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Singapore-based digital assets exchange Crypto.com is adding support for the native asset of a new non-fungible token (NFT) platform. The exchange’s customers can now trade the native token of Minted (MTD) a Cronos Labs startup that allows users to list and purchase more than 10 million NFTs on the Cronos (CRO) and Ethereum (ETH) blockchains. Cronos powers the Crypto.com payment, trading and financial services platform, and Minted launched its commercial platform in August in partnership with the exchange. The NFT collections launched on Crypto.com/NFT and minted on Cronos will be…
Miramax sued the director in November last year after the base-layer blockchain provider Secret Network announced the auction of “uncut screenplay scenes” from the 1994 film as NFTs. The film studio claimed to own all rights to “Pulp Fiction,” except for those reserved for Tarantino, which excluded nonfungible tokens. The company was developing its own NFT strategy at the time. In a statement, the studio’s attorney Bart Williams wrote: “This one-off effort devalues the NFT rights to “Pulp Fiction,” which Miramax intends to maximize through a strategic, comprehensive approach.” On…
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months, the monetary authority says it will “actively promote” its digital currency for international settlements. Bank of Russia Seeks to Impose Digital Ruble for International Settlements The Central Bank of Russia (CBR) will “actively promote” the employment of the digital ruble in cross-border payments, its Governor Elvira Nabiullina stated…
Bitcoin’s price gain was the biggest in six months, leading a broad-market rally in cryptocurrencies that pushed the industry’s market capitalization back over $1 trillion. Original
Blockchain wallet and cryptocurrency exchange platform Blockchain.com has reportedly secured regulatory approval from Dubai’s Virtual Assets Regulatory Authority, or VARA. According to a Friday report from Reuters, VARA signed an agreement which will allow Blockchain.com to open an office in Dubai. The crypto firm currently operates several offices in North America, Europe, South America, and Singapore. Great work by the team here – Dubai ✅✅https://t.co/8nQm8w8y3g — Peter Smith (@OneMorePeter) September 9, 2022 Since Dubai’s prime minister and ruler Sheikh Mohammed bin Rashid Al Maktoum announced the establishment of the crypto…
MicroStrategy’s stock has, as a result, become tethered to the price of bitcoin – resulting in a $1.2 billion loss on the bitcoin bet given this year’s plunge. But the shares surged 12% Friday as bitcoin jumped almost 10%. The stock fell about 1.5%, though, in after-hours trading following the announcement of the stock offering, which will dilute the value of existing shares. Source
The price of ApeCoin (APE) has recently struggled against tether (USDT) after seeing its price rejected from $7.5. Bitcoin’s (BTC) price showed some great strength bouncing off from a low of $18,500 to a high of $21,000. This movement has affected other altcoins as most cryptocurrencies produce double-digit gains, including ApeCoin (APE). (Data from Binance) ApeCoin (APE) Price Analysis On The Weekly Chart The price of APE has had a difficult time replicating its bullish move that saw the price rally to $7.5 in recent months as the price rallied…
“Bitcoin has behaved similarly to tech stocks, albeit with some idiosyncratic events, namely forced selling by large institutions like Three Arrows Capital,” he told CoinDesk in a written note. “There doesn’t seem to be any indication that crypto will stop moving in response to Fed policy decisions, though Ethereum’s upcoming Merge is one of the more important events in crypto’s recent history.” Original
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