The lawsuit alleges Kwon and others made fraudulent claims on UST “either well knowing that they were false and untrue, or recklessly not caring whether they were true or false.”
Do Kwon, the co-founder of Terraform Labs who may be facing legal actions in South Korea and the United States, is the target of a lawsuit in Singapore along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias.
In a lawsuit filed in Singapore’s high court on Sept. 23, 359 individuals allege Kwon, Platias, the LFG and Terra made fraudulent claims, including that Terra’s stablecoin, TerraUSD (UST) — now TerraUSD Classic (USTC) — was not “stable by design” and unable to maintain its U.S. dollar peg.
The claimants are seeking compensation for roughly $57 million worth of “loss and damage” combined based on the value of UST tokens they purchased and held or sold amid the market downturn in May. They also request an order to pay for “aggravated damages.”
#blockchain #nonfungible #gamefi #metafi #defi #terra
Do Kwon, the co-founder of Terraform Labs who may be facing legal actions in South Korea and the United States, is the target of a lawsuit in Singapore along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias.
In a lawsuit filed in Singapore’s high court on Sept. 23, 359 individuals allege Kwon, Platias, the LFG and Terra made fraudulent claims, including that Terra’s stablecoin, TerraUSD (UST) — now TerraUSD Classic (USTC) — was not “stable by design” and unable to maintain its U.S. dollar peg.
The claimants are seeking compensation for roughly $57 million worth of “loss and damage” combined based on the value of UST tokens they purchased and held or sold amid the market downturn in May. They also request an order to pay for “aggravated damages.”
#blockchain #nonfungible #gamefi #metafi #defi #terra
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DOGE price could drop 60% by the end of this year as it reaches its most overbought level since April 2021.
Elon Musk boosts Dogecoin price again
Dogecoin price jumped by nearly 75% to reach $0.146 on Oct. 29, the biggest daily gain since April 2021.
Notably, the meme-coin's massive intraday rally came as a part of a broader uptrend that started earlier this week on Oct. 25. In total, DOGE's price gained 150% during the Oct. 25-29 price rally.
The surge was also accompanied by a decent increase in its daily trading volumes. That coincided with a spike in the number of DOGE transactions exceeding $100,000, according to Santiment. Both indicators sugges a growing demand for Dogecoin tokens among rich investors, or so-called "whales."
#blockchain #nonfungible #gamefi #metafi #defi #doge
Elon Musk boosts Dogecoin price again
Dogecoin price jumped by nearly 75% to reach $0.146 on Oct. 29, the biggest daily gain since April 2021.
Notably, the meme-coin's massive intraday rally came as a part of a broader uptrend that started earlier this week on Oct. 25. In total, DOGE's price gained 150% during the Oct. 25-29 price rally.
The surge was also accompanied by a decent increase in its daily trading volumes. That coincided with a spike in the number of DOGE transactions exceeding $100,000, according to Santiment. Both indicators sugges a growing demand for Dogecoin tokens among rich investors, or so-called "whales."
#blockchain #nonfungible #gamefi #metafi #defi #doge
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The Binance CEO said the company wired $500 million to take a share of equity as Elon Musk’s Twitter takeover is finally sealed.
Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover.
Musk reportedly sealed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the new owner of the social media platform cleaned house.
Binance had indicated that it would co-invest in Twitter in May 2022, alongside 18 other investors that included the likes of cryptocurrency investment firms Sequoia Capital Fund, Fidelity Management and Research Company.
#blockchain #nonfungible #gamefi #metafi #defi #binance #twitter\
Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover.
Musk reportedly sealed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the new owner of the social media platform cleaned house.
Binance had indicated that it would co-invest in Twitter in May 2022, alongside 18 other investors that included the likes of cryptocurrency investment firms Sequoia Capital Fund, Fidelity Management and Research Company.
#blockchain #nonfungible #gamefi #metafi #defi #binance #twitter\
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Crypto exchange Coinbase has filed documentation asking permission to help Ripple Labs in its ongoing legal battle with the SEC.
United States-based crypto exchange Coinbase has become the latest organization to stand behind Ripple Labs n its legal battle against the Securities and Exchange Commission (SEC), which could wrap up as soon as the first half of 2023.
