Axie Infinity’s New NFT Monetization Era
Axie Infinity (AXS) has recently unveiled an innovative initiative that could redefine the landscape of non-fungible tokens (NFTs). In a breaking move, the platform has granted its NFT owners the commercial rights to produce and sell authorized merchandise, opening a new chapter in the realm of digital asset monetization. This significant development aligns with the […]
Bean Emerges: Azuki DAO’s New Chapter
Azuki DAO, a decentralized autonomous organization (DAO) centered around the Azuki nonfungible token (NFT) collection, has unveiled a significant rebranding strategy. Transitioning to ‘Bean,’ the DAO simultaneously dropped its proposed lawsuit against Azuki’s creator, Zagabond, pertaining to a contentious $39 million NFT minting incident. The rebranding of Azuki DAO into Bean signifies a new direction […]
Alchemy Pay Secures Iowa Money Services License
Alchemy Pay, a leading fiat-crypto payment gateway, has marked a significant milestone in its expansion journey. On November 23, 2023, the company announced its acquisition of a Money Services License from the State of Iowa. This achievement comes on the heels of their successful attainment of an Arkansas Money Transmitter License, signaling a strategic advancement […]
Lagarde Reveals Son’s Crypto Losses Amid ECB Stance
Christine Lagarde, the President of the European Central Bank (ECB) and a notable critic of cryptocurrencies, has long advocated for shielding the Eurozone from the volatile nature of digital assets. However, in a candid admission, Lagarde revealed a personal encounter with crypto within her own family: her son’s significant losses in cryptocurrency investments. During a […]
Wallet of Satoshi’s US Exit Stirs Regulatory Debate
In a move that has sent ripples through the Bitcoin community, Wallet of Satoshi, a prominent self-custody Bitcoin Lightning app, announced its withdrawal from the US market. This decision, made public on November 24, has sparked widespread speculation and concern about the increasing regulatory pressures in the US, particularly in light of the recent actions […]
UK Greenlights Tokenization of Investment Funds
The United Kingdom has officially authorized the use of tokenization for FCA (Financial Conduct Authority) approved investment funds. Announced on November 24th by The Investment Association, this initiative marks a substantial shift in the investment sector, aiming to enhance efficiency, transparency, and competitiveness. The decision to adopt tokenization, a process of digitizing assets through Distributed […]
Bitfarms’ $44M Raise to Boost Bitcoin Mining
Bitfarms Ltd., a leading Canadian Bitcoin mining company, has taken a significant step towards expanding its operations. The company recently announced a private placement deal with U.S. institutional investors, aiming to raise approximately $44 million (or $60 million CAD). This strategic financial move, expected to close around November 28, involves issuing over 44 million common […]
Coincall’s Fireworks: A Token Airdrop Game-Changer
Coincall is about to transform the market landscape with its innovative promotional campaign, “Coincall Fireworks.” This initiative, launching on November 20th, is designed not just to enhance market awareness and engagement but also to democratize access to crypto derivatives trading. Coincall proudly stands as the world’s first exchange to eliminate spreads in crypto options trading. […]
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