Binance's CEO Changpeng Zhao (CZ) tweeted on Sunday informing that he will sell all of FTX (FTT) tokens on his books as a result of "recent disclosures that came to light." CZ has emphasized that this is not a move against the company's top rival. He claims that the sale will take a few months because of the lack of liquidity and that Binance will make an effort to lessen the effect on the market. He did not specify how much FTT his company will sell, but he did note that as part of the crypto

GameFi.org is thrilled to collaborate with Cyber Arena to conduct its IGO for $CAT this month. Stay tuned for the whitelist registration time.

Dogecoin (DOGE), a memecoin, has dominated the cryptocurrency market over the past week with strong increases of over 100%.  The Dogecoin price rally came against the backdrop of Elon Musk’s Twitter acquisition. Another altcoin is currently significantly separating from the rest of the cryptocurrency market. The price of Litecoin (LTC) has increased by almost 15% in the past day, bringing it even closer to $63. At the time of publication, Litecoin (LTC) is trading 13.61% higher at $62.77 and h

Binance willing to spend $1 billion aim to  be the bridge between crypto and the traditional financial world. Some of the well-known crypto businesses in the sector have suffered greatly during the 2022 crypto winter. For giants like Binance and FTX with cash in hand, it has been an good time to add more companies to their bag Binance, a cryptocurrency exchange, stated that it is willing to spend $1 billion on some significant market acquisitions this year. Recent developments indicate that Bi

What is an NFT? NFT stands for Non Fungible Token. Non-fungible means it cannot be exchanged for something of similar value. A token is a blockchain-issued digital asset. Additionally, a blockchain is a method of storing data that makes it challenging or impossible to alter, hack, or defraud the system. In other words, an NFT is a unique and secured digital certificate/signature that can be attached to any object, physical or virtual. NFTs may be used to represent things like digital files for

According to a statement made on Wednesday by parent company Meta, Instagram is creating a minting and sales tool for NFTs within its app. With the help of the future "end-to-end toolkit" for NFTs, users will be able to design and sell their own NFTs for sale on Instagram. Meta CEO Mark Zuckerberg made the announcement during a session at South By Southwest "I'm not ready to kind of announce exactly what that's going to be today. But over the next several months, the ability to bring some of yo

National Basketball League (NBA) star and non-fungible token (NFT) enthusiast Steph Curry has filed a trademark for the “Curryverse,” expressing intentions to develop dynamic "virtual environment" for the sale of NFTs and metaverse. Curry's personal, virtual, and metaversal looks are all included under the whole trademark application, along with "online gaming services in the nature of virtual worlds." Curry has been an ambassador for cryptocurrency exchange FTX since September 2021, but this

Decentralized finance (DeFi) on a public blockchain was successfully used by multinational financial corporation JP Morgan to complete its first ever cross-border transaction. The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale funding markets.” The pilot, which included the participation of Oliver Wyman Forum, SBI Digita

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Deribit, a cryptocurrency exchange, has been attacked, and an estimated $28 million from a hot wallet has been taken. Client funds have not been impacted, the business tweeted; however, withdrawals have temporarily been suspended while the exchange conducts security checks. "It's company procedure to keep 99% of our user funds in cold storage to limit the impact of these type of events. The hack is isolated & quarantined to our BTC, ETH and USDC hot wallets," Deribit wrote on Twitter. Accord