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Huobi and OKEx’s tokens take biggest hit in China’s latest crackdown

Huobi and OKEx’s tokens take biggest hit in China’s latest crackdown

After China said it plans to further crack down on crypto trading, the prices of exchange tokens belonging to Huobi and OKEx fell by over 15%

The post Huobi and OKEx’s tokens take biggest hit in China’s latest crackdown appeared first on The Block.

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China issues tougher measures to keep cracking down on crypto trading

The People’s Bank of China has issued a new document that lays out how it plans to keep cracking down on crypto trading activities.

The post China issues tougher measures to keep cracking down on crypto trading appeared first on The Block.

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The rebirth of the NFT market

Quick Take

  • This is a written version of The Block Research’s video presentation on the NFT Market
  • OpenSea becomes the dominant NFT marketplace as Axie Infinity loses traction
  • Tezos NFT is on the rise as Hic Et Nunc becomes the “Tezos OpenSea” as its volume sets to overtake Rarible
  • Different NFT liquidity tools could help facilitate a more liquid NFT market

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Crypto hedge fund launches actively managed ether and bitcoin trusts

Cambrian Asset Management is launching two new crypto products that aim to limit the volatility of bitcoin and Ethereum’s price swings.

The post Crypto hedge fund launches actively managed ether and bitcoin trusts appeared first on The Block.

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President Joe Biden set to nominate Saule Omarova as OCC head: report

Omarova would be the first woman to serve as full comptroller, replacing the current acting seat, Michael Hsu.

The post President Joe Biden set to nominate Saule Omarova as OCC head: report appeared first on The Block.

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TIME magazine’s NFT collection sells out in one minute, bot activity suggested

There were roughly 700 holders of NFTs for a collection of 4,676 pieces when minting finished, which suggests bot activity.

The post TIME magazine’s NFT collection sells out in one minute, bot activity suggested appeared first on The Block.

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A who’s who behind El Salvador’s Chivo bitcoin wallet project

Quick Take

  • Several foreign companies play a role in El Salvador’s Chivo wallet application, which launched on September 7.
  • Getting a full picture of the players involved has required piecing together various announcements and arguably has not been straightforward. 

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Alternative investment startup Otis adds NFTs to possible venture options

The startup offers stock-like shares in a CryptoPunk, Meebits, and Art Block — among other valuable items in the collection.

The post Alternative investment startup Otis adds NFTs to possible venture options appeared first on The Block.

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Twitter rolls out bitcoin tipping for iOS users via Lightning, looks to NFTs for the future

Twitter enabled bitcoin tipping for iOS users today as part of its “turning fans into funds” strategy.

The post Twitter rolls out bitcoin tipping for iOS users via Lightning, looks to NFTs for the future appeared first on The Block.

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Canadian securities regulators release crypto exchange guidance on advertising, social media

The Canadian Securities Administrators, an umbrella group for securities regulators in the country, alongside a self-regulatory organization for the investment industry, has released new guidance for crypto exchanges on the use of social media as well as advertising and marketing.

The post Canadian securities regulators release crypto exchange guidance on advertising, social media appeared first on The Block.

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