QCP Capital teams up Further Ventures to expand services in Abu Dhabi

QCP Capital, a cryptocurrency trading company based in Singapore, has formed a strategic partnership with Further Ventures to expand its presence and increase investments in the Middle Eastern market. QCP Capital, a cryptocurrency trading firm based in Asia, announced a new collaboration with Further Ventures, an investment company supported by Luna and Mastercard. This partnership … Read more

Yuga Labs Sells 2 NFT Games in Bid to Empower BAYC Team

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 Plans to Re-Enter India After Paying $2M Fine

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

Arkansas State House Passes Bills to Regulate Crypto Mining

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

Magic Eden Tops Blur in NFT Market with $756M March Volume

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