OpenSea’s NFT volume drops almost 50% after a surge in August

Following a massive rise in sales volume of $4 billion for the leading nonfungible token (NFT), marketplace OpenSea during the month of August, the latest numbers do not match up to those in August. NFT marketplaces have mainly followed the bearish trend seen in cryptocurrency markets over the last week, with price adjustments in platforms, […]
Andreessen Horowitz hires Former CFTC boss as an advisor

Andreessen Horowitz venture capital firm which is also known as a16z has brought former United States CFTC commissioner Brian Quintenz aboard its operation as an advisor. Over the last several years, cryptocurrency regulation has become a more important concern. Andreessen Horowitz, a venture capital firm, has hired a former leader of the United States Commodity […]
Swiss exchange SIX receives permission to launch crypto marketplace

The Switzerland financial authority has today approved SIX Swiss Exchange for the launch of a digital asset marketplace utilising DLT. On Friday, the Swiss Financial Market Supervisory Authority, or FINMA, approved SIX, a licensed Swiss exchange, to start a distributed ledger-based digital asset marketplace and central securities repository. Despite its initial plans to launch in […]