Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter

The former head of the world's first publicly-listed blockchain firm the is new CEO of Binance’s Australian subsidiary. 399 Total views 247 Total shares Binance Australia has announced the appointment of Leigh Travers, the former chief executive of local blockchain technology and payments firm DigitalX, as the company’s new CEO.Travers has worked at DigitalX for…

BTC price is racing toward $24,000, but analysts warn that a lower support retest is needed to confirm the strength of the current breakout. 395 Total views 5 Total shares Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action have finally…

United States blockchain and crypto investor Michael Terpin has won $75.8 million in a civil case against 21-year-old Nicholas Truglia, who reportedly defrauded him of crypto assets. Reuters reported the news on May 10.Per the report, the California Superior Court last week ordered Manhattan resident Truglia to pay the amount above in compensatory and punitive…

CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.

The investment services firm said its new global head of insurance solutions would be spearheading the effort. 1125 Total views 10 Total shares New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin.In an announcement today, the New York…

At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke. 104 Total views 2 Total shares Approximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on August 5.The highly anticipated London hard fork went live on Wednesday this week, ushering…

Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery." Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.In a Sept. 15 filing in the United States Bankruptcy Court for

A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project. 620 Total views 11 Total shares Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and a video sharing site both joined the CBDC project,…

The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project. 1161 Total views 32 Total shares The Central Bank of Russia is reportedly developing a digital mortgage platform powered by a domestically developed blockchain called Masterchain, local state-owned news agency Ria reported on May 28.According to Olga…