The developers behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) have revealed they plan to release 99,000 plots of land in the Shiberse, the cryptocurrency’s upcoming Metaverse. 35,000 of those plots will be sold to $LEASH token holders.
The price of bitcoin dropped below $35,000 for the first time since July 2021 on Thursday as Russia began its military operation in Ukraine. Some analysts had previously warned that the sell-off could continue to worsen until tensions subside in eastern Europe. In contrast, the price of crude oil continued to shoot up, with Brent crude futures soaring more than 4.5%, crossing $100 per barrel for the first time since 2014.
Since 2016, an estimated $3.1 billion has been lost (excluding Africrypt and Bitconnect scams) to malicious actors attacking exchanges, DeFi protocols and marketplaces according to DeFiYield’s REKT database – with decentralized exchanges and DeFi protocols being the primary target.
Polkadot price analysis for Feb 24, 2022, brings bearish news for investors as the parachain token is retesting the important support of $15. The chances of the token dropping below this region are relatively high.
The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets.
The Financial Conduct Authority or FCA of the United Kingdom has given its license to the European subsidiary of the crypto trading platform based in the United States, Uphold.
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.”
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds.