Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.

CoinDesk

Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

Venezuela’s independent news site, Efecto Cocuyo (EC), has launched a collection of Non-Fungible Tokens (NFTs) to fundraise and shed light on digital censorship it faces in the country. Founded in 2015, EC is now considered one of Venezuela’s top news…

nft.news

Venezuelan News Site uses NFTs to highlight Government Censorship

Kraken, one of the largest cryptocurrency trading platforms, has formally transitioned its NFT platform from Beta to an official launch. Kraken NFT is being touted as a comprehensive hub for buying, selling, and learning about Non-Fungible Tokens (NFTs). Kraken expanding…

Kraken officially launches final version of its NFT marketplace

Following the success of its first-mint event, which saw a staggering $1 million in sales, Undeads Metaverse is thrilled to announce the creation of another thrilling zombie-centric game. This game will permit Non-fungible token (NFT) holders to begin reaping rewards from their Undead NFTs earlier than previously expected. The new game, dubbed ‘Undeads Runner’, draws The post Undeads Runner: NFT Rewards Meet Zombie Thrills In New Game appeared first on CryptoCoin.News .

CryptoCoin.News

Undeads Runner: NFT Rewards Meet Zombie Thrills In New Game

Getting non-crypto artists to make the leap into Web3 comes in ebbs and flows according to the market’s bear and bull waves, says co-founder of NFT Club Berlin and Superteam Germany Rebekka Revel. But she’s hoping to change that by changing the narrative around digital collectibles, regardless of the market, one word at a time.

Decrypt

Artists Adopting NFTs Has Been ‘Really Market Dependent’, Says NFT Club Berlin’s Rebekka Revel

Portuguese soccer club SL Benfica blazes the trail with the launch of a unique NFT avatar of their mascot, Victory the Eagle, in collaboration with Interverse. The Victory’s digital flight: A first of its kind Making waves in the Web3…

‘Winged Victory’: SL Benfica’s mascot soars into the virtual realm as an NFT avatar

Enjin, one of the most established blockchain gaming protocols, has announced a transition to a new mainnet named Enjin Blockchain, with the aim of encouraging wider Web3 adoption. Its Polkadot parachain, Efinity, has been forked to this new blockchain. NFT…

Enjin forges new Efinity Blockchain, bolstering NFT creativity and accessibility

The crypto universe has found itself amidst a rather somber setting in the past 48 hours. Monday bore witness to the Securities and Exchange Commission (SEC) hauling crypto exchange Binance and its founder and CEO, Changpeng Zhao, to court on allegations of violating federal securities laws.

NFT collection supporting Coinbase trends amidst regulatory storm

The 10 artists, including Deafbeef, Casey Reas and Harm van den Dorpel, will advise the platform’s artist residency program.

Digital Art Collective Wildxyz Introduces Curatorial Board to Grow Experiential Art Program

The developers claim that each "GameStop x Illuvitar D1SK NFT" will come with a special GameStop-branded Illuvitar. The post GameStop NFT Announces Partnership with Illuvium appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

The Coin Rise

GameStop NFT Announces Partnership with Illuvium

CryptoCurrencies

Over this week, the crypto industry is at risk due to the back-to-back lawsuit from SEC against the major crypto

The News Crypto

Australian Commonwealth Bank Made a Checkmate for Crypto Payments

Regulatory concerns continue to impact the entire crypto market and this week’s BTC options expiry could play a decisive role in pushing Bitcoin price under $26,000.

CoinTelegraph

Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation

More downward pressure could be likely for LTC after rejection from an FVG zone alongside a weak BTC.

AMB Crypto

Why Litecoin might falter at this bearish zone

A long-dormant Bitcoin whale has resurfaced after 10 years, amassing an astounding profit of around $38 million.

