Another U.S. publicly listed company just bought $7 million in Bitcoin
The global crypto market cap is $2.38 trillion with a 24-hour volume of $288.27 billion. The price of Bitcoin is $56,285.22 and the BTC dominance is at 44.3%.
| CryptoSlate | May 6 |
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by Shaurya Malwa
MercadoLibre (Nasdaq: MELI), Latin America’s leading e-commerce technology company, has purchased a small amount of Bitcoin, as per a filing yesterday with the US Securities and Exchange Commission (SEC).
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Hashmasks and Terra Virtua to split royalties from the vFlect Hashmasks collection
Owners of the Hashmasks NFTs will be entitled to royalties from the sale of this unique collection.
Bitcoin exchange Kraken to probe user accounts after U.S. court dictum
The United States Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning.
Korean crypto exchanges could face harsh laws if new proposal is passed
The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today.
Crypto.com signs exclusive deal with Italian football league to launch crypto and NFTs
Partnering with Crypto dot com, Lega Serie A marks its entry into the world of non-fungible tokens (NFTs) with plans to drop a set of collectibles commemorating the 74th Coppa Italia final match between Atalanta and Juventus.
Coinbase to close San Francisco headquarters to go ‘remote first’
United States crypto exchange Coinbase is closing down its San Francisco headquarters in order to become a ‘remote first’ business, it announced in a release Wednesday.
‘DeFi has unleashed a wave of innovation,’ says a U.S. Federal Bank paper
Ethereum’s booming decentralized finance (DeFi) sector has the potential to become a “truly open, transparent, and immutable” infrastructure that can result in a “paradigm shift in the financial industry,” according to a paper published by the Federal Reserve Bank of St.
Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1
Trading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over the last quarter, DBS CEO Piyush Gupta revealed in a media briefing.
‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop
A marketplace for non-fungible tokens (NFTs) launched by Travala dot com Co-founder Matt Luczynski will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, and deliver a knockout blow to competing platforms.
Ex-U.S Treasurer joins Ripple board of directors as SEC lawsuit heats up
Ripple brings Rosa Gumataotao Rios on board to join its Board of Directors.
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