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Crypto Exchange WOO X Raises $9 Million for Strategic Liquidity Boost


The crypto exchange Woo has secured $9 million in a recent funding round. The capital injection came from existing and prospective market makers trading platform. The capital injection aims to enhance liquidity on Woo’s exchange, the company said in a statement published on its website....

Elon Musk Weighs in on NFT Technology — Here’s What He Thinks


Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...

21Shares COO Departs, CEO Hany Rashwan Reassures Firm Has Transition Plan


Source: Nasdaq / Instagram Switzerland-based exchange traded product (ETP) firm 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable...

Bitcoin ETF Decision Dates Approach: What to Expect in January


Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC)’s move to start a public comment period for spot Bitcoin (BTC) ETF applications earlier than expected has stirred up optimism around the launch of these products.  On November 28, the SEC published filings instituting...

Blockchain Association Pushes Back Against IRS Regulations on Crypto Brokers


Source: Adobe / photoschmidt The Blockchain Association, a prominent crypto advocacy and lobbying group based in the US, has strongly opposed proposed Internal Revenue Service (IRS) regulations targeting crypto brokers. In a comment letter submitted on November 13, the association argued that...

UK Crypto Regulation Plan Draws Criticism from Former FCA Head


Charles Randell, former chair of the Financial Conduct Authority (FCA), has criticized the UK government’s plans to regulate the crypto industry in a way similar to traditional financial investments. His comment comes as the UK government is moving forward with its plans to regulate...

The Best Place For Video Game Tips Is Pornhub’s Comment Section


Gamers and porn enthusiasts have always had something of a symbiotic relationship. In 2022, popular games like Minecraft, Fortnite, and Overwatch dominated Pornhub searches, and PCGamer reported that the site has tons of Let’s Play-style videos that are devoid of pornographic content. Turns out...

Spot Bitcoin ETF Applications Face More Delays


The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public Opinion on Spot Bitcoin ETF The SEC put out a 34-page...

US SEC Says Filecoin Is a Security in Comment Letter to Grayscale


The US Securities and Exchange Commission determined that Filecoin is a security, according to a statement released by asset manager Grayscale Investments. In a press release sent on Wednesday afternoon, the digital currency asset manager said it had received a comment letter from SEC staff...

Pokémon Go Dev Says Everyone Loves Going Outside When Fans Are Mad About It


Pokémon Go has been riddled with controversy over the past month after developer Niantic made changes to Remote Raid Passes. The changes included limiting how many times people could use these items to play the game remotely, rather than having to leave their home to take part. Alongside this,...

Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says


Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital...

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