El Salvador’s big Bitcoin bet. Kim Kardashian, crypto flirt. Hong Kong’s crackdown warning.
Top blockchain and cryptocurrency news: El Salvador’s BTC experiment. EthereumMax and the power of celebrity. Hong Kong shores up regulatory oversight.
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FTX’s NFT platform spammed by fish; SBF’s test NFT sells for $270,000
FTX is the latest crypto exchange to join the NFT bandwagon. “Make your own NFTs,” CEO Sam Bankman-Fried tweeted.
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NFL flags NFTs, crypto sponsorships for teams while it huddles on a digital game plan
The American football league’s 32 teams cannot sell NFTs or accept backing from crypto trading firms — at least for now.
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The world of crypto opens up life-changing earning opportunities for Indian tweens and teens
Gajesh Naik and Laya Mathikshara, two Indian 13-year-olds, are getting global recognition — and making astronomical sums — through their ventures in crypto and NFTs.
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Hacked DeFi platform pledges to replace stolen crypto to users
C.R.E.A.M. Finance suffered a flash loan exploit that was much larger than earlier estimates
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FTX FTT token hits all-time high after LedgerX acquisition
FTX’s exchange token — FTT — has reached a new all-time high following the exchange’s acquisition of crypto derivatives platform LedgerX earlier this week. Fast facts The token hit US$66.33 this morning, according to CoinMarketCap, breaking its previous high of US$61.28, which it set back on May 11, right before the market-wide crash. FTT had…
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Ethereum, Cardano, Solana lead institutional crypto inflows: CoinShares
Cryptocurrency investment products saw a second consecutive week of inflows of US$24 million last week, despite the eighth consecutive week of outflows from Bitcoin of US$3.8 million, according to CoinShares, Europe’s largest digital assets fund manager. Fast facts Total digital assets under management (AUM) across all digital asset fund providers last week stood at US$56.86…
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Hong Kong regulator warns investors against digital tokens and ICOs
Hong Kong’s Securities and Futures Commission on Monday warned that digital tokens and initial coin offerings (ICOs) could be involved in unauthorized collective investment schemes (CIS) and urged investors to exercise extreme caution. Fast facts The SFC’s warning comes as the regulator added two property-related CIS investment projects and the “LABS Security Token” to its…
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AAX to launch its own NFT marketplace, following other crypto exchanges
Amid the immense growth in the non-fungible token market, leading Singapore-based crypto exchange AAX is planning to launch its own NFT marketplace in the “near future,” according to a press release shared with Forkast.News. Fast facts In preparation for the launch, AAX is running a campaign in which its users can auction NFTs for charity…