Paul Grewal, Coinbase’s chief legal officer in a series of tweets on Oct. 31 said the exchange had asked the presiding judge for permission to file an amicus brief, saying the case was a “textbook” definition of “just how critical fair notice is.”
An amicus brief, known as a “friend of the court,” is a legal document containing advice or information relating to a court case from an organization or individual that is not directly involved in the case.
#blockchain #nonfungible #gamefi #metafi #defi #ripple
United States-based crypto exchange Coinbase has become the latest organization to stand behind Ripple Labs n its legal battle against the Securities and Exchange Commission (SEC), which could wrap up as soon as the first half of 2023.
Paul Grewal, Coinbase’s chief legal officer in a series of tweets on Oct. 31 said the exchange had asked the presiding judge for permission to file an amicus brief, saying the case was a “textbook” definition of “just how critical fair notice is.”
An amicus brief, known as a “friend of the court,” is a legal document containing advice or information relating to a court case from an organization or individual that is not directly involved in the case.
#blockchain #nonfungible #gamefi #metafi #defi #ripple
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Solidus Labs, which has been monitoring 12 leading blockchains, has detected the majority of scam-like tokens originating from Binance’s BNB Smart Chain.
The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour.
Solidus Labs said on Oct. 27 that it had been monitoring 12 blockchains including Ethereum, Polygon and BNB Chain since Oct. 10, and in that time, had detected 188,525 smart contract scams.
Former United States Consumer Financial Protection Bureau director Kathy Kraninger, who is now Solidus’ vice president of regulatory affairs, said in the statement that “while some of the big rug pulls and scams make the news, [...] the full picture stemming from our data shows the vast majority of these scams go unnoticed.”
#blockchain #nonfungible #gamefi #metafi #defi #web3
The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour.
Solidus Labs said on Oct. 27 that it had been monitoring 12 blockchains including Ethereum, Polygon and BNB Chain since Oct. 10, and in that time, had detected 188,525 smart contract scams.
Former United States Consumer Financial Protection Bureau director Kathy Kraninger, who is now Solidus’ vice president of regulatory affairs, said in the statement that “while some of the big rug pulls and scams make the news, [...] the full picture stemming from our data shows the vast majority of these scams go unnoticed.”
#blockchain #nonfungible #gamefi #metafi #defi #web3
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The emirate’s free trade zone has its own legal system and courts. Now its crypto regulations have been augmented and extended to all tokens recognized in the zone.
The Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the Dubai International Financial Centre (DIFC) special economic zone, with a six-month transition period. The new regime is the DFSA’s second round of regulations, building on the “Regulation of Investment Tokens” introduced at the DIFC in October 2021.
Crypto tokens are understood to be any token besides the previously defined investment tokens, with the exception of utility tokens, nonfungible tokens, central bank digital currencies, privacy tokens and algorithmic tokens. Tokens must be recognized by the DFSA to be used in the DIFC, following an established application process. Stablecoins, or “fiat crypto tokens,” are subject to additional requirements.
#blockchain #nonfungible #gamefi #metafi #defi #dubai
The Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the Dubai International Financial Centre (DIFC) special economic zone, with a six-month transition period. The new regime is the DFSA’s second round of regulations, building on the “Regulation of Investment Tokens” introduced at the DIFC in October 2021.
Crypto tokens are understood to be any token besides the previously defined investment tokens, with the exception of utility tokens, nonfungible tokens, central bank digital currencies, privacy tokens and algorithmic tokens. Tokens must be recognized by the DFSA to be used in the DIFC, following an established application process. Stablecoins, or “fiat crypto tokens,” are subject to additional requirements.
#blockchain #nonfungible #gamefi #metafi #defi #dubai
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You have our swords: 12 independent entities pledge legal support for Ripple
The evidence is mounting as “friends of the court” line up in support of Ripple Labs.
Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).
On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has reached 12.
The pile of amicus briefs being filed is mounting up according to Ripple Labs general counsel Stuart Alderoty.
