Author: Crypto Insider

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…