Crypto news

Kraken shutting down its NFT marketplace just a year after its launch w247news.com

Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The closure follows declining NFT market volumes and Kraken’s focus on new ventures. Kraken, one of the leading global cryptocurrency exchanges, has decided to shut down […]

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Ambrus Studio Leverages Web3 and Sui to Revolutionize Gaming and Combat Climate Change w247news.com

Iris Coleman Nov 26, 2024 18:17 Ambrus Studio, under CEO Johnson Yeh, is pioneering a Web3 gaming model with Sui to monetize and educate on climate change. Their game, E4C: Final Salvation, targets emerging markets. Ambrus Studio, led by CEO Johnson Yeh, is at the forefront of

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Morocco reconsidering its crypto ban, drafting crypto regulations w247news.com

Morocco is drafting new crypto regulations to reverse its 2017 digital asset ban. Morocco’s central bank is exploring the creation of a central bank digital currency (CBDC). Global trends show more countries, like the UK and EU, moving toward crypto regulation. Morocco is reconsidering its stance on cryptocurrencies, with plans to reverse a 2017 ban

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Bipartisan Support Grows for Key Crypto Issues in the U.S. w247news.com

Zach Anderson Nov 26, 2024 14:55 U.S. lawmakers from both parties are reaching consensus on essential crypto issues, including regulation, stablecoins, and digital asset innovation, according to a16z crypto. The growing importance of cryptocurrency in the political landscape has led to a rare bipartisan consensus on several

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XRP, SOL and DOGE pare gains as Bitcoin retraces below $93k w247news.com

XRP and Solana fell 11% respectively as top altcoins mirrored Bitcoin’s decline. BTC touched $91,700, down over 6% in 24 hours. While DOGE also fell, analysts say it’s not panic-worthy. XRP, Solana and Dogecoin have retraced more than 10% each as top altcoins mirror Bitcoin’s pullback from near $100k. With the top digital asset falling

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MicroStrategy Becomes a Symbol of Bitcoin (BTC) Investment Strategy w247news.com

Ted Hisokawa Nov 26, 2024 11:19 MicroStrategy’s bold strategy of accumulating Bitcoin (BTC) has made it a key player in the cryptocurrency market. Learn how the company’s approach has intertwined traditional finance with digital assets. MicroStrategy, once known primarily as a software company, has emerged as one

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Avalanche launches Avalanche9000 testnet, its largest upgrade to date w247news.com

Avalanche9000 testnet launched, reducing costs and enabling permissionless L1s. The upgrade will lower validator and C-Chain fees, boosting accessibility. Avalanche has also launched a $40M grant program to incentivize the adoption and development of new Avalanche L1s. Avalanche, the eighth-largest blockchain by total value locked (TVL), has taken a significant leap forward with the launch

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Linea Expands with New Initiatives Announced at DevCon Bangkok w247news.com

Iris Coleman Nov 25, 2024 18:16 Linea unveils its plans for decentralization and the establishment of the Linea Association at DevCon Bangkok, marking a significant step in its growth and governance. Linea, a blockchain initiative known for its sovereignty-focused approach, has announced significant plans for expansion during

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