Coinbase launches beta of long-awaited NFT marketplace

    Crypto exchange Coinbase has launched its long-awaited NFT marketplace in beta form after the exchange first announced plans for it in October. It is currently available for select customers and supports only Ethereum-based NFTs and payments in ETH. In the future, Coinbase will also add drops, minting, token-gated communities, and the option to buy NFTs…

    Wall Street’s top executives are turning towards blockchain technology
    21 Apr 2022
    373 Views

    Last week, top executives at financial firms recapped a quarter on Wall Street in their post-earnings calls with investors. A widely-cited topic in those conferences was imminent blockchain plans from the industry’s biggest firms, including BlackRock, JPMorgan Chase, and Goldman Sachs. CEOs of the major financial institutions, including BlackRock, JPMorgan Chase, and Goldman Sachs, were…

    SHAREit connects users and apps in the crypto space
    20 Apr 2022
    487 Views

    SHAREit Group, a global technology company, presented its ability to connect numerous users in the Middle East. The platform drives around two million new users to various crypto apps each month. At the recent Crypto Dubai Expo, SHAREit Director of Global Partnerships Lisa Dominguez, in a keynote speech, shared that the UAE, Egypt, and Saudi…

    Australia’s first Bitcoin ETF is reportedly to go live next week
    20 Apr 2022
    333 Views

    Australia’s first Bitcoin exchange-traded fund, Cosmos Asset Management’s Bitcoin ETF, will be listed on the Cboe equities trading platform next week, Australian Financial Review reported on Tuesday. The report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. According to a report, an Australian clearinghouse controlling…

    IMF report warns of rising cryptocurrency risks and calls for regulatory action
    20 Apr 2022
    438 Views

    On Tuesday, The International Monetary Fund (IMF) issued a report on global financial stability, detailing how a spike in crypto trading could disrupt the global financial system and demanding “strengthening macroeconomic policies.” Also, the war in Ukraine is revealing the risks of crypto payment systems, the IMF said. The IMF has published the “Global Financial…

    DeFi project Beanstalk Farms has lost $182 million after a hacker attack
    19 Apr 2022
    393 Views

    Credit-based stablecoin DeFi protocol Beanstalk Farms built on Ethereum has lost $182 million as a result of a flash loan attack on Sunday. As Bloomberg reported, the hacker got away with $80 million in crypto tokens. The hacker got away with $80 million that was funneled through Tornado Cash, a cryptocurrency mixer protocol allowing private…