Binance reaches $1.7M agreement with Brazilian securities regulator
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization.
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NFT collector sues OpenSea for locking account after being scammed
The lawyer leading the legal team highlighted that this is not an isolated case and alleged that OpenSea ignores issues in some instances. 210 Total views 6 Total shares Own this piece of history Collect this article as an NFTA nonfungible token (NFT) collector is taking legal action against the OpenSea NFT marketplace for several…
Bitcoin Price $9.5K Resistance Puts BTC Halving Rally in Jeopardy
Investors in Bitcoin (BTC) have seen a tremendous week, as the price of the top-ranked cryptocurrency rallied from $7,500 to $9,500. A rally of $2,000 in just a matter of a week.Is this halving FOMO? Sustainable growth? All questions are arising in the recent movements, but overall a solid week for Bitcoin and crypto. What…
Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto
"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team. 249 Total views 15 Total shares Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed to turn over roughly $17 million worth of cryptocurrency.In…
Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme
The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges. 121 Total views 1 Total shares The creator of the Mutant Ape Planet nonfungible token (NFT) collection — a knock-off of Yuga Labs’ Mutant Ape Yacht Club project — has pleaded
How blockchain technology is transforming climate action
The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture.The United Nations…
Robinhood subpoenaed by SEC over crypto listings and custody
The firm said it received an investigative subpoena in December regarding its crypto listings, crypto custody and platform operations. Own this piece of history Collect this article as an NFTRobinhood Markets has revealed thait had received an investigative subpoena from the United States Securities Exchange Commission (SEC) over its digital asset business' crypto listings, custody…
Blockchain metaverse ecosystems gain traction as brands create digital experiences
Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online. While the “Metaverse” is still a new concept, research firm Strategy Analytics found that the global Metaverse market is forecasted to hit nearly $42 billion by 2026. This very well may be the…
Virgin Galactic CEO: Everyone Should Have 1% of their Assets in Bitcoin
Chamath Palihapitiya, the billionaire chairman of spaceflight company Virgin Galactic, has recommended that everyone hold Bitcoin (BTC) as a form of crisis insurance. Speaking on CNBC’s Squawk Box, Palihapitiya said he believes that “everybody should probably have 1% of their assets in Bitcoin.” Palihapitiya said that Bitcoin comprises a “fantastic hedge,” as every other financial instrument is…