Crypto news

Immutable intends to leverage the capabilities of its ecosystem to ensure that the joint effort with Ubisoft succeeds in affording players true digital ownership. Immutable, a leading Web3 gaming platform, has announced a significant partnership with video game giant Ubisoft. The collaboration is to create an innovative gaming experience based on decentralized blockchain technology. Ubisoft’s expertise in developing high-quality video games is combined with Immutable’s advanced Web3...

SEC Chair Gary Gensler said the agency would greenlight the reboot of the exchange if “Tom or anybody else” did it within the law. In an encouraging development, the US Securities and Exchange Commission (SEC) has hinted at the possibility of approving the revival of the beleaguered cryptocurrency exchange FTX, if the incoming leadership adheres strictly to regulatory guidelines. The revelation follows reports that former New York Stock Exchange (NYSE) president Tom Farley was among a...

EOS price started a fresh increase above the $0.65 resistance against the US Dollar. The price is now trading above $0.665 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.680 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.7150 and $0.7200 resistance levels. EOS price is rising above $0.6800 against the US Dollar, like Bitcoin. The...

Litecoin started a steady increase above $70 against the US Dollar. LTC price is now trading above $70 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $71.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $75.80 and $76.00 resistance levels. Litecoin price is showing positive signs above $70 against the US Dollar, like Bitcoin. LTC price could...

Switzerland-based crypto-focused financial institution SEBA Bank has secured a regulatory license from Hong Kong regulators through its local wholly-owned subsidiary, enabling the entity to offer regulated cryptocurrency services to institutional investors in the city-state. The full license comes three months after SEBA received in-principle approval from the Hong Kong regulators and nearly a year after the Swiss crypto bank first established an office in the region. SEBA...

[PRESS RELEASE – Dubai, United Arab Emirates, November 8th, 2023] The 26th global edition of the World Blockchain Summit, held in Dubai, recently concluded as a resounding success leaving the attendees with enthusiasm and excitement for the future of blockchain in the Middle East and North Africa (MENA) region. Held at the Address Dubai Marina on 1st and 2nd November 2023, the two-day event saw top industry experts, blockchain innovators, government stakeholders and investors...

[PRESS RELEASE – Dubai, United Arab Emirates, November 8th, 2023] Day 2 of the 26th global World Blockchain Summit in Dubai witnessed a game-changing announcement as Cypher Capital and Master Ventures revealed their strategic investments in Common Wealth. In a major development on the 2nd day of the 26th global edition of the World Blockchain Summit at Dubai, Cypher Capital and Master Ventures announced their strategic investments in Common Wealth during the summit, marking a...

The CMC Labs program will last for one year only. Notably, it is highly selective, with a limited number of participants. Those who want to become a part of CMC Labs have to meet a number of certain criteria. The world’s leading provider of data on crypto market capitalizations CoinMarketCap has announced the launch of CMC Labs – a special Web3 program dedicated to offering a comprehensive curriculum and access to industry-leading mentors and investors. In essence, CMC Labs has been...

Stablecoin issuer Circle is looking into the possibility of becoming a publicly traded company in the early months of 2024. The development comes almost a year after its failed SPAC deal with Concord. Despite the collapse of this particular deal, Circle’s co-founder and CEO, Jeremy Allaire, later emphasized the company still planned to become a publicly traded entity. Circle IPO for 2024? Per the latest information from undisclosed sources cited in a Bloomberg report, Circle...

American tech-focused investment manager Coatue Management has reportedly marked down its stake in OpenSea, one of the leading NFT platforms. According to documents reviewed by The Information, Coatue reduced its previously valued $120 million stake in OpenSea to just $13 million during the second quarter of 2023. Coatue Slashes OpenSea Stake by 90% Based on documents examined by The Information, Coatue decreased its stake in the NFT platform from an estimated $120 million to...