Bitcoin falls below $58K for the first time in 2 months
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market.
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NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy
Ten finalists including Magnus Carlsen and Wesley So will compete for the Champion’s Trophy NFT, while a replica will be made available for auction. 96 Total views 2 Total shares An international chess tournament, Meltwater Champions Chess Tour (MCCT), has announced to mint nonfungible token (NFT) trophies and collectibles for preserving the game‘s most defining…

NFTs create a more frictionless experience for collectors, says RTFKT co-founder
Ezra Reguerra 44 minutes ago Cointelegraph spoke with Steven Vasilev, the co-founder of RTFKT to learn more about how NFCs and NFTs can be used together to create better user experiences. 324 Total views 5 Total shares Listen to article 0:00 Cointelegraph YouTube Subscribe #Authentication #Transparency #NFT Related News How to get a job in…

What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
Bitcoin (BTC) may be down over 30% from its record high of $69,000, but it has emerged as one of the best-performing financial assets in 2021. BTC has bested the United States benchmark index the S&P 500 and gold.Arcane Research noted in its new report that Bitcoin’s year-to-date performance came out to be nearly 73%. In comparison,…

Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
Stablecoin operator Paxos launched PAX Gold (PAXG), a gold-backed Ethereum (ETH) token.Paxos announced the launch of the product above in a press release published on Sept. 5, claiming that it is “the first crypto-asset redeemable for physical gold.” Furthermore, the New York State Department of Financial Services (NYDFS) put forward their approval of the issuance…

9 US senators publicly back Elizabeth Warren’s crypto bill
Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.” 224 Total views 11 Total shares Nine United States Senators have added their support to Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, according to a statement from Warren’s office. The press release on

Czech Central Bank Prepares Fine For Calling Physical Bitcoins ‘Coins’
Bitcoin (BTC) friendly Czech crypto-anarchist movement Paralelní Polis has received a warning from the country’s central bank for issuing its own coins.Central bank fine “completely nonsensical”As representatives reported on Twitter on Nov. 3, the Czech National Bank (CNB) has objected to Paralelní Polis using the term “coin” to describe commemorative silver tokens it is currently…

Digital assets firm Cred eyes global expansion using Visa’s network
Crypto borrowing and lending platform Cred has joined Visa’s Fintech Fast Track program to further the adoption of DeFi loans. 3257 Total views 27 Total shares The decentralized finance platform Cred will now use Visa’s extensive reach to further push the adoption of lending and borrowing of digital assets.On Sept. 8, Cred announced that it…

Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential
Ran Goldi, the vice president of payments at Fireblocks, believes that affordability and speed will keep big brands that have implemented crypto payments in the last two years.