ZyCrypto

10-Year Dormant Bitcoin Whale Emerges, Rakes In Astonishing $38 Million Profit

Bitcoin saw a small pop this morning on weaker-than-expected weekly initial jobless claims, rising from under $26,500 to at one point above $26,800. Claims jumped to 261,000 last week, up from 233,000 a week earlier, marking the second-highest reading of the year. While 261,000 initial claims in one week isn’t a disastrous number, it is another sign that momentum in the US labor market, which has been strong up until this point, is starting to wane.... Read More: Bitcoin Reverses Post-US Jobs Data Upside as SEC Chair Gensler Lambasts Crypto Indsutry – Where Next for BTC Price?

cryptonews

Bitcoin Reverses Post-US Jobs Data Upside as SEC Chair Gensler Lambasts Crypto Indsutry – Where Next for BTC Price?

As the cryptocurrency market continues to grow and more coins enter the market, it is easy to lose track of which coins you should invest in due to the many options available. But in 2023, you don’t need to worry about where to put your money for the best returns. Filecoin, Toncoin, and DigiToads are …

CryptoNewsZ

The crypto market trio to watch in 2023: Toncoin, Filecoin, and DigiToads

Ray Dalio – a billionaire and the founder of Bridgewater Associates – has never been a big bitcoin fan. He doesn’t seem to care for it, and he also doesn’t really seem to understand it. Ray Dalio Isn’t Quite Feeling It When It Comes to BTC Per his latest interview, it becomes apparent that this ... The post Ray Dalio Still Doesn’t Think Much of Bitcoin appeared first on Live Bitcoin News .

Live Bitcoin News

Ray Dalio Still Doesn’t Think Much of Bitcoin

The Cardano (ADA) price experienced a decline, breaking below the $0.33 level. This downward movement has resulted in bears gaining control of the market. ADA has lost around 4% of its value in the past 24 hours and has seen a weekly plunge of approximately 10%. The technical outlook for ADA indicates a bearish intent for the altcoin. Demand and accumulation have significantly decreased on the chart, reflecting a lack of buying interest. The overall market sentiment has remained negative, with Bitcoin also exhibiting volatility. Most other altcoins have followed a similar downward trend. For ADA to initiate a recovery, it would require renewed buying interest in the upcoming trading sessions. Otherwise, there is a possibility that ADA may reach a multi-month low. The recent news of the SEC suing Coinbase and Binance US has had a notable impact on market sentiment, fueling further selling pressure. Related Reading: Shiba Inu Breaks Below This Formation: Signals Potential Further Losses The overhead resistance for ADA is crucial, and breaching that level would be necessary for the altcoin to revive its price. The decline in the market capitalization of ADA suggests that sellers are dominating the market currently. Cardano Price Analysis: One-Day Chart As of the time of writing, ADA was trading at $0.32. In recent trading sessions, ADA broke below the long-standing support line at $0.33, suggesting a potential continuation of the downtrend. The key overhead resistance at $0.33 becomes important for ADA to regain bullish momentum and surpass $0.38. However, if ADA fails to sustain its current price level, there is a possibility of a further decline below $0.30, potentially revisiting its March low of $0.29. The trading volume for ADA in the last session is already lower, indicating weaker buying strength in the market. Technical Analysis As ADA broke below the crucial $0.33 support line, buyers’ confidence diminished, leading the coin to hover around the oversold zone. The Relative Strength Index (RSI) is currently below the half-line and near the 30-mark, indicating nearly oversold conditions. If sellers exert further pressure, ADA may enter the oversold territory. Additionally, ADA is trading below the 20-Simple Moving Average (SMA), indicating that sellers are driving the price momentum in the market. In alignment with other bearish indicators, ADA formed sell signals on the one-day chart. The Moving Average Convergence Divergence (MACD), a momentum indicator, displayed red histograms that are associated with sell signals for the altcoin. Related Reading: Chainlink Bulls Must Uphold This Critical Support Line For Potential 8% Rally This suggests a weakening bullish momentum. The Bollinger Bands, which measure volatility, have diverged significantly. This indicates the potential for price fluctuations and increased volatility in the upcoming trading sessions. Featured Image From UnSplash, Charts From TradingView.com

NewsBTC

Cardano Price Threatens Multi-Month Low Unless Bulls Defend This Support

Just a day after filing a 136-page complaint against Binance, the U.S. Securities and Exchange Commission (SEC) filed a motion for a temporary restraining order to freeze assets tied to the US arm of the world’s largest crypto exchange. On Monday, the SEC filed 13 charges against Binance and its CEO Changpeng Zhao over what The post SEC Seeks To Freeze Binance.US Assets Hours After Filing Lawsuit Against the Crypto Exchange appeared first on The Daily Hodl .

