Magic Eden overtakes Blur, Yuga Labs offloads NFT games: Nifty Newsletter

After the popularity of DeFi, came the rise of nonfungible tokens (NFTs) and to the surprise of many, NFTs took the spotlight and remain front and center with the highest volume in sales, occuring at the start of January 2022. Growing number of unique NFT buyers on Ethereum Source: Delphi DigitalWhile 2021 became the year of…

The yearly average for BTC/USD is circling $9,000 for only the second time in history amid bullish halving sentiment. 839 Total views 28 Total shares Bitcoin (BTC) may have reversed all price losses since its crash in March, but another price indicator is about to make a new all-time high.As noted by Yassine Elmandjra, crypto-asset…

2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several high-profile hacks to date. Cross-chain protocols have been particularly hard hit, with Axie Infinity’s $650 million Ronin Bridge hack accounting for a significant portion of stolen…

Binance Research gives further rationale for referencing Facebook's Libra as the SpaceX of the payments world. A recent report from Binance Research claimed Facebook's Libra is as disruptive for the payments industry as SpaceX was for interstellar travel — but why?   When it entered the rocket sector, SpaceX found an industry laden with high entry…

The nonfungible token market is one of the most exciting spaces in crypto right now. Significant investments are being made on nonfungible tokens as people diversify their decentralized portfolios in the hope that this promising market continues to grow. As we begin 2020, let’s take a look at five of the most expensive NFTs sold…

The legal industry has emerged as a major winner amid cryptocurrency collapses like FTX and Celsius, generating hundreds of millions of dollars for lawyers.Lawyers, accountants, consultants, analysts and other professionals have collected at least $700 million in fees from the bankruptcies of major crypto firms over the past year, according to a report and an

A survey of U.S. financial advisers concluded that most believe approval will not come until at least 2025. 9932 Total views 20 Total shares While many crypto holders anxiously await the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, one group of financial experts appears to be pessimistic about this

The commission also designated a longer period to reach a decision on spot Bitcoin ETF applications from ARK 21Shares and GlobalX on Sept. 26. 281 Total views 13 Total shares The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether (ETH) exchange-traded fund

Hong Kong's securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs), in a statement published on March 28.The guidance aims to clarify the legal and regulatory requirements for parties engaging in STO-related activities. The document opens with a proposed working definition of a security token and sale,…