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Toy Manufacturer Mattel to Launch P2P Marketplace for Virtual Collectibles on NFT Platform
22.4.2023
On April 20, the American toy manufacturing company Mattel announced an update to its virtual collectibles platform, which will go live on April 27. The peer-to-peer platform, called Mattel Creations Virtual Collectibles, will coincide with the Hot Wheels NFT Garage Series 5, featuring some of...
African Blockchain Business Funding Rose 429% in 2022 — Report
20.4.2023
In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds...
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
18.4.2023
Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said
Florida Gov. Ron DeSantis Has Now Pissed Everyone Off With His Disney Feud
18.4.2023
After several months of feuding with the Walt Disney Company’s lawyers, Florida governor Ron DeSantis doesn’t seem to recognize when he’s being outgunned. He’s proved that he’s willing to use everything within his arsenal to punish a corporation that opposes the “Don’t Say Gay” law—including theme...
New York Financial Regulator Adopts Assessment Rule for Crypto Companies – Here's What You Need to Know
18.4.2023
The New York State Department of Financial Services has passed a new law that requires companies holding a BitLicense to pay assessment fees similar to insurance and banking firms.
The regulation will give the NYSDFS new authority to “collect supervisory costs from licensed virtual currency...
China’s state-affiliated banks are on-boarding crypto companies in Hong Kong
17.4.2023
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms
China Opposes Recent US Sanctions for Chinese Firms, Criticizes ‘Long-Arm’ Jurisdiction Policies
17.4.2023
The government of China protested the enactment of sanctions on a series of national companies by the U.S., barring them from doing business with U.S.-based entities for allegedly collaborating with Russia. China’s Commerce Ministry criticized the move, saying it is a “typical form...
Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to ‘Close a Successful Funding Round’
15.4.2023
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to listen to offers from...
Companies Behind Azuki NFTs and LINE FRIENDS Characters Join Forces For Web3 Expansion
12.4.2023
Chiru Labs, the Web3 startup behind NFT projects Azuki and BEANZ, is partnering with IPX, the firm known for the colorful LINE FRIENDS characters that originally began as stickers for the LINE messaging app
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
12.4.2023
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide...
11 tips for companies considering blockchain to manage logistics
11.4.2023
While blockchain can be impactful, it’s not a one-size-fits-all solution; it’s important to consider your unique situation and needs
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
Ukraine Dismantles $40 Million Russian Crypto Pyramid
6.4.2023
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With...
15 ways crypto companies can manage costs in the current economy
6.4.2023
Balancing cost-cutting efforts with smart efficiency strategies can help crypto companies weather current macroeconomic conditions
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation
5.4.2023
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have...
Massive supply chain attack targeting small number of crypto companies: Kaspersky
4.4.2023
Crowdstrike and Kaspersky found an infection in a communications app that delivered a backdoor, but deployed it only a few times
William Quigley, Co-Founder of Tether and WAX, on Founding Companies, Crypto Investing, and The Future of Crypto Regulation | Ep. 218
4.4.2023
In an exclusive interview with cryptonews.com, William Quigley, Co-Founder of Tether and WAX, talks about the future of crypto regulation and the SEC involvement, and the current landscape of the cryptocurrency market....
Read More: William Quigley, Co-Founder of Tether and WAX, on Founding...
Steam Deck Competitor Promises Better Visuals, Windows 11
4.4.2023
Let’s be clear, hardware manufacturers have been trying to make handheld gaming PCs forever. The Steam Deck isn’t the first, and won’t be the last, it was just the first to be truly successful. A result of that success is that rivals now have a benchmark to aim for, though, and one of the first...
Report: Only 37% Of Viewers Finished Amazon’s Lord Of The Rings TV Show, The Most Expensive In History
4.4.2023
Last year’s massively expensive Lord of the Rings show on Amazon, Rings of Power, had a lot of hype going into it. Yet after Amazon spent over $450 million on the lavish production, a report claims that fewer than half of the viewers who watched the first episode finished the entire series. Read...