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According to blockchain tracker Whale Alert, XRP valued at approximately $161.2 million was moved from crypto exchange Kraken to an unknown wallet.
“500,000,000 XRP (161,221,368 USD) transferred from Kraken to unknown wallet.”
More info: https://bit.ly/3AWt04k
Per Forbes report, 51% of the daily Bitcoin trading volumes listed on exchanges are probably fraudulent or for non-economic purposes. Forbes obtained the information by examining 157 cryptocurrency exchanges located in various nations.
More info: https://bit.ly/3e9PMNv
Facebook’s parent company Meta said the social media platform’s roughly 2.9 billion users would have the ability to share digital collectibles and NFTs.
More info: https://bit.ly/3e5dCtw
Mastercard is set to partner with the global crypto exchange Binance to launch a crypto payments card for consumers. The partnership between both firms will launch the cryptocurrency payments card, which will support 14 crypto-assets. These assets include USDT, BNB, BTC, BNB, ETH, ADA, and XRP, among others.
More info: https://bit.ly/3Q4wBBM
Racing behemoth Formula One has filed two trademarks related to non-fungible tokens and crypto for the Las Vegas Grand Prix event, which is expected to take place in November 2023.
More info: https://bit.ly/3e0F0sE
One of the creditors from the Mt. Gox incident has rejected reports about the now-defunct exchange repaying all of the approximately 140,000 BTC in one go.
More info: https://bit.ly/3QZN9MG
The U.S. Securities and Exchange Commission has decided not to object to Ripple Lab’s request to seal identities of certain non-parties and Ripple employees in the Daubert motions, as its lawsuit against Ripple drags on.
More info: https://bit.ly/3CJlHyx
Bitcoin price failed to stay in a positive zone above USD 21,000. BTC started a fresh decline and traded below USD 20,000. ETH traded below the USD 1,550 and USD 1,500 support levels.
More info: https://coin360.com/
The NFT scene is hitting MTV. Snoop Dogg and Eminem are scheduled to put on a “one-of-a-kind” Bored Ape Yacht Club-inspired performance of their single “From the D 2 the LBC” on MTV this Sunday.
More info: https://bit.ly/3RaZAVr
Asian crypto exchange Zipmex has requested meetings with Thailand's Securities Exchange Commission (SEC) and other regulators to discuss the firm’s “recovery plan.”
On Aug. 15, the company had scored more than three-months of creditor protection, protecting the exchange from potential creditor lawsuits until Dec. 2, 2022 while it comes up with a restructuring plan.
More info: https://bit.ly/3PNDzuN
The volume for this month is, as of August 24, $369.53 million, according to The Block's Data Dashboard. By contrast, NFT marketplaces saw approximately $675.43 million in volume during July.
OpenSea continues to hold its place as the dominant market leader, accounting for $303.47 million or roughly 82% of the month's reported volume activity.
More info: https://bit.ly/3RtFuGn
The Securities and Exchange Commission has delayed a decision on VanEck's latest bid to create a spot bitcoin exchange-traded fund (ETF). The order set Oct. 11 as the date on which the SEC would "either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change."
More info: https://bit.ly/3pOn0EG
Mastercard CEO Michael Miebach says that financial services company is working with the world’s largest crypto exchange by volume Binance to enable people to use their digital coins when purchasing from stores that accept Mastercard.
More info: https://bit.ly/3CyhGwt
Popular crypto exchange Coinbase announced on Wednesday the launch of cbETH, its new wrapped and staked Ethereum ERC-20 token.
More info: https://bit.ly/3pIick1
Uniswap clearly stated that its plans for planning partnerships with the lending protocols are based on NFT financialization.
More info: https://bit.ly/3R6KdNH
According to the SEC definition that Congress is looking to affirm, any token in which users invest with “an expectation of profit” is likely to be a security. Let’s talk a bit about what that may mean for your favorite tokens.
Tokens related to cryptocurrency games — known colloquially as “GameFi” — were worth a cumulative total of nearly $10 billion as of mid-August, give or take a few billion.
More info: https://bit.ly/3ApnINc
For the hard fork to be completed, at least 75% of all stake pool operators are supposed to have updated their nodes to version. 1.35.3. As it stands now, only 46% of all stake pool operators have actually updated their nodes.
More info: https://bit.ly/3TdK5hs
Leading crypto exchange Binance was present during a senate hearing in the Philippines. The crypto exchange also supposedly targeted a VASP license in the Philippines back in June.
More info: https://bit.ly/3CKkLKj