NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2

Leading blockchain intelligence firm Chainalysis has found that the COVID-19 pandemic and global economic contraction is affecting Bitcoin (BTC) consumer habits in surprising ways.In a new report published on March 30, Chainalysis details how Bitcoin spending trends in three areas — merchant services, gambling and darknet marketplaces — have changed, or even reversed. Weakening correlation could…

Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move. 387 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023 citing ‘strategic and product…

Ripple CEO Brad Garlinghouse said the firm's XRP lawsuit could come to an end within "single-digit months." 307 Total views 3 Total shares Own this piece of history Collect this article as an NFTRipple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange Commission (SEC) will be finalized within “single-digit months” and…

More than a third of survey respondents believed the blockchain gaming industry benefited most from traditional game studios adopting Web3 tech in 2023. Nearly 40% of blockchain game developers believe that traditional gaming studios will be one of the biggest positive driving forces for the Web3 gaming sector in 2024. In its “2023 State of the

Sumitomo Mitsui Financial Group, Japan’s 2nd-largest lender by assets, will sign an agreement with SBI Holdings for new smartphone services. 317 Total views 27 Total shares The second largest bank in Japan will sign a deal with SBI Holdings to offer digital banking services available on smartphones.According to an April 27 article in the Nikkei…

Lawyers for Bitfinex, Tether and parent firm iFinex Inc. have said the respondents have already spent over $500,000 responding to document requests for their ongoing legal battle.The lawyers’ letter —  submitted to Justice Joel M. Cohen on July 30 and shared by Altana Digital Currency Fund CIO Alistair Milne via Twitter on the same date…

EllipX will comply with EU's MiCA regulations, with plans to add fiat services and offer fee cuts for former Mt. Gox users.

The crypto industry has cozied up to the Republican Party during the most recent election cycle but donated heavily to both parties. 320 Total views 16 Total shares Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last

XRP has almost doubled its value over the past week. 1021 Total views 5 Total shares Ripple’s XRP is rising in price, but the reasons are not entirely clear. Between 6 and 10 am EST today, XRP gained approximately 20% in value, based on data from TradingView.com. The asset has rallied about 83% total since Friday,…