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Elrond CEO Beniamin Mincu has taken to Twitter to announce Elrond's strategic partnership with Singapore-based cryptocurrency exchange MEXC Global. In the terms of the partnership, MEXC Global will support projects in the Elrond Network ecosystem with guidance, funding and access to new markets in more than 200 countries, including the U.S.
More info: https://bit.ly/37Cu558
An ethereum hacker has claimed more than $600,000 worth of ape coins through flashloan ‘borrowing’ a Bored Apes Yacht Club (BAYC) NFT that was immediately returned after the airdrop was claimed.
More info: https://bit.ly/3D00IWb
American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade in collaboration with Galaxy Digital.
More info: https://bit.ly/3wwh87g
Following the acquisition of an unidentified fintech company, major cryptocurrency exchange FTX has reached another landmark in its global expansion as the platform officially sets up shop in Australia.
More info: https://bit.ly/3wnPiu1
The Indian government is working to determine whether cryptocurrencies can be classified as goods or services, which can impose a different taxation scheme on digital assets.
Government officials believe crypto trading is similar to gambling and lottery, which have a 28% goods and services tax (GST).
More info: https://bit.ly/36cOygE
Fantom (FTM), a blockchain platform that powers decentralized finance (DeFi) applications, reports a 4,200% increase in smart contracts deployment since February 2021. It notes that the number of deployed verified contracts rose from 111 recorded in February 2021 to 4,677 in February of this year, representing a 42x increment.
More info: https://bit.ly/3ij1qEr
Russia’s central bank has issued a crypto license to local financial institution Sberbank. The move comes on the heels of recent agitation from Russia’s Finance Ministry, calling for the legalization of digital assets in the country.
More info: https://bit.ly/3N1JJan
PrivatBank, the largest commercial bank in Ukraine, has temporarily restricted its customers from purchasing Bitcoin with the national currency, the hryvnia (UAH).
More info: https://bit.ly/3KQIysE
Ethereum took a further step back in total transactions in February as Binance Smart Chain saw a 378% increase in transactions over the first smart contracts-backed blockchain network.
More info: https://bit.ly/37H4jNi
Ethereum’s merge on the Kiln testnet on Wednesday was a success, as the blockchain passed the final public test before its highly anticipated transition from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), which is expected to happen by the end of Q2, 2022.
More info: https://bit.ly/363qvkd
Exodus’ shares started trading on Securitize on Wednesday, allowing investors from all across the United States and international investors from more than 40 countries to trade the Exodus Class A common stock.
More info: https://bit.ly/3IiN8OG
Ukrainian President Volodymyr Zelenskyy has signed a virtual assets bill into law to legalize cryptocurrencies in a country that is receiving millions in crypto donations for military and humanitarian aid.
More info: https://bit.ly/3wbeNyE
Bitcoin is up about 5% over the past 24 hours, topping the $41,000 mark. Ethereum has added nearly 6%, meanwhile, as the wider market starts to recover.
More info: https://bit.ly/3qaQIUP
The ecosystem of Cardano (ADA) continues to grow, so does its total value locked (TVL), which has made major strides since late January 2022, recently surpassing the $200 million mark.
More info: https://bit.ly/3MXiyxu
This rings true according to data provided by on-chain analytics platform Glassnode. 31,130 bitcoin — worth approximately $1.2 billion — was moved away from the Coinbase exchange in the past week. This is the largest net outflow registered since 2017.
More info: https://bit.ly/3JfZSqD
Meta CEO Mark Zuckerberg has revealed that its video and photo sharing app, Instagram, is preparing to add non-fungible tokens (NFTs) to the platform.
“We’re working on bringing NFTs to Instagram in the near term,” Zuckerberg reportedly stated in an appearance at the South by Southwest conference in Austin, Texas. The Facebook founder did not provide specifics on when theimplementation would happen.
More info: https://bit.ly/3q9bkNn
The EU parliament yesterday rejected the proposal limiting proof-of-work in a closely won vote. Bitcoin is up 2.9% to $39,473.
More info: https://www.coingecko.com/