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US Inflation Hits 7.5%, More Than Expected

10.2.2022
Inflation in the world’s largest economy reached 7.5% year-over-year for January, coming in well above analysts’ expectations. The change in consumer price index (CPI) since last month came in at 0.6%, above the 0.4% expected. Meanwhile, the so-called Core CPI, which excludes food and beverages...

Regulatory Clarity Would Bring More Crypto Trading to US - FTX's Boss

10.2.2022
  Providing more regulatory clarity is the most important thing that can be done in order to attract crypto innovators to the US, FTX CEO Sam Bankman-Fried told senators. He was speaking during a hearing on digital assets in the US Senate’s Committee on Agriculture.... Read More: Regulatory...

Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint

10.2.2022
  The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...

Florida Home to be Auctioned Off as an NFT

8.2.2022
  A Florida, USA home is being auctioned off as a non-fungible token (NFT) for the first time in the history of real estate. Real estate startup Propy will host the auction and will accept payment in the form of digital assets. The 2,162-square-foot Tampa Bay home has five bedrooms and three...

US Arrests Two Suspects in Bitfinex Bitcoin Hack, Seize USD 3.6B in Crypto

8.2.2022
  Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, presently valued at approximately USD 4.5bn, the US Department of Justice said.   According to them, thus far, law enforcement has seized...

XRP Rallies as New Court Orders Offers Hope that Ripple Case May Soon End

8.2.2022
  XRP, the coin affiliated with the US-based fintech firm Ripple, extended a week-long rally in the market today that started after a judge in an ongoing court battle between Ripple and the US Securities and Exchange Commission (SEC) issued orders that were seen as positive for Ripple.... Read...

Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes

4.2.2022
  Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings. In a 50-page complaint submitted to the New York Southern District Court...

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