CryptoPunks’ trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection

CryptoPunks’ trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection

On Monday, the trading volume of CryptoPunks, one of the sector’s most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over 1,226.68 Ether (ETH) worth of Punk NFTs was traded during that time. The surge in interest appears to be tied to luxury jewelry retailer Tiffany &…

Huobi gets green light as exchange provider in Australia

Huobi gets green light as exchange provider in Australia

Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means Huobi can now offer fiat to cryptocurrency trading services in the country. Cointelegraph has reached out…

Aave DAO approving overcollateralized stablecoin splits crypto community

Aave DAO approving overcollateralized stablecoin splits crypto community

Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave (AAVE) protocol, has unanimously voted in favor of creating an overcollateralized stablecoin called GHO. The Aave company put up the GHO creation proposal on July 28, which received an overwhelming 99.9% community vote over the course of three days….

0M BitGet BTC-USDT protection fund hints at investor-centric trend

$200M BitGet BTC-USDT protection fund hints at investor-centric trend

With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ assets. Bitget joins the growing list of crypto companies, such as Binance, that have taken an investor-centric approach to gain investors’ trust via protection funds….

Bitcoin miner capitulation due to end amid 1st difficulty increase since June

Bitcoin miner capitulation due to end amid 1st difficulty increase since June

Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here. That was the conclusion from Blockchain infrastructure and cryptocurrency mining firm Blockware as it published its latest Intelligence Newsletter on July 29. Report: “Expect” capitulation to be done by September…

Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%

Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%

Bitcoin (BTC) spoofed a breakout to fresh six-week highs into July 31 as a showdown for both the weekly and monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bart Simpson” greets traders into BTC monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD canceling out all…

Hong Kong university to inaugurate mixed reality classroom in Metaverse

Hong Kong university to inaugurate mixed reality classroom in Metaverse

The Hong Kong University of Science and Technology (HKUST) announced to host the launch party of a virtual reality classroom over the Metaverse on September 1. The launch marks the commencement of HKUST’s plan to promote immersive learning by building a virtual campus in the Metaverse, to be called MetaHKUST….

Ticketmaster scouts productization of enterprise NFTs beyond ticketing

Ticketmaster scouts productization of enterprise NFTs beyond ticketing

A new job posting by America’s biggest ticketing company, Ticketmaster, reveals mainstream interest in exploring new revenue streams using nonfungible tokens (NFTs).  Over the past two years, artists, musicians and the sports industry helped thrust the NFT ecosystem into the limelight as the technology served its purpose as a powerful…