Video game corporation Valve bans crypto and NFTs based content
Users of Valve’s Steam marketplace have been advised that no content connected to cryptocurrencies or nonfungible tokens (NFTs) will be permitted on the platform. Steam has modified its criteria for what material artists are authorized to distribute on the platform, as revealed by game developer SpacePirate on October 14. No blockchain-based applications that “issue or […]
CFTC fines Tether and Bitfinex a combined $42.5 million
Tether and Bitfinex were fined $41 million and $1.5 million, respectively, by the Commodity Futures Trading Commission (CFTC) on Oct. 15, citing violations of a previous CFTC ruling. Tether, the company behind the eponymous stablecoin, only had sufficient cash reserves to underpin the dollar-pegged asset for 27.6% of the time during the 26-month period under […]
ShapeShift burns 80% of its digital trading card supply
ShapeShift non-custodial cryptocurrency exchange plans to retain 16 cards from the blockchain-based game Spells of Genesis and give the remaining 16 will be placed under the control of its new DAO. Non-custodial cryptocurrency exchange ShapeShift has burned hundreds of themed collectable “cards” from the blockchain-based mobile game, Spells of Genesis . The remaining cards in […]
Hindu group in India calls for tougher crypto regulations
Mohan Bhagwat, the head of India’s right-wing Hindu nationalist organisation, has called for proper policing of the crypto space along with other stricter measures targeted at the digital space. The RSS chief made these remarks during a speech commemorating the Hindu festival of Dussehra , according to Asian News International. Despite multiple rumours of impending […]
Solana’s chances of reaching $275 coincides with a general increase in the cryptocurrency market
The price analysis for Solana (SOL) suggest that the stock could reach $275 in the coming sessions. The bullish outlook for Bitcoin , the world’s sixth-largest cryptocurrency by market capitalization, comes as the cryptocurrency consolidates within a range that resembles a Bull Pennant pattern. To put it another way, Bull Pennants are bullish continuation indicators […]