OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency.
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G-20 Summit Results: Crypto Is Important for Global Economy, Needs to Be Regulated and Taxed
Members of the Group of 20 (G-20), an international forum for the governments and central banks of countries with developed and developing economies, addressed cryptocurrencies in their recent declaration on sustainable development of the global economy.Declaration summary: Crypto is important, but it needs to be put under scrutiny and tax regulationsOn Dec. 1, the G-20…

Coinbase listing effect reemerges as Ankr, Curve (CRV) and Storj rally
On March 23 the Coinbase listing 'bump’ reemerged as the exchange announced that it would list Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) on Coinbase Pro. A blog post from the top U.S.-based cryptocurrency exchange stated that inbound transfers for ANKR, CRV and STORJ are available beginning March 23 with trading set to “begin on or…

WEF Says Complete Blockchain Overhaul Unlikely
The WEF's blockchain project lead said the technology has its place, but likely will not takeover as the underpinning of all systems. Ashley Lannquist, blockchain project lead for the World Economic Forum, or WEF, explained blockchain has its use cases, but the technology is not without limitations. "I think it is unlikely that blockchain technology will…

Simplex partners with Visa to issue crypto debit cards
Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards. 1694 Total views 12 Total shares Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a…

Binance CEO counters Elon Musk for bringing up Dogecoin issues
The world’s richest man pushes Binance to address some issues related to his favorite digital currency. 1040 Total views 3 Total shares Twitter has become an arena for another cryptocurrency-related battle due to Binance experiencing ongoing issues with Dogecoin (DOGE) withdrawals.Tesla CEO Elon Musk, one of the world’s biggest Dogecoin fans, took to Twitter on…

Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block has completed the design of its new prototype ASIC chip that it says will fast-track its plan to bring an “open source” Bitcoin mining rig design to market. 1059 Total views 10 Total shares Own this piece of history Collect this article as an NFTBlock, the financial services and technology company owned by former…

India’s Payments Platform Varja Gets the Blockchain Ball Rolling
While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database for…

Turkey Residents Panicking Over Massive Inflation
Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year. Rampant inflation is affecting Turkish residents’ confidence in the lira fiat currency. According to a Reuters report on August 14, locals are dumping lira and converting it to dollars and buying gold. Even with market interventions and reassuring…