Weekly outflows surge by 42%; BTC, ETH lead the way.

Outflows increased to $88 million from $62 million the week before, representing an increase of nearly 42%. Ethereum marked its largest single week of outflows since the Merge last year. AccThe post Weekly outflows surge by 42%; BTC, ETH lead the way appeared first on AMBCrypto. origin »

ApeCoin DAO Faces Criticism For Salary Dispute: The Latest Updates.

ApeCoin DAO, the Web3 organization associated with ApeCoin, has recently faced backlash due to concerns over its high payouts and perceived lack of community engagement. Critics have raised objections to the substantial salaries and fees, reportedly reaching up to $75,000 per month, that the DAO has been providing to its leadership board. These remuneration practices […] origin »

Snoop Dogg Unveils Evolving NFTs for Summer Tour.

Acclaimed rapper and entrepreneur Snoop Dogg has ventured further into the world of digital assets with his latest initiative, evolving NFTs called the Snoop Dogg Passport Series. The innovative offering, launching in sync with his summer tour starting July 7 in Vancouver, presents a new dynamic in NFT utility. origin »

Crypto is losing touch with institutional cash.

Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions  The macro picture and scandals across the space last year have also contributed, writes our Head of Research, Dan Ashmore […] The post Crypto is losing touch with institutional cash appeared first on CoinJournal. origin »

Bitstamp registered as a cryptoasset business by UK’s FCA.

Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK arm was added to the list on June 13, 2023. It joins other platforms like eToro, Revolut and Moonpay on the FCA list of firms complying with Money Laundering, Terrorist Financing and Transfer of Regulations […] The post Bitstamp registered as a cryptoasset business by UK’s FCA appeared first on CoinJournal. origin »

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