An amicus brief is a legal document filed in appeals cases to aid the court by providing extra relevant information or arguments. These briefs are filed by amicus curiae, a Latin phrase that translates to “friend of the court.”
“It’s unprecedented (I’m told) to have this happen at this stage,” Garlinghouse exclaimed.
#blockchain #nonfungible #gamefi #metafi #defi #ripple
The evidence is mounting as “friends of the court” line up in support of Ripple Labs.
Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).
On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has reached 12.
The pile of amicus briefs being filed is mounting up according to Ripple Labs general counsel Stuart Alderoty.
An amicus brief is a legal document filed in appeals cases to aid the court by providing extra relevant information or arguments. These briefs are filed by amicus curiae, a Latin phrase that translates to “friend of the court.”
“It’s unprecedented (I’m told) to have this happen at this stage,” Garlinghouse exclaimed.
#blockchain #nonfungible #gamefi #metafi #defi #ripple
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Canada’s government stated its concerns about the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation.
The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins and central bank digital currencies (CBDCs) as revealed in its new mini-budget.
The government’s “2022 Fall Economic Statement,” released on Nov. 3 by Deputy Prime Minister Chrystia Freeland, works as a fiscal update in conjunction with its main yearly budget.
The statement included a small section on “Addressing the Digitalization of Money” that outlined the government’s crypto plans.
It said the rise in cryptocurrencies and money digitalization is “transforming financial systems in Canada and around the world” and the country’s financial system regulation “needs to keep pace.”
#blockchain #nonfungible #gamefi #metafi #defi #cbdc
The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins and central bank digital currencies (CBDCs) as revealed in its new mini-budget.
The government’s “2022 Fall Economic Statement,” released on Nov. 3 by Deputy Prime Minister Chrystia Freeland, works as a fiscal update in conjunction with its main yearly budget.
The statement included a small section on “Addressing the Digitalization of Money” that outlined the government’s crypto plans.
It said the rise in cryptocurrencies and money digitalization is “transforming financial systems in Canada and around the world” and the country’s financial system regulation “needs to keep pace.”
#blockchain #nonfungible #gamefi #metafi #defi #cbdc
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Too many projects are releasing over-hyped trailers that they can’t match with gameplay.
The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same period.
It’s a quieter and perhaps less scandalous branch compared to the more newsworthy centralized finance (CeFi) and decentralized finance (DeFi) spaces, but this hasn’t impacted its force nor its promise. Even in the depth of a bear market, crypto gaming has proven to be the most resilient compared to other market sectors.
However, there is a problem with the GameFi industry: The difference in quality between teaser trailers and delivered products is often stark enough to get under the skin of the eager gamers who put their faith in them. As that becomes the case with more and more titles, the entire industry suffers.
#blockchain #nonfungible #gamefi #metafi #defi
The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same period.
It’s a quieter and perhaps less scandalous branch compared to the more newsworthy centralized finance (CeFi) and decentralized finance (DeFi) spaces, but this hasn’t impacted its force nor its promise. Even in the depth of a bear market, crypto gaming has proven to be the most resilient compared to other market sectors.
However, there is a problem with the GameFi industry: The difference in quality between teaser trailers and delivered products is often stark enough to get under the skin of the eager gamers who put their faith in them. As that becomes the case with more and more titles, the entire industry suffers.
#blockchain #nonfungible #gamefi #metafi #defi
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Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position.
The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token, the native token of competing exchange FTX.
In a Nov. 6 tweet, Zhao said the decision was made after “recent revelations that have came to light.”
In a later tweet, CZ explained the FTT liquidation was “just post-exit risk management” referring to lessons learned from the fall of Terra Luna Classic (LUNC) and how it impacted market players.
He also added “we won't support people who lobby against other industry players behind their backs.”
#blockchain #nonfungible #gamefi #metafi #defi #binance #ftx
The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token, the native token of competing exchange FTX.
In a Nov. 6 tweet, Zhao said the decision was made after “recent revelations that have came to light.”
In a later tweet, CZ explained the FTT liquidation was “just post-exit risk management” referring to lessons learned from the fall of Terra Luna Classic (LUNC) and how it impacted market players.
He also added “we won't support people who lobby against other industry players behind their backs.”
