The United Nations Conference on Trade and Development (UNCTAD) released a policy brief Wednesday on cryptocurrency. It is the third brief in a row the agency has dedicated to crypto, and together they represent a detailed assessment of the risks crypto presents for developing economies and options for resolving those risks. UNCTAD Policy Brief No. 102, dated July but newly […]
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BlackRock, the world’s largest asset manager with $10 Trillion in assets under management, has launched its first-ever spot Bitcoin private trust to expand its reach in the digital assets sector. According to a Thursday blog on the company’s website, the trust, which will be first available to US-based institutional clients, “seeks to track the performance of bitcoin, less expenses and […]
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Federation – a psy-punk music project – has unveiled a new limited edition non-fungible token (NFT) album it’s calling “F.” The album is only available on RCRDSHP, an NFT platform that features a wide variety of collectibles all purchasable by cryptocurrencies such as bitcoin. Federation NFT Album “F” Now Available to Buy The NFT space has gotten huge in just […]
Read moreA task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with its realization. Nepal Central Bank Prepares Legal Ground for National Digital Currency The Nepal Rastra […]
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Binance Coin (BNB) price has risen to the high of $337 on August 10. This is the historical level from May 25. On May 25, buyers failed to keep the price above the $337 resistance as it fell to the low of 183. The bulls bought the dips as the altcoin resumed its upward movement. Today, BNB bulls are retesting […]
Read moreAuthorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud Operators Kept 16% of Investors’ Funds for Themselves Amid intensified efforts to fight crypto-related fraud, Kazakhstan’s Financial Monitoring Agency […]
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Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized environment.” Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022, Sui stressed that more developers need to come into the space to give consumers more alternatives when it comes to their platform of choice […]
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Gala, a world-leading Web3 entertainment company and innovator in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand’s commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects. With this announcement Gala Film also shared they will partner with […]
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By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock After Bitcoin slumped just under 5% on Tuesday, it hovers above $23,000 at time of writing, after Coinbase’s Q2 earnings were released. They reported a 63% decline in revenue in the second quarter, hence leading to a $1.1 billion loss from a year ago, despite its monthly customer rising from 8.8 […]
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