CrossTower: A Look Into the Valuable Properties of NFTs

The Securities and Exchange Commission (SEC) ordered listed companies, including crypto firms, to publish annual reports on their "cybersecurity risk management, strategy, and governance."The new rule requires companies to disclose any "material" cybersecurity incidents within four business days in a bid to deepen trust between investors and public companies. Companies must detail how the cyberattack…

Crypto asset management product De.Fi released its antivirus tool on the zkSync Era blockchain, a company representative told CoinDesk.The antivirus tool protects users against common malicious crypto exploits, such as phishing, smart contract vulnerabilities, blind signing, and more. Crypto traders lost over $300 million due to hacks and exploits in the past month alone, with…

feature The Takeaway Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. Wednesday. The contracts, which pay traders out in bitcoin, rather than U.S. dollars, will be available to both institutional and retail investors. Customers can deposit bitcoin, rather than dollars, when buying a contract. LedgerX has…

news Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances. According to a report from SBS-AAP, the country’s Communist government announced on state-run TV that it would potentially use crypto as part of a package aimed to boost incomes for as much as a quarter of Cubans and…

Good morning. Here’s what’s happening:Prices: Caleb & Brown's Jake Boyle explains why ether might be the more interesting play than bitcoin.Insights: Coinbase's stock is up more than 23% since Ripple's partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he's upbeat about the company.As East…

The Bitcoin network has seen a resurgence in innovation and development in the past year, Franklin Templeton said.Bitcoin NFTs called Ordinals have seen a surge in trading volume, the report noted.Ordinal collections are starting to dominate the NFT market. Bitcoin innovation and development has seen a “renaissance” in activity in the last year, Franklin Templeton

Non-fungible tokens tied to an animated web series starring Mila Kunis and Ashton Kutcher were illegally offered, according to a Securities and Exchange Commission (SEC) order on Wednesday that said the royalty-generating NFTs used to finance the series were unregistered securities.The order alleges that Stoner Cats 2 (SC2) reaped at least $8 million in sales

One thing is for sure: the cryptocurrency landscape is changing; regulatory frameworks continue to evolve, as do new products. How can advisors help their clients navigate the options within the space? In today’s issue, Meredith Yarbrough, managing partner at La Hoja Capital Partners, explores bitcoin’s role as collateral in lending and the potential benefits it

A lot of executives in crypto have set their business plans based on the expected arrival, at some future point in time, of a horde of mainstream investors who will bring billions of dollars of assets, and eventually trillions, over to the digital rails, as it were.Behind the scenes, though, a perhaps more urgent pitch