Market focus

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…

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….

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…

Not every digital artwork needs to be an NFT. After all, NFTs can already do so much more, notes Abigail Carlson on Decrypt. I had a realization recently while wandering through the Musée Matisse in Nice, France, where I went to see a temporary exhibit on David Hockney. If you’re not familiar, Hockney is considered…

Breaking crypto news from the last week (Sept. 3 – 9, 2022): Sept. 10: Blockchain.com, a London-based crypto exchange, has been granted provisional regulatory approval by the Virtual Assets Regulatory Authority (VARA) in Dubai. After granted provisions, institutional and retail clients can use the crypto platform in the UAE. MicroStrategy, a software development firm that…

Investors should take note of some of Ethereum’s core traits that just changed — Christopher Robbins describes them on CoinDesk. Ethereum has been getting ready to “merge,” creating temporary disruptions in some crypto trading and potentially new opportunities for investors. Now the Merge has finally happened. But what does it really mean? In simple but…