Yuga Labs, the business responsible for creating Bored Ape Yacht Club (BAYC), has given up the ownership of two of its games, HV-MTL and Legends of the Mara, in accordance with their strategic direction to concentrate on other projects. April 17 saw Yuga Labs revealing that Faraway, a gaming company, acquired the rights with Spencer … Read more
Binance, the largest global cryptocurrency exchange, intends to return to India after paying a fine of $2 million, according to the Economic Times report. The South Asian branch of the exchange is undergoing significant changes to secure complete registration with India’s Financial Intelligence Unit (FIU). This regulatory body oversees digital asset trading within the country. … Read more
In a controversial decision, the Arkansas State House passed two proposals to possibly limit cryptocurrency mining operations within the area, according to local news outlets. These proposed bills indicate a change from past pro-mining sentiment among legislators, as only about 10% currently support the industry compared to over 90% who backed its protection last year. … Read more
In March 2024, the Solana NFT marketplace Magic Eden experienced its greatest monthly trading activity, outpacing Blur. As reported in CoinGecko’s Q1 2024 analysis, Magic Eden’s NFT sales volume jumped by an impressive 194.4% to reach $756.5 million, whereas Blur recorded a slight increase to $530.4 million in trading volume. The CoinGecko 2024 Q1 Crypto … Read more
At StakingFarm, a well-known cryptocurrency staking platform, new long-term investment options are now available. These packages offer enhanced security, attractive returns, and strong lock-in incentives, making them an ideal choice for HODLers in the crypto community during these uncertain market conditions. For cryptocurrency investors looking to collaborate and make use of their assets to tackle … Read more