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Investors Pull Back from BNB, Fear Extended Decline Ahead
Unlike the prior period, crypto investment products ended last week with a net positive flow. However, Binance Coin (BNB) did not share the same trend. This development raises concerns about the coin’s short-term potential. Will BNB’s price falter as a result? Binance Coin Lags Behind the Top Cryptos According to CoinShares’ latest report, digital asset investment products saw inflows worth $176 million. This increase suggests that investors saw last Monday’s crash as an opportunity to accumulate at discount prices. While Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) saw notable inflows, BNB was the only top-5 coin to experience an outflow....
Bahamas Implements New Crypto Act
By Mark Hunter 2 weeks agoFri Aug 02 2024 07:20:19 Reading Time: 2 minutes The Securities Commission of The Bahamas has announced the passing of the Digital Assets and Registered Exchanges Act, 2024 (DARE) The Parliament of The Bahamas has approved this legislation to position the nation as a global leader in digital asset regulation The Bahamas has shown it has learned lessons from the collapse of Bahamas-based FTX nearly two years ago The Securities Commission of The Bahamas has announced the passing of the Digital Assets and Registered Exchanges Act, 2024 (DARE). This groundbreaking legislation, approved this week by...
Net Gains and Blockchain Brains: FIFA and Mythical Games Kick Off ‘FIFA Rivals’ with NFT Twist
The popularity of sports management simulator games is coming to the blockchain in a collaboration with FIFA and Mythical Games. The new title will mix management-style games where you create a team through trading cards, alongside real-time soccer matches against other players. The development team plans to introduce an esports component to build the gaming community. NFTs are “optional” to play the free game on iOS and Android, however, the mechanics of how FIFA Rivals will work is yet to be fully revealed. Managing your own sports team is every sports fan’s dream. We all know someone who thinks they...