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NFT Shark Makes Buying NFTs Easier

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Saving your crypto until you are rich, while buying NFTs is now possible!

When ETH runs, you don’t want to only be holding NFTs, right?. Keep your NFTs and your ETH by easily using a credit card to buy your next NFT with NFT Shark.  Now you are wondering what NFT Shark is, right? Well, if you are into NFTs, NFT Shark is your best friend. NFT Shark allows you to buy NFTs from the world’s first and largest digital marketplace for crypto, OpenSea.io with credit card, debit card, visa and mastercard. And guess what? You don’t even need to have a crypto wallet, your NFTs will be stored in your account in a custodial wallet. And if you do have a metamask, you can transfer the NFTs free of charge. So, buy now and transfer later!

Here are 3 reasons why we think why you will love NFT Shark:

1. Save your eth! Buy smart. When ETH pumps, you’re gonna wanna have some 🤑

Purchasing eth with your credit card to spend it right after? This is So web2 😅

3. Gasing fees, transaction fees, Breathing fees? Omg! We gotcha! 🙏

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Bitcoin News

Judge orders Celsius to return $50m crypto to custody account holders

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Judge orders Celsius to return $50m crypto to custody account holders



Judge orders Celsius to return $50m crypto to custody account holders



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Bitcoin News

Crypto Options Exchange Deribit Registered Record Trading Volume in November

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Crypto Options Exchange Deribit Registered Record Trading Volume in November



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Regulation

Crypto lender Genesis has no solution yet for withdrawal halts

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Crypto lending platform Genesis has informed its customers that its withdrawal freeze is likely to last “additional weeks” amid efforts to stave off a potential bankruptcy filing.

In a Dec. 7 letter to its customers shared by Genesis to Cointelegraph, interim CEO Derar Islim — who took the temporary helm of the company in August — said it will be weeks for them to formulate a recovery plan that could see withdrawals reopened, stating:

“At this point, we anticipate that it will take additional weeks rather than days for us to arrive at a path forward.”

The letter also stated that Genesis is “working in consultation with highly experienced advisors” and are “evaluating the most effective path to preserve client assets, strengthen our liquidity, and ultimately move our business forward.”

“All other Genesis entities remain fully operational,” the letter added.

Related: Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Genesis Trading, the market maker and lending subsidiary of Digital Currency Group (DCG) first flagged exposure to FTX in a Nov. 10 Twitter thread, revealing that it had $175 million in funds locked on the FTX crypto exchange.

DCG attempted to bail out Genesis with a $140 million cash infusion that same day.

However, this didn’t appear to be enough to resolve its liquidity issues, as Genesis Global Capital froze withdrawals on Nov. 16 citing “unprecedented market turmoil” caused by the collapse of FTX, which led to “abnormal” levels of withdrawals that exceeded its liquidity.

On Nov. 21, the crypto lender denied plans to file for bankruptcy “imminently” after failing to cover a reported $1 billion shortfall in its balance sheet.

Shortly after on Nov. 22, Genesis confirmed that the firm hired investment bank Moelis & Co for restructuring services as a means to avoid the Chapter 11 route.

In the letter, Genesis reaffirmed that it is “committed to being as transparent as possible” to those affected and that customers will be informed of “meaningful developments, including any updates on timing.”



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