KEY POINTS The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday that both sides signed an agreement for cooperation on inspecting the audit work papers of U.S.- listed Chinese companies. The Goldman Sachs analysts said Monday their model “suggests that the market may be pricing in around 50% probability” that Chinese […]
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Users of Facebook can now link their crypto wallets and begin sharing their digital collectibles, parent company Meta said. Social media powerhouse Meta Platforms (META) said Monday that it’s now allowing users to post their non-fungible tokens (NFT) on social media platform Facebook. What started as an Instagram-oriented NFT integration in May is now available on both Meta-owned platforms.
Facebook Joins Meta’s Instagram in Supporting NFTs Read More »
F1 files trademark for 2023 Las Vegas Strip Circuit Grand Prix, listing NFTs and cryptocurrency in a variety of potential goods and services on offer. Formula One could introduce nonfungible tokens (NFTs), digital collectibles and cryptocurrency payment support ahead of the inaugural Las Vegas Grand Prix in 2023. F1’s trademark department registered two new trademark filings with
Merch and perfume: Formula One trademark filing paves the way for F1 NFTs Read More »
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto Read More »
The Monetary Authority of Singapore (MAS) is weighing the option of propelling ways of protecting consumers trading cryptocurrencies through new measures like suitability tests. Speaking at an event on Monday, Ravi Menon, the managing director at the MAS, hinted: “The MAS’ new rules may include customer suitability tests and cutting the use of leverage and credit facilities by
10 Most Expensive NFTs Ever Sold The blockchain industry has come a long way since its inception Non-Fungible Token (NFT) Cast in 2014.Projects like cryptokitties, rare pepeWhen Cryptopunks has made significant contributions to the NFT ecosystem both creatively and financially. NFT sales have gone viral, with some popular NFTs earning millions of dollars. But how high do these numbers go? It’s
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How Three Arrows Capital Blew Up and Set Off a Crypto Contagion Su Zhu and Kyle Davies turned 3AC into the most important hedge fund in crypto, but they bet everything on prices only going up. Days before Bitcoin fell decisively below $40,000, and two months before his hedge fund went bankrupt, Su Zhu sat
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Cryptocurrency prices drop as FDIC issues letters to crypto businesses asking them to stop. The FDIC is issuing this letter to address the engagement by FDIC-supervised institutions in crypto-related activities.2 Crypto-related activities may pose significant safety and soundness risks, as well as financial stability and consumer protection concerns. Moreover, these risks and concerns are evolving as
The time-tested hash ribbons indicator flagged a rare buy signal on Friday, suggesting now is the best time to buy bitcoin. Hash ribbons, an indicator with a proven track record of spotting opportunistic entry points for bitcoin, has flashed a buy signal suggesting now is a prime period to purchase the peer-to-peer currency. Knowing when
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ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings. Grayscale Investments LLC has been fielding questions from the U.S. Securities and Exchange Commission (SEC) over the firm’s “securities law analysis” of tokens in some of its less-popular crypto trusts. The inquiry,
Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May be Securities Read More »
