Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton
Franklin Templeton CEO Jenny Johnson speaks at Consensus 2023. (Shutterstock/CoinDesk)
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Franklin Templeton CEO Jenny Johnson speaks at Consensus 2023. (Shutterstock/CoinDesk)
Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)
Cryptocurrency exchange Binance will cease support for bitcoin-based non-fungible tokens (NFTs) as it undergoes a process to “streamline” its product offerings.
The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.
Crypto’s high yield structured product sector is getting a bit more mature.
The defendants are said to have committed hundreds of acts of wire fraud, “causing harm to Google and at least approximately 100,000 Google users.”
The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.
The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.