#blockchain #nonfungible #gamefi #metafi #defi #binance #ftx
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Finding a sustainable GameFi model is still challenging, as user experience ranks at the top of industry concerns.
GameFi's constantly evolving model could make “today's AAA game companies look like peanuts,” said Jack O’Holleran, CEO of Skale, a multichain Ethereum-native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto industry, with $1.3 billion raised in the last quarter, as reported by DappRadar.
#blockchain #nonfungible #gamefi #metafi #defi
GameFi's constantly evolving model could make “today's AAA game companies look like peanuts,” said Jack O’Holleran, CEO of Skale, a multichain Ethereum-native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto industry, with $1.3 billion raised in the last quarter, as reported by DappRadar.
#blockchain #nonfungible #gamefi #metafi #defi
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The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.
Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.
In a Nov. 8 Twitter post, Zhao pledged to implement a Proof-of-Reserve mechanism at Binance to provide “full transparency” through the use of Merkle Trees — a data structure used to encode blockchain data more efficiently and securely.
A Proof-of-Reserve audit is ordinarily conducted by an independent third party to ensure the custodian’s assets are owned as claimed.
#blockchain #nonfungible #gamefi #metafi #defi #binance #ftx
Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.
In a Nov. 8 Twitter post, Zhao pledged to implement a Proof-of-Reserve mechanism at Binance to provide “full transparency” through the use of Merkle Trees — a data structure used to encode blockchain data more efficiently and securely.
A Proof-of-Reserve audit is ordinarily conducted by an independent third party to ensure the custodian’s assets are owned as claimed.
#blockchain #nonfungible #gamefi #metafi #defi #binance #ftx
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Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.
The total value locked (TVL) on the Solana chain has plummeted 32.4% in the last 24 hours, as news stemming from the collapse of FTX has sent waves through the crypto ecosystem.
According to DefiLlama, at the time of writing, Solana’s TVL has fallen to $423.68 million, down 32.4% in the last 24 hours, a far cry from its all-time-high (ATH) of $10.17 billion on Nov. 9, 2021.
TVL measures the total value of all assets locked into DeFi protocols. As TVL increases that means more coins are deposited within the DeFi protocols, and can indicate bullish sentiment, while a falling TVL shows that investors are pulling their funds out of the ecosystem for one reason or another.
The fall in TVL went as far as a 51.7% decline over 24 hours, however, but slightly corrected leading up to the writing of this article.
#blockchain #nonfungible #gamefi #metafi #defi #solana
The total value locked (TVL) on the Solana chain has plummeted 32.4% in the last 24 hours, as news stemming from the collapse of FTX has sent waves through the crypto ecosystem.
According to DefiLlama, at the time of writing, Solana’s TVL has fallen to $423.68 million, down 32.4% in the last 24 hours, a far cry from its all-time-high (ATH) of $10.17 billion on Nov. 9, 2021.
TVL measures the total value of all assets locked into DeFi protocols. As TVL increases that means more coins are deposited within the DeFi protocols, and can indicate bullish sentiment, while a falling TVL shows that investors are pulling their funds out of the ecosystem for one reason or another.
The fall in TVL went as far as a 51.7% decline over 24 hours, however, but slightly corrected leading up to the writing of this article.
#blockchain #nonfungible #gamefi #metafi #defi #solana
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The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed liquidator.
The Bahamas Securities Commission (BSC) — the country's securities regulator — froze the assets of FTX Digital Markets (FDM) and "related parties" on Nov. 10 and suspended FTX's registration in the country.
In a statement the BSC said it was aware of "public statements suggesting that clients' assets were mishandled, mismanaged and/or transferred to Alameda Research."
Alameda is a trading firm founded by FTX CEO Sam Bankman-Fried, a leaked balance sheet from the firm showed it held large amounts of the FTX exchanges' native token, FTX Token , and rumors it was funding trades using FTX user funds led to a "bank-run" on FTX causing a liquidity crisis for the exchange.
#blockchain #nonfungible #gamefi #metafi #defi #FTX
The Bahamas Securities Commission (BSC) — the country's securities regulator — froze the assets of FTX Digital Markets (FDM) and "related parties" on Nov. 10 and suspended FTX's registration in the country.
