OpenSea users claim NFTs are securities in proposed class suit
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities.
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Cryptocurrency exchange Coinbase CEO Brian Armstrong predicts the number of people in the cryptocurrency ecosystem to grow from the current 40 million to 1 billion in the next five years, TechCrunch reported September 7.In an interview with TechCrunch, Armstrong projected that the crypto ecosystem and the total number of digital currencies will grow substantially, attributing…
Google Searches for ‘Bitcoin’ Starting to Catch Up With $10K Euphoria
Data from Google Trends’ search analytics resource indicates that internet googling of ‘bitcoin’ (BTC) is approaching a monthly high as of today, June 24.According to the data, searches for bitcoin are continuing their ascent in the week after the unveiling of Facebook’s new cryptocurrency and blockchain-powered financial infrastructure project, Libra, even as searches for Libra…
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said. 501 Total views 6 Total shares Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1…
Walmart Joins Hyperledger to Expand Role in Open-Source Community
Speaking at the Hyperledger Global Forum 2020 in Phoenix, Arizona on March 3, Walmart’s director of software engineering for blockchain platforms, Archana Sristy, briefly discussed why the company joined Hyperledger. During a panel entitled “Blockchain in Action: The Latest in Production Deployments,” Sristy said:“One of the reasons we are now a member of Hyperledger is…
3 Reasons Bitcoin Is Turning Into a Global Safe Haven for Investors
China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for storing and transferring value — alongside traditional safe haven assets.Every fiat…
Digital Chamber calls for Congress to address SEC actions against NFTs
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.
Indie Game Delisted From Steam Marketplace for Alleged Cryptojacking and Scams
Valve Corporation has removed a game from its video game marketplace Steam that allegedly hijacked users’ computers to mine cryptocurrency, Motherboard reported July 30. The Steam game store has delisted Abstractism, an indie game accused of deceptive practices and cryptojacking, and has banned its developer from the platform. Steam took action following complaints from a…