NFT Avatars Minted on Reddit Milestone now past 5 Million
The project has over 4.25 million distinct wallets with around 3.95M users. Reddit announced that it would provide NFT avatars in July.Reddit’s foray into tokenized avatars has been a ray…
Canada establish New tough Guidelines For Crypto Exchanges
The regulator requires firms to keep their customers’ assets separate from their own. Exchanges will have to comply with prohibition on margin and leverage trading.If they want to operate in…
AliPay Integrates Digital Yuan For Instant Payments to boost Adoption of the CBDC
The Ant Group operates AliPay, the dominant digital payment system in China. The Group is a subsidiary of the Alibaba Group and is in the midst of a massive overhaul.…
Binance CEO Confirms Over $1 Billion Daily Withdrawals
Binance users have withdrawn around $1.14 worth of crypto from the platform today (December 13), CEO Zhao confirmed.Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14…
Chinese government discover $1.7B Money Laundering in Crypto
The Chinese government was able to seize a total of 130 million Chinese yuan. The probe was initiated when a local bank saw a dramatic increase in deposits.Chinese police in…
Coinbase Shares Crash to All-time Low
COIN hit a new low of $39.65 at the start of trading on this Monday. The price has fallen 60% from its all-time high of $98 in early August. Last…
Tron’s Native Stablecoin USDD Depegs Trading Now at $0.97
Apparently, after Sun’s massive trade, USDD is currently at $0.974. With a current market valuation of $708 million, USDD is the ninth biggest stablecoin. Early on Monday, Justin Sun said…
Microsoft To acquire 4% Stake in London Stock Exchange Group
The exchange will be able to use Microsoft’s cloud and data analytics services going forward. The major stock exchange said they anticipate the agreement to boost their revenue.Microsoft, a titan…
A United States Senator says No Need for Crypto to Exist
Jon Tester stated that there is “no reason why crypto should exist.” According to Tester, regulating crypto will lead people to believe it is real.Jon Tester, the senior senator from…
Bank of England Seeks Proof of Concept Wallet For CBDC
The Bank of England (BOE) advertised a call for proposals on the Digital Marketplace. The proof-of-concept was given a budget of £244,500 (around $244,500).Proof-of-concept for a wallet that may store…