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NFT News
Pymnts
4w
119
Image Credit: Pymnts
Kraken to Begin Shutdown of NFT Marketplace
- Cryptocurrency exchange Kraken is shutting down its non-fungible token (NFT) marketplace.
- Kraken will transition the NFT marketplace to withdrawal-only mode and completely close it in three months.
- The decision to close the NFT marketplace is to allocate more resources to new products and services.
- Kraken has recently launched other projects, including a joint stablecoin initiative and expansion in the U.S.
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7 Likes
Coinjournal
4w
57
Image Credit: Coinjournal
Kraken shutting down its NFT marketplace just a year after its launch
- Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27.
- Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27.
- The closure follows declining NFT market volumes and Kraken’s focus on new ventures.
- Kraken, one of the leading global cryptocurrency exchanges, has decided to shut down its NFT marketplace, just over a year after its official launch.
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3 Likes
NullTX
4w
53
Image Credit: NullTX
BINANCE COIN PRICE ANALYSIS & PREDICTION (November 26) – BNB Halts Buying Amid Latest Bloodbath, Enters Correction
- BNB experienced a 5% loss in the last 24 hours and entered a correction phase.
- The price fell back inside the support zone, indicating weakness.
- The $600 level is a crucial support to watch, and a breakdown may lead to further selling pressure.
- If BNB regains momentum, it needs to overcome resistance levels at $639 and $660.
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3 Likes
Cryptopotato
4w
261
Image Credit: Cryptopotato
Binance Launches Reward-Bearing BFUSD for Futures Traders
- Binance has launched BFUSD, a reward-bearing margin asset for futures traders.
- BFUSD offers a Base APY of 29.18% and a Boosted APY of 38.98%.
- Traders can purchase BFUSD from November 27 and participate in a promotional campaign with zero fees and bonus APY.
- There are concerns about the reliability of BFUSD due to its high APY.
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15 Likes
Crypto-News-Flash
4w
17
Image Credit: Crypto-News-Flash
Binance Will Introduce Thena (THE) on BNB Airdrops Portal
- Binance announces the upcoming listing of Thena (THE) on BNB Airdrops Portal.
- Thena is a liquidity hub on BNB Chain, offering diverse AMM models and advanced trading features for DeFi projects.
- Thena integrates opBNB for reduced gas fees and faster transaction speeds.
- Binance aims to promote DeFi solutions and expand Thena's market presence with the listing of THE.
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1 Like
TheNewsCrypto
4w
417
Image Credit: TheNewsCrypto
Binance Unveils Reward-Bearing Margin Asset ‘BFUSD’
- Binance has unveiled BFUSD, the first reward-bearing margin asset.
- BFUSD enables users to benefit from a higher reward rate when trading futures or earn passive income.
- Users can use BFUSD as leverage, exchange it for USD stablecoin, and use it for futures trading margin.
- Binance will compute and release daily BFUSD Reward Rates, with a dedicated BFUSD Reserve Fund for income distribution.
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25 Likes
TheNewsCrypto
4w
137
Image Credit: TheNewsCrypto
Trust Wallet Integrates Binance Connect, Simplifying Global Crypto Access
- Trust Wallet has integrated Binance Connect to simplify access to digital assets.
- Users can now access over 300 cryptocurrencies with competitive prices.
- The integration enables transactions via credit/debit cards, bank transfers, and Binance P2P trading.
- This partnership makes it easier for millions to connect to the world of Web3.
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8 Likes
Medium
4w
151
The Philosophy of xBanking: How Ethical Choices Drive Financial Innovation
- xBanking is a financial system focused on fairness, transparency, and community.
- It promotes financial access for everyone, transparency through blockchain technology, community-based decision-making through DAOs, and fairness through technology like smart contracts.
- xBanking also supports social and environmental goals, such as carbon credits and funding green projects.
- By prioritizing ethics, xBanking drives financial innovation to solve real problems and build trust.
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9 Likes
TheNewsCrypto
4w
173
Image Credit: TheNewsCrypto
Shaquille O’Neal Agrees to $11M Settlement in Astrals NFT Lawsuit
- In a settlement with the class action lawsuit, Shaquille O’Neal has consented to pay $11 million.
- The complaint was filed by holders of the Astrals NFT collection.
- Judge Federico Moreno must now decide whether or not to approve the settlement.
- If approved, it would put an end to claims that he advocated for securities that were not registered.
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10 Likes
Bitcoinist
4w
17
Image Credit: Bitcoinist
Shiba Inu Team Petitions Binance For Enhanced Ecosystem Support
- The Shiba Inu community has launched a petition urging Binance to list Bone ShibaSwap (BONE).
- The move aims to strengthen the ecosystem’s growth and enhance the interconnected utility of its tokens.
- The petition highlights the importance of BONE for the success of the Shibarium platform and the entire Shiba Inu ecosystem.
- The Shiba Inu community has a history of successfully using petitions to advocate for exchange listings and ecosystem improvements.
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1 Like
Cryptonews
4w
115
Image Credit: Cryptonews
Net Gains and Blockchain Brains: FIFA and Mythical Games Kick Off ‘FIFA Rivals’ with NFT Twist
- FIFA and Mythical Games are collaborating to release FIFA Rivals, a sports management simulator game on the blockchain.
- Players can build their own soccer clubs and compete against other gamers.
- The game will incorporate optional NFTs built on the Mythos blockchain.
- Mythical Games plans to establish FIFA Rivals as an esports title to attract top competitors and build a community.
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6 Likes
Bitcoinist
4w
235
Image Credit: Bitcoinist
FIFA And Mythical Games Deal Highlights Role Of Blockchain In Sports Gaming
- FIFA has partnered with crypto gaming studio, Mythical Games, to create a blockchain-powered mobile football game called FIFA Rivals.
- The game, set to release in 2025, will be similar to the NFL Rivals game developed by Mythical Games.
- FIFA Rivals will utilize the Mythos blockchain technology and Polkadot network.
- The partnership between FIFA and Mythical Games highlights the growing trend of blockchain integration in sports gaming.
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14 Likes
Medium
4w
129
Image Credit: Medium
“Enter the Quantum”: A Groundbreaking Achievement for XGC and the XRP Community
- XGC, a memecoin on the XRP Ledger, is making groundbreaking achievements.
- Partnerships with Tipper-X.com, XPmarket, and SKELLYBETS.com provide value to the community.
- XGC's official merchandise store will launch, allowing the community to represent the project.
- XGC's anime series, Enter the Quantum, has received positive feedback and represents the project's journey.
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7 Likes
TheNewsCrypto
4w
339
Image Credit: TheNewsCrypto
Crypto Exchange Binance Eyes Significant Compliance Team Expansion
- The compliance team at Binance is set to expand by 34% before the end of the year.
- The team will have over 1,000 personnel, including 645 full-time employees.
- Binance has intensified its commitment to regulatory adherence after reaching an agreement with US officials in 2023.
- The exchange has hired executives with regulatory and compliance experience, including CEO Richard Teng.
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20 Likes
Massivelyop
4w
192
Multiplayer RTS titles ZeroSpace and Immortal Gates of Pyre plan public tests this weekend
- Multiplayer RTS titles ZeroSpace and Immortal Gates of Pyre are planning public tests this weekend.
- ZeroSpace is moving from alpha to beta testing and is offering a public demo from November 22nd to 24th.
- ZeroSpace's demo includes a MMO-inspired Galactic War mode, PvP matches, co-op survival horde mode, and skirmishes versus AI.
- Immortal Gates of Pyre is also running a public test during the same time period and features skill-based matchmaking, unit voices, and a revamped HUD.
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11 Likes
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