Author: e_cash_top

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[ad_1] Former U.S. President Donald Trump’s NFT collection rose 133% in the last 24 hours to 0.3738 ETH which is roughly $570 as of press time. The NFT collection was involved in 961 transactions in the last 24 hours, and its sales volume surged 1687% to 316 ETH, according to OpenSea data. The 45,000 NFTs…

Yuga Labs blacklists NFT marketplaces that do not support royalties

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[ad_1] Bored Ape Yacht Club (BAYC) creator Yuga Labs blacklisted addresses related to LookRare, SudoSwap, Blur and NFTX for not supporting royalties for its Sewer Pass NFT. Royalties are payments made to NFT creators each time their assets are sold on a marketplace. OpenSea mandates creator royalties of up to 10% — while others like…

Roubini says 99% of crypto is a scam – ‘you have to stay away’

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in Uncategorized

[ad_1] Nouriel Roubini renewed his objections to crypto, warning people to stay away as 99% of it is a scam. “FTX, SBF are not an exception; they are a rule. Nearly 99% of crypto is a scam, criminal activity, bubble, Ponzi scheme. It’s going bust.” Roubini has a long history of voicing negative opinions about…

$10bn worth of stablecoins withdrawn from exchanges in the past 6 months

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[ad_1] Definitions The total amount of coins held on exchange addresses, STBL is a virtual asset that aggregates the data of all ERC20 stablecoins supported on Glassnode — thereby creating a metric that sums up all exchange balances across stablecoins. Stablecoins included are BUSD, GUSD, HSUD, DAI, USDP, EURS, SAI, sUSD, USDT, and USDC. Quick…

KuCoin reports growth in volume, user count through crypto winter

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[ad_1] KuCoin user count and transaction volume on spot and futures markets exceeded 27 million and $3.6 trillion respectively, according to KuCoin’s 2022 Annual Review report. Throughout 2022, the exchange welcomed over 13 million new users, which indicates a 102% year-over-year growth, according to the report. Of these new users, 7 million, corresponding to 53.8%,…

OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDT

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in Uncategorized

[ad_1] OKX has reported its Proof-of-Reserves (PoR) for the first time revealing $7.5 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), according to its January PoR report on Jan. 19. OKX is the only one among the top five exchanges with “100% clean” reserves, according to CryptoQuant — a term bestowed when an exchange’s reserves do…

Ex-India RBI chief says crypto price collapse will unlock ‘true value’ of crypto

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[ad_1] Former governor of the Indian central bank Raghuram Rajan said that the collapse in crypto prices last year suggests that the industry has received its deserved fate, according to Reuters. However, the fall in price will enable investors to focus on the “true value” of digital assets, distributed ledger technology and smart contracts, Rajan…

National Australia Bank to launch AUD-backed stablecoin

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[ad_1] National Australia Bank (NAB) — one of the four largest banks in the country — is gearing up to launch a stablecoin on the Ethereum (ETH) network, the Australian Financial Review (AFR) reported. The stablecoin called AUDN will be backed 1:1 by Australian Dollars (AUD) held on trust at NAB. AUDN 2022 mint The…

DCG’s CoinDesk receives buyout interest; exploring partial or full sale

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[ad_1] Cryptocurrency news company Coindesk is seeking a buyer through investment bankers, The Wall Street Journal reported Jan. 18. Coindesk CEO Kevin Worth told the Journal that his company has “received numerous inbound indications of interest” in recent months. Worth did not indicate which companies are interested in buying Coindesk. However, he told the news…

SEC lawsuit against Ripple may end by summer: Ripple CEO

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