Stocks markets slide toward yearly lows, while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon. Source: https://cointelegraph.com/news/bitcoin-analysts-and-traders-say-btc-s-low-volatility-is-a-calm-before-the-storm
The nonfungible token venture, originally scheduled with a half-year road map, lasted little under four months. Source: https://cointelegraph.com/news/cnn-to-shut-down-its-nft-marketplace-and-issue-20-refund
The hack was allegedly caused by “a missing onlyMigrator check.” Source: https://cointelegraph.com/news/templedao-exploit-results-in-2m-loss
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal. Source: https://cointelegraph.com/news/financial-stability-board-opens-proposed-crypto-regulatory-framework-for-public-comments
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances. Source: https://cointelegraph.com/news/city-of-niagara-falls-orders-blockfusion-facility-to-cease-and-desist-crypto-mining
Avalanche has entered the chat. OpenSea has added NFTs from the Avalanche blockchain to its online marketplace, the company announced Tuesday. The marketplace—which saw roughly $350 million in Ethereum NFT volume traded last month—now supports NFTs from seven different blockchains: Ethereum, Polygon, Klaytn, Solana, Optimism, Arbitrum, and now Avalanche. Avalanche is an open-source network with the native token AVAX and…
The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform. Source: https://cointelegraph.com/news/stellar-development-foundation-launches-100m-fund-to-support-native-smart-contract-adoption
As mainstream awareness of the various uses of blockchain and cryptographic technologies continues to grow, legacy technology companies like Microsoft are looking for ways to integrate Web3 technology into their platforms while avoiding the wild swings of the cryptocurrency market. “All this data that Microsoft is providing their customers sits in centralized databases,” Space and Time CEO Nate Holiday told…
In brief Metaplex’s MPLX token is down 68% over the past 24 hours, dropping to a new all-time low price. The Metaplex Foundation expanded the MPLX airdrop last night, offering up 40 million tokens for eligible Solana NFT collectors. The Metaplex Foundation, which oversees Solana’s Metaplex NFT protocol, recently launched an airdrop of its MPLX token for Solana NFT creators—and…
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government of Portugal Proposes New Tax for Cryptocurrency-Related Gains In the past few years, Portugal has established…