The Daily Hodl

SEC Seeks To Freeze Binance.US Assets Hours After Filing Lawsuit Against the Crypto Exchange

The United States House of Representatives Energy and Commerce convened on June 7 for an insightful discussion on the future

US House of Representatives Explores Blockchain and Web3 Future

De-Fi

Stablecoins weather market storms as investors seek stability amid crypto volatility. Accumulation rises among whales and sharks. Continue reading at DailyCoin.

Daily Coin

Coinbase’s Staking Service Under Fire: SEC Lawsuit Triggers Massive Withdrawals

ThunderCore and SushiSwap have announced a collaboration that is advocating a sustainable DeFi ecosystem, which

ThunderCore partners with SushiSwap for DeFi ecosystem

The integration brings together two prominent web3 powerhouses to provide the most complete enterprise-grade wallet security and portfolio management solution

MetaMask Institutional and Fireblocks Integrate to Offer Unrivaled DeFi and Web3 Access to Institutional Investors and Builders

Fireblocks will be added to the list of MetaMask Institutional custody technology providers, allowing its users to perform token swaps and stake ETH using the app’s dashboard.

MetaMask Institutional to integrate with Fireblocks MPC platform

The governance proposal for the crvUSD minting was passed early on Thursday.

DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether

Expand is the latest project to emerge from Cumberland Labs, a DRW- and Cumberland-backed Web3 incubator. SINGAPORE–(BUSINESS WIRE)–Expand.network today announces

Expand.network Launches as Universal API Adapter Service for All Major Blockchains and DeFi Protocols

Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies.

Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator

A federal judge has dismissed a lawsuit against PoolTogether, a decentralized finance (DeFi) startup. The lawsuit against PoolTogether was filed in 2021 and alleged that the platform operated in a way that allowed users to scam consumers and evade financial regulation. Lawsuit Against PoolTogether Dismissed In the ruling dismissing the lawsuit, Judge Frederic Block stated that the federal court system was not the appropriate platform to air concerns related to PoolTogether and its operations. This means that many watchers who were anticipating how the courts would handle matters related to decentralized finance would likely have to wait longer. The lawsuit, filed in 2021 by software engineer Kent was among the first to turn to the courts to rule on how the law would apply to decentralized finance. The judge stated in the order, “While Kent no doubt has genuine concerns about PoolTogether—including its legality under New York law—a suit in federal court is not an appropriate way to address them.” DeFi protocols and applications are designed to be completely anonymous and are governed by a community of token holders instead of the entity or individual that creates them. In the lawsuit, Kent alleged that PoolTogether violated New York State’s gambling laws and allowed users to evade financial regulations and scam customers. In the complaint against PoolTogether, Kent stated that the platform was essentially a lottery. Judge Refuses To Be Drawn In The judge refused to dive into the legal questions raised by the lawsuit, focusing instead on where it belonged. The judge asked Kent’s lawyer if the case was better suited to a state court rather than a federal one. Furthermore, the judge’s statements during the hearing for arguments over the motion to dismiss the lawsuit suggested he would rule in favor of PoolTogether and its investors. PoolTogether Skeptical About Motives PoolTogether and its founder, Leighton Cusack, disputed the lawsuit and, in a motion filed in 2022, sought to have Kent’s claims dismissed or push him to arbitrate the matter. PoolTogether has also questioned whether Kent could bring in a lawsuit against the company in the first place. The platform and other defendants have also questioned Kent’s motives behind the lawsuit, adding that he was not harmed by putting his digital assets. The Judge seemed to agree with these statements, stating that putting funds into PoolTogether was a matter of choice and that it was done willingly by the petitioner. However, the judge also seemed to acknowledge the validity of the questions raised in the lawsuit, stating, “We’re dealing with the exotic world we live in today. In this whole new area, there are lots of questions that haven’t been answered.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto Daily

