On Tuesday, the Brazilian Senate plenary passed a bill that would regulate crypto transactions in the country, by introducing “virtual service providers.” Introduced by Senator Flavio Arns, the bill now moves forward to the Brazilian […]
In a bid to prevent, what it calls “apocalyptic gas wars” while also encouraging a broad distribution, the Yuga Labs’ Otherside metaverse project will not conduct the Dutch auction for the NFTs. Otherside said, “NFT […]
The millennial-focused exchange Robinhood has experienced a sharp decline in trading activities for Q1 2022, according to the company’s latest financial report. The broader crypto market remaining bearish and the recent global equity selloffs have […]
SkyBridge Capital founder Anthony Scaramucci believes that bitcoin has reached “escape velocity” and that the number of holders could reach a billion within the next three to four years. Scaramucci made the comments after the […]
In a previous article, I discussed the evolution of Web3 economies and current volatility, focusing on the participatory nature of Web3, which is the foundational technology enabling the creator economy. The term “metaverse” — meta […]
In brief Yuga Labs, the creators of the Bored Ape Yacht Club, will sell NFTs for its Otherside metaverse game on Saturday. The “Otherdeed” NFTs are believed to be virtual land deeds for the game […]
A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial wallet services in the region to register within a sharp deadline. Starting […]
The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or companies […]
Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs explained that the deal is […]
On Thursday, Binance announced it closed several accounts associated with relatives of senior Russian officials. These individuals include Polina Kovaleva, the stepdaughter of Foreign Minister Sergei Lavrov, as well as the daughter of President Vladimir […]
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