The EU says its sanctions will potentially weaken Russia’s industrial capacity to continue its war in Ukraine. The European Union (EU) commission has imposed a new wave of sanctions on Russia over its invasion of Ukraine, according to an Oct. 6 press statement. “(All) existing prohibitions on crypto assets have been tightened by banning all […]
EU narrows Russia’s options further with crypto sanctions Read More »
QUICK TAKE The number of NFT-related trademark applications in the U.S. have already clocked triple what 2021 had in its entirety. NFT trademark filings peaked in march, but have fallen in every month since. The number of U.S. trademark applications pertaining to NFTs and other blockchain products have already nearly tripled in 2022 compared to
NFT trademark filings this year so far outstrip 2021’s total 3-to-1 Read More »
Popular crypto analyst Cred says that Bitcoin’s (BTC) price may have hit bottom at around $20,000 in a market correction driven by unprecedented factors. In a new Youtube market analysis, Cred says BTC’s trading price may not drop lower but if it does, he says in the long term it will not matter.
FTX has bid $1.4 billion for Voyager Digital’s assets, looking to provide users a way out if they move to its platform, but there are risks. ANALYSIS In September, cryptocurrency exchange FTX US secured the winning bid for the assets of embattled crypto brokerage firm Voyager Digital with a bid of approximately $1.4 billion. The bid was
FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users? Read More »
First nation to commit to a central bank digital currency will start “an avalanche of very similar types of evolution,” Tim Neill says Non-crypto firms such as Mastercard will be unable to pivot at a speed that blockchain technology demands, according to the Copper executive The new chief risk officer at Copper is looking to
Copper Chief Risk Officer Says ‘Cellular Explosion’ Will Accelerate Crypto Usage Read More »
Memecoin Dogecoin experienced a marked bullish bump on Tuesday, bolstered by the announcement that Dogefather Elon Musk is reportedly still interested in buying Twitter on the deal’s original terms. Musk Willing To Finally Close Twitter Deal Elon Musk’s Twitter takeover agreement is not dead after all. According to a Bloomberg report on Tuesday, Musk’s legal team sent
The saga of the Terraform Labs, the implosion of which has sent shockwaves across the cryptocurrency market, continues to draw media attention, as South Korean and international authorities are taking more interest in the platform’s CEO Do Kwon. As it happens, South Korean prosecutors have frozen 56.2 billion won ($39.66 million) in digital assets, including Bitcoin
The European Union has reached an agreement on the Markets in Crypto Assets Regulation (MiCA) framework that spells out how the region should approach the crypto sector. Officials from countries in the bloc signed the framework text into law without any further deliberation, the Council of European Union said in a statement released on October 5. MiCA is a culmination
EU agrees on text of the first-ever regulatory Bitcoin framework Read More »
The Metaverse’s Potential for Fashion Retail A new market study published by Global Industry Analysts Inc., (GIA) (a market research firm) called Metaverse – Global Market Trajectory & Analytics shows that the worldwide market for Metaverse is forecast at $194 billion in 2022, it is projected to reach $758.6 billion by 2026. In this report,
The Metaverse’s Potential for Fashion Retail Read More »
Hype may have been a factor in the rise of NFTs, but the actual utility will be the catalyst for the mainstream adoption of the technology. ANALYSIS Nonfungible tokens (NFTs) have seen a stratospheric surge in popularity accompanied by sky-high values, giving rise to legitimate and ongoing worries about a market bubble, as many projects
Mainstream NFT adoption will be driven mostly by their utility Read More »
