Recent Data Shows NFT Market Sees More Sellers than Buyers
According to recent data, the nonfungible token (NFT) market has consistently seen more sellers than buyers throughout April, as there hasn’t been a single day where total buyers exceeded sellers. According to data from the analytics platform NFTGo , on April 26, there were only 7,907 purchasers, while 8,641 people attempted to sell their NFTs. […]
Hong Kong SFC to Issue Crypto License Guidelines in May
The Hong Kong Securities Futures Commission (SFC) will reportedly release licensing guidelines for cryptocurrency exchanges in May, according to the CEO of the commission Julia Leung. The intentions were reported by Bloomberg on April 27, citing SFC CEO Julia Leung’s comments. The forthcoming regulations will support crypto trading platforms that can offer trading services to […]
WEF whitepaper Explains Role of Blockchain in Climate Change
The World Economic Forum (WEF) has recently published a whitepaper that explains how blockchain technology can provide the infrastructure necessary to combat climate change “at speed and scale.” The whitepaper classifies blockchain’s value to the climate action community into four categories. To begin with, blockchains can “strengthen trust and ambition” in climate negotiations. In addition […]
USDC Market Cap Decline Results from US Crypto Crackdown – Circle CEO
Circle’s chief executive officer, Jeremy Allaire, claims that the crackdown on cryptocurrencies by U.S. regulators has been a significant factor in the declining market capitalization of its stablecoin, USD Coin (USDC). Following the collapse of the FTX exchange, a banking crisis, and the momentary de-pegging of the USDC, the Circle CEO commented on U.S. enforcement […]
The Sandbox, Ledger Enterprise partner for metaverse businesses
The Sandbox Metaverse is collaborating with Ledger Enterprise to have their inventories of non-fungible tokens (NFTs) migrated to the Ledger wallet. and also to integrate security for its partners. On April 23, The Sandbox announced a partnership on its official blog. The collaboration will encompass multiple initiatives. The Sandbox will appear as a decentralized application […]