As part of a new series of connect-to-consumer initiatives developed this year, Shopify will allow merchants to connect with fans and drive sales by creating exclusive merchandise for tokenholders. The initiative, dubbed “tokengate,” is available in early-access beta mode. Tokengated Experiences Ready to give superpowers to your most loyal fans? Build even stronger communities around your brand and reward your…
Anthony Scaramucci’s Skybridge Capital plans to file for a spot bitcoin ETF for a second time.Previously, the investment firm’s application was denied earlier this year.The deadline for Grayscale’s spot bitcoin ETF application decision is July 6th with a possible legal battle looming in the distance. Anthony Scaramucci, the former White House Director of Communications, is making another attempt to release…
The firm said it was starting a ‘Crypto Incident Response’ hotline to “help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.” Source: https://cointelegraph.com/news/chainalysis-launches-reporting-service-for-businesses-targeted-in-crypto-related-cyberattacks
Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth consecutive session on Wednesday, as…
Voyager Digital today announced it may issue a “notice of default” to the struggling crypto investment firm Three Arrows Capital (3AC) if it fails to make a loan repayment. Shares in the New York-based crypto platform plunged by more than 60% after it revealed that its exposure to 3AC comprises 15,250 BTC (approximately $311 million at current prices) and $350…
It was first reported before Christmas that Wyoming Senator Cynthia Lummis planned to introduce a comprehensive crypto regulation bill. The Republican Lummis was already known for her pro-crypto stance and announced right away that she was looking for a Democratic co-sponsor. New York Senator Kirsten Gillibrand, who had not previously been known to have a strong position on cryptocurrency, was…
Dogecoin is increasingly connected to illicit activity including Ponzi schemes, the financing of terrorism and child sex abuse material (CSAM), according to a new report by blockchain analytics firm Elliptic. Per the report, the meme coin has enjoyed growing popularity as a method of payment; however, aside from legitimate causes, it has also caught the attention of bad actors, with…
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed by the Chinese tech giant…
Bitcoin (BTC) checked losses while United States equities drifted down on June 22 as the Federal Reserve kept quiet on monetary policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell keeps quiet on Fed moves Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $20,500 at the June 22 Wall Street open. The pair had wicked below the $20,000…
The American cryptocurrency exchange BinanceUS is no longer charging fees for buying or selling Bitcoin with U.S. dollars. That includes eliminating fees on Bitcoin trades for the three top stablecoins: USDT, USDC, and BUSD. Such stablecoins are pegged to the U.S. dollar using USD reserves, or other highly liquid financial instruments. The change, effective immediately, is “an opportunity to revolutionize…
