Reddit enlisted FTX and Arbitrum to launch its tokens on Ethereum. Users now can move Reddit’s Community Points to Arbitrum-built Ethereum wallets and pay gas fees with FTX Pay. Last month, top forum contributors earned up to $340 in Community Points tokens for posting in the r/cryptocurrency subreddit. Despite the bear market, FTX is continuing…
Luxury brand Tiffany & Co. has jumped into the NFT world with a collection of limited edition Ethereum-based tokens and corresponding CryptoPunks-themed jewelry. Priced at 30 ETH, or about $50,000, the 250 pieces sold out in around 20 minutes, bringing in more than $12.5 million. On August 5, the world-famous luxury jeweler launched its first…
According to a new LinkedIn job posting, financial giant Morgan Stanley is looking for a product development manager with a primary focus on building a wide range of new crypto products. The new executive will lead the team responsible for more than $900 billion in assets under management. The Block reported that the new position…
India’s Enforcement Directorate has frozen WazirX’s bank balances with around $8 million worth. WazirX faced scrutiny for its alleged money laundering. Meanwhile, Binance’s CEO said the company never completed the acquisition of WazirX, which it had announced in November 2019. India’s Enforcement Directorate (ED), a law enforcement agency that investigates financial crimes, has frozen bank…
Leading derivatives marketplace CME Group is set to offer its first euro-denominated Bitcoin and Ether futures on August 29 after its crypto derivatives posted record open interest volumes in Q2 2022. CME Group executive revealed that Europe, the Middle East and Africa region accounts for 28% of total BTC and ETH futures contracts traded. As…
Social media giant Meta has started to roll out NFT support on Instagram across 100 countries after integrating with Coinbase Wallet and Dapper, as well as it will also add support for NFT-focused blockchain Flow. The price of the FLOW token has surged nearly 44% over the day following Meta’s announcement. Mark Zuckerberg, the CEO…