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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Nishad Singh, former director of engineering at FTX, is expected to plead guilty to fraud charges brought by U.S. prosecutors who are investigating the now bankrupt FTX cryptocurrency exchange, Reuters reported on Feb 28.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

After months of struggling, crypto lending and trading firm Genesis has filed for bankruptcy - but it's not the end of its troubles.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Bitcoin breathed below $24,000, whereas Ethereum held at the $1,900 mark ahead of its much-awaited merge buzz. The crypto industry's latest indignities included a report that India regulators were investigating at least 10 crypto exchanges for allegedly assisting foreign firms to launder money via crypto. Among the top crypto tokens, Solana and Avalanche plunged four per cent each, whereas Cardano, Polkadot, Polygon, BNB and Bitcoin dropped three per cent each. Only Ethereum was trading in green on Friday. The global cryptocurrency market cap was trading marginally down at $1.15 trillion mark, dropping less than a per cent in the last 24 hours. However, the total trading volume topped more than four per cent, close to $84.03 billion.

NFT is the world’s newest and most rapidly evolving asset class. This new asset class started on the cutting edge of blockchain technology as a way to tokenize and trade art and collectibles. In the past couple of years, however, NFTs have made their way into finance, entertainment, healthcare, global supply chain and insurance sectors, showing transformative potential. Today, the market for NFTs is valued at over $40 billion, and people across the globe are willing to pay millions to acquire these digital collectibles. The popular NFTs can be classified into six categories collectibles, art, metaverse, sports, gaming and utility. Historic & expected returns80% of NFT purchases may not yield positive returns, but decent returns are generally achieved in 10% of the collected projects, provided they are picked correctly and traded at the right price. Since NFTs came into existence only in 2017, there are not enough variables and data sets that can help us predict the future price movement, as is the case for publicly traded securities. Further, most of these NFT projects are at the intersection of art and collectibles. As such investing and buying these NFTs are more of an art, hobby than science.

There is growing confidence that if the next inflation print on September 13 confirms the softening pricing pressure trend, the US central bank may consider a smaller pace of tightening, analysts said. Bitcoin, the largest cryptocurrency by market capitalisation, climbed 6.06 per cent to $24,260 in the last 24 hours, taking its seven-day gains to 4.86 per cent.Ethereum soared 11.88 per cent to $1874.50. This crypto has jumped 13.5 per cent in the last seven sessions. BNB rose 4.88 per cent to $330.69. Cardano and XRP added 6.6 per cent and 5 per cent, respectively. Polkadot rallied 10.32 per cent to $9.49. Solana advanced 8.69 per cent to $42.76.

The team behind open-source blockchain Solana (SOL) is readying to open its physical store in New York City, USA, to the public, in a bid to promote the Solana blockchain and Web3 at large.

The Celsius Network (CEL)’s fall from grace has been nothing short of spectacular – and the crypto lender has been amongst the highest-profile casualties of one of the most brutal crypto winters to date.

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Exploring innovative ways to use non-fungible tokens (NFT) in real estate deals, the US real estate firm Okada & Company has listed its first commercial property as an NFT on the OpenSea marketplace with an ETH 15,000 tag price (USD 28.7).

As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.