According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…

Major bank Standard Chartered is launching a cryptocurrency exchange and brokerage platform, giving its clients access to crypto assets, like Bitcoin and Ether. Standard Chartered gets in a growing list of major banking corporations worldwide that have accepted cryptocurrency. On Wednesday, the bank declared that a Standard Chartered PLC unit aims to start a cryptocurrency…

Bitcoin and other cryptocurrencies are a “farce” and a symptom of financial bubbles forming in the markets, said Pascal Blanque, chief investment officer (CIO) at Amundi. Reuters reports that Blanque said at the news conference on Thursday, cryptocurrency regulators will ultimately “stop the music” and be forced to end the party. In a recent research…

Google has announced an update to its existing financial products and services policy, including a policy on cryptocurrency advertising. According to its notice on Wednesday: “This policy will apply globally to all accounts that advertise these financial products.” The new rules will take effect on August 3, and all prior crypto exchange certifications will be…