In a statement the BSC said it was aware of "public statements suggesting that clients' assets were mishandled, mismanaged and/or transferred to Alameda Research."
Alameda is a trading firm founded by FTX CEO Sam Bankman-Fried, a leaked balance sheet from the firm showed it held large amounts of the FTX exchanges' native token, FTX Token , and rumors it was funding trades using FTX user funds led to a "bank-run" on FTX causing a liquidity crisis for the exchange.
#blockchain #nonfungible #gamefi #metafi #defi #FTX
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Ephemeral aspects of pop culture are becoming tradable commodities. That phenomenon will only grow in the years ahead.
Attention is the lifeblood of Dogecoin and other memecoins. Much like earnings drive the price of corporate shares, the size and quality of attention captured by memecoins drive their price action.
Successful crypto traders understand that DOGE and its kin are not just chips in the “great shitcoin casino” but are, in fact, tradable derivatives of human attention. They are tradable assets backed by zeitgeists.
Trading memecoins isn’t just about spinning the wheel but about weighing the coin’s valuation against the amount of attention it’s receiving. As crypto influencer Cobie said, “Smart traders start selling as ownership and valuation have caught up with attention.”
#blockchain #nonfungible #gamefi #metafi #defi #doge
Attention is the lifeblood of Dogecoin and other memecoins. Much like earnings drive the price of corporate shares, the size and quality of attention captured by memecoins drive their price action.
Successful crypto traders understand that DOGE and its kin are not just chips in the “great shitcoin casino” but are, in fact, tradable derivatives of human attention. They are tradable assets backed by zeitgeists.
Trading memecoins isn’t just about spinning the wheel but about weighing the coin’s valuation against the amount of attention it’s receiving. As crypto influencer Cobie said, “Smart traders start selling as ownership and valuation have caught up with attention.”
#blockchain #nonfungible #gamefi #metafi #defi #doge
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NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the metaverse.
On Nov. 11, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, to discuss the integration of interoperability in Web3 and the metaverse.
By definition, interoperability is a feature of Web3 whereby a product or system can work seamlessly across platforms with other products or services. Webb defines interoperability simply as “creating a token— a nonfungible token (NFT)” since, at its most basic level, no one can control it besides the creator.
But how does interoperability function presently in Web3, and what is its potential impact?
#blockchain #nonfungible #gamefi #metafi #defi #web3
On Nov. 11, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, to discuss the integration of interoperability in Web3 and the metaverse.
By definition, interoperability is a feature of Web3 whereby a product or system can work seamlessly across platforms with other products or services. Webb defines interoperability simply as “creating a token— a nonfungible token (NFT)” since, at its most basic level, no one can control it besides the creator.
But how does interoperability function presently in Web3, and what is its potential impact?
#blockchain #nonfungible #gamefi #metafi #defi #web3
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Bitcoin may be bruised, but big names are keeping the faith as data shows investors have seized the chance to “buy the dip” on BTC.
Bitcoin $16,605 starts a new week on shaky ground after its lowest weekly close in two years.
The largest cryptocurrency considerably weakened after last week’s implosion of exchange FTX, continues to grapple with the fallout.
In what is becoming an increasingly erratic market, investors are unsure what will happen next as more firms sound the alarm over solvency and regulators step up investigations in the crypto space.
The mood among the majority is intensely fearful, and even some of the industry’s best-known names warn that it has been set back several years as a result of last week’s events.
At the same time for Bitcoin, it is business as usual. FTX is not the first such debacle it has weathered, and under the hood, the network remains as robust as ever.
#blockchain #nonfungible #gamefi #metafi #defi #btc #FTX
Bitcoin $16,605 starts a new week on shaky ground after its lowest weekly close in two years.
The largest cryptocurrency considerably weakened after last week’s implosion of exchange FTX, continues to grapple with the fallout.
In what is becoming an increasingly erratic market, investors are unsure what will happen next as more firms sound the alarm over solvency and regulators step up investigations in the crypto space.
The mood among the majority is intensely fearful, and even some of the industry’s best-known names warn that it has been set back several years as a result of last week’s events.
