeMatico
Trading strategies, explained
Here, we set out the differences between hodling and day trading, and why trading strategies are so important. Go to Source Powered by WPeMatico
NFT market projected to double by October as trading volume surges
Using a linear regression method, analysts at Invezz have determined that NFT trade volumes could rise to $125.9 million in July and $175.2 million in October. Go to Source Powered by WPeMatico
Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset
The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine the country’s financial system.” The CBL’s warning follows an … Read more
DeFi adoption on the Binance Smart Chain reaches new highs
Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Go to Source Powered by WPeMatico
Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia
In partnership with the Indonesian government, Kinesis is using blockchain technology to deliver gold-based financial services to the population. Go to Source Powered by WPeMatico
