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The World’s Largest Marketplace for NFT Opensea Reveals Drop Improvements and Arbitrum L2 Support

Opensea is the largest non-fungible token marketplace (NFT) by sales volume. It has now announced an "immersive, secure minting experience". NFT creators will be able to display "collections with dedicated drops pages and greater discoverability" via Opensea’s new homepage. The company also announced Tuesday that the NFT marketplace would soon support layer two (L2) protocol […]

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Federal Reserve increases benchmark rate of 75bps to fight rising inflation

On Wednesday afternoon, the U.S. Federal Reserve increased its federal funds rate by three-quarters percent. This follows the U.S. Federal Reserve's decision to raise the federal funds rate by three-quarters of a percentage point on Wednesday afternoon. The CPI report last week showed that U.S. inflation rose by 8.3% per year. Fed raises Federal Funds

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Fed Takes Another Big Step To Curb Inflation With a 75 Basis Point Increase

For the third consecutive week, the Federal Reserve raised interest rates by three quarters of a percent point. This sent Bitcoin below $19,000 On Wednesday, the Federal Open Markets Committee (FOMC), raised U.S. interest rate by 75 basis points. This is the third consecutive hike of this size in an effort to combat stubborn inflation

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Nomura, Japanese Banking Superstar, launches Crypto-Focused Venture Capital Arm

Nomura Holdings, Japan's financial holding company, and principal member of Nomura Group, announced Wednesday the launch of Laser Digital Holdings, a crypto-focused venture capital arm. Nomura's announcement follows the entry of a few financial giants into the cryptocurrency market this year. Nomura introduces Laser Digital Holdings Nomura Holdings, Japan's investment banking giant, has entered the

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CZ Binance founder announces the opening of a Romanian office as part of regional expansion

Changpeng Zhao (CZ), the founder and chief executive of cryptocurrency exchange Binance has announced that a new office will be opened in Romania. During his visit to Romania, he met high-ranking officials to highlight Binance's plans to expand its direct operations in Eastern Europe. Binance launches Romanian-Language support this fall, Exchange CEO unveils in Bucharest

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Russia Takes One Step closer to Using Bitcoin, Blockchain In International Trade, as Central Bank, Finance Ministry Reach Agreement on Draft Bill

Both regulators reached an agreement on a draft bill that stated that bitcoin and other cryptocurrencies are necessary to facilitate international trade in the current climate. According to a report by Russian news outlet Tass, the Russian Ministry of Finance has reached an agreement with its central bank on a draft bill that allows bitcoin

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