SEC sues Consensys over MetaMask’s brokerage, staking services
The U.S. SEC claims Consensys has been operating as an unregistered broker through MetaMask.
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BMW Korea trials a blockchain-powered rewards program ahead of global launch
The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide. 1379 Total views 22 Total shares Customers of the world-famous car manufacturer will soon be able to claim blockchain tokens as rewards as part of a new membership scheme, called BMW Vantage.The Korea Times reported…

Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said. The future is bright for euro-denominated stablecoins, according to Patrick Hansen, European Union strategy and policy director at Circle. The United States dollar may preserve its “first mover” advantage, but euro stablecoin will see increasing real…

Amendment to UK financial services bill provides regulation for crypto activities
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes. 122 Total views 2 Total shares An amendment to the Financial Services and Markets Bill now before the United Kingdom's Parliament would extend the law’s powers to regulate…

$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn ‘Greedy’
Bitcoin price is consolidating into a tighter range as traders prepare for a third attempt on the $12K level. After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin (BTC) price appears to be gearing up for a third run on the $12K mark. This comes after a week of bullish news which included…

Tron Still Hasn’t Fully Paid for BitTorrent a Year On, Creator Claims
BitTorrent creator Bram Cohen has added to controversy swirling around Tron CEO Justin Sun by claiming he did not fully pay him for the streaming platform.Bram Cohen says last payment for BitTorrent still in escrowIn a series of tweets July 25, Cohen said that the proceeds from the sale of BitTorrent, which Sun purchased last…

The Sandbox raises $20M at $1B valuation, promises to expand creator economy
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022-23, Sandbox announced that it has added over 330,000 unique creators.

Bitwise to Launch Another Crypto Exchange-Traded Product
Crypto asset manager Bitwise has partnered with Swiss fintech startup Amun AG to launch another multi-crypto-based exchange-traded product (ETP), according to a press release on June 26.Bitwise’s index calculation subsidiary, Bitwise Index Services, has licensed “The Bitwise 10 Select Large Cap Crypto Index” to Amun AG to bring a diversified crypto ETP, the announcement says.The…

Big tech is prepping an explosive pivot to robotics
The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.