First limited-edition AFL NFT drop sells out in less than 12 hours

First limited-edition AFL NFT drop sells out in less than 12 hours

After selling out in the initial drop, the limited edition digital packs had a retail price of 34.39 USDC each, raising almost $130,000. The inaugural limited-edition release of nonfungible tokens (NFTs) from the Australian Football League (AFL) received a fervent response on Wednesday, selling out in just under 12 hours. The football league released Ripper […]

Ontario crypto exchanges limit altcoin purchases to 30K CAD yearly

Ontario crypto exchanges limit altcoin purchases to 30K CAD yearly

According to the crypto exchanges, the new buy limitations are meant to “protect crypto investors” and make them “more aware of the hazards” In order to “protect customers” despite stricter laws, Canadian crypto exchanges Bitbuy and Newton are imposing a 30,000 Canadian dollar yearly “buy limit” for “restricted currencies” for their users living in Ontario. […]

CBDCs only option to smooth continuity of monetary system: ECB

CBDCs only option to smooth continuity of monetary system: ECB

The ECB working paper intended to identify CBDCs related challenges, areas of agreement, and research needs, such as user preferences. The creation of central bank digital currencies (CBDCs), according to the European Central Bank (ECB), looks to be the “sole answer” that would ensure the “smooth continuance” of the current monetary system. The remarks were […]

Aid for Ukraine crypto fund purchases vests, optics, and UAVs

Aid for Ukraine crypto fund purchases vests, optics, and UAVs

The Aid For Ukraine crypto contributions have “significantly aided Ukraine’s military,” according to a Ukrainian government official. According to the Ukrainian Deputy Prime Minister, the crypto community has donated an astonishing $54 million through “Aid For Ukraine” to assist the nation’s military actions against Russia. According to Ukraine’s Deputy Prime Minister Mykhailo Fedorov’s tweet on […]

Aave urges members to support Ethereum PoS chain

Aave urges members to support Ethereum PoS chain

The result will provide a clear picture of where Aave token owners stand in relation to the impending ETH hard fork. In order to participate in an AAVE Request for Comment (ARC), holders of Aave tokens must “commit” to Ethereum’s proof-of-stake (PoS) consensus. The ARC was put forth on August 16 in light of Ethereum’s […]