Reddit collaborates with FTX to integrate crypto payments
Social news aggregator Reddit has partnered with a prominent crypto exchange, FTX. The partnership seems to come in an attempt to embrace crypto payments in a new dimension. As revealed,…
Fortress blockchain raises $22.5 million in seed funding
Fortress, a popular blockchain firm, has raised over $22.5 million in its latest seed funding round. The funding round was led by a family office asset management venture, Ayon Capital.…
California regulator issues a “cease and desist” order to Celsius
The Department of Financial Protection and Innovation of California (DFPI) has ordered popular crypto lender Celsius to stop selling securities within the state. In a “desist and refrain order” by…
CoinFLEX files for restructuring in Seychelles court amidst crisis
Renowned crypto exchange, CoinFLEX has filed for restructuring in a local court in Seychelles. The crypto exchange revealed this development to its users via mail. Coinflex disclosed that the mail…
CreatorDAO raises $20 million in funding round
CreatorDAO, a popular decentralized autonomous venture, has announced the completion of its latest funding round. Reportedly, the firm received about $20 million. The funding round was led by a16z Crypto…
Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
“Things are much more encouraging, even though this is clearly a time of pain,” said Wave Financial’s head of business development Mike Jones. Two executives at Wave Financial, an asset…
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
The past actions of bad actors has forced the country’s regulators to take a tough stance on crypto exchanges. It’s a story that still haunts the early generation of Canadian…
SBI Group reports investee getting CFTC approval for OTC derivatives trading in US
Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility. The United States subsidiary…
$475M in Bitcoin options expire this week — Are bulls or bears poised to win?
BTC futures data shows bulls are not sure that Bitcoin price will hold above $24,000, but range-bound action could help them profit from Aug. 12’s $475 million options expiry. Bitcoin…
Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack
When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago in December 2021. Since then, the fractionalized NFT market has…
Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close…
July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’
After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come…
Human Protocol Develops New Layer Featuring Voting, Proof-of-Balance, Liquidity, and Slashing – the Routing Protocol
HUMAN Protocol is an infrastructure to reshape how humans work, by supporting distributed job markets in which any job, of any size or type, can be securely tokenized, published, and…
DOGECOIN Price Prediction for August 11th: Dogecoin Is Preparing to Reverse Trend
Dogecoin has recorded some minimal gain in recent times till now. Nevertheless, at this point, it seems like things are about to make a U-turn for this crypto. Furthermore, activities…
Flow Pumps 50% as Meta Confirms NFT Rollout
Flow pumps 50% in seven days to trade at $2.93; however, the coin failed to extend its previous day’s bullish rally. Flow drew some offers near the $2.81 level as…