Japanese financial group SBI’s new fund will invest in NFTs and Bitcoin futures ETFs. SBI Group announced the launch of a diversified cryptocurrency fund in Japan, which was founded on December 2, 2021. The fund consists of seven cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Polkadot (DOT), ChainLink (LINK). The maximum investment ratio per crypto asset is 20%, investments will be allocated according to the market capitalization ratio. The company

The Binance Smart Chain Foundation will provide funding to Crypto Gaming United, a cryptocurrency gaming platform, to develop the Play-to-Earn metaverse economy and create 1 million jobs. With a $ 1 billion investment from Binance Smart Chain Fund (BSC), Crypto Gaming United (CGU) will be able to leverage the emerging Play-to-Earn metaverse economy and increase employment opportunities in the blockchain gaming industry for Crypto Gaming United (CGU). … Metaverse platforms are attracting more and more

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

DeFi platform Grim Finance reported that hackers exploited a smart contract error and compromised wallets, withdrawing $ 30 million worth of tokens. Cryptocurrency platform Grim Finance, launched on the basis of Fantom Opera, announced on December 19 on Twitter that it had been subjected to a hacker attack. As a result, more than $ 30 million worth of cryptocurrencies were stolen from the platform. The operator did not provide more detailed information about which tokens

The developers of the second-tier solution for the Ethereum network Optimism, which previously only had access to certain projects, announced the removal of restrictions. The launch of the main Optimism network took place in July, but only developers from the “white list” could create their projects based on the solution. After quite a long testing, the Optimism developers decided to remove the restrictions and now everyone can deploy their smart contracts on the network. “Optimism

2021 has already become a record year in terms of sales for the famous auction house Sotheby’s. The sales of collectible tokens, which were sold for $ 100 million, also contributed to the financial results. Auction house Sotheby’s drew attention to the NFT space earlier this year, and the first collectible token sale took place in March. Users could participate in the NFT auction of an anonymous digital artist under the pseudonym Pak. During the

Luno cryptocurrency exchange CEO Marcus Swanepoel is surprised by the rapid pace of development of the NFT industry, however, the development of digital currencies by the Central Bank and regulation of cryptocurrencies is slow. Marcus Swanepoel said that the rapid development of cryptocurrencies this year was quite natural. However, he did not expect the NFT industry to grow so rapidly. So, in 2021, the Sotheby’s auction house alone sold $ 100 million worth of collectible

The International Swaps and Derivatives Association (ISDA) called cryptocurrencies a unique asset class and announced the development of a regulatory framework for cryptocurrency derivatives. “We recognize that digital currencies are a unique asset class, and appropriate terminology must be created to develop regulations,” said Scott O’Malia, CEO of ISDA. In its report, the Association spoke about the risks that may affect the cryptocurrency derivatives market. ISDA is concerned about hard forks, soft forks, hacker attacks,

NFT creation platform Rarible has integrated the Tezos blockchain, which will allow users to buy, sell and create collectible tokens with low fees. Tezos is the third blockchain supported by the Rarible platform, after Ethereum and Flow. Rarible co-founder and CEO Alexei Falin said that integration with Tezos is made possible by the Rarible Protocol, an open source, community-driven, open source NFT Internet Protocol. The platform chose Tezos because of its low commission costs and

Circle announced the launch of USDC stablecoin on the Avalanche blockchain. This will help attract decentralized finance project developers to Avalanche. The integration took place on the Avalanche mainnet with support for smart contracts (C-Chain). With this, users will be able to directly issue and send USDC to Avalanche, rather than using the bridge from Ethereum, which will help avoid additional fees. “Physical fiat currency is increasingly becoming a relic of the past. And with