US Judge Throws Out Lawsuit Against DeFi Startup PoolTogether

Coinbase, the largest cryptocurrency exchange in the United States, remains undeterred by the recent lawsuit filed against it by the Securities and Exchange Commission (SEC). The company’s CEO, Brian Armstrong, assured investors and users that the legal action would not impact its operations, including its staking services, which were among the products targeted by the ... Read more

Cryptopolitan

Coinbase CEO Brian Armstrong stands firm amidst SEC lawsuit, staking services to continue

The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022.

US federal court dismisses lawsuit against DeFi platform PoolTogether

Game

Gala Games President of Blockchain shares his thoughts on the GALA token upgrade and the latest SEC turmoil with Decrypt's Kate Irwin.

Is Gala Safe? Gala Games Head of Blockchain on GALA, Crypto, and SEC Regulatory Turmoil

GameStop, the video game retailer that became a focal point of the “meme stock rally” in 2021, has announced the termination of CEO Matt Furlong and the appointment of Ryan Cohen as its new executive chairman. The sudden shakeup comes alongside the release of the company’s first-quarter financial results, which reveal a decline in revenue ... Read more

Gamestop fires CEO Matt Furlong, Ryan Cohen takes the helm as executive chairman

The post Gamestop CEO “Matt Furlong” Fired & Replaced appeared first on Coinpedia Fintech News Gamestop has terminated its CEO, Matt Furlong, who played a crucial role in the company’s venture into Non-Fungible Tokens (NFTs). On June 7, it was announced that Furlong has been replaced by Ryan Cohen, a wealthy investor who gained popularity among meme stock traders during the ‘Gamestop short squeeze,’ as the new Executive Chair. Shortly …

coinpedia

Gamestop CEO “Matt Furlong” Fired & Replaced

The executive, once instrumental to the company’s NFT efforts, was “terminated” amid lackluster Q1 earnings.

GameStop fires CEO Matt Furlong months after axing crypto push

The post June 13th: Game-Changing Events in Crypto Industry – Hinman Docs, Binance – SEC Showdown appeared first on Coinpedia Fintech News In what is shaping up to be a monumental day for the world of digital assets, Binance – one of the largest cryptocurrency exchanges globally – is due to respond to the SEC’s motion for temporary restraining orders on June 12, followed by a court hearing the next day. This pivotal event is merely one …

June 13th: Game-Changing Events in Crypto Industry – Hinman Docs, Binance – SEC Showdown

Shiba Inu has officially released the trailer of Rocket Pond, one of the 11 hubs of the Shiba Inu Metaverse project. Shiba Inu has finally unveiled the much-anticipated trailer for Rocket Pond, one of the 11 hubs of its metaverse project – Shib: The Metaverse. The Rocket Pond trailer was shared in the late hours The post Shiba Inu Finally Unveils Rocket Pond Hub Trailer, Introduces Game Builder Tool first appeared on The Crypto Basic .

The Crypto Basic

Shiba Inu Finally Unveils Rocket Pond Hub Trailer, Introduces Game Builder Tool

GameStop announced the termination of CEO Matt Furlong today. Furlong, who was with the company for two years, had been instrumental in leading the retailer’s expansion into the Non-Fungible Tokens (NFTs) space through a digital asset marketplace. Stock price takes…

GameStop lays off CEO Matt Furlong amidst crypto market turmoil

Months after signaling a retreat from crypto efforts, GameStop axes CEO Matt Furlong and promotes Ryan Cohen to executive chairman.

GameStop Fires CEO Who Oversaw Retailer's NFT Push

The FLOLiO Account Hub gives you access to your entire NFT, Crypto and Metaverse portfolio on one page.