Putin, Morgan Stanley CEO, Cathie Wood Support Bitcoin

Putin Russia Bitcoin crypto

Amid China’s Bitcoin mining crackdown, Russian President Vladimir Putin publicly supports the existence of Bitcoin (BTC) and cryptocurrencies. This echoes with Morgan Stanley CEO James Gorman, and ARK Invest founder Cathie Wood. Bitcoin has been under serious crackdown in China. Meanwhile, Russian President Vladimir Putin has publicly stated his support towards Bitcoin and cryptocurrencies. “I […]

FTX, Coinbase to Launch New NFT Marketplace Competing with OpenSea

FTX NFT Marketplace

Cryptocurrency exchange FTX launches an NFT marketplace FTX NFT for American customers, focusing on the Solana NFT projects. FTX NFT will directly compete with OpenSea and Coinbase, which is about to launch an NFT marketplace. FTX.US’ new NFT marketplace specializes in NFT projects on the Solana blockchain. Popular Solana NFT projects include Aurory and Degenerate […]

Bored Ape Yacht Club NFT to Airdrop Token Next Year

Bored Ape Yacht Club BAYC NFT token

The NFT craze returns! Following Sotheby’s auction, NFT project Bored Ape Yacht Club (BAYC) plans to issue its own token next year. Crypto collectible NFT projects are issuing their own tokens as the next stage. Bored Ape Yacht Club announces on Twitter that it is launching its own token in the first quarter of 2022. […]

Doge Killer Returns! Shiba Inu’s Future on DeFi, NFT?

SHIB Shiba Crypto Doge

Shiba Inu Coin (SHIB) is the latest market hit! The ‘Doge Killer’ Coin is now ranking among the world’s top 20 cryptocurrencies by market cap. SHIB’s surge in popularity has likely to do with its latest development in DeFi and NFT, and a boost from Dogecoin’s ‘Godfather’ Elon Musk. So, what is the future prospect […]

Key Takeaways: SEC Chair on Crypto Exchange Ban, Stablecoin Regulation

SEC Regulation Stablecoin Crypto Gensler

SEC chairman Gary Gensler announced the cryptocurrency regulatory framework will cover stablecoins, exchanges, and almost all decentralized exchange (DEX) platforms! The SEC will not ban cryptocurrencies as China has recently done, according to the SEC chair. And the SEC’s focus is on investor and consumer protection rules, anti-money laundering regulations and tax laws. The SEC […]

Stablecoin Regulation? SEC Subpoenas USDC Backer Circle

Circle stablecoin USDC Allaire

U.S. regulators are targeting stablecoins! Circle, stablecoin USDC’s issuer, is under investigation by the SEC. The investigation likely has to do with the US regulation of stablecoin, or Circle’s high-interest yield product. As the issuer of the world’s second largest stablecoin, Circle received an investigation subpoena from the US SEC in July. It requests Circle […]

Hong Kong Launches Digital Currency to Track Money Transfer?

Hong Kong digital dollar yuan

The Hong Kong Monetary Authority (HKMA) releases a technical whitepaper on Hong Kong’s digital currency. One feature is the HKMA can track users’ money transfers and transactions. And, it allows an easy exchange between the e-HKD and China’s digital yuan, or DCEP. HKMA’s whitepaper studies the issuance of a central bank digital currency for daily […]

GameFi Takes Off? Axie Infinity Launches Airdrop, Staking, New Exchange Platform

Axie Infinity NFT Game AXS Airdrop Staking

GameFi Returns! NFT game giant Axie Infinity has recently launched a number of new features including AXS airdrop, AXS staking, and a new decentralized exchange platform! NFT game Axie Infinity adopts the ‘Play-to-Earn’ gameplay model. Players can participate in battles with their NFTs – ‘Axie’ monsters in the game. Also, they can trade Axie NFTs […]

China’s Crypto Ban Is Due To Power Shortage?

China crypto ban power mining

Tesla and SpaceX CEO Elon Musk suggests that China’s crypto ban is due to the recent power shortage in the nation. Power outages are occurring in Beijing, Shanghai and other cities in China. And, part of the reason can be the mining activities of Bitcoin and other cryptocurrencies. Last Friday, Chinese regulators, including the People’s Bank of […]