In compliance with U.S. sanctions law, OpenSea – the world’s largest NFT marketplace – is delisting Cuban artist and collector accounts from its platform. A recent statement from the company confirms previously held suspicions that its platform discriminates against Cuban users. Compliance With Sanctions In an email received by Artnet News, an OpenSea spokesperson clarified...Read More
Crypto exchange Bullish has called off the planned merger worth $9 billion with Far Peak Acquisition Corp. According to an official statement, the two entities have mutually agreed to terminate their proposed business combination. Far Peak is led by Thomas Farley, a former president of the New York Stock Exchange. Terminated Merger Bullish is audited...Read More
Sam Bankman-Fried’s bankrupt cryptocurrency exchange FTX is seeking help from a United States Bankruptcy Court to gain control of $450 million worth of Robinhood shares. The portfolio holds 56 million brokerage shares owned by Emergent Fidelity Technologies, a corporate entity incorporated in Antigua and Barbuda. In March, these shares represented a 7.6% stake in Robinhood...Read More
Cryptocurrency exchange OKX released its second Proof of Reserves (PoR) on its website on December 22nd. The new report would enable users to view and self-verify the results of two PoRs with the help of open-source tools, the company said in an official statement. OKX also promised to publish the PoR report every month. OKX’s Proof-of-Reserves...Read More
Peter Brandt, a seasoned trader, and analyst tweeted holiday greetings to his 690,400 followers on Thursday. It was, however, in the form of a coded message relating to Bitcoin. Brandt posted a Bitcoin price graph that included a holiday tree and a Merry Christmas message. As you can see, the base of the tree is...Read More
Dogecoin (DOGE) Dogecoin price remained largely bearish throughout the year 2022 and spike high suddenly after it received huge buying volume in the first few days of November. The price which maintained a stagnant trend for more than 4 months, spiked by more than 150% in just a couple of days. Undoubtedly, the price has...Read More
The US Securities and Exchange Commission announced that Dan Berkovitz will step down from his General Counsel position as of the end of January 2023. The current SEC Principal Deputy General Counsel – Megan Barbero – will replace Berkovitz upon his departure. SEC Chair Gary Gensler said he was “grateful” for Berkovitz’s “exceptional public service...Read More
[PRESS RELEASE – Buenos Aires, Argentina, 22nd December 2022] The strategic partnership will allow AFA to engage fans with a better understanding of how the metaverse works, how to contribute and benefit, while also expanding fan engagement and connecting fans to the teams and players they admire. The partnership represents the first Argentinian football presence...Read More
Binance Labs – the investment arm of crypto exchange Binance – reportedly made a historical return on investment, reaching as high as 2,100%. As a result, the total assets under management have hit $7.5 billion, according to the latest blog post. The platform also assured users its “financial status is very healthy” and added that...Read More
The SEC is stepping up its scrutiny of crypto auditors as it continues to wage war against the digital asset industry. In the latest in a recent torrent of anti-crypto articles, the Wall Street Journal has reported that there will be more dissection of the work that audit firms are doing for crypto companies. According...Read More
Twitter introduced a new cryptocurrency feature on its platform that allows users to check the current price of bitcoin (BTC) and ether (ETH). The graphics display the logo of the market tracking site Trading View and a link directing to Robinhood. It remains unknown whether those two were somehow involved with the new feature. Twitter’s...Read More
