Saturday, January 28, 2023

Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse

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Individual artists are also deepening their fan bases with engaging experiments. Digital illustrator Yam Karkai and her co-founders created the World of Women NFTs (WoW), a collection that celebrates art, representation, inclusivity and...

Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art...

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Proof’s Grails III is the third iteration of its mystery NFT compilation series. In February 2022, Grails I dropped, with work from entrepreneur Gary Vaynerchuk, CryptoPunks and Meebits creator Larva Labs and generative...

NFT Collection Azuki’s Twitter Account Hacked, Leading Followers to Malicious Link

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The popular anime-inspired profile-picture (PFP) collection recently introduced The Garden as a meeting platform for holders of its NFTs. According to data from secondary marketplace OpenSea, Azuki's current floor price is 14.76 ether...

Why Real Regulatory Change In Crypto Has Not Happened

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Legislators need to educate themselves on Web3 if they care about protecting consumers, Steven Eisenhauer, chief risk and compliance officer at Ramp, writes. Source link

UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto

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Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday. Source link

Custodia Bank Denied Federal Reserve System Membership

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“Custodia offered a safe, federally-regulated, solvent alternative to the reckless speculators and grifters of crypto that penetrated the U.S. banking system with disastrous results for some banks,” Long continued. “Custodia actively sought federal...

Traditional Banks Set to Dominate Crypto Stablecoin Market as Regulatory Certainty Grows

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Algorithmic stablecoins use self-regulating mechanisms to keep their private stablecoins pegged to another currency, a system that has had a rocky history. Typically, on-chain collateral consists of cryptocurrencies like BTC or ETH, fiat-backed...

Regulatory Clarity? Financial Watchdogs Could Not Be More Clear

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What is meant by regulatory clarity? The U.S. Congress has the power to draft and pass laws that direct government agencies such as the SEC and DOJ to issue rules, supervise entities and...

UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement

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Some of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said. Source link

Layer 2 Tokens Take Lead

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The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks....

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