NFT Bubble Pops as Ethereum Sales Plummet
Ethereum NFT sales plunged to record lows in September, signaling the NFT bubble may have finally burst as hype evaporates.
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SAGE Labs Game Boosts Solana Transactions
Popular new blockchain game SAGE Labs is accounting for 15% of all transactions on Solana, helping send the SOL price up 1% in the past day.
BIGTIME Gaming Token Launch on Coinbase-OKX Partnership
Coinbase and OKX have collaborated to introduce the blockchain gaming token Big Time (BIGTIME) on the spot market. BIGTIME soars 71% after listing on exchanges.
Bitcoin Stays Strong as Ethereum Falters Amid Gaza Unrest
While Bitcoin has shown resilience amid geopolitical unrest, rival cryptocurrency Ethereum faced downtrend predictions over the past day.
Tensions Soar as Israel and Hezbollah Exchange Fire
Israeli forces struck targets in southern Lebanon on Wednesday after rocket fire from Hezbollah militants, escalating cross-border violence.
India Earns $12 Million from Crypto Taxes
India’s tax authority has collected over $12 million so far this fiscal year from a 1% tax on cryptocurrency transactions implemented in July.
South Korea’s Crypto Market Shows Recovery in H1
South Korea’s crypto market rebounds in H1 but struggles to reach pre-2021 value, with a 46% increase in market capitalization, but still down 48.5% from last year, indicating challenges in recovery and profitability for exchanges.
Circle Starts Minting USD Coin on Polygon
Stablecoin issuer Circle announced plans to start minting USD Coin natively on Polygon, ending bridged USDC.e from Ethereum.
FTX Lawyers Push to Examine Ellison on Anthropic
Sam Bankman-Fried’s defense team aims to interrogate Caroline Ellison on FTX’s investment in AI firm Anthropic and her reliance on legal counsel at Alameda.
Chinese Banks Expand Digital Yuan Corporate Loan Offerings
An increasing number of Chinese banks are providing loans in the digital yuan as the country’s CBDC is integrated into more corporate financing options.