At the same time for Bitcoin, it is business as usual. FTX is not the first such debacle it has weathered, and under the hood, the network remains as robust as ever.
#blockchain #nonfungible #gamefi #metafi #defi #btc #FTX
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SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023 ❇️
“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change," said the SEC.
The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could be listed on the Chicago Board Options Exchange BZX Exchange.
In a Nov. 15 announcement, the SEC issued a notice for a longer designation period for the application of ARK 21Shares’ Bitcoin $16,559
ETF, originally filed with federal regulator on May 13. The SEC twice extended its window to approve or disapprove of the crypto investment vehicle in July with an extension and in August with a comment period.
#blockchain #nonfungible #gamefi #metafi #defi #btc
“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change," said the SEC.
The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could be listed on the Chicago Board Options Exchange BZX Exchange.
In a Nov. 15 announcement, the SEC issued a notice for a longer designation period for the application of ARK 21Shares’ Bitcoin $16,559
ETF, originally filed with federal regulator on May 13. The SEC twice extended its window to approve or disapprove of the crypto investment vehicle in July with an extension and in August with a comment period.
#blockchain #nonfungible #gamefi #metafi #defi #btc
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An image of the sandals worn by Steve Jobs was minted as a nonfungible token and sold for over $200,000.
In this week’s newsletter, read about how the FTX contagion led to the sale of a collection containing high-ticket nonfungible tokens (NFTs). Check out the struggles in onboarding artists to Web3 through NFTs and find out about OpenSea’s decision to finally enforce royalties on all collections within its NFT marketplace. In other news, a tool that allows layer-2 networks to showcase NFTs on social platforms like Twitter was released. And don’t forget this week’s Nifty News featuring Nike’s Dot Swoosh NFT platform.
FTX contagion victim Deepak.eth puts NFT collection up for sale
#blockchain #nonfungible #gamefi #metafi #defi #nike
In this week’s newsletter, read about how the FTX contagion led to the sale of a collection containing high-ticket nonfungible tokens (NFTs). Check out the struggles in onboarding artists to Web3 through NFTs and find out about OpenSea’s decision to finally enforce royalties on all collections within its NFT marketplace. In other news, a tool that allows layer-2 networks to showcase NFTs on social platforms like Twitter was released. And don’t forget this week’s Nifty News featuring Nike’s Dot Swoosh NFT platform.
FTX contagion victim Deepak.eth puts NFT collection up for sale
#blockchain #nonfungible #gamefi #metafi #defi #nike
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The new browser extension lets users store, send and receive crypto across all EVM chains and Solana.
Following the collapse of FTX and the bank run on crypto exchanges in general, the self-custody Trust Wallet is gaining momentum. In one week, the company launched its long-anticipated browser extension and collaborated with Binance Pay and Coinbase Pay, whose users can now transfer their funds directly to a Trust Wallet account.
The browser extension was launched on Nov. 14 and is now available in Google Chrome and Opera. The extension lets users store, send and receive crypto across all Ethereum Virtual Machine (EVM) chains and Solana. A network auto-detect function provides users with a seamless DApp experience without the need to manually add networks.
The extension also includes multi-wallet support, NFT support, fiat on-ramp providers, and non-EVM blockchain integrations, as well as hardware wallet support.
#blockchain #nonfungible #gamefi #metafi #defi #trustwallet
Following the collapse of FTX and the bank run on crypto exchanges in general, the self-custody Trust Wallet is gaining momentum. In one week, the company launched its long-anticipated browser extension and collaborated with Binance Pay and Coinbase Pay, whose users can now transfer their funds directly to a Trust Wallet account.
The browser extension was launched on Nov. 14 and is now available in Google Chrome and Opera. The extension lets users store, send and receive crypto across all Ethereum Virtual Machine (EVM) chains and Solana. A network auto-detect function provides users with a seamless DApp experience without the need to manually add networks.
The extension also includes multi-wallet support, NFT support, fiat on-ramp providers, and non-EVM blockchain integrations, as well as hardware wallet support.
#blockchain #nonfungible #gamefi #metafi #defi #trustwallet
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