Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more

The floor prices for some of the largest NFT collections sunk to nearly two-year lows, but have started to edge up in the past 24 hours.

Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more

‘Blue chip’ floor prices near two-year lows The largest nonfungible token (NFT) collections by market capitalization ...

1 year ago

Bitcoin Dominates Institutional Fund Flows for Second Week Running

Institutional investors are only interested in Bitcoin right now as it continues to lead markets in recovery

Bitcoin Dominates Institutional Fund Flows for Second Week Running

On July 3, institutional crypto fund manager CoinShares released its weekly fund flows report. It has been another bullish week for professional investors who are loading up on Bitcoin...

1 year ago

Japan Allocates $6.4B to Strengthen Its Position in the Chip Wars

Japanese Investment Corporation (JIC) offered a $6.4 billion buyout deal to the photoresist producer JSR.

Japan Allocates $6.4B to Strengthen Its Position in the Chip Wars

AI has gained mainstream attention with the advent of tools such as ChatGPT this year. Hence the demand for semiconductor chips, one of the basic requirements for the computation to tr...

1 year ago

Poly network services ‘remain suspended’ after another major hack

Several blockchain security firms have estimated that the protocol lost over $5 million in crypto assets.

Poly network services ‘remain suspended’ after another major hack

DeFi security expert Arhat stated that a smart contract vulnerability on the Poly Network cross-chain bridge caused the attack. Arhat explained that the hacker created a mali...

1 year ago

DeFi developer salaries defy bear market

Average DeFi engineer salaries jumped to around $180,500 towards the end of 2022 despite market turbulence and crypto market meltdowns, data from Durlston Partners showed

DeFi developer salaries defy bear market

Those working in the decentralized finance (DeFi) sector have not only weathered the turbulence but have also been pocketing hefty paychecks throughout the chaos. The cryptocurrency in...

1 year ago

Half of stolen NFTs are sold within 3 hours: PeckShield

PeckShield reports that $2.27 million of NFTs were stolen in June, recording the lowest monthly figure for stolen NFTs in 2023.

Half of stolen NFTs are sold within 3 hours: PeckShield

A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea....

1 year ago

Celsius Network approved to convert altcoins into BTC or ETH

The liquidations will pave the way for the distribution of the funds to creditors in the near future.

Celsius Network approved to convert altcoins into BTC or ETH

The United States Bankruptcy Court for the Southern District of New York has approved bankrupt crypto lender Celsius Network’s plan to convert its altcoins into Bitcoin  BTC...

1 year ago

Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’

Verified Twitter users will be allowed to view 10,000 posts daily, while new, unverified accounts will get 500 under the new limits.

Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’

Social media platform Twitter is temporarily limiting the number of posts users will be allowed to read daily after seeing “extreme levels of data scraping and system manipulation,” ...

1 year ago

SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss

Gemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and utter disaster for U.S. investors.“

SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss

For the last decade, the United States securities regulator has forced investors into “toxic” and “unregulated” crypto products, says Gemini co-founder Cameron Winkl...

1 year ago

Could Bank of America Be Next on the U.S. Banking Crisis List?

America’s central bank wants people to believe that the banking crisis is over

Could Bank of America Be Next on the U.S. Banking Crisis List?

On July 2, industry-leading commentary on global capital markets, the Kobeissi Letter, posted an update on the Bank of America situation. Banking ...

1 year ago

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