Crypto Market Highlights September 18
Crypto Market Highlights September 18 from cryptonew: OpenSea Accepts Terminations from Employees Using Inside Information to Purchase NFT, Bybit Announces New Token, GameFi Market Delights Announcement OKEx has recently launched a dedicated GameFi hub in their introduced DeFi-Hub announced, a decentralized mode on the stock exchange, …
All highlights of the crypto market are summarized below:
Crypto Market Highlights September 18: Regulatory News
Texas is accusing major crypto lender Celsius Network (CEL) of supplying people with unregistered securities and is currently seeking a hearing to decide whether or not to issue an injunction against the company, Bloomberg reported. At 15:58 UTC, CEL is trading at $ 5.17, down 2% in an hour and nearly 12% in one day.
The German Federal Financial Supervisory Authority (BaFin) has approved the EXOeu token of the game publisher Exordium and thus approved for the first time a Security Token Offering (STO) that was published on a Bitcoin sidechain, said Exordium. Local private investors can now sell on Europe’s largest digital marketplace STOKR.
Crypto Market Highlights September 18: NFTs News
Non-fungible Token Market (NFT): OpenSea has announced that it has “requested and accepted” the resignation of an employee who was caught buying NFT and who they knew would later appear on the front page of the market . “We take this matter very seriously and are conducting an immediate and thorough third-party review,” said OpenSea.
Animoca Brands, mobile game publisher, has signed a binding agreement to acquire a majority stake in NFT solutions provider Bondly. This will help both companies drive the mass adoption of NFT in Animoca Brands portfolio companies active in games, sports, entertainment, collectibles and more. The company adds that “Animoca Brands does not consider acquisitions important”.
Crypto Market Highlights September 18: DeFi News
According to a blog post, the on-chain liquidity protocol Kyber Network (KNC) brings KyberDMM, arguably the first multi-chain dynamic market maker in the decentralized financial sector (DeFi), to the avalanche network (AVAX). This complements Kyber Network’s existing partnership with the Avalanche Foundation as part of the Avalanche Rush Liquidity Mining Incentive Program.
Crypto Market Highlights September 18: Stock market news
Bybit cryptocurrency exchange has announced its new token launch platform called Bybit Launchpad. The first token launched was BIT, the native token of the DeFi-focused BitDAO community.
OKEx announced the launch of a dedicated GameFi hub in their recently launched DeFi hub, a decentralized mode on the exchange. The new section will serve as a key gateway to the emerging GameFi sector of the crypto industry and allow visitors to explore new and popular blockchain games for money, they said. Each game profile includes gameplay samples and an explanation of the monetization mechanisms to help users get started playing and earning crypto.
Bitfinex Deri Derivatives has also announced the introduction of perpetual contracts for Algorand and XRP, the press release said. The contracts offer users up to 100 times the leverage and are paid out in Tether (USDT) or Bitcoin.
Crypto Market Highlights September 18: Investment News
After securing $ 6.5 million in a recent round of funding, Minterest’s new credit and borrowing protocol has been announced to the public. The protocol offers “a crypto market combined with a unique fair incentive structure that will facilitate and drive the widespread adoption of DeFi,” the team writes.
Blockchain-based music streaming platform Audius has raised $ 5 million in strategic investments from several well-known artists including The Chainsmokers, Katy Perry, Nas, Steve Aoki, Jason Derulo, and others. The investment round was launched by the blockchain venture fund Blockchange Ventures in the early stages.
Automated Marketplace Maker (AMM) MonoX Protocol has closed a $ 5 million financing round to “economically facilitate their token launch projects with innovative unilateral liquidity pools”. The round was led by the Krypital Group, which included Axia8 Ventures, Animoca Brands, Divergence Ventures, Youbi Capital, Rhestone Capital, LD Capital, GenBlock Capital, 3Commas, OP Crypto and Blockdream.
The social network Minds, described as a more decentralized alternative to Facebook, invests 25% of its balance sheet – about $ 2.5 million – in cryptocurrency, according to Forbes. Specifically, the company said it will invest 5% of its holdings in Bitcoin, 10% in Ethereum (ETH), and another 10% in Stablecoin USD (USDC) to generate profits on its credit and credit platform.
Crypto Market Highlights September 18: Mining News
Bitcoin mining and energy company CleanSpark claims it is partnering with Gwinnett Partnership, a public-private initiative to bring jobs to the U.S. County of Gwinnett, Georgia, and has invested nearly $ 145 million in the facility .CleanSparks New Bitcoin Mining in Norcross, Georgia.
Crypto Market Highlights September 18: Career News
Bloomberg has reported that a group of former Goldman Sachs and Morgan Stanley executives have joined the Amber crypto exchange – in particular, former Goldman Sachs partner Dimitrios Kavvathas has been named Chief Strategy Officer (CSO), now Morgan Stanley’s Chief Executive Officer, Todd Miller. Managing Director for America and Sotirios Kavvathas, former head of the Royal Bank of Scotland (RBS), now Managing Director for Europe. The article said the group was part of a “growing cohort of Wall Street veterans who are banking on the volatile world of digital assets.”
Binance said it expanded its audit and investigation team by hiring Nils Andersen-Röed from Europol, where he is an expert on the dark web team. He will work to conduct and direct internal and external investigations with the aim of identifying malicious actors and assisting law enforcement agencies in their investigations.
Ripple, the global payments company, is looking to build a platform for creating crypto markets and is currently trying to hire staff in both London and Singapore, Coindesk reported, citing an “informed person”. The report adds that the launch of its own market-making platform will allow Ripple to manage liquidity in XRP, especially if other liquidity providers have pulled out.
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