Massive Capital Inflows Recorded In 3 Months As Institutional Crypto Asset Spike

As per the data from CoinShares, a weekly inflow of $139 million has been recently observed to take place in the crypto industry, pointing to large institutional investments into cryptocurrency holdings, the highest in three months. The latest development is a quick increase from last week, which records an outflow of $47 million. More than … Read more

WisdomTree Releases Crypto ETFs Offering Access To Cardano, Solana, And Polkadot

On Tuesday, a popular fund manager, WisdomTree, announced that it had just launched three crypto-asset exchange-traded products (ETPs) as part of its venture into the crypto industry. The three recently released ETPs are linked to Cardano, Solana, and Polkadot, the leading cryptocurrency networks. Both new digital currency investments are listed on the following platforms: Xetra, … Read more

U.K. To Reveal Crypto Regulation Plans, Targets Stablecoins

According to CNBC, the United Kingdom government is working on revealing a crypto regulation framework in the upcoming weeks, focusing on stablecoins. Industry sources believe that the U.K’s decision-makers have a growing interest in stablecoins and the move is part of the government’s strategy of regulating the industry. The financial regulatory body has held meetings … Read more

Governor Of Florida Proposes Tax Payment In Crypto

The time has come for cryptocurrency to serve as a wide utility following many companies’ integration of crypto payment. More decision-makers are considering following suit. Politicians in the United States are increasingly conversant with the flexibility associated with payment. According to the governor of Florida, Ron DeSantis, the plan to allow firms to pay their … Read more

GameStop NFT Marketplace Launches Beta Version On Loopring

GameStop’s NFT marketplace has rolled out its beta version of Loopring ($LRC) as an Ethereum L2 scaling system allowing users to perform transactions for a fraction of the cost they incurred in the L1 protocol. According to Loopring’s Head of Growth, Adam Browman, the beta version of the GameStop NFT marketplace is currently live. Users … Read more

Russia Is Set To Start Accepting Bitcoin For Oil And Gas, Says Energy Chief

Pavel Zavalny, the energy chief of the Russian Federation, has disclosed the possibility of accepting payment in Bitcoin in exchange for oil and gas from its allies like China and Turkey. According to the oil chief, the countries could start paying for Russian oil in either Russian Ruble, their respective fiat currencies, or even in … Read more

Bored Ape Spinoff NFT Collectible In A Legal Tussle Involving Copyright

The popularity of the Bore Ape Yacht Club (BAYC) NFT has soared since its creation, with so many firms venturing into partnership with the BAYC network. Due to the increased involvement of individuals and businesses in the BAYC NFT collection projects, there has been a surge in the number of spinoffs that have emerged as … Read more

WeChat Yanks Off NFT Accounts Following Government Crackdown

The absence of a regulatory framework and valid government policies regarding the activities of the non-fungible token platforms has caused heightened fears among some internet companies in China. Most leading social media firms and internet enterprises have revamped their user policies to halt or restrict the operation of NFT platforms, citing the absence of government … Read more

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