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Paris Hilton Lists a Few Pieces From Her NFT Collection via Sotheby’s Metaverse Marketplace

on October 23, 2021

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Mining Firm Titan Introduces Lumerin, a Project Aiming to Commodify Bitcoin’s Hashpower

on October 23, 2021

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The NFT Magazine Project Plans to Drop a Periodical in the Form of an NFT on Ethereum

on October 23, 2021

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Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle

on October 23, 2021

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Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

on October 23, 2021

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Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’

on October 22, 2021

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Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers

on October 22, 2021

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Cryptoeats Disappears After Raising £500K From Token Sale

on October 22, 2021

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$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says

on October 21, 2021

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Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

on October 21, 2021

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Nigerian Agency Refuses Blockchain Start-Up Application — Says Tech Not Recognized by Government

on October 21, 2021

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Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’

on October 20, 2021

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Soldex Signs Long Term Partnership With Speqto Technologies

on October 20, 2021

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29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down

The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to continue operations but only four of them can offer trading in Korean won. New South Korean Crypto Regulation in Effect The Act on Reporting and Using Specified Financial Transaction Information requires crypto exchanges to obtain Information Security Management System (ISMS) certification and submit a report to the country’s Financial Intelligence Unit (FIU) by midnight on Sept. 24. Exchanges that want to offer trading in Korea won must also form a partnership with a local bank to offer real-name accounts to users. The Financial Services Commission (FSC), South Korea’s top financial regulator, said Saturday that 29 crypto exchanges are ISMS-certified and submitted a report to the FIU before the deadline. Their submissions will be processed within three months. Only four out of 29 exchange

Italian Payments Giant Nexi Involved in Digital Euro Project

Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements made by Paolo Bertoluzzo, Nexi’s CEO. During an interview at the Money 20/20 conference, Bertoluzzo declared : We are engaging with the European Central Bank and contributing to the design of the future digital euro because we believe that can be a positive force in the evolution of digital payments. Nexi offers payments services for other banks, managing 41.3 million payment cards and 2.7 billion transactions each

Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’

Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto. Anthony Scaramucci Thinks Institutions Are Still Not Big on Crypto Anthony Scaramucci, CEO of Skybridge Capital, thinks there is still a long way until bitcoin and cryptocurrencies are embraced by institutional investors. In an interview offered to Bloomberg, Scaramucci stated that, according to his experience, only 10% of the institutional world is actively investing in cryptocurrency. While this may be a minority, according to Scaramucci, it’s a minority that has some impact. The Skybridge Capital founder says the situation feels like a “feeding frenzy.” The investor stated: The institutions are not the

Swiss Regulator Approves First Crypto Fund: Asset Manager Says ‘It’s an Exceptional Achievement’

Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset manager Crypto Finance and custodied by Seba Bank. “For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets,” said the regulator. First Crypto Fund Approved Under Swiss Laws The Swiss Financial Market Supervisory Authority (FINMA) announced Wednesday that it “has approved the first crypto fund according to Swiss law.” The regulator elaborated: For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets. FINMA explained that the fund is called “Crypto Market Index Fund,” noting that it is “an investment fund according to Swiss law belonging to the category ‘other funds for alternative investments’ with particular risks.” The financial regulator added that there are some requirements tied to the approval. For example, the fund “may only invest in established cryptoassets with a sufficiently large t

Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF

Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its flagship product, Grayscale Bitcoin Trust (GBTC), into a bitcoin exchange-traded fund (ETF). Jennifer Rosenthal, Grayscale’s communications director, tweeted Monday: Today, I’m happy to confirm that Grayscale will file for GBTC to be converted into an ETF as soon as there’s a clear, formal indication from the SEC. She described: “Grayscale’s position has always been clear: we are 100% committed to converting GBTC — and our product family — into ETFs, when the SEC has formally expressed their requisite comfort with the underlying bitcoin market.” The Grayscale communications director added that there are positive developments within the SEC, including th

Fantom Launches NFT Marketplace Artion – Platform Aims to ‘Unburden Creators of High Fees’

On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with the near-zero transaction costs.” Fantom Reveals Beta Version of the NFT Marketplace Artion A new NFT marketplace has been announced by the Fantom Foundation following the billions of dollars worth of NFT sales stemming from veteran NFT markets that leverage the Ethereum ( ETH ) network like Opensea, Rarible, and Makersplace. The non-fungible token collection Fantom Punks is one NFT project that leverages the Fantom blockchain. The project is not affiliated with the firm Larva Labs, creators of the Cryptopunks NFT collection. In more recent times, the Ethereum network, due to excessive network fees and transaction congestion, has been losing ground to other blockchains like Avalanche (AVAX

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