Art gallery argues NFT holders can’t sue it due to ‘market decline’
Eden Gallery argued that a group of NFT owners “may have buyers’ remorse, but their losses, if any, are due to market forces.”
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Redditor Creates BTC-Themed Game as Holiday Gift for Crypto Community
A Redditor has introduced a new Bitcoin (BTC) video game as a holiday gift to the crypto community.Shared on Dec. 24 on Reddit, the new “Satoshi vs. the Shills” Bitcoin game is a survival shooter game featuring Bitcoin’s anonymous creator Satoshi Nakamoto as the main character.The arcade game is available on the Google Play store…
Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives. 724 Total views 12 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTScuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list…
4 key takeaways from KPMG Pulse of Fintech Report
As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.Multinational professional services network KMPG published its biannual Pulse of Fintech…
The Bitcoin transition: How hodlers can become changemakers and drive adoption
“When you think about Bitcoin, it’s potentially the largest country or one of the largest countries today. But it’s digital and it’s spread out everywhere,” Jeff Booth told Cointelegraph. 272 Total views 6 Total shares Own this piece of history Collect this article as an NFTIf Bitcoin (BTC) were a country, it might be one…
Russian officials consider proposal to mine Bitcoin with associated gas
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high. 850 Total views 58 Total shares The Russian government is considering a new project to mine Bitcoin (BTC) with associated petroleum gas.Vasiliy Shpak, Deputy Minister of Industry and Trade of Russia, has reportedly filed a proposal with the Russian central…
Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteThe final scene of Animal Farm, Orwell’s classic fable of revolution gone wrong and a staple of secondary-school reading lists throughout the English-speaking world, features a card game. The pigs who run the farm with an…
US Treasury study finds CBDCs a plus for commercial bank stability
Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study. 221 Total views 4 Total shares The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday…
New Hampshire could become an alternative for crypto firms moving to the Bahamas
New Hampshire is on the verge of becoming a national leader in cryptocurrency if its legislature follows through on recommendations made by a commission appointed by Governor Chris Sununu. The recommendations would establish a legal framework for blockchain and crypto businesses in the state, providing clarity and certainty to entrepreneurs and regulators while avoiding the…