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Will Ethereum NFTs Make a Comeback?

Onchain Highlights DEFINITION: The relative amount (share) of gas consumed by the Ethereum network by transactions interacting with non-fungible tokens. This category includes token contract standards (ERC721, ERC1155) and NFT marketplaces (OpenSea, Blur, LooksRare, Rarible, SuperRare) for trading those. Ethereum’s gas usage by NFTs has exhibited significant shifts over the past few years, mainly as […]
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Cryptocurrency

BSP, ACPC Roll Out CBS Info Drive in Naga City

PDate: 6/29/2024
Content: ​Photo shows Agricultural Credit Policy Council Director Magdalena Casuga, Bangko Sentral ng Pilipinas Principal Researcher Dr. Veronica Bayangos, Regional Director Tomas Cariño, and Researchers Ferdinand Co (front row, sevent...
News

Coinbase to launch CFTC-regulated futures trading for 5 altcoins

Coinbase Derivatives plans to launch margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHIB). On June 28, the service published an announcement and submitted filings to the CFTC to list each contract under a self-certification model. It intends to launch the products on July 15. Coinbase Derivatives said […]
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Cryptocurrency

France, Hong Kong regulators sign MOU to explore wholesale CBDCs, tokenization

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) announced a collaboration focusing on wholesale central bank digital currencies (CBDCs) and the tokenization of financial assets. According to the press release, the partnership marks a significant milestone in promoting financial innovation and enhancing interoperability in digital currencies. The HKMA’s participation in the […]
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Cryptocurrency

US Treasury and IRS finalize crypto broker tax reporting rules

The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28. Crypto brokers, including exchanges, will need to report gross proceeds for crypto sales starting from 2026. This will include crypto sales during 2025. Furthermore, brokers will need to report information about the tax basis of […]
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Cryptocurrency

21Shares becomes second major firm to apply for a spot Solana ETF this week

Asset manager 21Shares has filed for a spot Solana exchange-traded fund (ETF), marking the second such application from a major firm this week. The proposed 21Shares Core Solana ETF is designed to track the performance of Solana (SOL) by aggregating the notional value of SOL trading activity across major spot exchanges, according to the S-1 […]
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Cryptocurrency