NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other…
Maand: september 2022
Portland Trail Blazers Cut Jersey Patch Partner Deal With Staking Firm StormX
Amidst CeFi chaos, it’s been a relatively quiet year for Seattle-based staking platform, StormX. Despite signing a multi-year deal jersey patch sponsorship with the NBA’s Portland Trail Blazers last year, that deal…
How Ethereum [ETH] is faring amid reshuffled demand
Ethereum [ETH] volumes have been all over the place in the last three months and more so in September. Perhaps an expected outcome, given the drastic changes that have taken place in…
Cardano Developer Emurgo Undaunted By Bear Market As It Shells Out $200M In Investments
The crypto bear market has been brutal, but it has not stopped development in the Cardano ecosystem in any way. The network recently celebrated the completion of its Vasil hard fork, and…
Ethereum vs. Polygon and an ‘OpenSea’ of decline in NFTs trading
The craze that surrounded profile picture NFTs (PFPs) in 2021 dwindled significantly as per data from Dune Analytics. According to the blockchain analytics platform, monthly NFT trading volume on OpenSea had declined…
Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform
The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will…
OpenSea Delisting Bug Impacts Another Major NFT Collection
Another OpenSea bug strikes again. It’s a less-than-ideal way to end the week for the once blue chip NFT collection, Azukis. Holders of Azuki NFTs were awakened on Friday to an email…
I Made an NFT Collection to Represent My Student Loan Debt
“College Admission” is a performance art NFT collection that takes a critical lens to the student loan debt crisis and the shame it causes borrowers. Source: Coindesk Original Post: I Made an…
Trading Giant Robinhood Enables Transfers for Recently Listed Ethereum (ETH) Challenger
Customers of the trading giant Robinhood can now execute external transfers of the Ethereum (ETH) competitor Avalanche (AVAX). Robinhood first launched crypto transfers in and out of its platform in July, adding…
Texas and Vermont State Regulators Object to Celsius Seeking Permission To Sell Stablecoin Holdings
Regulators from two states are objecting to bankrupt crypto lender Celsius seeking permission to sell their stablecoin holdings. According to recent court documents, the Vermont Department of Finance alongside two regulatory agencies…
Crypto and the ‘Law of the Horse’
There’s no such thing as “crypto law.” So why are so many people studying it? This article is part of CoinDesk’s “Education Week.” Source: Coindesk Original Post: Crypto and the ‘Law of…
ETHW traders should know these updates before they go long
Binance, a cryptocurrency exchange, announced that its users can participate in a mining pool dedicated to Ethereum Proof of Work [ETHW]. Furthermore, Binance on 29 September also announced that the ETHW pool…
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
Tune out the noise and focus on the signal. 5 important BTC price indicators are in multi-year “buy zones.” Source: Cointelegraph.com Original Post: So what if Bitcoin price keeps falling! Here…
Beleaguered NFT Traders Can Now Relive Mania With Fantasy League Game
As NFT winter deepens, Flip says its new fantasy league will still provide traders the “sweet adrenaline” of flipping JPEGs. Source: Coindesk Original Post: Beleaguered NFT Traders Can Now Relive Mania With…
CFTC takes legal action against Digitex futures exchange and CEO
Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States. Source: Cointelegraph.com Original Post: CFTC takes…
Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was
The Hong Kong-based group documented its reproduction of the hack on its tech and security oriented blog, seeking insights into Web3’s attack surface spectrum. Source: Cointelegraph.com Original Post: Amber Group uses…
Market Wrap: Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data
The largest cryptocurrency by market capitalization rose over $20,000 at one point in choppy trading; ether ticks upward. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. …
XRP Jumps 20% in a Matter of Hours Amid SEC’s Latest Setback in Ripple Lawsuit
The sixth-largest crypto asset by market cap, XRP, is rallying amid Ripple Labs scoring a win in court in a lawsuit lodged by the U.S. Securities and Exchange Commission (SEC). XRP surged…
What is regenerative finance (ReFi) and how can it impact NFTs and Web3?
NFT Steez chats with Celo ecosystem lead Mashiat Mutmainnah about the promise of ReFi and its capacity to promote environmental and social good. Source: Cointelegraph.com Original Post: What is regenerative finance…
DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined
Majority of the top 100 DeFi tokens had a mixed week, with several tokens trading in green on weekly charts, with the total value locked seeing a minor increase of $4 billion….