A new player has entered the collectibles space with the introduction of “Solo Leveling: Unlimited”, an NFT platform based on the South Korean web novel and webtoon, Solo Leveling. Developed by Singapore-based Web3 company OtherWorld, this platform aims to combine entertainment and blockchain technology on the Avalanche blockchain. One intriguing feature of “Solo Leveling: Unlimited”
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Recently, Binance has made significant announcements regarding the implementation of stricter measures to combat account misuse on its platform. These measures include enhanced monitoring of all account activities to detect instances where certain features are being exploited to gain unfair advantages. The company has stated that it will suspend or terminate accounts found to be
With the upcoming approval of the first spot Ethereum ETFs in the United States, experts are projecting a substantial increase in the price of the second-largest cryptocurrency in the market. Discussions between asset managers and regulators are reportedly in the final stages, with the US Securities and Exchange Commission (SEC) potentially granting approval as early
Recently, Keisha Lance Bottoms, who is set to become Joe Biden’s senior campaign adviser, made a statement to the media emphasizing that cryptocurrency is a nonpartisan issue. She highlighted that crypto has garnered bipartisan support and has attracted voters from all across the United States. Bottoms also mentioned that crypto and blockchain technology are reshaping
The highly anticipated Illuvium Open Beta is scheduled to launch on July 25, 2024, exclusively through the Epic Games Store for PC. Since its inception in 2020, the game has undergone active development, blending elements from various gaming genres to create a truly unique experience. The Illuvium team has shown remarkable dedication to delivering a
ESMA’s proposed regulations under the Markets in Crypto Assets Regulation (MiCA) have been met with criticism from Paradigm, a leading firm in the crypto industry. One of the main concerns raised by Paradigm is the misinterpretation of Maximum Extractable Value (MEV) by ESMA. MEV plays a crucial role in the operation of DeFi ecosystems, allowing
CleanSpark, a prominent publicly traded Bitcoin mining company, recently made headlines with its acquisition of GRIID Infrastructure in a significant all-stock deal worth $155 million. This move adds 20 megawatts of power to CleanSpark’s mining operations immediately, with an additional 400 MW expected to be added in Tennessee over the next two years. The merger
The US Securities and Exchange Commission (SEC) is on the brink of potentially approving the latest adjustments to spot Ethereum ETFs by July 4th. Discussions between asset managers such as BlackRock, Franklin Templeton, and Grayscale Investments, along with regulators, are reaching their final stages. This progress comes after the successful launch of spot Bitcoin ETFs
Coinbase, the largest cryptocurrency exchange in the United States, is currently embroiled in legal battles with both the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The exchange has filed lawsuits against these regulatory bodies for allegedly failing to comply with information requests related to closed crypto cases. Coinbase argues that
The recent decline in Bitcoin price can be attributed to major sell-offs orchestrated by large governments. The German government, for example, sold around 2,786 BTC worth $140 million. Similarly, the US government moved almost 4,000 BTC to the Coinbase exchange, amounting to $241.22 million. The transfer to centralized exchanges like Coinbase for sale indicates a