Day: May 13, 2023

Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….

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Assassin’s Creed, one of Ubisoft’s most popular gaming franchises, has announced a series of customizable “smart collectibles” featuring both digital and physical components. The collectibles are set to drop on May 16 and consist of a transparent 3D-printed cube with a character figure inside, along with a Polygon-based NFT called a “Digital Soul” which provides proof of ownership. End/ . . . It’s that simple! Our goal is to add new layers of collecting to allow fans to truly showcase their personality and rarity tastes. Digital identifiers pairing with physical…

Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks – Defi Bitcoin News

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In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit gains of 34% to 42% in the past 30 days. Number of Ethereum Locked in Liquid Staking Derivatives Nears 9 Million Liquid staking protocols continue to grow, with the top decentralized finance (defi) protocols recording an additional 441,110 ethereum (ETH). As of May 12,…

Coinbase co-founder doubling down, buys $48.8m of COIN shares

Fred Ehrsam, co-founder of Coinbase and managing partner of Paradigm, has increased his stake in the crypto exchange by purchasing $48.8m of COIN shares, demonstrating steadfast confidence despite the stock’s volatile history. Coinbase co-founder buys more shares As per a United States Securities and Exchange Commission (SEC) filing, Ehrsam, who also is also the managing partner at Paradigm, bought COIN worth $48.8m in a series of trades this week. The acquisition saw Ehrsam secure an additional 810,000 Coinbase shares at prices ranging from $59.30 to $63.20 per share. These recent…

IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations – Economics Bitcoin News

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The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the parties to come together, reach consensus, and resolve the matter as quickly as possible,” said the IMF’s director of communications. IMF Warns About U.S. Debt Default The International Monetary Fund (IMF) has warned that the U.S. defaulting on its debt obligations would have “very serious repercussions” on both…

Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida – Bitcoin News

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On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money. Florida Puts the Brakes on CBDCs The Sunshine State has officially outlawed the use of a central bank digital currency (CBDC) following the approval of SB 7054 or HB 7049 by the Florida House of Representatives and Senate. Governor Ron DeSantis put…

Bakkt delists majority of tokens from recently acquired Apex Crypto platform

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Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the decision was “part of our regular coin listing review process,” and added that: “Our clients’ and their consumers’ best interests are our core commitment, and our review process ensures those interests are best served when we contemplate the most up-to-date regulatory guidance and the latest industry developments.” Further details are sparse at this stage, however most of the…