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Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Ripple CEO slams SEC over use of XRP report in lawsuit
2.8.2023
Brad Garlinghouse stressed Ripple's unchanged commitment to transparency but hinted that future reports might undergo some changes
Binance Japan to Launch With 34 Listed Cryptocurrencies
2.8.2023
Binance, which is preparing to launch its new Japanese platform in August, will offer users the opportunity to trade 34 coins, local crypto media reported. Besides major cryptocurrencies such as bitcoin and ether, Binance’s own token will also be among the listed digital assets. Binance...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
31.7.2023
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS)
SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex
31.7.2023
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through unregistered securities offerings. SEC Lawsuit Accuses Richard Heart of Running...
Japanese Blockchain Developer HashPort Group Raises $8.5 Million in Funding
31.7.2023
In its latest funding drive, HashPort, the Japanese blockchain developer, has garnered a whopping 1.2 billion Japanese yen (equivalent to $8.5 million).
The Series C funding round was led by major players like Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners,...
Gucci Material NFT Holders to Redeem for Wallets and Branded Duffle Bags
31.7.2023
Fashion giant Gucci has decided to reward some of its non-fungible token (NFT) holders with special physical items.
This, according to Vogue Business, will be either a Gucci bag or wallet - the type that can't be bought otherwise.
Per the project description, the options are a Gucci bifold wallet...
Top 5 Tron tokens and their applications
31.7.2023
Tron, the digital platform that is decentralized and blockchain-based, owns its very own cryptocurrency, the Tronix or TRX. Founded in 2017, the Tron Foundation, a Singapore-based non-profit organization, bags the credit for discovering Tron. Tron Foundation focuses on anchoring a global...
Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO
31.7.2023
Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility
Ethereum is about to get crushed by liquid staking tokens
31.7.2023
The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market
US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs
30.7.2023
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger...
Kenyan Data Regulator Issues Warning as Residents Rush to Get Worldcoin’s ‘Free Money’
30.7.2023
The Kenyan data regulator said it is conducting an “assessment of Worldcoin’s practices to ensure compliance with the law.” The data regulator has urged “increased vigilance” by Kenyans who are signing up to receive Worldcoin’s “free money.”...
DOJ seeks SBF's bail revocation over tampering, diary leak allegations
30.7.2023
The letter revealed that on January 15, 2023, the defendant reached out to the current General Counsel of FTX U.S., who could potentially serve as a witness in the trial
Lawmakers probe Apple's App Store policies on blockchain, NFTs
29.7.2023
Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations
SEC, Binance unite against Eeon's lawsuit intervention
29.7.2023
The US SEC contends that Eeon has a history of repeatedly representing themselves in court cases, but their claims have consistently been unsuccessful in federal courts
DeeLance is Decentralizing Freelance Recruitment with Blockchain – How Does it Work?
29.7.2023
DeeLance, a forward-thinking crypto and NFT-based freelancing platform, plans to overhaul the freelance recruitment system by utilizing the transparency and security of the blockchain.
With the presale of its native token $DLANCE concluding in 3 days, this decentralized freelancing solution hopes...
Here’s how big food and beverage brands are using NFTs: Report
28.7.2023
The key supporting factors for the market are the adoption of blockchain technology and the demand for NFTs for transparency and traceability in the food industry
NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million
28.7.2023
Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.
Per the current prices, this is worth $1,178,520.
'Themes and Variations' collection was created by the 99-year-old Molnár in collaboration with artist Martin Grasser....
Hong Kong and Saudi Arabia collaborate on tokens and payments
27.7.2023
The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since