Federal regulators are reportedly investigating the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection for potential violations of federal laws during the sale of digital assets. Citing an unnamed source familiar with the matter, Bloomberg reports that the U.S. Securities and Exchange Commission (SEC) is investigating Yuga Labs to determine if …
Monthly archives: October 2022
S&P Global Executive Predicts Turning Point for Crypto, Says Tokenization of Everything Coming to Financial Markets
A top executive at market intelligence giant S&P Global says that the mass tokenization of traditional assets is fast approaching, thanks to crypto technology. In a new interview on Scott Melker’s YouTube channel, Chuck Mounts, the firm’s chief DeFi officer, says that he believes all assets will eventually be tokenized in the long run. Mounts …
ARK Invest’s Cathie Wood Pens Open Letter Claiming Fed Is Making Policy Error in Hiking Interest Rates
Veteran hedge fund manager and ARK invest founder Cathie Wood is calling out the US Federal Reserve in a new open letter. In a post on ARK’s website, Wood says the Fed seems to be basing its decisions based on two variables: employment and headline inflation. The ARK founder views both as lagging indicators, and questions …
The SEC was right to whack Kim Kardashian for shilling Ethereum Max
Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight. The charges incited a public debate — is the requirement to disclose the amount paid to promote an investment opportunity important? What’s …
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nxyz raises $40M to enable faster blockchain indexing
The Web3 platform will focus on expanding its team globally and onboarding several more blockchains in the upcoming months. nxyz, a Web3 platform enabling data infrastructure for blockchains, secured $40 million in Series A funding led by venture firm Paradigm with additional participation from Coinbase Ventures, Greylock Partners and Sequoia Capital. Angel investors also participated, …
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Coinsquare becomes first Canadian crypto exchange to receive IIROC registration
All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications. Coinsquare, Canada’s longest-operating crypto asset trading platform, announced on Oct. 12 that the Investment Industry Regulatory Organization of Canada (IIROC) had approved its dealer registration and IIROC membership. This regulatory status will now …
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Damien Hirst burns $10M in art: Nifty Newsletter, Oct 5–11
Racing league Formula One is positioning its brand in Web3 as it files trademark applications for “F1” covering crypto and NFTs. In this week’s newsletter, read about how the racing brand Formula One is planning to position itself in Web3 and how nonfungible tokens (NFTs) will transform betting on upcoming athletes. Check out how GameFi …
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U.S Treasury Hit With Second Lawsuit For Tornado Cash Sanctions
Crypto non-profit group Coin Center is suing the U.S Treasury Department for sanctioning Tornado Cash. The lawsuit alleges that the Treasury overstepped its authority. Coin Center is seeking the delisting of Tornado Cash from sanctions in the interest of user privacy. This is the second lawsuit against the Treasury over the ban on Tornado cash. …
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Amp Price Prediction for Today, October 12: AMP/USD Ready to Break Above $0.0060 Level
The Amp price prediction may continue to show a bullish movement if the market rises above the $0.0060 resistance level. Amp Prediction Statistics Data: Amp price now – $0.0049 Amp market cap – $208.2 million Amp circulating supply – 42.2 billion Amp total supply – 99.2 billion Amp Coinmarketcap ranking – #127 AMP/USD Market Key …
Tamadoge Price Prediction for 12th of October: TAMA Bulls Are Holding Their Ground
The selling pressure began to increase at the 20th hour of yesterday’s trading session. And the buyers were quick to defend their ground as they held up strongly to resist bearish advances. This inevitably led to the market price consolidation that lasted all through the night until around 6 am this morning. The buyers take …
Hedera Hashgraph Price Prediction for 12th of October: HBAR/USD is Rising
Hedera Hashgraph found its support at $0.0559 on the 2nd and 3rd of October for an upward performance of the market. But, by the 5th and the 6th of October, the market was faced with price gridlock between the buyers and the sellers. However, the buyers prove stronger as the bearish resistance could not stop …
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Terra Classic Price Prediction for 12th of October: LUNC/USD Settles at Around $0.0003000
The Terra Classic market witnessed strong bullish market movement between late August and early September. The bullishness increased even more in early September until it peaked at the $0.0005434 resistance level when the price stopped rising and was followed by very strong bearish momentum. From then on, each day witnessed a strong bearish market move. …
Fake NFT Airdrops Attempting To Compromise Solana (SOL) Wallets and Siphon Crypto Assets: Report
Phony non-fungible token (NFT) airdrops are reportedly targeting Solana (SOL) wallets with malware to steal passwords and digital assets. According to a new report by BleepingComputer, attacks began two weeks ago and pose as needed Phantom security upgrades titled “PHANTOMUPDATE.COM” or “UPDATEPHANTOM.COM.” “When opening the NFTs, wallet owners are told that a new security update has been …
NuriFlex Successfully Completed First Round of NuriTopia (NBLU) Token Private Sales
October 12, 2022 – Vancouver, British Columbia NuriFlex Holdings Inc. announced that it has successfully completed its first round of NBLU token private sales. NBLU token is intended to be a native token in NuriTopia, which is a metaverse platform for global users’ social interactions. As NuriFlex successfully launched NuriTopia community channels (Telegram – NuriTopia and NuriTopia …
Dominica Selects TRON As Its National Blockchain To Issue the Country’s Official Coin
October 12, 2022 – Roseau, Dominica TRON, one of the leading public blockchains, partners with the Commonwealth of Dominica to develop and issue the Dominica Coin (DMC). The partnership represents a defining step forward by the Eastern Caribbean nation, who passed the Virtual Asset Business Act in Parliament earlier this year. Dr. Roosevelt Skerrit, prime …