Ant Group and Tencent have changed references of non-fungible tokens (NFTs) to “digital collectibles” on their platforms and sites, Chinese media Jiemian reported. So far, NFTs have not been included in the Chinese government’s rules against crypto trading and mining. However, state entities have warned against the use of NFTs for market speculation. Last week, […]

This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis. Today’s Stories: European stocks steady as investors prepare for week of tech earnings Stock Futures Creep Up Ahead of Tech Earnings Time for Fed to taper bond purchases but not to raise rates, Powell says U.S. business activity accelerates in October, shortages hamper […]

Singapore-based payments unicorn Nium has rolled out a crypto-as-a-service (CaaS) offering aimed at financial institutions. Nium provides turn-key purpose-built API suites for new and traditional finance companies. Its latest offering seeks to provide ready-made tools amid a period of high demand in crypto. The company said its new CaaS will provide institutions with “in-demand capabilities” […]

Frances Haugen, the former Facebook product manager and whistleblower, reportedly practices the strategy of holding cryptocurrency. In an interview with the New York Times published Saturday, Haugen said she was managing financially for the “foreseeable future” because she had bought crypto “at the right time.” The article didn’t specify what type of crypto Haugen purchased. […]

ProShares, the sponsor of the first-ever exchange-traded fund (ETF) backed by bitcoin futures, has applied for a waiver to limits the amount of bitcoin futures a buyer can purchase in the new fund, Barron’s reported. Starting with the November front-month contract, the Chicago Mercantile Exchange (CME) will limit the amount of futures that a buyer […]