The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles. According to a press release on Wednesday, Manchester-based KnownOrigin...Continue Reading

Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open. 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...Continue Reading

The senators introduced new approaches to familiar questions concerning digital assets and decide how to divide regulatory responsibilities. 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...Continue Reading

Select merchant partners will be able to rollout exclusive goods for NFT tokenholders. 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...Continue Reading

Third-party custodians like Celsius failing is a reminder of one of the most basic principles of crypto; not your keys, not your coins. After one week of pausing user withdrawals, swaps and transfers, the firm said it was maintaining an open dialogue with regulators and officials and plans to continue working with them regarding this...Continue Reading

Christine Lagarde introduced a “MiCa II” idea to cover the issues yet untouched by European regulators A week after the major American crypto lending platform Celsius had to freeze the withdrawal option for its users, European Central Bank (ECB) president Christine Lagarde voiced her conviction on the necessity of tighter scrutiny over this part of...Continue Reading

Binance’s self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity. Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases. The Trust Wallet platform has integrated Binance’s...Continue Reading

Doop Snogg, the impersonator, was hired to “drum up excitement” at the NFT.NYC conference. A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community.  In...Continue Reading

The bank is exploring technological solutions and platforms for its own digital currency. The 2.8-million nation of Qatar is going to join a growing range of countries, experimenting with the central bank digital currency (CBDC) concept. The Qatar Central Bank (QCB) is currently “in the foundation stage” of issuing its digital currency.  On June 21,...Continue Reading

Bitcoin bulls lose their grip as BTC price action remains firmly below a key long-term trendline. Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC could see accumulation below key trendline Data from Cointelegraph...Continue Reading