Category: Blockchain

Dolce & Gabbana has made its foray into the Non-Fungible Token (NFT) metaverse with the launch of its first collection, the “Collezione Genesi.” According to the iconic fashion brand, the Collezione Genesi is a one-of-a-kind, 9-piece collection personally designed by Domenico Dolce and Stefano Gabbana. The piece was designed exclusively for UNXD, a Polygon Network-powered NFT

One of the major cryptocurrency exchanges founded in 2012, Bitfinex, is launching a new security token offering (STO) platform regulated by Kazakhstan. The platform will provide users with a large number of more diversified financial products, mainly stocks and bonds based on blockchain and investment funds. The company announced that Bitfinex Securities Ltd, an investment

Bitcoin (BTC) has been experiencing an uptick in activities with perpetual swaps of open interest recording a 5-month high. Data analytic firm IntoTheBlock explained: “Bitcoin Perpetual Swaps Open Interest just broke the $16 billion mark, the highest since mid-April. An increase in open interest alongside price is considered a bullish signal.” The leading

Visa Inc, the world’s largest retail electronic payments network, has begun working on integrating cryptocurrency services into traditional banking systems in Brazil. Eduardo Abreu, Visa’s Vice President of New Business in Brazil, had a recent interview with a local media outlet, Seu Dinheiro. The executive disclosed that Visa corporation is working on integrating cryptocurrencies into its

Another country in Central America, Panama, is joining the ranks to legalise blockchain technology and cryptocurrencies and its flagship asset- Bitcoin (BTC). According to the update from Panamanian Congressman Gabriel Silva, a crypto law has been presented to the national assembly to position the country at the forefront of technology innovation. Going on to explain

Just within a day after the official day of Bitcoin (BTC) becoming a legal tender in the Central American nation of El Salvador.  the volatile nature of the cryptocurrency ecosystem has revealed its two sides for the first day. First came off with a massive gain in which Bitcoin attained a 7-day high of $52,853.76, a

Open interest in the Ethereum (ETH) network has been experiencing an uptick, as disclosed by market analyst Lark Davis. He explained: “Open interest for Ethereum futures has just hit a new all-time high! The market is mega bullish right now and going long in a serious way.” ETH’s perpetual swaps open interest topped

As the broader cryptocurrency ecosystem recovers from the massive selloffs experienced in mid-May, on-chain activities have revealed that transactions volumes are on the rise, a trend that showcases the inflow of institutional investor’s funds. Per Glassnode’s on-chain data, there has been a decrease in retail transaction volumes, with a corresponding increase in institutional cash inflows.

Cryptocurrency exchange Crypto.com appointed Patrick Yoon, former Visa country manager, as the general manager of the South Korea region to be in charge of South Korea and Mongolia market. Crypto.com, a Hong Kong-based digital cryptocurrency exchange found in 2016, has experienced substantial growth in the past 12 months, adding more than 1,500 employees. Currently, it has more