Konami, Avalanche Partner to Launch Resella NFT Platform
Konami Digital Entertainment has partnered with Avalanche to introduce its latest non-fungible token (NFT) platform, Resella. Konami Digital Entertainment, a Japanese game developer and publisher, has disclosed its partnership with the Avalanche blockchain to introduce its latest non-fungible token (NFT) solution, “Rosella.” By offering a streamlined solution for companies and organizations seeking to incorporate blockchain […]
Bitcoin Miner Reserves Drops to Least Since 2010
According to IntoTheBlock data, the Bitcoin miners‘ hold as reserves have experienced their lowest value in over 14 years since February 2010. Miners’ reserves decreased to 1.90 million Bitcoin on June 19, following a peak of 1.95 million BTC at the beginning of the year. Lucas Outumuro, the director of research at IntoTheBlock, anticipates that […]
ASX’s First Bitcoin ETF Ends First Day at $1.3M Trading Volume
The Australian Securities Exchange’s first Bitcoin exchange-traded fund (ETF) concluded its inaugural trading day with a trading volume of $1.3 million. The total trading volumes of the United States’ spot Bitcoin ETFs on the first day were $4.5 billion, with an average of approximately $450 million per fund. This is significantly lower than the inaugural […]
India’s Financial Intelligence Unit (FIU) Fines Binance $2.25M
India’s FIU has levied an 188.2 million rupee ($2.25 million) fine on Binance for failing to comply with the nation’s Anti-Money Laundering (AML) regulations. On Thursday, June 19, the agency announced that the penalty applies to multiple violations of the Prevention of Money Laundering Act (PMLA), 2002. About the case Binance meets the criteria for […]
FTX Bankruptcy Victims View Process as ‘Second Act of Theft’
Victims of the FTX bankruptcy issue said the bankruptcy process has left them feeling “aggrieved and robbed” and view it as a second act of theft. A Friday filing in the U.S. District Court for the Southern District of New York indicates that the victims of the FTX bankruptcy are seeking a ruling that the […]