Thai SEC Enforces Ban on Meme Tokens, NFTs – BeInCrypto

The Securities and Exchange Commission (SEC) of Thailand has banned exchanges from dealing in certain types of tokens. The ban will affect meme- or joke-based tokens and fan-based coins, as well as exchange-issued tokens and non-fungible tokens (NFTs).

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NBA Top Shot NFT Marketplace Activity Jumps 50% Over Last Week – BeInCrypto

NBA Top Shot remains the hottest name in the non-fungible token (NFT) game and continues to see significant growth in 2021. 
NFTs continue to be a hot button topic in the cryptocurrency industry, thanks to products like NBA Top Shot.

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Cardano Researching ‘Stablefees’ for Cheaper Crypto Transactions – BeInCrypto

The Cardano (ADA) team has begun to research the viability of “Stablefees,” which would establish a base price for crypto transactions.
In a blog post today from IOHK, the firm behind Cardano, stated that future Stablefees would provide transaction pricing that is both fair and predictable.

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Bitcoin and Ethereum transaction fees sink 95% from all-time highs

The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months.
Fees are paid to the miners who process transactions on a typical proof-of-work blockchain.

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Ethereum Platform Brought to Space to Provide More Efficient Smart Contract Operation – BeInCrypto

In a space-as-as-service effort, an Enterprise Ethereum Alliance member, SpaceChain, has integrated Ethereum (ETH) technology in space by rolling out on-orbit Ethereum multisignature transaction services.

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Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System – BeInCrypto

Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.

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BurgerSwap Experiences Flash Loan Attack, Loses $7 Million – BeInCrypto

Today, a decentralized finance (DeFi) protocol running on the Binance Smart Chain (BSC), BurgerSwap, lost a whopping sum of $7.2 million through a flash loan attack. This money was stolen in a series of fourteen transactions.

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Ripple Announces Partnerships Across MENA Amid Ongoing Strife With SEC – BeInCrypto

Ripple announced yesterday that they would be partnering with BankDhofar Oman’s second largest bank. This follows last week’s announcement that they would be teaming up with the National Bank of Egypt on a similar project.

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