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“# Open Sea’s NFT volume down 50% after monumental surge in August ” Following a colossal surge of $4B sales volume throughout the month of August for the leading non-fungible token, or NFT, marketplace OpenSea, recent figures indicate a metaphoric return to earth after a propulsion to the mighty heights of the moon. NFT marketplaces…
“# Swiss Exchange SIX granted approval to launch crypto marketplace ” The Swiss Financial Market Supervisory Authority, or FINMA, have today announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology. Initially intent on launching in the latter half of 2019, regulatory…
“#Twitter to let bot accounts self-identify as ‘good’ robots” Are you a good bot or a bad bot? In a small step against disinformation, Twitter introduced a new feature on Thursday to let “good” bot accounts self-identify as such and receive a profile label to alert others to their kind robot status. The initiative is…
“# Blockchain-based platform for fractional property ownership launches in India ” A fintech firm from Pune, India has launched a blockchain-based registry system named RealX that allows Indian citizens to purchase fractional ownership in properties. A report from The Economic Times states that RealX has partnered with Tripvillas, a holiday home rental service, to blend…
“# Government employee accused of mining crypto at public’s expense ” An information technology operations supervisor at the Suffolk County clerk’s office in New York, Christopher Naples allegedly harnessed his position to place crypto mining equipment in various spots at the Riverhead Center in the New York county in which he worked. Naples allegedly set…
“# Stablecoins: crypto house of cards? ” In Cointelegraph’s latest video report, we discussed the systemic risks posed by stablecoins to the stability of both crypto and traditional markets. Stablecoins have become the backbone of the crypto ecosystem, as they play a crucial role in the functioning of crypto trading and decentralized finance. Their market…
“# El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout ” El Salvador’s Bitcoin (BTC) adoption drive met its first roadblock after citizens reported problems downloading and operating the state-run Chivo wallet. While the wallet was taken down soon after it went live, Salvadoran President Nayib Bukele later announced that all the issues related…
“# Institutional investors dominated the DeFi scene in Q2: Chainalysis report ” The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels. According to blockchain intelligence firm Chainalysis, institutional investors played a major role in…
“# NBA star Steph Curry asks Twitter for crypto advice ” Following a lucrative $206,000 purchase of a popular Bored Ape Yacht Club non-fungible token, or NFT, last week, NBA all-star Steph Curry has today reached out to his 15.5 million Twitter fanbase for advice on progressing in the crypto game. The Golden State Warriors…
“# IOTA Foundation to support EU blockchain initiative ” The European Commission’s blockchain initiative has selected the IOTA Foundation as one of seven projects to participate in the preliminary stage of designing an EU-wide distributed ledger technology platform. The initiative seeks to increase the efficiency and accountability of the European Blockchain Services Infrastructure (EBSI), a…