Virtual Real Estate: Axie Infinity’s virtual land slot sells out for 550 ETH
It is the greatest sum ever paid for virtual real estate, according to the game’s creators. A valuable land plot within the monster-battle fantasy nonfungible tokens, or NFTs , was sold for 550 ETH ($2.3 million) late Thursday, according to a tweet by Axie Infinity. Users command axes to duel other players, defeat foes and […]
Spanish regulator issues warning to soccer star Iniesta on Binance promotion
A major financial authority in Spain has issued a warning to soccer player Andrés Iniesta over a promotion involving prominent cryptocurrency exchange Binance, the post amassed over 270,000 likes on Instagram. Iniesta, a talented midfielder who has represented both Barcelona and the Spanish national team, was supporting Binance on his Instagram and Twitter accounts. On […]
Bank of Russia’s report shows Russians transact $5B in crypto every year
According to the Russian central bank, Russians are among the world’s most active participants in the cryptocurrency market, although the Bank of Russia is still sceptical about Bitcoin. On Nov. 25, the Bank of Russia released a new report on financial stability, highlighting the country’s expanding involvement in the $2.8 trillion markets. The Bank of […]
“I think ETH will surpass other coins in the next few weeks.” -Justin Bennett
According to a famous analyst, Justin Bennett , Ethereum (ETH) is poised to outperform the rest of the cryptocurrency market Justin Bennet’s on ETH rising According to Justin Bennett’s 90,400 Twitter followers, ETH/BTC might witness strong rises to 0.105 and 0.160 BTC, which is roughly $6,000 and $9,100 at press time. “ETH / BTC looks […]
Frameworks for digital assets receive approval from the European Council
The framework for regulating cryptocurrencies and other digital assets in the European Union is one step closer to becoming official, as the proposals receive approval from the European Council. The European Council, which sets the political agenda for the EU, stated its opinion on the Markets in Crypto Assets (MiCA) framework and the Digital Operational […]