OFAM NFTs: How to Support Art and Participate in a DAO
The Odesa Fine Arts Museum (OFAM) has teamed up with ArtWhale to launch NFT passes for art enthusiasts and Web3 supporters who want to support Ukraine’s iconic cultural institution.
Gemini Foundation Launches Non-US Derivatives Platform
Gemini Foundation has launched a non-US derivatives platform for global traders, in a move that follows the recent launch of Coinbase International Exchange. This new platform is now live and available for trading to customers in multiple jurisdictions, including Singapore, Hong Kong, India, Israel, Jersey, New Zealand, and more.
Coinbase Launches International Exchange
Coinbase, one of the largest cryptocurrency exchanges in the world, has launched an international exchange for institutional traders outside the US. The platform will allow users to trade perpetual futures, which accounted for almost 75% of global crypto trading volume in 2022.
The Bitcoin mempool is overwhelmed
Over 225,000 unconfirmed transactions are currently in the Bitcoin memory pool (mempool), indicating a growing demand for the network, according to data from mempool.space on May 2. The mempool’s size has surpassed 580 MB, nearly double its 300 MB limit, reaching levels last seen in 2017.
Musk’s Tweet Boosts Cult DAO Token, Price Doubles
Elon Musk’s latest tweet has once again caused a stir in the cryptocurrency market. This time, the Cult DAO (CULT) token reaped the benefits, with its price doubling after Musk’s mention.
Crypto Laundering Network Shut Down by FBI and Ukrainian Police
National Police in cooperation with the FBI shut down a network of services for exchanging cryptocurrencies obtained through crime.
Coinbase vs. SEC Battle is Looking to Get Heated
Coinbase isn’t planning to follow in the footsteps of Kraken who settled a case with the SEC after its stake program was accused of being a security.
Microstrategy Stands Firm with its Bitcoin Holdings
In their recent report, Microstrategy revealed that it has maintained a steadfast position on its Bitcoin holdings, retaining 140,000 BTC on its balance sheet throughout Q1 2023. This unwavering commitment showcases the company’s confidence in the long-term potential of the cryptocurrency.
Another Crypto Scam Fades to Black
And more people have lost their money in yet another crypto scam dubbed Harvest Keeper.
FOMO and Peer Pressure: Crypto’s Investment Recipe
The United States Financial Industry Regulatory Authority (FINRA) Investor Education Foundation recently conducted a study that unveiled social factors and the fear of missing out (FOMO) as the driving forces behind first-time cryptocurrency investments.
Gemini to Exit the US Market
Due to increasing pressure from American regulators, many cryptocurrency exchanges are leaving the US markets. Is Gemini the next one to follow suit?
Put on Your Red Shoes and Dance the Blues: “Let’s Dance” Goes NFT
Non-fungible tokens (NFTs) keep rocking the art scene. This time, the legendary late musician David Bowie who created “Space Oddity” is in the focus.
EU Advances Bill to Regulate AI
As controversies surrounding the use of copyrighted material by artificial intelligence (AI) tools continue to gain attention, the European Union (EU) has responded by advancing a draft bill to regulate the technology and its developers.
Hong Kong Encourages Banks to Support Crypto Firms Pre-License
In a recent circular, the Hong Kong Monetary Authority (HKMA) urged authorized institutions to adopt a risk-based approach to Anti-Money Laundering efforts and take a forward-looking approach to new sectors, including the crypto market.
Former MIT Blockchain Cheerleader Changes Tune
Gary Gensler, who once enthusiastically taught blockchain and cryptocurrency courses at MIT, now serves as the Chairman of the SEC and has made a notable about-face regarding his stance on the crypto industry. Gensler now claims that many crypto platforms are operating in violation of securities laws, raising eyebrows among industry insiders.
Coinbase Execs Laugh Off SEC’s Wells Notice
Coinbase founder Brian Armstrong and Chief Legal Officer Paul Grewal addressed the SEC’s Wells notice with a sincere tone on YouTube and at Consensus 2023. Paul stated that their commitment to regulatory compliance has never wavered, empha
Jeremy Cowart to Create 10,000 NFTs in 20 Minutes
“I’m not anti-AI but we can’t lose sight of human processes that have been built over years,” says Jeremy Cowart, an American artist and photographer who aims to revolutionize the Web3 space with his Auras project.
MoonPay partners with filmmaker Julie Pacino for NFT-based movie
Filmmaker and artist Julie Pacino is collaborating with MoonPay, a Web3 infrastructure company, to produce an NFT-based movie titled “I Live Here Now”.
Donate crypto and help children in Ukraine!
Ukraine is one of the global leaders in cryptocurrency adoption and blockchain implementation. WhiteBIT, Whitepay, and the charitable organization “Ronald McDonald House Charities in Ukraine” have joined forces to help the younger generation.
The ISO DTI Standard Now Included in the FIX Protocol
The Financial Information eXchange (FIX) protocol has now integrated the ISO Digital Token Identifier (DTI) standard. It is imperative to acknowledge that ISO, standing for International Organization for Standardization, should not be conflated with ICO (Initial Coin Offering).
Who Are Crypto Influencers and What’s Their Impact?
Novice investors and traders who are entering the world of digital assets for the first time are actively searching for information about this new industry. They educate themselves by reading books, watching videos, and subscribing to channels run by renowned experts in the cryptocurrency industry.
Coinbase to SEC: “Can We Get a Straight Answer?!”
Coinbase has decided to sue the SEC, seeking much-needed clarity on digital asset rules. It’s like navigating through a maze of bureaucracy, hoping to find answers.
California Proposes Legal Framework for DAOs
California is poised to embrace the future of Decentralized Autonomous Organizations (DAOs) by introducing a new Assembly Bill, all while maintaining a cheeky grin.
AirBit Club Co-Founders and Promoters Plead Guilty to Fraud
Six employees of a company that turned out to be a global multi-million dollar cryptocurrency pyramid scheme have pleaded guilty, according to the Southern District of New York prosecutor’s office.
The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages
This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.
Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.
