Sotheby’s, the renowned auction house, has made a significant leap forward in the blockchain art industry with the introduction of their new generative art program. This program will now record all of its sales on the Ethereum network, paving the way for a new era in the art world. Here’s everything you need to know about this groundbreaking development. Known …
Continue ReadingIn a recent blow to the U.S. Securities and Exchange Commission (SEC), the regulatory body has lost a case in the DC Circuit Court related to SPIKES futures. The court ruled that the SEC’s order was arbitrary and capricious, echoing similar language used in the Grayscale lawsuit. This development raises concerns about the SEC’s ability to win cases and casts …
Continue ReadingGala Games teams up with Elixir Games Launcher to bring blockchain-based games to a wider audience, offering weekly gaming nights and enriching the gaming landscape. Key Points Gala Games, a prominent player in the Web3 gaming industry, has joined forces with Elixir Games Launcher, a well-known distribution platform. Their aim is to expand the reach of Gala’s blockchain-based games to …
Continue ReadingReddit and Cool Cats have teamed up to release a new series of collectible avatars called Retro Reimagined. This collaboration brings together renowned artists such as Micah Johnson, Chris Torres, and Clon, the co-founder of Cool Cats NFT. The Retro Reimagined series marks the fourth generation of collectible avatars and showcases Cool Cats’ unique style. The standout avatars in this …
Continue ReadingFormer Commodity Futures Trading Commission lawyer, Mike Selig, has brought attention to the case for an XRP exchange-traded fund (ETF) amidst the recent wave of applications for Ethereum ETFs with the U.S. Securities and Exchange Commission (SEC). Selig’s perspective takes into account key regulatory speeches, the SEC FinHub framework, and relevant court decisions pertaining to digital assets. Selig argues that …
Continue ReadingRipple is back in the spotlight and taking a strong stance against misconceptions surrounding a recent lawsuit ruling. In its Q2, 2023 XRP Markets Report, the company aims to correct the distorted narrative and shed light on the nuanced implications of the court’s decision. The first misconception Ripple seeks to debunk is that the court’s ruling was a split decision. …
Continue ReadingHong Kong has taken a significant step in its fintech regulatory landscape as the Securities Regulatory Commission (SFC) has approved compliant exchanges to offer services to retail investors. This groundbreaking move allows retail investors to access digital assets through these exchanges, marking an important milestone for Hong Kong. Currently, only two exchanges, HashKey Pro and OSL, have obtained compliance status …
Continue ReadingElvis Presley, the King of Rock ‘n’ Roll, will soon make his entrance into the metaverse with a series of officially licensed NFT avatars. This exciting announcement comes from The Sandbox, which has confirmed the release date for these avatars that celebrate the enduring legacy of the iconic musician. The collection will feature a total of 3000 avatars, each showcasing …
Continue ReadingBinance Faces Scrutiny Over Allegations of Fraud and BTC Manipulation The crypto-exchange giant, Binance, is currently under the spotlight as allegations of potential fraud and Bitcoin (BTC) manipulation surface. Investors and investigators are closely observing Binance, its CEO Changpeng Zhao (CZ), and its native token Binance Coin (BNB) amidst controversy and uncertainty. One intriguing pattern that has emerged is the …
Continue ReadingOpen Ordinals Institute Formed to Support Bitcoin-Based Protocol The team behind the innovative Bitcoin-based protocol, Ordinals, has reached a milestone in its development journey. They recently launched a nonprofit organization called the Open Ordinals Institute to provide crucial support for their groundbreaking protocol. This announcement comes at an opportune time as the platform surpasses 21 million inscriptions. Ordinals, created by …
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