Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle
The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.
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TAG Heuer has an NFT smartwatch: Nifty Newsletter, June 15–21
This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) and metaverse-based projects. Also, watch manufacturer TAG Heuer is dipping its toes into NFTs, and digital collectible platforms in China have increased in number despite warnings from the government.On a positive note, a CryptoPunk that was donated to Aid For Ukraine sold for…
Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, LTC, XLM
Hot on the heels of Paypal’s crypto adoption, JPMorgan’s Global Markets Strategy division released a report detailing how Bitcoin (BTC) could offer “considerable” upside “if it competes more intensely with gold as an 'alternative' currency.”According to the analysts, the three reasons for their long-term bullish view on Bitcoin are the large valuation gap between Bitcoin…
New bill in Ukraine to allow payments in cryptocurrency, says official
The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from the U.S. dollar. 1319 Total views 389 Total shares A new cryptocurrency-related bill in Ukraine will allow payments in cryptocurrencies like Bitcoin (BTC) despite not recognizing crypto as legal tender, a government…
Bitcoin vs. Traditional Assets: How Does Crypto’s 10-Year Performance Sync Up?
Bitcoin has been among the most fascinating tradable assets to watch over the last year. From reaching dazzling new heights to its most recent tumble to fresh one-year lows, the cryptocurrency market has been nothing short of exciting when attempting to characterize its volatile ebb and flow.Amid the growing chorus of enthusiasts, activists and investors…
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
Tornado Cash 2.0: The race to build safe and legal coin mixers
When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back — and with a glossy new institutional sheen and legit use cases to help traders and funds keep their market moves a “trade” secret. Tornado Cash is what is known as…
Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance
While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from the law since the beginning of the year.The Monetary Authority of Singapore (MAS), the country’s central bank and major financial regulatory authority,…
Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies
The cryptocurrency community is back in high spirits on Jan. 12 after a majority of tokens in the top 200 flashed green following Bitcoin's (BTC) spike to $44,000.The return of bullish momentum has come as a boon to several altcoin projects, with multiple tokens seeing gains in excess of 20%. Top 7 coins with the highest…