G20 regulator will offer worldwide crypto guidelines in October 2022
Given its recent instability and “growing interconnection with the traditional financial system,” the FSB appears to be more worried about the crypto market. All G20 nations are represented on the Financial Stability Board (FSB), a global financial regulator, which is getting ready to suggest worldwide rules for crypto and stablecoins in October. The FSB announced […]
Axie co-founder states project is “healing” as volumes increase by 205%
Following the introduction of its new NFT land staking function and continuous improvements to the Origin fight game style, interest in Axie Infinity appears to be increasing once more. Axie Infinity, a play-to-earn (P2E) Metaverse game, seems to be recovering as its NFT sales volume had increased by 205 percent during the last seven days. […]
Re-Entrancy Exploit Hits NFT Platform OMNI, Losing $1.4M in ETH
The NFT company, OMNI has temporarily paused all of its services and informed users that no consumer monies were stolen. A re-entrancy attack caused OMNI, an NFT financial company that lends out cryptocurrencies in exchange for staked NFTs, to lose roughly 1,300 ETH, which was worth $1.4 million at the time. Bad Debts from Poor […]
Man City signs sponsorship deal with OKX despite market instability
By scanning the QR codes on street art that the cryptocurrency exchange has commissioned, Manchester City supporters will also have the opportunity to win season tickets in the OKX Hospitality Box. The English Premier League (EPL) champions Manchester City have announced that cryptocurrency exchange OKX has agreed to sponsor the team’s practice uniform for the […]
Riot Blockchain had 73% YoY increase in BTC production in June
Riot Blockchain started moving its miners to Texas in June 2022 after reporting a considerable rise in production compared to June of the previous year. Riot Blockchain, one of the top cryptocurrency mining companies , mined 421 BTC in June this year, a significant rise over the 243 BTC generated in June 2021. To cut […]