The9 launches NFTs trading platform NFTSTAR
Nasdaq-listed Internet company The9 Limited, announced today that it has entered the Non-Fungible Token (“NFT”) market. The company’s Singaporean subsidiary will launch the NFT trading platform. NFTSTAR Singapore Pte. Ltd. , a wholly-owned subsidiary of The9 Limited in Singapore, will launch an NFT trading and community platform called NFTSTAR (www.nftstar.com) in the fourth quarter of […]
Anonymous whales reportedly transferred over 1.3 million bitcoins in large clumps
The blockchain has recorded a high number of cryptocurrency transactions, each containing an average of 21,000 Bitcoins, during the course of the last twenty-four hours. A total of more than 60 billion USD in Bitcoin was transferred in total. Whales move more than 1.3 million dollars in Bitcoin. These sixty transfers have a total value […]
Monetary Authority of Singapore shortlists 15 companies to develop retail CBDC
The Monetary Authority of Singapore (MAS) has chosen 15 participants in the “Global CBDC Challenge” to assist in the development of a retail CBDC. In the end, only three winners will be chosen for deploying a retail CBDC in Singapore. Six businesses from Singapore, four from the United States, and one each from Australia, Barbados, […]
Central Bank of Nigeria releases draft rules for the eNaira CBDC programme
The planned central bank digital currency, according to the CBN, will have parity of value and will operate as a non-interest-bearing CBDC (Central Bank Digital Currency). The Central Bank of Nigeria (CBN) has announced preliminary instructions for its proposed eNaira digital currency, which is expected to be launched later this year. The Central Bank of […]
Hong Kong’s watchdog to place restrictions on ICOs
The Hong Kong Securities and Futures Commission (SFC) has announced the start of its latest anti-scam and anti-crypto fraud program. The SFC clarified today in a public notification that the sale of CIS products to the general public in Hong Kong without the SFC’s approval is strictly forbidden. In addition, the commission cautioned investors to […]