Crypto exchange Coinbase has disabled NFT transfers on its iOS wallet app because of a dispute with Apple over the company’s in-app purchase policy. The exchange said Apple is demanding it pay a 30% tax on gas fees used to transfer NFTs. Crypto exchange Coinbase announced that users can no longer transfer NFTs using Coinbase’s…

Brazil’s Congress passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country, potentially providing a boost toward the adoption of digital assets in the South American nation. The bill still requires the approval of the executive branch before it becomes law. On Nov. 30, Brazil’s Chamber of…

Crypto exchanges Huobi and Poloniex announced a strategic partnership. Reports of a planned merger of the two exchanges first emerged and were denied by Huobi last week. On Nov. 30, crypto exchange Huobi said it will form a “strategic partnership” with Poloniex, a week after denying rumors that the two firms were planning to merge….

Uniswap Labs, the developer of the decentralized exchange protocol Uniswap, is starting a new NFT marketplace, aiming to break the barrier between crypto exchanges and NFT markets. Uniswap is also airdropping $5 million to early Genie adopters. Uniswap, one of the most popular DeFi protocols, wants to foray into the NFT sector with its own…

Blockchain gaming group Animoca Brands plans to launch a fund of up to $2 billion to invest in metaverse startups in the mid and late stage, the company’s co-founder and CEO Yat Siu said. The fund aims to strategic investments in Web3 ecosystem development rather than pursuing financial returns. Animoca Brands CEO, Yat Siu, said…

BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, said its NFTs will be available for sale on the OpenSea core marketplace. The integration with OpenSea will enable BNB Chain support for NFT creators. BNB Chain will be launched on OpenSea’s Seaport Protocol by the end of the year, allowing…

Coinbase Wallet will no longer support the native tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple’s XRP Ledger (XRP), and Stellar (XLM), starting Dec.5, citing “low usage” as its reason for no longer supporting those tokens. According to a Nov. 29 notice on the crypto exchange’s website, Coinbase said its wallet will no…

As the bear market continues, crypto investment products are experiencing last week their biggest outflows in three months. A new CoinShares report suggests that investors continue to feel bearish following the FTX crash. On Nov. 28, digital asset investment firm CoinShares revealed in a new report that investors took $23 million out of the crypto…

Crypto lender BlockFi would file for Chapter 11 bankruptcy protection, an insider said. BlockFi is the latest crypto firm to file for bankruptcy after the collapse of FTX’s crypto empire. In an official statement, the company said it “will focus on recovering all obligations owed to BlockFi,” but that “recoveries from FTX will be delayed”…

As Bloomberg reported, many crypto hedge funds operating in the UAE had invested all their client money on FTX, giving them a hard time pulling funds out of the exchange. As a result, UAE officials expressed concerns over the pace of some approvals – that failed to identify meltdowns of FTX and Three Arrows Capital….