Tag: bitsellx

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South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space

LGU+, one of South Korea’s biggest telecoms firms, will issue a new batch of non-fungible tokens (NFTs) next month – as it looks to move further into the crypto and blockchain sectors…. Read More: South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space  Read more »Sign up for e-EUR – the progressive stablecoin

78% of Americans Seek Diversification With Crypto, 46% Satisfied With Such Investments – Survey

Among the Americans who have invested in crypto, as many as 78% view it as a way to diversify their investments, and a combined 46% say their allocations to crypto have brought about the same performance as they expected or better, according to a recent survey by US nonpartisan think tank Pew Research Center. This…
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Meta announces Facebook and Instagram users can post NFTs from digital wallets

“This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both,” said Meta. Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets. In a Monday update to a May 10 blog post,…
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Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus…
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Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%. The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also witnessing a see-saw battle near the psychological level of $20,000…
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Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional

The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country. According to Reuters, on Monday, the Central African Republic’s (CAR) Constitutional Court said that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional due to the absence of market…
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South Korean central bank eyes MiCA, says future regulations may allow ICOs again

A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovation. The South Korean central bank has indicated that initial coin offerings (ICOs) will be allowed under the Digital Assets Framework Act, according to a local news report. That…
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Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution

Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual…
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UN Human Rights Chief Voices Concern Over Assange Extradition Case, Wikileaks Continues to Raise Large Sums of Crypto

On Saturday, the human rights chief at the United Nations (UN), Michelle Bachelet, said that the potential extradition of whistleblower Julian Assange raises concerns for the rights of future whistleblowers and investigative journalists. Meanwhile, cryptocurrency supporters have continued to donate to Assange and his legal battle as Wikileaks has amassed hundreds of thousands of dollars…
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The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week

The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage to Stave off Some of This Week’s Market Carnage,…
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