Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  1. People Power Party of South Korea may promise to lift the prohibition on initial exchange offerings, institutional cryptocurrency investing, and spot bitcoin ETFs.
  1. The Ministry of Economy, Trade and Industry said on February 16 that the Japanese cabinet has approved a proposal to include cryptocurrency among the assets that local investment limited partnerships can purchase or keep.
  1. Inaugural to $441M Market Cap, PIXEL Offers Airdrop Tokens to Ronin Gamers Following airdrop campaigns and an unexpected drop to Ronin token holders, emerging cryptocurrency game Pixels debuted its PIXEL token yesterday.
  1. WeatherXM network gets ready to begin station reward distribution on the Arbitrum mainnet, with over 1.5M station-days have been generated. For one of the most promising DePIN initiatives and the world’s fastest-growing weather station network, this is a major milestone.
  1. Paris Gala Event to Be Hosted by World of Women NFT Collection. At the NFT lifestyle club’s second annual banquet, WoW’s new Patio networking platform and wearable Friendchip bracelet will be on display.
  1. A hacking event that targeted the automated DeFi exchange FixedFloat cost 409 Bitcoin, or roughly $21.3 million, and 1700 Ethereum, or roughly $4.9 million.
  1. For 5,000 ETH, or around $14.6 million, a full set of 10 Autoglyphs was purchased today, making it the fifth-largest on-chain buy and the greatest NFT sale in the last two years. The rare digital art brokerage handled the deal.
  2. With effect from April 3, Binance has stated that it would no longer support several leveraged tokens linked to Bitcoin, Ether, and BNB. The decision, which was made public on February 19, targets the leveraged tokens coupled with Tether: BTCUP, BTCDOWN, ETHUP, ETHDOWN.
  1. BitRiver, a Bitcoin mining business that is under OFAC sanctions, plans to open the largest artificial intelligence (AI) data centre in Russia.
  2. Asian family offices are aiming to enhance their investments in the digital asset space as they place more emphasis on it.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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