Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.
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Crypto at the polls: Eric Adams wins NYC mayoral race
Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote. 1464 Total views 30 Total shares Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race…
FINRA says rules still apply in the metaverse
The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.
Swyftx cuts 40% of staff as it braces against ‘worst-case scenario’
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout. Own this piece of crypto history Collect this article as NFTAustralian-based crypto exchange Swyftx has laid off a total of 90 staff members, which it said was in preparation for a “worst-case scenario” caused by the…
Major Agriculture Companies Partner to Use Blockchain in Grain Trading
The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies, Reuters reports Thursday, Oct. 25.ABCD, composed of Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., states that blockchain implementation could make trading more efficient and transparent,…
Big Tech faces financial reckoning if human-level AI doesn’t happen soon
Sequoia Capital says the industry needs to make about $600 billion in profit before the current expenditures start to make sense.
Crypto Markets Continue to See Low Volatility, With Scant Few Coins Budging in Price
Thursday, Oct. 18: Crypto markets are seeing continued stability, with few of the major cryptocurrencies budging in price, as Coin360 data shows.Market visualization by Coin360Meanwhile, Tether (USDT) has seen marked movement for a “stablecoin.” Having slipped from its U.S. dollar peg to trade well below its historical price range last week, the asset has today…
Major DeFi founders back play-to-earn game that hopes to be next Flappy Bird
A new play-to-earn (P2E) blockchain game that hopes to emulate the addictive success of 2013 mobile phenomenon Flappy Bird has drawn backing from some of DeFi's biggest names.Kain Warwick from Synthetix, Stani Kulechov from Aave, Tyler Ward from Barnbridge, angel investor Santiago Santos (ex-ParaFi Capital) and 0xmaki from Sushi joined a pre seed round this…
Funding surpasses $2 million for this charity DAO
Multiple parties added capital to Endaoment, which aims to turn its ecosystem into a decentralized autonomous organization for donations — charity for the people. Opportunities for cryptocurrency usage have risen over the years as digital assets have become more well known. One operation, called Endaoment, is aiming to put charitable giving in the hands of…