SWIFT tie-ups with Chainlink to develop a cross-chain crypto transfer project
    29 Sep 2022

    Interbank messaging service SWIFT has partnered with Chainlink Labs (LINK) for a cross-chain interoperability proof-of-concept project. The project would connect SWIFT’s network to every blockchain to allow traditional finance players access to digital and traditional assets within the single network. The link-up was announced at an event in New York on Sept. 28. At the…

    Apple wants to allow NFT sales in Apps but with 30% commission fees
    27 Sep 2022

    Apple is adding standardizing acceptance of NFT-based apps to be available on the Apple App Store. However, the company is including their standard 30% transaction fees for all transactions, a mechanism that many NFT firms argue is unreasonable and simply not feasible for their existence in the store. In a report from The Information first…

    Grayscale Bitcoin Trust discount hits a record -35% amid market downturn
    27 Sep 2022

    The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low of -35.26% on Sept. 23. This decline comes four months after its previous all-time low of 34%. Now, Grayscale is suing the SEC after rejecting its application to convert to a spot Bitcoin ETF…

    Crypto Trends Weekly – Sept. 17 – 23
    26 Sep 2022

    Breaking crypto news from the last week (Sept. 17 – 23, 2022): Sept. 18: Metaplex, a creator of the NFT protocol on Solana, is launching an MPLX governance token and will conduct an airdrop for NFT creators. Metaplex said it took a snapshot of eligible creators who created NFTs via Metaplex by August 24 and…

    Bitcoin mining provider Compute North files for bankruptcy
    24 Sep 2022

    Compute North, the US-based Bitcoin mining hosting provider, has filed for Chapter 11 bankruptcy protection in a federal court, citing the decline in Bitcoin pricing and power costs rising. In addition to general market conditions, a shift in the relationship with its biggest creditor, Generate Capital, led the firm to enter the Chapter 11 process….

    Nasdaq reportedly to launch an institutional crypto custody service
    21 Sep 2022

    Equity exchange Nasdaq plans to become an institutional crypto custody service taking on established crypto players like Coinbase. This move is in line with its broader mission to be a crypto service provider rather than facilitate crypto trading. Nasdaq, which operates markets in the US and global equities, is not a newcomer to the crypto…