South Korea labels mass-produced NFTs as virtual assets

Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated. Own this piece of history Collect this article as an NFTThe ongoing crisis and uncertainty around the global banking system could push the cryptocurrency market into a more gray area in terms of regulation, Circle…

The board of directors of Ledger Holdings, Inc., parent company to LedgerX, announced that co-founders Paul and Juthica Chou have been placed on administrative leave, effective immediately.In a Dec. 9 press release, the Bitcoin (BTC) derivatives exchange LedgerX explained that the two executives will be replaced by Larry E. Thompson as interim chief executive officer…

Malta has warned citizens about an unlicensed cryptocurrency exchange serving its domestic market. Regulators ordered the platform to stop operating in a notice Dec. 5.The offending platform, OriginalCrypto, had first come to the attention of Italian officials concerned it may not have the required license to offer authorized “investment services and activities.”The platform’s owner, SolutionsCM…

Blockchain is misunderstood and focus should shift to bitcoin (BTC), the CEO of crypto microinvestment startup Amber wrote in an article for SmartCompany on June 25.In the article, Aleksandar Svetski argued that many corporations are embracing blockchain to look “hip,” even though the technology doesn’t deliver on the supposed promise of eliminating middlemen while providing security and immutability.He dismissed…

Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells. 447 Total views 25 Total shares Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even…

The AI chip developing company Tenstorrent just closed a funding round worth $100 million, which was led by manufacturing giants Samsung and Hyundai. 270 Total views 1 Total shares The artificial intelligence (AI) chip developer Tenstorrent announced the closing of a $100-million funding round on Aug. 3, which was led by major manufacturing companies Samsung and…

Blockchain will streamline trade from Europe’s grain belt. 822 Total views 18 Total shares Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA.The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine.…

KuCoin has launched credit card support for 17 new fiat currencies, with the exchange expanding its services to Latin American and Eastern European customers. 434 Total views 18 Total shares Seychelles-based crypto asset exchange KuCoin has significantly expanded its fiat on-ramps, introducing support for 17 national currencies on June 12.KuCoin now supports credit card purchases…

This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching up as well and posting double-digit weekly returns. However, not all relief rallies were equally impressive. Is…