Coinbase NFT Marketplace Waitlist Soars Past 1.5 Million

Key Takeaways Signups for the waitlist to use Coinbase’s NFT marktplace have surpassed 1.5 million. The waitlist went live only two days ago. Coinbase’s new NFT marketplace is one of several announced so far this year. Share this article Coinbase is following other major players into the NFT fray, including FTX U.S., Crypto.com, and Visa. Consumer interest has exploded, with over 1.5 million signing up for the waitlist in the first two days.  Coinbase NFT Waitlist Erupts The waitlist for Coinbase’s new NFT marketplace, announced just two days ago, has…

Second Biggest Mortgage Provider in US Stops Accepting Crypto Payments

“As we said last quarter, we were going to look into accepting cryptocurrency and test it to see if it’s a faster, easier and cheaper solution,” the company’s CEO Mat Ishbia said in a press release. “Due to the current combination of incremental costs and regulatory uncertainty in the Crypto space we’ve concluded we aren’t going to extend beyond a pilot at this time.” Source link

Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector

On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October.  Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $54,103 on Oct. 13, the price of Bitcoin rallied 8.2% to an intraday high of $58,532 on Oct. 14 as the ETF discussion made fresh rounds on Crypto…

Morningstar Ventures Commits $15 Million USD To Invest In Projects Building On Elrond Network And Opens An Elrond Incubator in Dubai

Share this article Blockchain innovation accelerator Morningstar Ventures is investing resources into developing projects built with Elrond. The firm is also establishing an Elrond Incubator in Dubai. Morningstar Ventures Invests in Development on Elrond Morningstar Ventures, the dynamic accelerator of ambitious ideas in the blockchain space, has announced a $15 million USD investment fund aimed at projects building with Elrond blockchain technology, as well as a new strategic Elrond Incubator in Dubai. Morningstar Ventures is a blockchain innovation firm that drives the proliferation of decentralized technologies through strategic placements in…

Coinbase Wants the U.S. To Revamp Crypto Regulations

Key Takeaways Coinbase has published a four-pillar recommendation that asks U.S. regulators to create a unified crypto regulatory body. Coinbase believes that the current regulatory system is too disconnected and difficult for projects to navigate. The company has recently been targeted by regulators, and it has discontinued some features in response. Share this article Cryptocurrency exchange Coinbase is urging U.S. regulators to create a unified system of cryptocurrency regulations. Coinbase Lays Out Regulatory Suggestions Today, Coinbase published a document entitled “Digital Asset Policy Proposal: Safeguarding America’s Financial Leadership.” CEO Brian…

Meet the DeFi Delegate Knocking on the Doors of Congress

On the other hand, “LexpunK,” another effort, is a “Builder Defense DAO” with the stated intent of waging “guerilla lawfare” against the enemies of DeFi. Proposed sorties include position papers, “legal defense against regulatory litigation” and “amicus curiae,” a Latin phrase meaning “friend of the court,” briefs in response to overeager charges from Gary Gensler’s Securities and Exchange Commission. The group raised $3 million from the Curve, Yearn and Lido DAOs earlier this year. Source link

Ethereum price hits $3,800, boosting bulls’ control in Friday’s ETH options expiry

Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry.  Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to date, the altcoin’s gains stand at 265%. If Ether manages to stay above $3,600 on Friday, 99% of the $180 million put (sell) options will become worthless. Ether price at Bitstamp in USD. Source: TradingView…

Dorsey Takes Aim at Web3 Over VC Involvement

Key Takeaways Dorsey agreed with comments on Twitter today that were critical of Web3. Many are worried about the disproportionate influence of VCs in the space. This has inspired movements such as #OccupyDeFi. Share this article Jack Dorsey, CEO of Twitter and Square, criticized the growing Web3 movement today as being heavily controlled by traditional financial institutions and venture capital firms. In a tweet, @notgrubles wrote, “There is no web3, only webVC.” Dorsey responded simply with, “True.”  Web3’s Decentralization Woes Jack Dorsey does not seem impressed by Web3 advocates’ claims…