SEC wins case against YouTuber Ian Balina for unregistered crypto ICO promo

It's no secret that cryptocurrencies don't receive many plaudits in the mainstream media as reliable means of payment. Critics have even claimed that Bitcoin "sucks" as a payment mechanism.Yet, despite that blinkered skepticism, cryptocurrency payments actually grew last year. Payment processor BitPay reported a "record" $1 billion in transaction revenue in 2018, with its business-to-business (B2B)…

Paris’ pet is forever immortalized as an NFT. 727 Total views 7 Total shares Media personality and businesswoman Paris Hilton announced that she successfully auctioned a digital painting of her cat, Munchkin, for 40 ETH — worth almost $17,000. The sale was held through an Ethereum-based auction platform called Cryptograph.According to a tweet published by…

MakerDAO (MKR) has denied accusations that the Maker Foundation placed the winning bids in all of its recent debt auctions.In a statement shared with Cointelegraph, the Maker Foundation states that it “is not purchasing MKR in the auctions.”Maker Foundation provides “limited technical assistance to some bidders”“Similar to how the Foundation created the Auction UI,” the…

The minting of OFAC-compliant Ethereum blocks on a daily basis has grown to 73%, adding to the community's growing censorship concerns. 636 Total views 9 Total shares Considering that protocol-level censorship is deterrent to the crypto ecosystem's goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with…

BTC price performance fails to convince commentators that Bitcoin is out of the woods.

Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030. In a bid to diversify its economy away from a dependence on oil, the kingdom has embraced emerging technologies, such as blockchain and artificial intelligence (AI), and tapped into booming markets like gaming.But while the country has yet to leave a

A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months.

Bitcoin bulls seem unable to effect significant change on a sideways market — traders hope that macro data will upend the status quo for BTC price action.

In this week’s newsletter, read about how trademark applications for nonfungible tokens (NFTs) and the metaverse have grown in the United States. Check out how NFT marketplace OpenSea has launched a tool that can enforce NFT royalties on-chain and how the Chinese city of Wuhan backpedaled on its NFT plans while still pursuing the growth…