SEC might label NFTs as Securities: Opensea Insider Trading Impact
SEC might label NFTs as securities, a Former SEC lawyer has said. After the first-ever NFT insider trading case saw the former employee of Opensea being charged on two counts,…
Checkout.com launches 24/7 stablecoin settlement in partnership with Fireblocks
Merchants can now accept payments made through USDC and convert the funds directly into fiat currency. Global payment processor Checkout.com has launched a new stablecoin settlement system that will allow…
‘Bitcoin-thematic’ ETF lists on Italian stock exchange Borsa Italiana
A Bitcoin-thematic ETF lists on the Borsa Italiana providing savers, institutions and pensions planners with exposure to Bitcoin. The Italian Stock Exchange, Borsa Italiana, this morning listed a “Bitcoin (BTC)-thematic”…
Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are…
Iota Foundation joins Dell to develop real-time carbon footprint tracking
The Iota Foundation joined Dell alongside ClimateCHECK and BioE to fight climate change using real-time carbon footprint data. Iota Foundation, a nonprofit distributed ledger technology ecosystem provider, has partnered with…
XRP might Skyrocket if Landmark Lummis Bill Passes
Senators Cynthia Lummis and Kirsten Gillibrand have been hyping one of the most widely awaited cryptocurrency legislation for months, and it may finally see the light of day. Lummis and…
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the…
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process…
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid…
LUNA 2.0 Price Prediction for June 7: Will the new LUNA go Up in 2022?
To say that LUNA 2.0 reception was less than optimal would not be wrong. While many were bullish about burning the old LUNA and unwilling to give Do Kwon a…
New Japanese law may allow seizure of stolen crypto
Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations. Japan’s Justice Ministry is reportedly…
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out…
Longer-term Bitcoin holder losses hit two year lows
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse. Long-term Bitcoin holders are sitting…
Crypto 401(k): Sound financial planning or gambling with the future?
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical. In April, United States-based retirement plan provider Fidelity Investments moved…
Bitcoin Price Prediction for Today June 7: BTC Price Retraces above $29K
Bitcoin Is in a Deadlock as BTC Price Retraces above $29K – June 7, 2022 Bitcoin bulls fail to break above the $32,000 overhead resistance as BTC price retraces above…