Investors file first civil suit against JPEX, more suits expected
The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue.
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Pixelverse sends tokens to NFT holders, ApeCoin holders mull hotel proposal: Nifty Newsletter
An ApeCoin DAO member proposed the renovation of an existing hotel in Bangkok, Thailand, with Bored Ape Yacht Club NFT collection as its theme.

Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteWithout breaking out the fanfare prematurely, it has been a red-letter week for crypto news. Some of the biggest markets in the world are welcoming new laws and decisions that promise to upgrade global approaches to…

JPMorgan Chase Analysts: Bitcoin Price Could Sink Even Further, Crypto Values Unproven
Analysts at JPMorgan Chase have predicted that Bitcoin (BTC) could fall below $1,260, while banks will not benefit from blockchain for at least three to five years, Reuters reported on Jan. 24.According to Reuters, analysts from the major global investment bank think that the true value of cryptos is still unproven, and that they only…

What is the worst nightmare that could happen to crypto? Experts answer
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Bitcoin Payments Priority for Norwegian Air, Says Senior Executive
Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange.According to local finance newspaper Dagens Næringsliv, the Kjos family intend to launch trading on their nascent NBX exchange in August. Swiftly expanding into neighboring countries, the publication said the Kjoses,…

Nifty News: Azuki founder under fire, CryptoPunk sells for a major loss…
The founder of the $723.5 million Azuki NFT project who goes by “Zagabond” online caused a sh*tstorm yesterday after revealing that they had previously worked on three noabandoned NFT projects. After facing strong backlash from the NFT community, they have since apologized for their “shortcomings.” The three projects in question are Tendies and CryptoPunks copycats…

How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action
The price action of Optimism (OP) and Fantom (FTM) tokens have been quite identical since the last quarter of 2022. The difference is, volatility is slightly higher for OP, which surged 240% year-to-date, compared to the 180% gains seen in FTM.The Fantom Foundation has made several improvements since Q4 2022, which have catalyzed an uptrend…

Abu Dhabi grants virtual asset firm M2 permission to offer crypto services
M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets. 85 Total views 1 Total shares The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading…