Bitcoin faced an increased selling pressure below USD 11,200 and it moved below the USD 11,000 level. Similarly, altcoins extended declines, including Ethereum’s Ether, trading lower by 3.5% to USD 1,165. The main driving force was again regulation since Federal judges in Brooklyn, New York, are said to discuss whether bitcoin can be regulated or […]
Crypto Bubble by Sandro Ieva, last sold for ETH 0.5 (USD 800). Source: async.art The non-fungible token (NFT) hype is very real – and the popularity of digitized art, music, manga and all the rest is now threatening to eclipse that of some of the world’s biggest cryptoassets. Per data from Google, NFT-related searches are […]
Source: Adobe/Nigel The debate about blockchain gaming, non-fungible tokens (NFTs) and regulation continues to rumble on in South Korea – with the nation’s gaming commission speaking out about its reasoning for long delays in issuing ratings to blockchain game developers. As previously reported, video game developer SkyPeople has been forced to wait over a month […]
Source: iStock/NKTN Due to a recent crypto market crash, Ethereum (ETH) locked in DeFi (decentralized finance) is on the rise, while industry players are fixing the flash loan manipulation problem and MakerDAO raises the governance delay. In early February, total value locked (TVL) in DeFi surpassed USD 1 billion. It fell back and now, a […]
Source: Adobe/Kalyakan As the technical infrastructure underpinning decentralized finance (DeFi) continues to improve, this sector is likely to take its share from centralized lending and trading venues, according to Kyle Samani, Managing Partner at crypto investment firm Multicoin Capital. However, great challenges remain for DeFi protocols before this can become a reality. In his recent […]