Statement

APENFT Announces Strategic Partnership With BAYCTron; Tron’s Justin Sun Follows Closely

Source Node: https://bitcoinist.com/apenft-announces-strategic-partnership-with-bayctron-trons-justin-sun-follows-closely/?utm_source=rss&utm_medium=rss&utm_campaign=apenft-announces-strategic-partnership-with-bayctron-trons-justin-sun-follows-closely
Time Stamp: September 26, 2021 9:13 AM - Modified On: September 26, 2021 - Published By:
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After its highly anticipated marketplace launch, Bored Ape Yacht Club Tron and APENFT Foundation joined forces through a strategic partnership meant to incentivize further the development of promising NFT works on the Tron ecosystem. This collaboration arrives as BAYCTron kicks off its Mutant Apes minting campaign. A series of 15,000 primate-inspired collectibles have been put up for sale following a stunningly fast minting of 10,000 unique artworks earlier this month. With its first collection, Bored Ape Yacht Club Tron supported by Palmar Labs placed itself among the fastest-selling collections on

Time Magazine’s NFT sale peppered with technical problems 

Source Node: https://bitcoinerx.com/blockchain/time-magazines-nft-sale-peppered-with-technical-problems/
Time Stamp: September 26, 2021 3:54 AM - Modified On: September 26, 2021 - Published By:
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When Time Magazine announced it would finally launch its NFT collection, everybody expected that it would sell out quickly, given the magazine’s rich and valuable media content.  While this expectation was indeed met when its NFT collection comprising 4,676 digital art pieces were sold out in just one minute, there was one thing that buyers didn’t expect: Technical glitches.  According to reports, users have experienced gas prices reaching 9,000 gigawei for a rapid transaction. When the minting process was finished, there were roughly 700 holders of NFTs.  Gigawei is a

China Calls All Crypto Transactions Illegal, Bitcoin Drops $4k In Response

Source Node: https://bitcoinist.com/china-calls-all-crypto-transactions-illegal-bitcoin-drops-4k-in-response/?utm_source=rss&utm_medium=rss&utm_campaign=china-calls-all-crypto-transactions-illegal-bitcoin-drops-4k-in-response
Time Stamp: September 24, 2021 8:04 AM - Modified On: September 24, 2021 - Published By:
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China’s central bank has announced that all crypto-related transactions and services are now illegal. In response, Bitcoin drops down to $41k from $45k. China Announces All Crypto Transactions And Activities Are Illegal As per a report from Bloomberg, China has intensified its crackdown on crypto and Bitcoin as the nation’s central bank says all digital currency transactions are illegal. According to The People’s Bank Of China (PBOC), not only are Bitcoin, Ethereum, and others unrecognized as legal tender, any services related to them are also illegal. These crypto services include

Fintech Firm Centbee Graduates From South African Regulatory Sandbox

Source Node: https://news.bitcoin.com/fintech-firm-centbee-graduates-from-south-african-regulatory-sandbox/
Time Stamp: September 24, 2021 8:00 AM - Modified On: September 24, 2021 - Published By:
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Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper Remittances In a statement, the fintech firm claims its Minit Money application has demonstrated an ability to “enable foreigners living in South Africa to send money home across Africa to bank accounts or mobile money wallets at a competitively low cost.” Meanwhile, in

Italian Payments Giant Nexi Involved in Digital Euro Project

Source Node: https://news.bitcoin.com/italian-payments-giant-nexi-involved-in-digital-euro-project/
Time Stamp: September 24, 2021 2:00 AM - Modified On: September 24, 2021 - Published By:
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Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements

Steve Cohen Invests in Crypto Trading Firm Radkl

Source Node: https://beincrypto.com/steve-cohen-invests-in-crypto-trading-firm-radkl/
Time Stamp: September 15, 2021 7:15 PM - Modified On: September 15, 2021 - Published By:
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The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

BIS partners with Australia, Malaysia, Singapore, South Africa for CBDC trials

Source Node: https://ambcrypto.com/bis-partners-with-australia-malaysia-singapore-south-africa-for-cbdc-trials/
Time Stamp: September 2, 2021 8:30 AM - Modified On: September 2, 2021 - Published By:
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The Bank for International Settlements (BIS), spearheaded by Singapore, will test the use of central bank digital currencies (CBDCs) for efficient global payments. Via a recent press release, the BIS announced that it is joining forces with the central banks of Australia, Malaysia, Singapore, and South Africa to examine a direct, shared platform for international payments. The experiment, under Project Dunbar, aims to reduce costs and increase the speed between cross-border payments by institutions. According to Andrew McCormack, Head of the BIS Innovation Hub Centre in Singapore, “Project Dunbar brings

Binance flagged by Singapore’s MAS, placed on Investor Alert List

Source Node: https://ambcrypto.com/binance-flagged-by-singapores-mas-placed-on-investor-alert-list/
Time Stamp: September 2, 2021 8:00 AM - Modified On: September 2, 2021 - Published By:
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While Binance has continued to accelerate its compliance efforts, its regulatory woes just keep mounting. The Monetary Authority of Singapore [MAS] is in the news today after it put the cryptocurrency exchange on its regulatory radar. The exchange platform was placed on the central bank’s Investor Alert List on 2 September. The list contains companies or entities that have not been licensed by the regulatory body but may have been wrongly perceived by investors to be regulated. Now, while no further details about the flagging have been provided, it comes

Chicago’s A Safe Haven Announces The Passing of Board of Directors Member Linda S. Mensch

Source Node: https://www.prweb.com/releases/chicagos_a_safe_haven_announces_the_passing_of_board_of_directors_member_linda_s_mensch/prweb18160238.htm
Time Stamp: August 28, 2021 4:00 PM - Modified On: August 28, 2021 - Published By:
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A Safe Haven announces the passing of Chicago-based entertainment attorney and dedicated volunteer Board of Directors Member Linda S. Mensch. Photo credit: A Safe Haven. “Linda S. Mensch was an amazing life force in her professional career as an award-winning lawyer in the music and film industry. “She was also an amazing dedicated board member of A Safe Haven and champion for the cause of helping the homeless for over 12 years.” CHICAGO (PRWEB) August 28, 2021 A Safe Haven, (ASH), an internationally acclaimed top Chicago-based 501©3 nonprofit dedicated to

Adoption of Crypto by South American Countries and Implications for Gambling

Source Node: https://themerkle.com/adoption-of-crypto-by-south-american-countries-and-implications-for-gambling/
Time Stamp: August 28, 2021 1:36 PM - Modified On: August 28, 2021 - Published By:
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South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country

What is Star Atlas? (POLIS & ATLAS)

Source Node: https://www.asiacryptotoday.com/star-atlas/
Time Stamp: August 27, 2021 2:14 PM - Modified On: August 27, 2021 - Published By:
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Star Atlas held its IEO in FTX last January 26. This full guide talks about the inner workings of the Star Atlas platform. In the past year alone, we have witnessed an immense rise in blockchain-based gaming projects. The unique combination of gaming and traditional financing has become quite appealing to a community of blockchain enthusiasts. The introduction of titles like Yield Guild Games and Binamon has truly legitimized the decentralized gaming sector. Star Atlas and other gaming projects alike have shown the importance of non-fungible tokens (NFTs) for a