Rare Ape CryptoPunk sells for $1.5M, Magic Eden dominates NFT trading volume: Nifty Newsletter
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.
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State of play: Decentralized domain services reflect on industry progress
The rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with millions of blockchain-based domains registered to date. Challenging market conditions may have hampered exponential growth, but industry leaders believe that utility-driven adoption will continue in the future.Web3 is fundamentally changing how businesses, brands and retailers…
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Binance is reportedly under investigation from IRS and Justice Department
The price of Bitcoin and Ether both fell between 3% and 5% as the report spread across social media. 7414 Total views 32 Total shares Major cryptocurrency exchange Binance is reportedly under investigation by both the United States Department of Justice and Internal Revenue Service in an apparent effort to stymie illegal trading activity from…
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China accounts for 84% of all blockchain patent applications, but there’s a catch
China’s push for blockchain technology gained steam after 2019 when President Xi Jinping called for corporations from tech giants to become industry leaders in the nascent tech. 204 Total views 15 Total shares China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official.China has…
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Tokenizing music catalogs: The next frontier for Web3 and the music industry
At the Proof of Talk 2024 conference in Paris, Serio Mottola, the CEO of Music Protocol, advocated for integrating blockchain technology into the already established billion-dollar music industry.
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Survey says crypto popular holiday gift for Americans — NFTs not so much
Bitcoin, Dogecoin and Ether lead the list as the most popular cryptocurrencies Americans plan to gift during the holiday season. 1333 Total views 17 Total shares Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending…
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Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds
Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials for millions. 90 Total views 3 Total shares Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and former CEO of
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Finance Redefined: The shadow DeFi conference in Miami! June 2-9
Last week, I made the mistake of being just about the only DeFi denizen who actually went to the Bitcoin 2021 event in Miami. While I managed to catch up with a handful of builders and big brains in the convention center, my time would have been better spent tracking down degens at the various satellite…
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DeFi, Web3, CBDC still unknown for most: Survey
A new survey finds that crypto adoption and DeFi usage among Americans is deceptively low despite the echo chamber of the industry-leading people to believe otherwise. 341 Total views 56 Total shares A new survey by polling agency Morning Consult found that fewer than one third of ordinary Americans have heard of DeFi compared with…