Platform

On July 17, the popular NFT platform Premint was hacked, resulting in the loss of over 300 NFTs with a total value of $400,000.

US Security and Exchange Commission (SEC) Chair, Gary Gensler, recently revealed that the commission is working on a dossier for cryptocurrencies. The main goal of the platform is to unite all US financial regulators in the regulation of cryptocurrencies. The first goal is to reach an agreement with the US Commodity Futures Trading Commission on cryptocurrencies.

The Federal Bureau of Investigation (FBI) has sent a stern warning to professional networking site LinkedIn. Sean Ragan, Special Agent with the Bureau, said cryptocurrency investment scammers are on the rise on the professional network.

The crypto market has been in a brutal downtrend, which means there is widespread fear and a strong hesitation to reenter positions. Some investors lost significant capital during the drawdown and could have less money to risk at this time. Others might simply want to see more of a recovery from the asset class before going long.

The token sale session for PlanetNFT is starting on May 25th at the P2PB2B exchange. When buying PNFT, users will get a 5% bonus additionally.

PrimeXBT is a brand making waves recently, letting traders short Bitcoin and the stock market during the recent downtrend while still allowing them to go long when the market is ready to rebound.