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Top Crypto News today: Yuga Labs acquires CryptoPunks and Meebits

In today’s global crypto news, Israel’s central bank has circulated a draft regulation that aims at potentially opening up the country’s financial market for crypto companies. Apart from the step for the future from Israel, there’s also the online marketplace giant eBay which has shown signs of being crypto inclusive! eBay has recently shared a slide within their investor day presentation that flashed digital wallet adding to the chatter regarding the company’s plan with crypto!

Yuga Labs, the creator of Bored Ape Yacht Club, recently announced that it had acquired CryptoPunks and Meebits from Larva Labs. With the giants under one hat, Yuga Labs hopes to foster a “community of builders” creating derivative works around the projects. More on today’s crypto news is below. 

Crypto Prices Today

Price Trend Price for March 14, 2022 Percentage change
The Global Crypto market cap $1,722,324,298,485 3%
The total crypto market value $65,870,174,417 17%
Bitcoin Price $38,511.32 -1.48%
Ethereum Price $2,576.58 -0.44%

*All prices are latest by 10:45 AM, 14 March 2022.

TOP GAINERS AND LOSERS TODAY

TOP 3 CRYPTO GAINERS  

Crypto Price (Latest my 14 March 2022) Change in %
Alpaca Finance (ALPACA) ₹ 33.44 6.49%
THORChain (RUNE) ₹ 524.58 4.23%
Terra (LUNA) ₹ 7186.62 3.95%

*All prices are latest by 10:50 AM, 14 March 2022.

TOP 3 CRYPTO LOSERS 

Crypto Price (Latest my 14 March 2022) Change in %
Fantom (FTM) ₹ 87.89 -7.01%
Gala (GALA) ₹ 17.33 -6.55%
Siacoin (SC) ₹ 0.67 -6.26%

*All prices are latest by 10:50 AM, 14 March 2022.

Crypto News Global

Bank of Israel Publishes Draft Guidelines for Crypto Deposits 

Israel’s central bank published draft regulations that will potentially open up the country’s financial system to crypto companies. This would require the banks to examine the crypto companies individually rather than applying a blanket refusal.

The draft, published on Israel’s central bank’s website on Thursday mentions banking corporations to conduct risk assessments and set out policy and procedures for transfers coming from or going into virtual currencies. The proposal is open for comments, after which the final guidelines will be formulated.

Source: CoinDesk

eBay Teases ‘Digital Wallet’ in Investor Presentation as Crypto Rumors Swirl 

Online marketplace eBay had shown a “digital wallet” slide early in its Investor Day presentation on Thursday, adding to the rumor about what the company’s plans might be with respect to crypto. The company already allows the selling of NFTs and has been floating the idea of crypto payments for some time now.

CEO Jamie Iannone told TheStreet that the company is studying the potential for accepting cryptocurrency as it aims to be the go-to marketplace for Gen Z and millennials.

Source: CoinDesk

Top NFT News Today

Bored Ape Yacht Club creator buys CryptoPunks and Meebits 

Acquiring CryptoPunks and Meebits, Yuga Labs now controls three of the most valuable NFT collections on the market! By combining the three most valuable collections within one hat, Yuga Labs hopes to foster a “community of builders” creating derivative works around the projects. It plans to grant intellectual property and commercialization rights to CryptoPunks and Meebits owners, allowing them to create works and products based off their NFTs the same way that Bored Ape owners have.

Source: The Verge

Read: How to make NFTs

Read: Top 10 most expensive NFTs

NEW COIN LISTING ON COINDCX 

New Coin Market Cap Circulating Supply
Gari Network (GARI) $19,546,590 45,800,000.00 GARI
Celer Network (CELR) $223,302,784 6.58B CELR
Monero (XMR) $3,301,994,712 18,090,911.93 XMR
Anchor Protocol (ANC) $788,198,841 262,496,724.96 ANC
Stacks (STX) $1,635,285,579 1.30B STX

*All prices are latest by 11:20 AM March 14, 2022.* 

DAILY CRYPTO NEWS ROUND-UP 

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