Japanese social media giant LINE to open NFT Marketplace On April 13th
LINE, a popular social media platform, has announced its entry into the non-fungible token (NFT) market. On April 13, the firm announced the launching of “LINE NFT,” a comprehensive marketplace. Yoshimoto Kogyo Holdings will be one of 17 major companies associated with the marketplace. Z Holdings, a subsidiary of Line, is also entering the market, […]
Cowen investment bank launches new crypto division dubbed Cowen Digital
Cowen, an independent investment bank in the United States, has officially created a cryptocurrency and digital asset section. The division came to life as a result of Cowen’s partnership with PolySign, Standard Custody and Trust Company. Cowen has partnered with PolySign’s cold storage subsidiary, Standard Custody and Trust Company, to develop the new crypto business. […]
Veve NFT marketplace temporarily shuts down after an in-app token exploit
Veve, a nonfungible token (NFT) marketplace to brands such as Marvel, Pixar, and Coca-Cola was hit by an attack on Tuesday, resulting in the illicit acquisition of millions of gems (in-app tokens). Veve acknowledged the breach on its platform in an official tweet released on Wednesday, saying that the attackers were able to obtain a […]
CoinShares partners with FTX to launch physically staked Solana ETP
CoinShares cryptocurrency investment firm has teamed up with FTX to establish a new physically-backed Solana (SOL) exchange-traded product (ETP) that will be listed on Germany’s major digital market Xetra. CoinShares formally stated on Wednesday that the new product, dubbed CoinShares FTX Physical Staked Solana, will begin with 1 million SOL in seed capital, letting investors […]
Thailand SEC announces ban on crypto payments
Thailand enacts new rule prohibiting the use of cryptocurrency payments amid global crypto crackdowns. The Thailand Securities and Exchange Commission (SEC) has imposed a restriction on the use of cryptocurrencies for payments as part of its continuous drive to create a regulated crypto market for the general public. Similarly, the Commission suggested a new regulation […]