CryptoPage - Crypto Newsletter - Issue 411

Crypto Daily News - Sep 22, 2022
 

Crypto Newsletter

 

ISSUE 411  September 23rd 2022

 

  Crypto News  

 

Ripple vs. SEC: Latest Development Could Be Boon for Regulatory Clarity

The Chamber of Digital Commerce’s request to file an amicus brief has been approved by the court. Earlier this week, it submitted a motion for leave to file the brief in the SEC v. Ripple case.

u.today  Permalink

 

This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower

Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation lost 21.29%, Cryptopunks’ market cap slid by 19.18%.

bitcoin.com  Permalink

 

Troubled crypto exchange CoinFLEX announces a restructuring proposal

Seychelles-based crypto exchange platform CoinFLEX recently announced a formal restructuring proposal and the company’s impending course of action.

thecoinrise.com  Permalink

 

Utopia crypto owners can make anonymous purchases at 1,800+ online stores

Fully decentralized privacy currency Utopia transforms the e-commerce payment landscape. It solves issues for customers for merchants alike, enabling anonymous online purchases across over 1,800 online shops.

ambcrypto.com  Permalink

 

LUNA, LUNC investors may experience some distress due to this update

A piece of proposed legislation in the House of Representatives would put a two-year moratorium on creating algorithmic stablecoins. According to Bloomberg’s latest version of the legislation, it would be illegal to create or issue new “endogenously collateralized stablecoins.”

ambcrypto.com  Permalink

 

Indian Government Working on How GST Tax Could Be Applied to Crypto

India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system is the prerequisite for the decision on the GST rate,” a source told local media.

bitcoin.com  Permalink

 
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The 10 Most Expensive NFTs | Decentralized Arts

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Dear Bankless Nation, NFTs have come a long way since their inception. What once was a protocol slated for cryptoart, NFT technology has encompassed far more utility than the purposes for which it was

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Research: Competition in the NFT market around royalties is heating up

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Author: @0xMavWisdom While the war in the FT trading market set the tone with the defeat of SBF and the fate of FTX facing bankruptcy, the war in the NFT trading market is also being fought quietly.

Cryptoverse: Messi takes on Ronaldo in f....⚡️

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UNDRGRND DIGS 053

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UNDRGRND DIGS 053 Bored Calvin — November 28, 2022 View original post The Nightmare Factory (Pt.II) #136 by Rick Kitagawa NOVEMBER 28TH, 2022 5 Artists From the UNDRGRND Collection UNDRGRND DIGS is a