The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance.
TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.
The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
SAND battled strong resistance at key EMAs, with a breakout above $0.25 needed to spark a recovery and avoid further downside.
Smaller ad-tech firms are raising competition concerns over Google's long-brewing cookies alternative, Privacy Sandbox, at a time when the internet giant's digital ads business is already under U.S. and UK scrutiny.
India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.
Hong Kong has introduced a sandbox for Project Ensemble, a wholesale central bank digital currency (CBDC) project.
Story Highlights The live price of Axie Infinity is . AXS price could trade as high as $10.12 by 2024. Axie Infinity with a potential surge could go as high as $53.16 by 2030. One of the growing trends in the crypto verse is blockchain gaming.
The Hong Kong Monetary Authority (HKMA) has launched a sandbox to its wholesale central bank digital currency (wCBDC) – Project Ensemble.
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong's tokenization market.
The HKMA has launched a sandbox for Project Ensemble, with initial participants including Bank of China, HSBC, Ant Digital and HashKey.
Hong Kong's SFC has launched Project Ensemble Sandbox, marking a significant step in the region's tokenisation development.
Wednesday, the Markets Authority of Hong Kong took a significant step towards the future of global finance with the opening of its sandbox Ensemble for tokenization. This innovative regulated environment represents a testing platform for the tokenization of financial assets, a process that promises to revolutionize the traditional financial system.
HSBC bank completed three proof of concepts in Hong Kong's Ensemble sandbox.
Julia Leung delivers opening remarks at the Project Ensemble Sandbox launch ceremony, emphasizing innovation and regulatory collaboration.
Ensemble Sandbox will explore the tokenization of financial assets, focusing on fixed income, liquidity management, green finance, and supply chain financing.
Hong Kong's financial regulator launched a new sandbox initiative at testing tokenization use cases across asset classes and real-world applications in the financial sector.
The Hong Kong Monetary Authority (HKMA) has launched Project Ensemble Sandbox, focusing on accelerating the adoption of tokenisation in the financial sector.
Another spike in Bitcoin to $61K for the seventh time since August 8th means the altcoin market is heading to the $1 trillion mark. As the bullish momentum increases, interest in DeFi, AI, and Gaming tokens increases. With the bullish resurgence showing potential to hit 2021 levels. Here are the top Gaming tokens to buy.
The cryptocurrency market has seen a dramatic divergence in performance among its leading tokens. While Bitcoin (BTC) and Ethereum (ETH) have posted impressive gains, The Sandbox's utility token, SAND, has been experiencing significant declines.
The Sandbox (SAND) price climbed to $0.27 during early trading today. However, with 98% of its holders currently in losses, the token may face another price drop.
The HKMA collaborates with Cyberport to launch a generative AI sandbox, targeting fintech innovations in finance.
The HKMA and Cyberport launch the GenA.I. Sandbox to foster responsible A.I.
The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand's capital market by accommodating six specific digital asset-related services, including exchanges and custodial wallet providers.
August heats up with a wave of token unlocks across major crypto projects, injecting millions into the market.
Thailand's SEC opens a crypto regulatory sandbox to “facilitate experiments”. The SEC has already allowed professional investors to engage with U.S. Spot Bitcoin ETFs.
Thailand SEC issues new guidelines with crypto regulatory sandbox launch.
Thailand's SEC said the sandbox is now open for applications for participants including crypto exchanges, brokers and custodians.
Asia's crypto industry is witnessing profound changes as governments across the region implement stricter regulatory measures while fostering innovation.
The Sandbox (SAND) has recently faced significant fluctuations, prompting traders to reassess their strategies. The latest market developments reveal a pivotal moment for SAND, as it grapples with key support levels and trading patterns.
Sandbox's average floor prices have plummeted by 95% over the past four years, reflecting a broader Metaverse market slump.
The cryptocurrency industry will unlock nearly $230 million in vested tokens this week, sounding an alarm to these diluted cryptocurrencies. These unlocks will happen after a volatile week, with most digital assets experiencing a massive crash in the price.
On August 9, Thailand's Securities and Exchange Commission (SEC) unveiled its new Digital Asset Regulatory Sandbox, designed to test and advance cryptocurrency services within a controlled regulatory environment.
Amid the rapid adoption of crypto and the increasing need for regulation in respective regions, Thailand's financial regulators announced on August 9 the launch of a “regulatory sandbox” designed to “test and refine” cryptocurrency services.
The Securities and Exchange Commission (SEC) of Thailand is launching a new crypto asset regulatory sandbox to test its digital asset-related services.
The Securities and Exchange Commission of Thailand (SEC Thailand) has launched a Digital Asset Regulatory Sandbox, according to an Aug. 9 press release. The initiative is designed to support the testing and development of services related to digital assets, providing a structured environment where businesses can explore innovative solutions within a regulated framework.
Thailand's Securities and Exchange Commission (SEC) doubles down on crypto oversight with a regulatory sandbox.
Thailand SEC introduces a sandbox to test cryptocurrency services.
The Securities and Exchange Commission (SEC) of Thailand officially introduced its Digital Asset Regulatory Sandbox on Friday, August 9. This move is aimed at accelerating innovation in the country's Bitcoin (BTC) and overall digital asset sector.
Thai financial regulators have officially launched a Digital Asset Regulatory Sandbox to promote broader crypto adoption in Thailand.
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.
SAND bears took after as it fell below key support levels, will the bulls step in?
The Sandbox is giving away monthly rewards to holders of a specific set of eligible NFT avatars based on last month's snapshot. These rewards can be claimed until 31st August.
Ronin Bridge, an Ethereum sidechain built for the popular play-to-earn non-fungible token game Axie Infinity, has been hacked. The hack caused 3,996 Ethereum (ETH) worth approximately $9.33 million to be lost.
The Wild Noctid Chase in Axie Infinity Homeland Avatar Mode gives players a chance to win AXS, Land Items, and SLP.
After an Open Beta Test that ran from 17th July – 24th July, the Homeland Avatar mode in Axie Infinity is now live for all players. All data from the beta test has been reset, and players can now start fresh with a new account.
The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.
As August approaches, notable token unlock events are expected to impact the market. BeInCrypto has highlighted the top five unlocks that could influence market dynamics.