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Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection
28.2.2023
On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created...
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
28.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”...
Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value
27.2.2023
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37%...
Shiba Inu Investor Transfers Tokens to Exchanges, Possibly Foreshadowing Price Drop
27.2.2023
The shiba inu price slid 7% the last time the holder transferred the token to an exchange, data shows
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter
26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...
Uncertain BTC Outlooks, Definitely Scam Tokens, Maybe Dead Queens and 20 Crypto Jokes
25.2.2023
Read More: Uncertain BTC Outlooks, Definitely Scam Tokens, Maybe Dead Queens and 20 Crypto Jokes
BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
24.2.2023
Lending protocol Venus has a total locked value of $800 billion as of Friday. The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek out strategic partnerships that ultimately benefit the token’s value
Spotify's Latest Experiment: Playlists Unlocked by NFT Holders – The Future of Music Streaming?
24.2.2023
Online music streaming giant Spotify is testing a new playlist function made specifically for non-fungible tokens (NFTs) holders.
Called Token-Enabled Playlists, the new function will enable users who hold certain NTFs to connect their crypto wallets to Spotify and access exclusive...
Seized NFTs Worth Millions of Dollars To Be Sold by Three Arrows Capital Liquidators – Here's The Latest
24.2.2023
Liquidators of the now-defunct crypto fund Three Arrows Capital plan to sell some of the firm's NFTs as part of recovery efforts.
In a notice published Wednesday, Teneo, the New York-based liquidation firm tasked with overseeing 3AC's liquidation, said they will put the bankrupt firm’s NFTs...
Tokens of Optimism Ecosystem Surge as Coinbase Unveils its Layer 2 Base
24.2.2023
Coinbase said Thursday that it is leveraging Optimism's technology to launch an Ethereum layer 2 scaling product, Base
NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
23.2.2023
The popular NBA Top Shot NFT trading cards could be deemed securities for regulatory purposes in the US, after a judge allowed a lawsuit against Top Shot’s creator to move forward.
Top Shot creator Dapper Labs was sued by a buyer of the NFTs who alleged that the creator’s failure to register them...
CoinEx’s tokens and services are under NY Attorney General scrutiny
23.2.2023
In the crypto sphere, exchanges continue to come under scrutiny by regulators and relevant authorities. The reason is pretty simple: most exchanges offer tokens and services that qualify as securities and/or commodities, but they are being offered without any registration. The New York Attorney...
Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market
23.2.2023
Physical artifacts retrieved from the wreckage of the Titanic are set to be tokenized as NFTs and shared with the world through a new, three-way partnership.
The collaboration involves RMS Titanic (RMST), which holds exclusive salvage rights over the wreck and the wreck site of the Titanic, Hong...
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
23.2.2023
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest...
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities
23.2.2023
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot...
NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities
22.2.2023
The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs
22.2.2023
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address...
Binance Shifts to ‘Semi-Automated’ Process to Manage Reserves of Tokens It Issues: Bloomberg
22.2.2023
Reserves for these tokens had previously been mixed with customer funds
Bitcoin Soars Over $25K, MEXC (MX) Rockets To All-Time High in 2023
22.2.2023
PRESS RELEASE. With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of...
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
22.2.2023
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that...