GameStop’s stock rallied after a report that the videogame retailer plans to expand its non-fungible tokens (NFTs) marketplace and partner with crypto firms.
Tether has agreed to pay $41 million (roughly Rs. 307.2 crores) to settle charges levied by US Commodity Futures Trading Commission (CFTC) that says it mislead consumers by claiming that its crypto token was fully backed by US dollars reserve at all times.
NFT sales volume surged to $10.7 billion (roughly Rs. 79,820 crores) in the third quarter of 2021, up more than eightfold from the previous quarter, according to data from market tracker DappRadar, as the frenzy for crypto assets reached new highs.
Cryptocurrency promotor Virgil Griffith, who also worked with Ethereum, has pleaded guilty to advising North Korea on using virtual money to avoid international controls, a New York court has said.