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Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law
7.12.2022
Though a court in China ruled against the claims made by a non-fungible token (NFT) buyer, it found that these tokens are virtual property protected by law.
The ruling was reached by a court in the city of Hangzhou, the capital of the Chinese province of Zhejiang, in a case that involved...
DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
7.12.2022
The plan will see Mercurial launch its popular products as a separate project under the name Meteora
Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell
7.12.2022
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell...
Fan tokens struggle to hold on as World Cup quarter-finals draw nearer
7.12.2022
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
The impact of CBDCs on stablecoins with Bitget's Gracy Chen
6.12.2022
While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
5.12.2022
The blockchain analysis firm Nansen says that some crypto traders appear to be withdrawing the LINK tokens en masse ahead of Tuesday’s opening for early access to Chainlink’s new staking program
Minting of Reddit Avatar Tokens Climbed to Record High Over Weekend
5.12.2022
The Polygon blockchain-based collection has some 3.4 million holders, all of them Reddit users
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
5.12.2022
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....
Chinese court says NFTs are virtual property protected by law
5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs
Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask
3.12.2022
Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank...
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
3.12.2022
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan...
Ankr says no one should trade aBNBc, only LPs 'caught off guard' will be compensated
2.12.2022
The company stated it would be discontinuing aBNBc and aBNBb tokens "effective immediately," and that "new ankrBNB tokens will be minted and airdropped to affected aBNBc and aBNBb users."
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
2.12.2022
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint...
Coinbase Disables NFT Trading on Wallet Due to Apple’s App Store Policies – Here’s What Happened
2.12.2022
Major crypto exchange Coinbase announced that users can no longer transfer non-fungible tokens (NFTs) using Coinbase Wallet iOS - the 'culprit' being Apple's App Store policy.
"You might have noticed you can't send NFTs on Coinbase Wallet iOS anymore," said Coinbase in their tweet on Thursday...
What is tokenization and how are banks tapping into its design principles?
1.12.2022
Financial services organizations can use tokenization to solve several friction points and have better risk management in place
Russia's Sber bank integrates Metamask into its blockchain platform
1.12.2022
Russia’s largest lender is moving into DeFi and Web3 by integrating its blockchain platform with the Ethereum blockchain
MATIC attack: How smart crypto traders “got out” before a 35% price drop
1.12.2022
Polygon (MATIC) and Green Satoshi Token (GST) provide the perfect examples of how quant analysis can help cryptocurrency investors shield themselves from volatile markets
$100 Marvel Snap Bundle Reminds Me That, Yeah, This Is A Mobile Game
30.11.2022
Yesterday, Marvel Snap was updated and for the most part, the update was well received. The new token system is in and some small quality-of-life changes have been added. Good stuff! But when players opened the store after the patch they saw a big ol’ banner for a new $100 bundle. And while...
First Mover Americas: Coinbase Wallet Ditches 4 Tokens
30.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 30, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets