PayPal removes NFT transaction protections

PayPal is planning to change its security procedures for buying and selling Non-Fungible Tokens (NFTs), signifying a significant departure from its earlier stance of facilitating such transactions. Starting May 20, the payment company’s Seller Protection Program terms will no longer cover Non-Fungible Token (NFT) sales worth $10,000 or more, as stated in their conditions page. … Read more

South Korean won tops global crypto trading, overthrowing USD

In simpler terms, the South Korean won has become the most commonly used currency for trading cryptocurrencies globally, surpassing the US dollar. Based on data from a Q1 2024 report by research company Kaiko, cryptocurrency trades using the Korean won amounted to approximately $456 billion on centralized exchanges. This total exceeded the $445 billion worth … Read more

Nuklai Announces $NAI Token Launch Across Multiple IDO Platforms

Nuklai, a blockchain infrastructure at the base layer for improving data environments for artificial intelligence progress, will soon hold a Token Sale to issue its own token, denoted as $NAI. An Initial DEX Offering (IDO) occurred between April 15-16 on notable platforms such as ChainGPT Pad, Ape Terminal, and WePad. The offering price for the … Read more

Grayscale’s Bitcoin ETF fund has lost half of assets since launch

Approximately half of the Bitcoins overseen by Grayscale Bitcoin Trust have been reduced since its transformation into a regular exchange-traded fund (ETF). Grayscale’s Bitcoin Trust (GBTC), which is different from offerings by companies like BlackRock and Fidelity, started trading on the New York Stock Exchange with around 619,220 Bitcoins in January. However, as of April … Read more

South Korean Won Tops US Dollar in Fiat Cryptocurrency Trading

In Q1 2024, the South Korean Won emerged as the most frequently traded fiat currency versus digital assets, surpassing the US Dollar with approximately $456 billion in trading volume on centralized exchanges, signaling a significant change in the global cryptocurrency market trends based on Kaiko’s latest research. 📊Competition on Korean markets is heating up. In … Read more