Whales drive NFT comeback on BNB Chain in Q3: Messari
NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.
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Australia proposes to regulate crypto exchanges under TradFi license regime
The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator. The Australian federal government may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulator, the Australian Securities and Investment Commission (ASIC). In the newly-unveiled “Regulating digital asset

Bitcoin miners seek alternative energy sources to cut costs
During the 2021 bull market, many large mining companies took on massive loans to buy equipment and the proper infrastructure required to mine cryptocurrency. Yet the collapse of crypto exchange FTX and Celsius left many of these companies filing for bankruptcy. The current bear market, coupled with high Bitcoin network hash rates and low profits, has

E-Trade mulls booting meme stock trader Roaring Kitty: WSJ
The trading platform is reportedly concerned that the veteran meme stock trader could use his influence to pump his own GameStop holdings.

Global Regulators Haven’t Properly Addressed Stablecoins
Facebook’s plans to launch its cryptocurrency Libra this year has more than a few agencies in the European Union and the United States wondering what to do. While government bodies around the world are working to better understand crypto, regulations and laws pertaining to stablecoins aren’t being implemented quickly enough, according to a global finance…

Overstock Wants Lawsuit Nixed Ahead of Security Token Distribution
Overstock is seeking the dismissal of a lawsuit accusing the firm of market manipulation and issuing misleading information regarding tZERO. 2066 Total views 40 Total shares Online retailer and early Bitcoin adopter Overstock has filed for the dismissal of a lawsuit that accuses the company of misrepresenting the nature of its ‘digital dividend’ token.The dividend…

XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%
Polymarket users are betting that an XRP ETF will be approved this year after the SEC dropped its appeal against Ripple. 630 Total views 3 Total shares Crypto community members are growing more optimistic about an XRP exchange-traded fund (ETF) approval following the resolution of a multi-year legal battle between Ripple and the United States

Stalwart Crypto Investor Andreessen Horowitz Raises $2.75 billion for Two New Funds
Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds, according to a company announcement published on May 1.The lion’s share of the new capital will go toward a specialized $2 billion late-stage venture fund (LSV Fund I), headed by Andreessen Horowitz general partner David George.The…

Ethereum Completes Muir Glacier Hard Fork But Leaves One Client Behind
The Ethereum network has just completed its Muir Glacier hard fork, with the sole improvement proposal being to delay the difficulty bomb for another 4,000,000 blocks.As of press time, the majority of clients were running in sync, although according to ethernodes, the nethermind client was still having some issues, and had fallen over 150 blocks. Live…